Federal Reserve Bank

Account Manager

Federal Reserve Bank$140K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in account management or customer service roles
  • Strong analytical and critical thinking skills
  • Advanced written and verbal communication proficiency
  • Knowledge of compliance and risk management practices, specifically BSA/AML and OFAC
  • Experience in project management methodologies
  • Familiarity with quantitative analysis and policy interpretation
  • Proficiency in technical tools such as Excel, Access, Tableau, and Salesforce

Responsibilities

  • Manage customer relationships for a designated portfolio
  • Collaborate with stakeholders to execute business initiatives
  • Provide guidance on Federal Reserve account services and policies
  • Oversee account opening and maintenance processes
  • Prepare analytical reports connecting recommendations to strategic goals
  • Lead bi-weekly meetings for account access reviews
  • Support compliance and risk audit processes through data analysis

Benefits

  • Fully paid Pension plan and 401k with generous match
  • Comprehensive insurance plans including health and wellness options
  • Subsidized public transportation program
  • Tuition assistance for continued education
  • Access to onsite fitness and wellness resources
  • Additional flexible benefits tailored to employee needs
Full Job Description
Company
Federal Reserve Bank of New York

This role is based out in New Jersey and New York.

What we do:

As part of the Operations and Resiliency Group, the Reserve Bank Accounts and Services (RBAS) is responsible for the administrative, business, risk, and compliance activities related to the provision of master accounts and Federal Reserve financial services for second district customers.

The RBAS team functions as the central communication and coordination liaison between the Bank's internal and external customers, with respect to on-going account management for the duration of the customer relationship.

Your role as Account Manager:

Reporting to the RBAS Director, you will serve as a key leader in the New York Fed's provision of accounts and services to financial institutions located in the second Federal Reserve district-helping to driving strategy, planning, and decision-making to ensure the delivery of high-quality outcomes for our customers. In this role, you will have the opportunity to resolve complex issues and collaborate with stakeholders across Legal, Credit, Risk, Compliance, and Policy, while maintaining critical relationships with other stakeholders within the Federal Reserve System.

This role requires the responsibility to work independently with limited supervision for a portfolio of customers with a high degree of collaboration with multiple stakeholders to drive outcomes, requiring keen attention to details, organization, and the ability to balance competing priorities.
  • Manage end-to-end relationships for a portfolio of customers.
  • Collaborate with internal and external stakeholders to execute business initiatives and to obtain relevant input to business actions.
  • Demonstrate knowledge to provide guidance to stakeholders regarding Federal Reserve System account and financial services policies, practices and procedures.
  • Accountable owner for the end-to-end processes for account opening and related on-going account maintenance activities, working with Federal Reserve System stakeholders.
  • Prepare written reports that interpret and synthesize analyses, making connections between recommendations and the bigger picture.
  • Contribute and/or lead bi-weekly stakeholders' meetings on account access reviews.
  • Provide peer reviews and resolve difficult and complex problems related to account and financial services.
  • Support quarterly Board Database reporting/reconciliations on existing and pending account requests and conduct ad-hoc querying/analysis for stakeholders.
  • Administer the Account Request Tool (ART) to facilitate requests for Federal Reserve accounts and financial services.
  • Engage and support appropriate stakeholders for requested information/presentations for Compliance Testing/Risk/Audit review.
  • Manage projects within the role.


What we are looking for:
  • Strong customer service, critical thinking and analytical skills, with the ability to quickly learn business and related process and work independently to deliver outcomes.
  • Advanced collaboration, written and verbal communication skills, with the ability to effectively make connections, ask insightful questions, and synthesize information within deadlines.
  • Strong attention to detail and good organizational skills.
  • Understanding of internal controls and risk management practices and/or relevant disciplines (e.g. background or experience in BSA/AML and OFAC Compliance) and an interest in understanding applicability to Reserve Bank operations.
  • Knowledge of project management methodologies and tools.
  • Strong analytical, quantitative skills, including ability to interpret policy requirement.
  • Advanced PC and technical proficiency (Word, Visio, PowerPoint, Excel, Access, SharePoint Online, Tableau, SalesForce, Launchpad Pro (Generative AI), and collaboration tools).


Application Deadline: September 30, 2026

Salary Range: $140,000 - $180,000

We believe in transparency at the New York 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:
  • Fully paid Pension plan and 401k with Generous Match
  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
  • Subsidized Public Transportation Program
  • Tuition Assistance Program
  • Onsite Fitness & Wellness Center
  • And more


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.

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.

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.

Full Time / Part Time
Full time

Regular / Temporary
Regular

Job Exempt (Yes / No)
Yes

Job Category
Customer Experience Family Group

Work Shift
First (United States of America)

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.

Privacy Notice

About Federal Reserve Bank

Industry
Founded
1913

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