Job Description:

Company

Federal Reserve Bank of Boston

Strong Program Manager to support the Bank officers as we support the People Committee secretary as the Boston Fed takes over ownership in 2025 and beyond.

People Committee Program Manager, Director 

 

ABOUT THE FEDERAL RESERVE BANK OF BOSTON 

The Federal Reserve Bank of Boston is one of the 12 Federal Reserve Banks that, together with the Board of Governors in Washington, D.C. make up the Federal Reserve System. We (the “Boston Fed,” the “Bank”) serve the First Federal Reserve District that includes the six New England states: Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont. 

With the overarching vision of a vibrant economy that works for all, the Boston Fed promotes sound growth and financial stability in our region and the nation and helps to formulate and implement monetary policy. Our contributions to the First District and the nation are founded on high-quality research and bank supervisory activities, excellence in supporting financial services and financial markets stability, leadership in payments innovation, and an active commitment to supporting economic well-being in communities. 

The Bank holds several key System roles, including leading the Financial Support Office, which directs financial management for the System, including managing the budget and related technology programs. The Bank develops and leads innovative payments programs. One example is the recently launched FedNowSM Service (“FedNow”), a real-time gross payments settlement system. The Bank also played a central leadership role in the Federal Reserve’s crisis responses during both the Great Financial Crisis (2008) and the global pandemic (2020). The Bank is a thought leader and innovator in numerous areas, including financial stability, monetary policy, and community development. 

The Boston Fed employs approximately 1,300 people, based primarily in the First District, with an annual budget in 2024 of $440+ million. We are proud of our strong organizational culture, which is built on our four core values: diversity and inclusion, innovation, integrity, and leadership. We build institutional expertise and flexibility by identifying, engaging, and developing a highly trained and diverse workforce. Our inclusive work environment respects and fully values our employees’ individual strengths, including their different backgrounds, personalities, and thought processes. 

We are a visible business leader in Greater Boston and throughout the First District, serving as an important business community advisor and nonpartisan convener of ideas in areas of economic and workforce development. Our President and Bank leaders are engaged with numerous organizations that support the First District community, including professional associations and nonprofit and academic boards. 

 
Position Overview 

As the People Committee Program Manager, Director, the individual will report to the People Committee Secretary and support all aspects of People Committee strategy, programming and operations needed for the People Committee to deliver on its scope of responsibilities, as required by the People Committee Chair and overseen by the People Committee secretary.  This work is expected to extend collaborating with and supporting Federal Reserve System and FRB Boston teams engaged in People Committee strategic initiatives. The Program Manager will be responsible for defining, developing, and successfully executing People committee operating and communications models that maintain proactive and productive working relationships with relevant stakeholders. This individual will work collaboratively across the System groups with which the People Committee engages with across the Federal Reserve System – Subcommittee on Human Resources (SOHR) System Diversity, Equity & Inclusion (SDEI) Office of Employee Benefits (OEB). Additional connectivity and bi-lateral engagement with the Federal Reserve System Presidents (COP, Team 26), First Vice Presidents (CFVP, Team 26), and other relevant System governance groups.  This position will develop and foster relationships with key People Committee stakeholders, be responsive to evolving needs, and communicate effectively across all levels of the People Committee’s System engagements.   

Key Responsibilities 

• Provide People Committee programmatic, strategic and operations support, including generating People Committee meeting agendas in collaboration with the People Committee Chair and Secretary, independently developing minutes and action items; supporting regular discussions of SOHR, OEB, and SDEI leadership with the People Committee Chair and Vice Chair; and keeping the People Committee Sharepoint site current, organized and adherent to records management policies. 

• Facilitate the People Committee’s development of High Priority Initiatives and associated success criteria, and measuring and reporting against such success criteria; 

• Support the People Committee’s review, approval and monitoring of SOHR, SDEI and OEB HPIs against HPI milestones, working closely with SOHR, SDEI and OEB leadership; 

• Coordinate with the People Committee Secretary to engage and collaborate with the secretaries and Chairs of related governance groups (SOHR, SDEI, OEB, COP, Team 26, etc.) to ensure two-way communication and information is flowing between groups and to partner as needed on joint initiatives. 

• In conjunction with the People Committee Chair and Secretary, identify, manage, and communicate risks, issues, decisions and dependencies in the People Committee’s portfolio of work to relevant stakeholders. 

• For People committee HPIs and/or People Committee chair initiatives, lead usage of PMO standards, processes and tools and ensure adherence from HPI contributors. 

Knowledge, Skills and Experience Required 

• 10+ years experience in program management, effectively delivering programs from start to finish. 

• Background in Human Resources or Diversity, Equity and Inclusion – ideally within the Federal Reserve System preferred, but not required. 

• Expertise with Microsoft toolset (Project, PowerPoint, Excel, SharePoint). 

• Collaborative team player, capable of working well with others, but also autonomously with little direction. 

• Comfortable facilitating and leading discussions with large groups and senior stakeholders. 

• Excellent communication and presentation skills. 

• Excellent organizational, multi-tasking, and time-management skills; self-starter, proactive. 

• Ability to work effectively through ambiguity. 

 

OTHER REQUIREMENTS 

• Eligibility to work in the United States. 

• This job is eligible for a hybrid schedule with at least 50% on-site work expected. The individual is expected to reside in the 1st District unless given an exception.  

• Willingness to travel infrequently to primarily domestic locations.    

 

ETHICS CONSIDERATIONS & PROHIBITED ACTIVITIES 

It is indispensable to the proper functioning of, and the maintenance of public confidence in, the Federal Reserve, for the Bank and the System to function properly and maintain high public confidence. It is essential for every employee to perform their duties with honesty, integrity, and impartiality, without improper preferential treatment of any person or organization. Bank employees are subject to federal criminal statutes that prohibit financial conflicts of interest ( e.g., an employee cannot work on any matter in which they or certain employee-affiliated parties have a financial interest). In addition, the Bank’s code of conduct generally prohibits activities such as: 

• Outside activities that are inconsistent with the employee’s duties and responsibilities, e.g., holding a position as a director of a publicly traded company 

• Certain partisan political activities, such as fundraising or holding partisan elected office 

 

As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests – such as stocks or bonds – from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions. 

 

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service. 

 

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch lists at least once every five years. 

 

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities, or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time. 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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