Manager- Credit Reserves and Risk Management (CRRM)

Company

Federal Reserve Bank of Kansas City

At the KC Fed, we know that great people make a great organization.

When you join the KC Fed, you join a team of people working together to promote an inclusive and stable financial system, making a difference in local communities.

We succeed by emphasizing the growth and development of diverse team members like you and supporting a culture that empowers staff to make a difference.

The Payments & Strategy Division of the Federal Reserve Bank of Kansas City provides leadership, central bank services, analytical support, policy analysis and research to support the Federal Reserve System’s mission to promote a U.S.

payment system that is efficient, safe and broadly accessible.

Within this Payments & Strategy Division, we have a challenging and rewarding career opportunity for a management position within the Credit, Reserves and Risk Management (CRRM) Department.

As a member of the CRRM Department, you will directly contribute to the trust and confidence in the nation’s financial system through challenging work assignments and rewarding professional experiences.

We focus on personal development and growth, and reward high performance with increasingly complex assignments and promotional opportunities.

CRRM is responsible for operating the discount window by providing credit to 10th District institutions through fully collateralized loans, evaluating requests of institutions seeking access to the payment system, and monitoring the financial condition of all 10th District institutions to mitigate risk to the Reserve Banks and the payment system.

CRRM also is responsible for facilitating the implementation of monetary policy through reserve account administration, such as the payment of interest on reserves.

As a manager in the CRRM Department, you will partner with other leaders to lead our team, champion the Bank’s mission to promote economic and financial stability, and drive cross-functional departmental success.  In this role, you will model the Bank’s values, serve as a steward of our culture, and demonstrate strong leadership competencies.

As a leader in a newly established division, you will help drive change, optimize processes and support the team through organizational transitions providing clear direction.  You will be responsible for developing your team, establishing connections across the organization and providing strategic input to influence business strategy and modernize processes related to liquidity provisioning and access to the payment system.  You will be expected to work amongst various teams and colleagues to determine strategic goals and initiatives and make risk-informed decisions.  You will also be expected to communicate, facilitate, and deliver information and presentations to a wide variety of individuals, including high-level leadership.

The ideal candidate has a background in safety and soundness examinations and a strong interest in the payments ecosyste...