CompanyFederal Reserve Bank of New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
The Bank’s flexible work model supports balancing the demands of work and life, while prioritizing the value of connecting and collaborating with our colleagues in person. Employees are expected to live within a commutable distance of their primary work location to support team collaboration.
What we do:
The Legal & Compliance Group comprises several separate and distinct Functions: Bank Applications, Compliance, Ethics, Group Operations and Strategy (GOAS), Legal, and Records Management. The Group Operations and Strategy Function, where the Product Owner will sit, helps the group strategically assess its work and provides resources and strategies in furtherance of group and Bank objectives
Your role as Ethics Product Owner:
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Set ambitious and clear vision for Legal Group Product(s) and communicate user stories effectively to stakeholders, their squad, and the rest of the technology organization.
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End to end squad output strategy from inception to production
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Collaboration with Enterprise Platforms and Capabilities stakeholders to prioritize Product(s) features and ensure delivery aligns with product requirements
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Accountable for product-specific KPIs once a solution enters production, and communicates regular tracking to stakeholders
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Utilize market and industry knowledge to translate user needs into user stories and acceptance criteria for their squad; maintain a backlog 3 to 4 sprints ahead of the squad
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Works closely with Chief Product Officer, Product Management, and business lines to establish each product’s business value and support messaging, communication, and customer outreach as necessary
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Facilitate release planning with stakeholders as well as weekly demos
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Plays a key role on Agile squad(s) and works onsite with the squad daily to ensure delivery
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Integrates usability studies and research into product requirements to enhance user satisfaction and ensure customer driven design
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Align outward facing product requirements and stakeholders
What we are looking for:
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Proven knowledge of standard concepts, practices, and procedures with relevant business capabilities across several Legal Group subject areas including Personal Trading, Compliance Monitoring and Training Program Development, Knowledge Management, Document Management, Matter Tracking, Compliance Monitoring and Training Program Development.
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Integration mind-set and approach to ensure product dependencies and integration points are understood and delivered across product lines
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Strong understanding of compliance programs, practices, services, and concepts
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Strong collaborator with cross-functional teams from technology, business, and National Information Technology
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Proven knowledge and understanding of standard precision practices, technology, data and supporting industry principles
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Experienced in facilitating agile ceremonies, managing a backlog/release plan, tracking team level metrics, removing blockers (burndown chart, release burn up, etc.)
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Deep experience leading with teams in an agile setting
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Strong problem solver with ability to manage and lead the team to push the solution and progress
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Passion to challenge the status quo and find new solutions and drive out of the box ideas – loves and embraces change, and strong influencing skills
Salary Range: $150100 – $174500 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
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Fully paid Pension plan and 401k with Generous Match
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Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
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Subsidized Public Transportation Program
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Tuition Assistance Program
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Onsite Fitness & Wellness Center
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And more
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.
We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Full Time / Part TimeFull time
Regular / TemporaryRegular
Job Exempt (Yes / No)Yes
Job CategoryProject/Product Management Family Group
Work ShiftFirst (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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What We Do
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The Fed - Make a world of difference in the global economy
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.
Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve.
Atlanta https://www.frbatlanta.org/
Boston http://www.bostonfed.org/
Chicago https://www.chicagofed.org/
Cleveland https://www.clevelandfed.org/
Dallas http://dallasfed.org/
Kansas City https://www.kansascityfed.org/
Minneapolis https://www.minneapolisfed.org/
New York http://www.newyorkfed.org/
Philadelphia https://www.philadelphiafed.org/
Richmond https://www.richmondfed.org/
San Francisco http://www.frbsf.org/
St. Louis https://www.stlouisfed.org/
Board http://www.federalreserve.gov/
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