Senior Vice President, Operations

Company

Federal Reserve Bank of Boston

ABOUT THE FEDERAL RESERVE BANK OF BOSTON

The Federal Reserve Bank of Boston is one of the 12 Federal Reserve Banks that, together with the Board of Governors in Washington, D.C.

make up the Federal Reserve System.

We (the “Boston Fed,” the “Bank”) serve the First Federal Reserve District that includes the six New England states: Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont.

With the overarching vision of a vibrant economy that works for all, the Boston Fed promotes sound growth and financial stability in our region and the nation and helps to formulate and implement monetary policy.

Our contributions to the First District and the nation are founded on high-quality research and bank supervisory activities, excellence in supporting financial services and financial markets stability, leadership in payments innovation, and an active commitment to supporting economic well-being in communities.

The Bank holds several key System roles, including leading the Financial Support Office, which directs financial management for the System, including managing the budget and related technology programs.

The Bank develops and leads innovative payments programs.

One example is the recently launched FedNowSM Service (“FedNow”), a real-time gross payments settlement system.

The Bank also played a central leadership role in the Federal Reserve’s crisis responses during both the Great Financial Crisis (2008) and the global pandemic (2020).

The Bank is a thought leader and innovator in numerous areas, including financial stability, monetary policy, and community development.

The Boston Fed employs approximately 1,300 people, based primarily in the First District, with an annual budget in 2024 of $440+ million.

We are proud of our strong organizational culture, which is built on our four core values: diversity and inclusion, innovation, integrity, and leadership.

We build institutional expertise and flexibility by identifying, engaging, and developing a highly trained and diverse workforce.

Our inclusive work environment respects and fully values our employees’ individual strengths, including their different backgrounds, personalities, and thought processes.

We are a visible business leader in Greater Boston and throughout the First District, serving as an important business community advisor and nonpartisan convener of ideas in areas of economic and workforce development.

Our President and Bank leaders are engaged with numerous organizations that support the First District community, including professional associations and nonprofit and academic boards.

This job is eligible for a hybrid schedule with some on-site work expected.

The individual is expected to reside in the 1st District unless you were given an exception.

ABOUT THE POSITION

The SVP, Operations impacts the strategic direction of all District Operations in support of promoting the ...