Business of IT, System IT Executive
Federal Reserve Bank of New York, New York, NY, United States
Technology support across the FRS (“System IT”) is functionally unifying and organizationally aligning to business line customers and enterprise shared services.
This System IT executive leadership role within the Federal Reserve System (FRS) involves managing unique portfolios focused on broadly supporting all the other business lines and operations. The FRS Business of IT Executive reports to the System CIO and partners with the other portfolio leaders and System stakeholders to ensure efficient and effective delivery of business support capabilities and services.Key responsibilities include partnering with stakeholders to implement common management processes and practices in the areas of IT finance, talent management (e.g., workforce/succession planning, talent development), communications and change management, IT strategy formulation, and IT performance management. The position requires gathering portfolio leader and System stakeholder needs to deliver the core management functions of a robust and mature “Business of IT” function. While aspects of “Business of IT” are prevalent across the System and have been developed to serve specific needs, operating this enterprise function at scale is new and will require both the creation and integration of these business support capabilities to create a unified capability for System IT. This role presents an opportunity to influence System IT strategy while fostering cultural integration between System IT and local Reserve Bank practices (e.g., finance, people, communication, reporting) within a matrixed organization.**Qualifications:** ********Discover the Reason Why So Many People Love It Here!**When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:* Great medical benefits* Pension and 401(k) with employer match* Paid time off* Tuition reimbursement* Paid volunteer leave* Onsite amenities that make working here fun!**Other Requirements and Considerations:*** Candidates should review the Bank’s Employee
to ensure compliance with conflict-of-interest rules and personal investment restrictions.* If you need assistance or an accommodation due to a disability, please notify rich.recruit@rich.frb.org.* Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship.* The hiring range for this position is $280,100 - $385,100 annually.* Salary range reflects Richmond, VA, for candidates located near other Federal Reserve Bank locations, the listed hiring and salary ranges may be adjusted based on your geographic location.* Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.* Interested candidates are strongly encouraged to apply by March 30, 2026. Applications are reviewed on a rolling basis.* Always verify and apply to jobs on
or through verified Federal Reserve Bank social media channels.* Deep technical expertise in designing and operating complex solutions with modern approaches, complemented by awareness of emerging IT industry trends.* Collaborative leadership style balanced with decisive action when required.* and dispersed teams.* Exceptional collaborator with the ability to manage a diverse group of stakeholders and support effective decision making and prioritization.* ***This position requires physical residency and employment in a district aligned with the portfolio’s IT and business needs. Preferred locations for this role are Atlanta, Kansas City, Minneapolis, New York and Richmond, as determined by the System CIO in consultation with the portfolio business line leadership. Candidates whose current location would require relocation will be notified before beginning the formal interview process***10+ years senior executive experience (GVP/SVP/EVP or equivalent) leading large organizations, with the presence to build confidence and strong stakeholder relationships. Significant relevant experience in managing the Business of IT, including deep understanding of System IT’s mission objectives, service delivery models, stakeholder relationships, and technological infrastructure. Bachelor’s degree in related discipline or equivalent experience.
An advanced degree is preferred.
Strategic direction-setting capabilities with demonstrated ability to deliver on established goals Proven ability to build and integrate teams across multiple organizational cultures while developing and maintaining business relationships with diverse constituents.Strong understanding of the business lines’ mission and vision, most notably key business management. requirements and how that translates into effective management processes, practices, and capabilities that support the Business of IT needs for the enterprise.Strong communication skills with the ability to effectively communicate complex, technical tops to a wide array of business stakeholders.Demonstrated ability to manage geographically diverse OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningfulWe hope that you will be our future colleague.Always verify and apply to jobs on
or through verified Federal Reserve Bank social media channels. #J-18808-Ljbffr
This System IT executive leadership role within the Federal Reserve System (FRS) involves managing unique portfolios focused on broadly supporting all the other business lines and operations. The FRS Business of IT Executive reports to the System CIO and partners with the other portfolio leaders and System stakeholders to ensure efficient and effective delivery of business support capabilities and services.Key responsibilities include partnering with stakeholders to implement common management processes and practices in the areas of IT finance, talent management (e.g., workforce/succession planning, talent development), communications and change management, IT strategy formulation, and IT performance management. The position requires gathering portfolio leader and System stakeholder needs to deliver the core management functions of a robust and mature “Business of IT” function. While aspects of “Business of IT” are prevalent across the System and have been developed to serve specific needs, operating this enterprise function at scale is new and will require both the creation and integration of these business support capabilities to create a unified capability for System IT. This role presents an opportunity to influence System IT strategy while fostering cultural integration between System IT and local Reserve Bank practices (e.g., finance, people, communication, reporting) within a matrixed organization.**Qualifications:** ********Discover the Reason Why So Many People Love It Here!**When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:* Great medical benefits* Pension and 401(k) with employer match* Paid time off* Tuition reimbursement* Paid volunteer leave* Onsite amenities that make working here fun!**Other Requirements and Considerations:*** Candidates should review the Bank’s Employee
to ensure compliance with conflict-of-interest rules and personal investment restrictions.* If you need assistance or an accommodation due to a disability, please notify rich.recruit@rich.frb.org.* Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship.* The hiring range for this position is $280,100 - $385,100 annually.* Salary range reflects Richmond, VA, for candidates located near other Federal Reserve Bank locations, the listed hiring and salary ranges may be adjusted based on your geographic location.* Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.* Interested candidates are strongly encouraged to apply by March 30, 2026. Applications are reviewed on a rolling basis.* Always verify and apply to jobs on
or through verified Federal Reserve Bank social media channels.* Deep technical expertise in designing and operating complex solutions with modern approaches, complemented by awareness of emerging IT industry trends.* Collaborative leadership style balanced with decisive action when required.* and dispersed teams.* Exceptional collaborator with the ability to manage a diverse group of stakeholders and support effective decision making and prioritization.* ***This position requires physical residency and employment in a district aligned with the portfolio’s IT and business needs. Preferred locations for this role are Atlanta, Kansas City, Minneapolis, New York and Richmond, as determined by the System CIO in consultation with the portfolio business line leadership. Candidates whose current location would require relocation will be notified before beginning the formal interview process***10+ years senior executive experience (GVP/SVP/EVP or equivalent) leading large organizations, with the presence to build confidence and strong stakeholder relationships. Significant relevant experience in managing the Business of IT, including deep understanding of System IT’s mission objectives, service delivery models, stakeholder relationships, and technological infrastructure. Bachelor’s degree in related discipline or equivalent experience.
An advanced degree is preferred.
Strategic direction-setting capabilities with demonstrated ability to deliver on established goals Proven ability to build and integrate teams across multiple organizational cultures while developing and maintaining business relationships with diverse constituents.Strong understanding of the business lines’ mission and vision, most notably key business management. requirements and how that translates into effective management processes, practices, and capabilities that support the Business of IT needs for the enterprise.Strong communication skills with the ability to effectively communicate complex, technical tops to a wide array of business stakeholders.Demonstrated ability to manage geographically diverse OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningfulWe hope that you will be our future colleague.Always verify and apply to jobs on
or through verified Federal Reserve Bank social media channels. #J-18808-Ljbffr