Program Manager, Cybersecurity Risk and Policy

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.  

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. 

What we do:

The Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The objectives of supervision are to:

• Evaluate and promote the overall safety and soundness of supervised institutions;

• Ensure supervised institutions’ compliance with relevant laws and regulations, including consumer protection;

• Facilitate the stability of the financial system of the United States; and

• Support the growth and stability of the U.S. economy.

Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy, and risk matters. Supervision is coordinated with other U.S. agencies.

The Supervisory Policy and Strategy (SPS) function’s responsibilities are concentrated in three areas. First, staff help to set the strategy around and contribute to the development of international and domestic prudential standards for banking organizations, financial market utilities (FMUs), and payment systems. Second, staff assist with policy implementation and supervision through a variety of means, including delivery of cutting-edge analyses and actively engaging with supervisory colleagues. Third, staff lead Federal Reserve System-wide supervisory efforts related to capital stress testing and cyber resilience and contribute to the oversight of systemically important FMUs.

The Supervision Policy and Strategy (SPS) Cybersecurity Risk and Policy Department guides, influences, and supports the development and implementation of an enhanced cybersecurity supervision program for the Federal Reserve System (FRS). 

Your role as the Cyber/IT Risk Program Manager:

As the Program Manager, you will supervise Cyber/IT a dynamic team responsible for cybersecurity risk and policy for supervised financial institutions.  You will work in partnership with key stakeholders and subject matter experts across the Bank, the Federal Reserve System, and domestic and foreign regulatory agencies and central banks.  

The Program Manager will manage and develop professionals on the team, provide strategic leadership in developing and executing business objectives, and build strong collaborative relationships with key leaders in the Federal Reserve, and domestic and foreign regulatory agencies and central banks. You will help set goals and objectives for team members to align with Department priorities.  You help ensure cyber policies, practices, and procedures are understood and followed by direct reports, Supervisory portfolios, and Bank stakeholders.  You will be responsible for building and maintaining a culture that is consistent with the Bank’s mission, vision, and values. We are seeking a strategic, innovative, and inclusive leader.

Core responsibilities include:

• Identifies material cyber risks and allocates resources to examinations, monitoring activities, and various analyses and projects.

• Provides subject matter expertise around cybersecurity matters and applies this expertise to workable policy responses.

• Maintains relationships with internal and external stakeholders and communicates messages to FRS management and the firms, senior management, and board of directors.

• Analyzes and synthesizes complex cyber risk topics and issues; maintains awareness of trends, new products, and current and prospective regulatory changes.

• Mentors staff and leads professional development, training, and performance management.

• Assists management in building and sustaining a culture that is characterized by innovation, creative problem-solving, teamwork, empowerment of employees, accountability, diversity and inclusion, learning and development, business process excellence, and continuous improvement.

What we are looking for:

• Prior management responsibilities or experience leading large, complex projects, with demonstrated aptitude to build high-performing teams, diverse in gender, ethnicity, background, and thought, and create an accepting, empowering culture that makes all employees, regardless of background, feel valued, motivated and included.

• Substantial cybersecurity risk or policy experience.  

• Substantial financial industry, regulatory, or other related experience in assessing cybersecurity risks and developing related supervisory policy and strategy.

• Strong interpersonal skills with the ability to build effective working relationships in a complex organization and to communicate effectively across all levels of organizations.

• Track record of significant thought leadership, innovative approaches, well-grounded decision making, and strong execution.

Salary Range: $159400 - $235200 / year  

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.  

  

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.  

  

Benefits:  

Our organization offers benefits that are the best fit for you at every stage of your career:  

• Fully paid Pension plan and 401k with Generous Match  

• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)  

• Subsidized Public Transportation Program  

• Tuition Assistance Program   

• Onsite Fitness & Wellness Center  

• And more  

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.   

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.  

  

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.  

  

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.   

  

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change. 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Information Technology

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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