Assistant Vice President and Deputy Risk Officer

Company

Federal Reserve Bank of Kansas City

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.

Position Summary: 

• The Assistant Vice President and Deputy Risk Officer is responsible for identifying, evaluating, and mitigating risks for the organization.  This includes helping to build a risk-informed culture.   

• This leader reports to the Vice President and Chief Finance and Risk Officer. 

 

Primary Objectives: 

• Provides leadership for, and engages in, the attraction, development and retention of a high caliber team. Fosters a work culture that promotes a high performing, inclusive and team-oriented environment.  

• Leads the Bank’s enterprise risk management activities to apply a disciplined approach to identifying, evaluating, and effectively preventing and managing key business risks. 

• Ensures an effective risk-management environment, high levels of compliance with well-designed and well-documented controls, including COSO process and testing. 

• Supports the application of and compliance with related financial and risk reporting policies 

• Cultivates strong working partnerships within Kansas City and across the System, including Human Resources, Legal, Audit, and other internal stakeholder across the District and System. Serves as a critical member of the core Insider Risk Team and Enterprise Risk Council.  

• Champions a diverse, equitable and inclusive work environment that encourages continuous improvement and growth, understanding the important role that these efforts play in achieving business objectives. Drives strategic thought leadership within the finance and risk teams and influences System processes and outcomes.    

 

Secondary Objectives: 

• Actively contributes to the Bank's leadership initiatives including strategic planning, goals and objectives setting, policy development, DEI and cultural initiatives, and organizational level workforce development, mentorship, and succession.  

• Effectively manages the business line’s financial resources according to budget and policy guidelines. Assesses business needs in conjunction with resource limitations, ensuring resources are allocated strategically and correctly to meet demands. 

• Effectively collaborates with internal and external stakeholders, building relationships of trust and mutual respect. 

 

Qualifications 

• Possesses strong leadership abilities and has demonstrated proficiency