Federal Reserve Bank of ClevelandThe Federal Reserve Bank of Cleveland’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems while representing the Fourth District perspectives.
As part of the nation’s central bank, we are a team of mission-driven professionals who are committed to serving with excellence. Our core values are: Build Trust Every Day, Own Our Actions, Collaborate with Intention, and Be Open to Change.
For twenty-six years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.
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Reporting Relationship
The Chief of Staff reports jointly to the President and the First Vice President, serving as a strategic advisor and operational partner to both executives while advancing enterprise priorities, organizational effectiveness, governance, and leadership team alignment.
The Strategy and Bank Performance team will report directly to the Chief of Staff, ensuring direct alignment with the executive office in driving effective execution of key initiatives across the bank and system.
of Position Role
The Federal Reserve Bank of Cleveland is seeking a Chief of Staff who will serve as a strategic advisor and operational partner to the President and First Vice President, helping maximize executive effectiveness, enterprise alignment, organizational execution, and leadership team performance across a highly complex organization.
Operating as an extension of the President and First Vice President, the Chief of Staff coordinates enterprise priorities, advances cross-functional initiatives, supports governance and executive operations, and promotes alignment across the Bank and the Federal Reserve System.
The Chief of Staff combines strategic insight, operational excellence, executive facilitation, organizational influence, and sound judgment to advance the Bank's priorities while optimizing executive focus, effectiveness, and impact. This role requires a highly trusted, politically astute, and adaptable leader who can navigate ambiguity, influence without authority, and operate effectively at the highest levels of leadership.
Responsibilities
Executive Advisory & Strategic Partnership
Serve as a trusted advisor to the President and First Vice President on strategic priorities, organizational effectiveness, governance, and enterprise decision-making.
Anticipate emerging issues and proactively identify risks, opportunities, and critical decisions requiring executive attention.
Develop executive briefings, analyses, recommendations, and decision-support materials.
Facilitate strategic planning and organizational alignment around enterprise priorities and long-term objectives.
Provide independent perspective and counsel on organizational dynamics, stakeholder considerations, and enterprise implications of key decisions.
Support executive leadership in maintaining alignment across strategic objectives, organizational priorities, and Federal Reserve System initiatives.
Executive Leadership Team Effectiveness
Support the operating rhythm, governance processes, and coordination of the Executive Leadership Team.
Facilitate executive meetings, retreats, and decision forums to drive alignment, accountability, and execution.
Monitor progress against strategic priorities and ensure follow-through on key commitments.
Foster collaboration, information sharing, and effective communication across the executive leadership team.
Partner with the President, First Vice President, and Executive Leadership Team to support Board governance activities, including preparation of materials, strategic discussions, Board engagement, and follow-up on key Board priorities.
Enterprise & System Coordination
Serve as an enterprise integrator, connecting priorities, initiatives, and stakeholders across the Bank and Federal Reserve System.
Coordinate system-wide initiatives, shared services efforts, and enterprise programs to promote alignment, consistency, and efficiency.
Identify and manage interdependencies, enterprise risks, and cross-functional challenges impacting organizational objectives.
Facilitate collaboration among leaders to resolve competing priorities and achieve enterprise outcomes.
Strategic Initiative Leadership
Coordinate high-priority strategic initiatives on behalf of executive leadership, including transformation, organizational effectiveness, governance, culture, and enterprise change efforts.
Oversee initiative planning, execution, milestone tracking, and outcome measurement across cross-functional teams.
Partner with External and Internal Communications to prepare executive-level communications, presentations, and updates to support decision-making and stakeholder engagement.
Ensure accountability, proactively address barriers, and escalate risks as appropriate.
Executive Prioritization & Effectiveness
Optimize executive focus by helping prioritize strategic opportunities, organizational demands, and emerging issues.
Align executive engagement, meeting structures, and governance processes with enterprise priorities.
Streamline decision-making, escalation pathways, and executive workflows to improve organizational effectiveness.
Enable executive leadership to concentrate on the highest-value leadership, stakeholder, System, and strategic activities.
Required Skills
Bachelor's degree required; advanced degree preferred. Equivalent combinations of education, relevant experience, and demonstrated leadership accomplishments may be considered.
10+ years of progressive leadership experience, including direct support of senior executives, C-suite leaders, or enterprise-level leadership teams.
Demonstrated success leading complex, cross-functional initiatives in large, matrixed organizations.
Strong understanding of organizational strategy, operations, governance, and executive decision-making processes.
Exceptional relationship-building and stakeholder management skills, with the ability to influence across functions and levels without direct authority.
Experience managing highly sensitive, confidential, and politically nuanced matters with discretion and sound judgment.
Excellent written, verbal, and executive communication skills, including the ability to synthesize complex information for diverse audiences.
Strong strategic thinking, program leadership, project management, and organizational effectiveness capabilities.
High degree of professionalism, executive presence, adaptability, and sound judgment.
Experience supporting executive governance processes, Board interactions, and senior stakeholder engagement is strongly preferred.
Experience within public sector, financial services, consulting, regulatory environments, or other large multi-stakeholder organizations preferred.
Demonstrated commitment to public service and alignment with the mission and values of the Federal Reserve System.
The expected starting salary range for the SVP, Chief of Staff is between $290,000 and $330,000 annually. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data.
The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.clevelandfed.org/careers
Physical Demands and General Working Conditions
This is not necessarily an exhaustive list of all responsibilities, duties, 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, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.
Reasonable Accommodation Statement - The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process, please send an email to clev.4d.benefits.specialist@clev.frb.org
Bank’s Ethics Rules and Drug Testing
As a condition of employment, Federal Reserve Bank of Cleveland employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or an affiliate of a depository institution. A "depository institution" means a bank, a trust company, or any institution that accepts deposits, including a bank chartered under the laws of a foreign country. In addition, employees (and their spouses/domestic partners, and minor children) may not own shares of mutual funds, unit investment trusts or ETFs that have a policy, as stated in the prospectus, of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions. 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.
In addition, as a condition of employment, candidates must undergo a background check and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and for certain safety sensitive positions during employment.
Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels
Full time
Regular
Yes
Executive Family Group
First (United States of America)
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.
The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.
Today the Federal Reserve's duties fall into four general areas:
Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates.
Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers.
Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.
Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.
