Project Director-Risk and Compliance

Federal Reserve Bank of New York; Minneapolis (MN); On-site; USD 110,000 - 165,000; Full time

Benefits offered by this job

Comprehensive healthcare options (Med/

Job summary

Federal Reserve Bank of Minneapolis invites applications for a Project Director for our Risk and Compliance Team. You will lead, participate in, and conduct advanced analytic tasks for projects with broad organizational impact, supporting both Bank and System initiatives.

Regular on-site presence is required. Responsibilities include overseeing large Bank/FRS projects, guiding cross-functional groups, coordinating meetings, and presenting recommendations to senior management.

Qualifications

• Bachelor's degree and at least six years of operations, financial analysis, and project management experience.
• Strong knowledge in risk and compliance, with preference for Federal Reserve System experience.
• Current, strong project management experience is required.
• Experience communicating and presenting to senior management and collaborating with multiple levels of staff.
• Experience addressing risks and contingencies as part of planning and decision-making processes.
• Experience navigating ambiguity and managing relationships across multiple levels and departments.

Responsibilities

• Independently oversee large-scale Bank and Federal Reserve System (FRS) projects with minimal supervision, ensuring timely completion and adherence to quality standards.
• Lead Bank and System work groups and take on leadership in special projects with significant business impact.
• Manage communications, facilitate meetings, and coordinate work activities across teams.
• Synthesize information from business lines and present recommendations to management.
• May lead the implementation of solutions and plan priorities to meet deadlines and expectations.
• Prepare reports, proposals, strategic plans, and other documentation for senior management review.

Skills

Project management

Risk & compliance

Communication

Strategic thinking

Leadership

Education

Bachelor's degree

Job description

Company Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis invites applications for a Project Director for our Risk and Compliance Team. As a Project Director within this Risk and Compliance scope, you will be responsible for leading, participating in, and conducting advanced analytic tasks for projects that have multifunctional or broad organizational impact. Your work supports both Bank and System initiatives. The Risk and Compliance Project Director collaborate closely with the leadership team and is instrumental in advancing leadership initiatives, ensuring that bank-wide projects assigned to Risk and Compliance are completed efficiently and within set timelines. This position requires a regular on-site presence. This position does not sponsor any type of employment visas. Applications will be accepted through September 3, 2026.

Responsibilities

• Independently oversee large-scale, complex Bank and Federal Reserve System (FRS) projects with minimal supervision, ensuring timely completion and adherence to quality standards.
• Work on complex issues requiring in-depth evaluation of variable factors.
• Lead Bank and System work groups and takes on a leadership role in special projects and programs that have significant business impact.
• Manage communications, facilitate meetings and conference calls, and coordinate work activities across teams.
• Maintain a high level of knowledge of operational and internal policies, providing advanced application and operational expertise.
• Synthesize pertinent information gathered from business lines and present recommendations to management.
• May lead the implementation of solutions.
• Plan and prioritize objectives, initiatives, and resources to ensure deadlines and expectations are met.
• Prepare reports, proposals, strategic plans, and other documentation for senior management review in support of proposed solutions and recommendations.
• Analyze and evaluate business needs, assesses risks and expected benefits, and recommend technical, procedural, and policy solutions.

Required Qualifications

• Bachelor's degree and a minimum of six (6) years of operations, financial analysis, and project management experience.
• Strong foundation and depth of knowledge in risk and compliance, with preference for experience in the Federal Reserve System and familiarity with various business lines and operations.
• Current, strong project management experience is required.
• Experience in communicating and presenting recommendations to senior management and collaborating with multiple levels of staff.
• Experience in addressing risks and contingencies as part of planning and decision-making processes.
• Experience in navigating ambiguity and managing relationships across multiple levels and departments.
• Demonstrated ability to think and act strategically and manage multiple priorities effectively.

Preferred

• Project management certification.

Benefits and Perks

• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401(k) match, and a fully funded pension plan
• Paid time off and holidays
• Free public transportation passesAnnual educational assistance
• On-site fitness facility
• Professional development programs, training and conferences
• And more…

Salary Information

Full Salary for Project Director Job Profile: $110,200 - $137,775- $165,300. The expected starting salary range is $110,200- $137,775. Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.

Employment Details

Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Project/Product Management Family Group Work Shift First (United States of America)

Employment Conditions

The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons, and we work together to pursue an economy that works for all of us.

EEO Statement

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.

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague.