Director of the FRBNY Markets Chicago Office

Company

Federal Reserve Bank of New York

When 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 Open Market Trading Desk (Desk) within the Markets Group is comprised of several functions: the Domestic and International Markets (DIM) Function executes transactions in the open market on behalf of the Federal Reserve System, the U.S.

Treasury Department, and foreign official customers, and conducts detailed analysis of financial market developments in support of the Federal Reserve’s monetary policy and financial stability decision-making process; the Cross Market and Portfolio Analysis (CMPA) function monitors and analyzes the System Open market Account (SOMA) balance sheet and global financial markets to inform the development and implementation of monetary and financial stability policy; the Treasury Debt Financing (TDF) function executes Treasury auctions as fiscal agent for the U.S.

Treasury, and the SOMA Portfolio and Strategy (SPS) function supports the SOMA Manager’s responsibilities in managing the SOMA portfolio and implementing monetary policy as directed by the Federal Open Market Committee (FOMC), informing policymakers on financial market developments and SOMA transactions, and advising policymakers on financial market, communication, and policy implementation issues.

The Director of the Chicago office serves as the senior leader in Chicago, ensuring direction, communication and integration for successful and resilient split operations.

 This person is also a member of the Markets Group management and Desk and DIM senior leadership teams and provides leadership to the Markets Chicago office across the Desk.

In addition, the Director of the Chicago office will foster strong interconnectedness between the Chicago office and the Desk, Markets Group, FRBNY, Board, System, and further build relationships with Federal Reserve Bank of Chicago leaders and staff.  In the event of a severe disruption to New York based operations, the Director of the Chicago office will work with the Chicago leadership team to ensure continuity of Desk operations and analysis working with stakeholders at the Board, System, and U.S.

Treasury.

How You’ll Make an Impact as the Director of the FRBNY Markets Chicago office:

Serve as the senior Desk leader onsite in Chicago, providing leadership, direction and oversight to the Chicago office.  This includes ensuring the effective communication, integration, ...