Federal Reserve Bank

Project Director-Risk and Compliance

Federal Reserve Bank$110K — $137K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 6+ years in operations, financial analysis, project management.
  • Strong expertise in risk and compliance, preferably within the Federal Reserve System.
  • Proven project management experience essential for leading complex initiatives.
  • Excellent communication skills for presentations and collaboration with senior management.
  • Ability to address risks and uncertainties during planning processes.
  • Skilled in navigating ambiguity across various departments.
  • Preferred: Project management certification.

Responsibilities

  • Independently lead complex Bank and FRS projects with minimal oversight.
  • Evaluate intricate issues, analyzing multiple variable factors.
  • Facilitate special projects with significant business impact, taking on a leadership role.
  • Manage meetings and communication across teams to ensure project alignment.
  • Stay knowledgeable of operational policies, applying expertise to projects.
  • Synthesize data from business lines to provide management with actionable recommendations.
  • Plan resources and priorities to meet project expectations and timelines.

Benefits

  • Comprehensive healthcare options including medical, dental, and vision.
  • 401(k) match and fully funded pension plan.
  • Generous paid time off and holidays.
  • Free public transportation passes for convenience.
  • Annual educational assistance for professional growth.
  • On-site fitness facility to promote wellness.
  • Access to professional development programs and training opportunities.
Full Job Description
The Federal Reserve Bank of Minneapolis invites applications for a Project Director for our Risk and Compliance Team. As a Project Director within this Risk and Compliance scope, you will be responsible for leading, participating in, and conducting advanced analytic tasks for projects that have multifunctional or broad organizational impact. Your work supports both Bank and System initiatives. The Risk and Compliance Project Director collaborate closely with the leadership team and is instrumental in advancing leadership initiatives, ensuring that bank-wide projects assigned to Risk and Compliance are completed efficiently and within set timelines. This position requires a regular on-site presence. This position does not sponsor any type of employment visas. Applications will be accepted through September 3, 2026. Responsibilities: - Independently oversee large-scale, complex Bank and Federal Reserve System (FRS) projects with minimal supervision, ensuring timely completion and adherence to quality standards. - Work on complex issues requiring in-depth evaluation of variable factors. - Lead Bank and System work groups and takes on a leadership role in special projects and programs that have significant business impact. - Manage communications, facilitate meetings and conference calls, and coordinate work activities across teams. - Maintain a high level of knowledge of operational and internal policies, providing advanced application and operational expertise. - Synthesize pertinent information gathered from business lines and present recommendations to management. May lead the implementation of solutions. - Plan and prioritize objectives, initiatives, and resources to ensure deadlines and expectations are met. Prepare reports, proposals, strategic plans, and other documentation for senior management review in support of proposed solutions and recommendations. - Analyze and evaluate business needs, assesses risks and expected benefits, and recommend technical, procedural, and policy solutions. Required Qualifications: - Bachelor's degree and a minimum of six (6) years of operations, financial analysis, and project management experience. - Strong foundation and depth of knowledge in risk and compliance, with preference for experience in the Federal Reserve System and familiarity with various business lines and operations. - Current, strong project management experience is required. - Experience in communicating and presenting recommendations to senior management and collaborating with multiple levels of staff. - Experience in addressing risks and contingencies as part of planning and decision-making processes. - Experience in navigating ambiguity and managing relationships across multiple levels and departments. - Demonstrated ability to think and act strategically and manage multiple priorities effectively. - Preferred: Project management certification. Additional Information: Full Salary for Project Director Job Profile: $110,200 - $137,775- $165,300. The expected starting salary range is $110,200- $137,775. Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity. Our total rewards program offers benefits that are the best fit for you at every stage of your career: - Comprehensive healthcare options (Medical, Dental, and Vision) - 401(k) match, and a fully funded pension plan - Paid time off and holidays - Free public transportation passes - Annual educational assistance - On-site fitness facility - Professional development programs, training and conferences - And more... Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Project/Product Management Family Group Work Shift First (United States of America)

About Federal Reserve Bank

Industry
Founded
1913

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