Federal Reserve Board

Treasury, Markets & Reserves Data Collections Department Head

Federal Reserve Board  •  $275k - $375k/yr  •  New York City, NY (Onsite)  •  3 hours ago
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Job Description

Company

Federal Reserve Bank of New YorkWhen you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

Our Unique Work:

The Data & Statistics Function strengthens the Federal Reserve System’s ability to support supervision, monetary policy, and financial stability by modernizing how financial data is collected, governed, and transformed into insight. Our new operating model focuses on standardization, data quality, horizontal analysis, modernization, and expanded analytical capability across all data collections and sites.

The Department Heads play a critical role in this transformation by leading teams that execute fit-for-use data collections, advance modernization and AI enabled innovation to strengthen the integrity and usability of data across the System.

How You’ll Make an Impact as Treasury, Markets, & Reserves Data Collections Department Head:

  • Provide strategic leadership and long‑term direction for the department, setting priorities and outcomes that support and align with System‑wide strategies and modernization objectives.
  • Oversee teams of managers, team leaders, specialists, and analysts, with responsibility for talent development, performance management, succession planning, and cultivating a culture grounded in collaboration, innovation, and transparency.
  • Establish Department objectives and drive execution in coordination with partners across the Function, Bank, and System.
  • Lead modernization of data operations—including workflow redesign, digital process improvements, and adoption of emerging technology solutions—to enhance efficiency, insight, and value.
  • Identify, synthesize, and communicate major reporting themes, data quality insights, and escalation points across the Function and the System.
  • Represent the Function on System-level committees, national workgroups, and priority initiatives, contributing technical and strategic expertise.
  • Ensure timely, accurate, and fit-for-use data that meets or exceeds expectations for supervision, policy, financial stability, research, and market-facing partners.

Additionally, the Treasury, Markets, & Reserves Data Collections Department Head will have these additional responsibilities:

  • Lead critical, high-frequency markets and Treasury data collections supporting monetary policy operations, market monitoring, reserves analysis, benchmark reference rates, and financial stability assessments.
  • Oversee benchmark reference rate operations and collaborate with market participants, benchmark rate contributors, and Treasury-related reporting institutions.
  • Modernize data workflows for high-frequency and market-sensitive processes, including integration of advanced technologies.
  • Lead national or multisite initiatives involving benchmark rates, market-data transformation, and Treasury-facing reporting themes.

The Unique Skill Sets We’re Looking For:

  • Experience managing managers and multidisciplinary, matrixed professional teams, with a strong record of leading complex data or reporting operations.
  • Expertise in regulatory or financial data, data governance frameworks, and data quality, with an ability to translate technical issues into actionable insights.
  • Experience driving modernization initiatives, including workflow redesign, automation, or adoption of emerging technologies.
  • Ability to influence senior stakeholders, navigate complex problems, and set long-term strategic direction.
  • Commitment to collaboration, transparency, communication, inclusion, and development of others.

Other Things to Know:

Posting Deadline: July 15th

Salary Range: $275000- $375000/ year

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.

This position requires access to Treasury sensitive information and is therefore limited to individuals who are U.S. Citizens and who must undergo an enhanced background screening.

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 can 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.

How We’ll Support You:

Our programs and benefits are designed to support you through all your life stages:

  • Learning & Growing: Educational assistance, career development tools, and stretch opportunities
  • Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
  • Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
  • Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program

Our Culture is deeply grounded in our Touchstone Behaviors— By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more.

Apply now if you’re ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here to see all our open roles.

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.

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.

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.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work Shift

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.

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Federal Reserve Board

About Federal Reserve Board

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.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Washington, DC
Year Founded
1913
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