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IT Project Manager Principal

Federal Reserve System
Minneapolis, United Statesfull_timeVerifiedPosted 12 Dec 2023

About the role

Company

Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis is seeking a Principal Project Manager to join our Technology team.

As a Principal Project Manager, you will be responsible, for helping lead the delivery of a large-scale IT modernization program. Additionally, you will establish timelines for key deliverables, assessing progress against those milestones, status reporting both internally and to executive stakeholders. This role is a part of the overall program delivery leadership team. You will work closely with other project managers, scrum master and development leadership across the IT and business organizations.

Essential Functions:

  • Direct, coordinate, and monitor all activities for a variety of large, highly integrated and complex programs or projects related to new products, services, web solutions or automated systems implementation with significant FRS or Bank-wide impact.

  • Consult with all levels of Bank and FRS management, staff and customers on services, products and automation or systems solutions for business problem-solving, conflict resolution and lead decision-making.

  • As needed, provide the translation between the technical automation or systems solution and business line processes

  • Plan, coordinate, and monitor all stages of project management including initiation, planning, execution, implementation, and closure, ensuring compliance with System and industry standards, methodologies, and guidelines.

  • Ensure timely delivery of necessary artifacts throughout project and/or program lifecycle.

  • Develop project agreements or charters based on requirements, risk, and complexity of potential solutions, and create project plans, integrated schedules accordingly.

  • Ensure all of the project's technological requirements and objectives are correctly gathered, understood and properly translated for implementation.

  • Ensure agreement from project sponsor(s) and stakeholders is received for initial scope and project plans and any changes throughout the project lifecycle.

  • Direct all aspects of the project or program team, with support from management to assign individual responsibilities, tasks, priorities, and technical functions.

  • Identify the project's/program's key success indicators and manage the work within scope, quality, time, and cost constraints.

  • Manage successful outcomes through identifying and addressing issues and risks.

  • Serve as a key liaison between project/program team, vendors and Bank and FRS management, and business line users, and plays a primary role in FRS workgroups.

  • Coordinate the implementation, training, and documentation of related procedures.

  • Routinely prepares and delivers written and oral communications, including presentations to Senior Management.

  • Provide consistent and comprehensive project/program status reports, updates, and on-going cost analyses.

  • Evaluate completed projects/programs in comparison to cost/time projections.

  • Serve as project, program, and/or portfolio manager for the coordinated management of multiple projects including summarizing overall status for multiple projects.

  • Effectively manage and coordinate complex, cross-functional teams working toward different, but integrated goals and projects; coordination may include project management and scrum resources.

  • Demonstrate strategic thought direction and leadership in addressing unique or complex situations that impact the related project(s), programs, or portfolios.

  • Monitor development and best practices in the internal/external business environment, FRS, and regulatory matters.

  • Anticipate potential challenges, including internal and external business challenges and regulatory issues.

  • Advise and recommend appropriate realignments to programs, projects, portfolios, processes, training, resources, products, or services.

  • Provide tactical and strategic options and project or portfolio recommendations as input to applicable project governance groups.

  • Generate timely and appropriate communications, develop, produce and/or deliver organizational and enterprise-level presentations, views, and reports related to project/s and/or programs.

  • Ensure that programs and/or projects conform to standards such as technical, quality, timeliness, and cost, as well as to relevant FRS policy, governance, guidance, and frameworks.

  • Manage and motivate Project Managers and Teams to complete valuable projects. Develop and manage project/program budget. Monitor and report on progress, performance, and status.

  • Program Proposals and Executive Level dashboarding

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Company

Federal Reserve System

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