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jobs description

Company Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team... for our future.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

The System IT Portfolio Management Office (PMO) has an immediate opening for a Senior Portfolio Manager.

You will be responsible for the development, implementation, adoption and operation of enterprise level Portfolio Management capabilities and processes. These enterprise capabilities are in support of managing technology portfolios of the Federal Reserve System’s Business Lines, Products, Districts and National IT organizations. You will work with Portfolio Management teams throughout the organization in their processes, evolution and delivery of critical innovation, strategic products, and core technology infrastructure investments. You will also help advance the maturity and value of portfolio management.

Working within the System IT PMO, you will collaborate with others throughout the organization to plan and deliver innovative, integrated, and effective practices in portfolio management and related, neighboring practice areas (ex. Finance, Product Management, Project/Program Management, Data Management etc.).

What You Will Do:
• Assess needs, research options, develop, manage, and support key Portfolio Management capabilities applicable to System IT.
• Prepare related solution proposals, describe options, pros/cons, benefits and obtain agreement.
• Drive related communication, engagement, support, adoption, and process improvements with System IT Portfolio Management peers across the entire organization.
• Create a collaborative partnership with executive leaders to ensure all strategic and product demand is consistently captured and guides the prioritization and balancing of the technology portfolio to align with our strategic goals and priorities.
• Guide leadership in the management of portfolio of technology investments of different complexity, scope, and budget size through the investment and portfolio management lifecycle.
• Stay current on all in-flight and planned initiatives, customer demands, and dependencies across and within assigned portfolios of work and drives portfolio replanning when necessitated by change.
• Plan, prepare, and facilitate monthly and quarterly portfolio reviews with division leadership (product groups, BDGs, etc.) and finance partners to validate and assess the portfolio, executing changes and reprioritizing to meet business needs.
• Provide advanced consultative support and perform portfolio analysis for all portfolio lifecycle phases, prepare matching synthesis and reporting for technology and business leadership.
• Own and oversee the collective portfolio management engagement and support for an assigned division or set of technology portfolios as portfolio management lead.
• Represent System IT PMO for an assigned part of the System as business relationship liaison and provide support for ongoing activities, planning and budget cycle activities, and any ad-hoc needs for analysis, portfolio realignment, reorganization, or replanning.
• Support the Federal Reserve System’s Portfolio Management Community of Practice (CoP).

• Bachelor's Degree with 9+ years relevant work experience.
• 5+ years of direct experience with IT project or program management, or equivalent experience as a Scrum Master.
• Experience in enterprise level IT portfolio management preferred.
• Working knowledge of Project Portfolio Management tools, e.g. Clarity preferred.
• Demonstrated ability to negotiate and influence. Ability to create alliances and drive consensus in a federated environment.
• Strong ability to think at a strategic and a high-level, while also performing hands-on tactical activities. High level of critical thinking abilities.
• Ability to manage and deliver on multiple commitments and projects at once.
• Record of growing to Subject Matter Expert/Thought Leader level in key areas of responsibility.
• Strong record of continuous, targeted learning that has driven successful outcomes.
• Certifications in project management and portfolio management, or willingness to obtain, such as PMP, PfMP, SAFe LPM, or similar desired.

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
• Employee resource networks
• Paid volunteer leave
• Flexible work options
• Onsite amenities that make working here fun!

Other Requirements and Considerations:
• Candidates should review the Bank’s Employee Code of Conduct 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.recruitment@rich.frb.org.
• Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).
• 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 or three or more years of Permanent Resident (Green Card) status.
• The hiring range is $112,500 – $154,660 annually.
• This Senior Portfolio Manager will enjoy a hybrid work environment. You are expected to be onsite at a Federal Reserve Bank location an average of two days each week.
• For candidates outside Richmond, VA, 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.
• Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply as soon as possible.

Full Time / Part Time Full time

Regular / Temporary Regular

Job Exempt (Yes / No) Yes

Job Category Project Management Family

Work Shift First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

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Atlanta GA USA


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