Company
Federal Reserve Bank of Boston
FedNow Business Continuity Planning/Disaster Recovery (BCP/DR) Manager
The Federal Reserve is developing a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow service. This service will help enable financial institutions to provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of a new mission-critical Federal Reserve initiative that will be transformative to the payments landscape in the United States.
A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.
Position Contributions -
The BCP/DR Manager will contribute to the FedNow service and support the operational team by establishing the FedNow BCP/DR function, and defining BCP/DR for the FedNow Service. The BCP/DR Manager will ensure that the processes, procedures, and testing enable the BCP/DR requirements to be met while working to align with enterprise BCP/DR principles and processes.
What will be expected of you: -

• Focus on building the simplest model (plan) that can demonstrate the achievement of Recovery Time Objectives (RTO) and Recovery Point Objectives (RPO)
• Ensure regular, comprehensive execution of the tests described in the BCP/DR plan
• Represent Service Management in enterprise-level BCP/DR meetings
• Lead BCP/DR exercises within the FedNow team, and participate in enterprise-level exercises
• Track and measure all improvement plans emanating from BCP/DR test findings
• Actively support and promote Continual Service Improvement (CSI) for FedNow
• Coach & mentor BCP/DR staff

Expertise you would bring -

• Bachelor's degree with 10+ years relevant work experience; or 15+ years of relevant work experience
• Experience leading BCP/DR activities for a large enterprise including conducting business impact assessments (BIAs), developing continuity plans, leading recovery tests, and reporting results to leadership
• Experience leading across teams toward a shared objective
• Strong analytical and problem-solving skills with demonstrated ability to quickly gather, analyze and synthesize information
• Initiative and innovation toward reducing operational risk leveraging the scientific method
• Strong collaboration, influencing skills, and verbal and written communication skills
• Strong organizational and time management skills
• Ability to work in a demanding environment and handle multiple competing priorities
• Ability to work in an office environment and/or remotely as applicable

It's added value if you have-

• ITIL Certification
• Experience working with payments systems (preferred)
• Familiarity with ISO20022 messages

Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Supervisory/Management
Work Shift
First (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.
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