Overview

Position Description

Adviser

I. Job Specific Duties And Responsibilities

  • Work with division leadership to lead the division of Financial Stability’s engagement on international issues, for example at the Financial Stability Board (FSB), the Network for the Greening of the Financial System, other international organizations, and in bilateral engagement with foreign agencies.
  • Work with senior leadership of the division to determine the key international objectives of the division and develop a plan to achieve these objectives.
  • Work with colleagues and stakeholders across the Federal Reserve to ensure a coordinated approach to matters relating to financial stability or financial regulatory policy.
  • Support senior staff and Governors to develop the Board’s financial stability agenda by coordinating with staff from other divisions, Reserve Banks, other domestic and international agencies to advance the Board’s financial stability agenda. Support any Federal Reserve Board officials who take on official roles at international institutions engaged in financial stability-related work. Contribute to the development of strategy regarding implementation of the goals for those officials.
  • Perform duties on behalf of Federal Reserve Board officials or the senior oversight officer as needed, such as in bilateral and multilateral engagements involving Federal Reserve officials, the Secretariats of the relevant international organizations, members of those international organizations and their support teams, and Federal Reserve and U.S. agency stakeholders.
  • Represent the position of Federal Reserve officials to key stakeholders by serving as a direct liaison to these and other relevant parties.
  • Coordinate and support the Federal Reserve’s broader engagement with the FSB, including supporting Federal Reserve Board membership in the FSB.
  • Steer the development of international work products to the extent necessary to achieve stated objectives.
  • Provide guidance and oversight to the team manager who oversees the team assigned to work on international engagement; actively develop their skills and expertise, oversee work product, and conduct performance evaluations.
  • Work with the team manager to facilitate the team’s collaboration with Federal Reserve stakeholders at multiple levels and across multiple functions, including FS staff coordinating international matters more broadly, Board staff actively engaged in FSB and other international groups, and other Federal Reserve System staff, as appropriate.
  • Must be able to travel internationally to meet the expectations noted above.

Senior Adviser

I. Job Specific Duties And Responsibilities

  • Lead the division of Financial Stability’s engagement on international issues (with limited direct input from division leadership), for example at the Financial Stability Board (FSB), the Network for the Greening of the Financial System, other international organizations, and in bilateral engagement with foreign agencies.
  • Lead division staff in their analysis and research related to financial stability topics, especially in areas where the candidate has a high degree of expertise.
  • Work with senior leadership of the division to determine the key international objectives of the division and develop a plan to achieve these objectives.
  • Work with colleagues and stakeholders across the Federal Reserve to ensure a coordinated approach to matters relating to financial stability or financial regulatory policy.
  • Support senior staff and Governors to develop the Board’s financial stability agenda by coordinating with staff from other divisions, Reserve Banks, other domestic and international agencies to advance the Board’s financial stability agenda. Support any Federal Reserve Board officials who take on official roles at international institutions engaged in financial stability-related work. Contribute to the development of strategy regarding implementation of the goals for those officials.
  • Perform duties on behalf of Federal Reserve Board officials or the senior oversight officer as needed, such as in bilateral and multilateral engagements involving Federal Reserve officials, the Secretariats of the relevant international organizations, members of those international organizations and their support teams, and Federal Reserve and U.S. agency stakeholders.
  • Represent the position of Federal Reserve officials to key stakeholders by serving as a direct liaison to these and other relevant parties.
  • Coordinate and support the Federal Reserve’s broader engagement with the FSB, including supporting Federal Reserve Board membership in the FSB.
  • Steer the development of international work products (with limited direct input from division leadership) to the extent necessary to achieve stated objectives.
  • Provide guidance and oversight to the team manager who oversees the team assigned to work on international engagement; actively develop their skills and expertise, oversee work product, and conduct performance evaluations.
  • Work with the team manager to facilitate the team’s collaboration with Federal Reserve stakeholders at multiple levels and across multiple functions, including FS staff coordinating international matters more broadly, Board staff actively engaged in FSB and other international groups, and other Federal Reserve System staff, as appropriate.
  • Must be able to travel internationally to meet the expectations noted above.

Adviser

Ii. Division Specific Requirements

Reporting to the associate director, the adviser will play a lead role in supporting engagement with international organizations, such as the FSB, as well as additional work related to financial stability surveillance and policy. The adviser will also provide guidance to a manager and team who support the Board’s international engagement on financial stability or financial regulatory policy issues.

This role requires on-site presence in Washington, D.C. via a hybrid schedule.

Senior Adviser

Ii. Division Specific Requirements

Reporting to the deputy director, the senior adviser will play a lead role in supporting engagement with international organizations, such as the FSB, as well as additional work related to financial stability surveillance and policy. The senior adviser will also provide guidance to a manager and team who support the Board’s international engagement on financial stability or financial regulatory policy issues

This role requires on-site presence in Washington, D.C. via a hybrid schedule.

Position Requirements

Adviser

Iii. Knowledge/Skill/Education Requirements

  • Advanced degree in economics, finance, law, policy or a related field is required.
  • Seven or more years of economic, finance, or legal work experience, including two or more years working in a policy making organization are required.
  • Two or more years of experience in leading people, including setting strategy, establishing aligned performance expectations, providing clear and actionable feedback, and developing people.
  • Experience with interagency and/or international work on financial stability. Experience in the work of the Financial Stability Board and/or the international standard setting bodies is preferred (e.g., Basel Committee on Banking Supervision, Committee on Payments and Market Infrastructures, International Organization of Securities Commissions, International Association of Insurance Supervisors, etc.).
  • Experience in one-on-one principal level interaction and at the executive/officer level is strongly preferred. Candidates with four or fewer years of relevant experience would be considered for the advisor level position.
  • Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills.
  • Demonstrated experience and commitment to fostering collaboration and employee engagement.
  • Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations.
  • Ability to balance competing interests among a variety of clients and readily readjust priorities to respond to pressing and changing client demands. Must be able to anticipate and meet the clients’ needs while maintaining high-quality end products.
  • Exceptional organizational savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams, diminishing organizational silos, strengthening teams, and facilitating effective group and team dynamics
  • Requires the ability to communicate effectively, both orally and in writing, with all levels of staff and management.

Senior Adviser

Iii. Knowledge/Skill/Education Requirements

  • Advanced degree in economics, finance, law, policy or a related field is required.
  • Ten or more years of economic, finance, or legal work experience, including three or more years working in a policy making organization.
  • Three or more years of experience in leading people, including setting strategy, establishing aligned performance expectations, providing clear and actionable feedback, and developing people.
  • Significant experience with interagency and/or international work on financial stability. Experience in the work of the Financial Stability Board and/or the international standard setting bodies is preferred (e.g., Basel Committee on Banking Supervision, Committee on Payments and Market Infrastructures, International Organization of Securities Commissions, International Association of Insurance Supervisors, etc.).
  • Significant experience in one-on-one principal level interaction and at the executive/officer level is strongly preferred.
  • Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills.
  • Demonstrated experience and commitment to fostering collaboration and employee engagement.
  • Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations.
  • Ability to balance competing interests among a variety of clients and readily readjust priorities to respond to pressing and changing client demands. Must be able to anticipate and meet the clients’ needs while maintaining high-quality end products.
  • Exceptional organizational savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams, diminishing organizational silos, strengthening teams, and facilitating effective group and team dynamics
  • Requires the ability to communicate effectively, both orally and in writing, with all levels of staff and management.

Iv. Officer Specific Position Responsibilities

  • Acts as responsible steward to the function(s), Division, and Board by demonstrating proficiency in the Board’s espoused competencies.
  • Balances and mitigates key organizational and functional risks where appropriate, and develops and executes sustainable risk mitigation strategies.
  • Fosters a continuous learning culture.
  • Exercises appropriate judgement and decision-making in complex situations.
  • Demonstrates innovation and thought leadership relevant to future-state organizational and functional people strategies.
  • Demonstrates strong leadership and management skills aligned to the Board’s espoused values.
  • Keeps skills and knowledge current and aligned to best practices relative to key rules, regulations, and policies, as well as economic, political, and social trends that affect the organization. Understands near-term and long-term needs for the organization and determines how operations should be positioned to meet such needs.
  • Demonstrates proficiency in political savvy, organizational savvy, and interpersonal communication skills.

V. Board Competencies

  • Decision Quality: Makes timely, thoughtful, strategic decisions
  • Learning Agility: Takes responsibility for building organizational agility
  • Drive for Excellence: Delivers results by developing shared vision and direction for the organization
  • Perspective and Strategic Agility: Leads and acts with the future in mind
  • Collaborative Relationships: Sets the tone for collaborative organization
  • Effective Communication: Effectively speaks and acts on behalf of the Board

Vi. Personal Relationships

  • Has frequent contact with members of the Board, both in discussions and through memoranda, regarding matters pertaining to area(s) of responsibility.
  • Has frequent contact with senior staff and other professionals in the division, elsewhere at the Board, and the Reserve Banks regarding matters pertaining to area(s) of responsibility.
  • Has regular contact with all staff in the function(s) to stay connected to the pulse of the division, provide leadership, and act as a role model.
  • Has frequent contact with individuals from other federal agencies, international organizations, and in the private sector regarding the subject matters in area(s) of responsibilities.

Vii. Internal Management Responsibilities

  • Provides guidance, coaching, and feedback to, and conducts performance reviews for managers and other direct reports, and ensures same is provided to all function staff.
  • Responsible for accomplishing approved program objectives for area(s) of responsibility within the financial and personnel resources allocated by the Board and the division’s senior management.
  • Participates in the development of the division’s strategic plan, goals, and budget. Recommends program objectives and their priorities for area(s) of responsibility.
  • Recommends personnel actions involving promotions, reclassifications, merit increases, and reassignments or separations in area(s) of responsibility.

Viii. Position Demands

  • Ability to exercise independent and sound judgment in establishing objectives for assigned area(s) of responsibility that provide support and services for the division’s and Board’s missions.
  • Ability to translate customer service and organizational development theories and best practices into effective strategies for adoption in area(s) of responsibility to achieve and maintain high levels of customer service.
  • Ability to communicate effectively, both orally and in writing, to the Board and individual members thereof, senior Board staff, other Board and Reserve Bank staff: and staff at other government agencies and in the private sector on complex and technical matters.
  • Ability to be an effective spokesperson and advocate for the Board and the division in outside contacts, which may involve significant business dealings.
  • Ability to operate under pressure to meet deadlines accurately and in a timely manner.

Primary Location

DC-Washington

Employee Status

Regular

Overtime Status

Exempt

Job Type

Standard

Travel

Yes, 25 % of the Time

Shift

Day Job

Years Of Experience Required

7

Education Required

Master’s or Equivalent Exp.

Relocation Provided

Yes

Salary Grade Low

00

Salary Grade High

00

Minimum Salary

Maximum Salary

Posting Date

Jan 10, 2023