Federal Reserve Bank

Senior National Relationship Manager

Federal Reserve Bank$159K — $189K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience in a related field
  • Minimum seven years of relevant work experience
  • Proven mastery of technical skills and product knowledge
  • Advanced understanding of the Federal Reserve System
  • Strong sales acumen with expert knowledge of sales principles and practices
  • Excellent organizational, time management, and independent decision-making skills
  • Strong written and verbal communication abilities

Responsibilities

  • Build and maintain strong relationships with complex customer organizations
  • Develop and present solutions to complex business scenarios
  • Manage and resolve critical customer disruptions
  • Ensure alignment of FRFS priority objectives with customer portfolio
  • Lead and mentor junior team members
  • Support the evolution of products and services through customer insights
  • Monitor portfolio performance and develop proposals for customer opportunities

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401k savings plan and retirement plan
  • Paid time off and transit benefit
  • Access to onsite gym and subsidized cafeteria
  • Opportunities for professional development and career growth
Full Job Description
The Senior National Relationship Manager serves as a strategic advisor for the Federal Reserve Financial Services' largest and most complex customer organizations. This role leads high impact customer engagement, provides informed guidance to executive level stakeholders, and ensures alignment between customer priorities and FRFS strategic goals. This position is considered expert level and performs unique work of high complexity that has broad impact on the organization. The incumbent works independently with minimal supervision. This position has no direct reports and may assign work, provide direction, or act as a mentor to junior staff. Your Responsibilities • Expert demonstration of building and maintaining strong relationships with complex customer organizations, engaging stakeholders across all relevant business lines. • Develops solutions to complex business scenarios, presents ideas to customers, and overcomes difficult objections and issues raised by customers. • Demonstrated performance in managing critical customer or FRFS disruptions. • Demonstrated performance in ensuring FRFS System priority objectives are managed and escalated appropriately across portfolio of accounts. • Acts as a leader within the team, offering consultation and support to junior/new members of the team. • Drives portfolio performance and supports product and service evolution through customer intelligence and facilitates cross-functional collaboration across Treasury product, operations, technology, and risk teams. • Establishes customer intelligence, identifies at-risk business, and communicates critical updates for reporting and dashboards. • Advises executive-level leaders by preparing relevant customer insights and initiating senior-level engagements when appropriate. • Monitors portfolio revenue, volume, and variances, developing proposals that align customer opportunities with FRFS value-added services. • Leads development of service proposals and oversee the initiation of service for new customers and support for non-routine customer problems. Your Background • Bachelor's degree in a related field, or commensurate specialized training, certification, or work experience • Minimum seven years of work experience Proven mastery of technical skills, product knowledge, and competitive awareness • Advanced knowledge of the Federal Reserve System and the products, services, practices and procedures of the FR Financial Services • Expert understanding of sales principles and practices • Ability to work collaboratively to accomplish the goals and objectives of the System • Excellent organizational and time management abilities • Strong written and verbal communication skills • Independent thinking and strong decision making • Recognized as internal and external thought leader in own technical discipline What we Offer • Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria • A learning environment with opportunities to gain new skills and grow your career Additional Requirements • Valid driver's license • Ability to travel up to 75% of the time. • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. • This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and could take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well. • As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary. The expected starting salary range for this position is between $159,800 and $189,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data. 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)

About Federal Reserve Bank

Industry
Founded
1913

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