Business of IT, System IT Executive

• Strategy: Develop and align business support capabilities and strategies with business objectives, ensuring efficiency and quality while maintaining consistency with System IT strategic plans. Implement the principle of "common where possible, unique where necessary" and track performance through metrics that are regularly reported to governance bodies. 

• Relationship Management: Serve as the primary IT executive responsible for the portfolio, managing relationships with senior leadership and acting as the strategic technology advisor. Collaborate with System IT leadership, partner with the Reserve Bank executive team, and coordinate with external service providers to ensure aligned end-to-end solutions. 

• Business Process Architecture: Drive a comprehensive business process architecture that standardizes IT finance, people, change, strategy, and performance management processes and practices to ensure portfolio leaders have access to modern IT management capabilities.  

• Budget: Manage the Business of IT resources and investments in collaboration with other portfolio stakeholders to align with industry ratios and portfolio leader needs. Maintain a comprehensive view of IT investments and portfolios to facilitate strategic decision-making for portfolios and across System IT. 

• Talent Management: Build a high-performing IT workforce through strategic talent decisions and HR partnership. Foster talent mobility, career development, and succession planning while navigating diverse employment policies across Reserve Banks. Maintain cultural identity while sponsoring career advancement and promoting continuous learning. 

• Risk Management and Information Security: Maintain secure and reliable IT solutions by partnering with the System CISO to ensure compliance with security standards and policies. Foster a strong risk management culture in coordination with business line risk functions to proactively identify and address IT risks. 

Qualifications:  

• 10+ years senior executive experience (GVP/SVP/EVP or equivalent) leading large organizations, with the presence to build confidence and strong stakeholder relationships.  

• Significant relevant experience in managing the Business of IT, including deep understanding of System IT’s mission objectives, service delivery models, stakeholder relationships, and technological infrastructure.  

• Bachelor’s degree in related discipline or equivalent experience.  An advanced degree is preferred.  

• Deep technical expertise in designing and operating complex solutions with modern approaches, complemented by awareness of emerging IT industry trends.  

• Strategic direction-setting capabilities with demonstrated ability to deliver on established goals  

• Collaborative leadership style balanced with decisive action when required. 

• Proven ability to build and integrate teams across multiple organizational cultures while developing and maintaining business relationships with diverse constituents. 

• Strong understanding of the business lines’ mission and vision, most notably key business management. requirements and how that translates into effective management processes, practices, and capabilities that support the Business of IT needs for the enterprise. 

• Strong communication skills with the ability to effectively communicate complex, technical tops to a wide array of business stakeholders. 

• Demonstrated ability to manage geographically diverse and dispersed teams. 

• Exceptional collaborator with the ability to manage a diverse group of stakeholders and support effective decision making and prioritization.

• This position requires physical residency and employment in a district aligned with the portfolio’s IT and business needs. Preferred locations for this role are Atlanta, Kansas City, Minneapolis, New York and Richmond, as determined by the System CIO in consultation with the portfolio business line leadership. Candidates whose current location would require relocation will be notified before beginning the formal interview process

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Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

• Great medical benefits

• Pension and 401(k) with employer match

• Paid time off

• Tuition reimbursement

• Paid volunteer leave

• Onsite amenities that make working here fun!

Other Requirements and Considerations:

• Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions.

• If you need assistance or an accommodation due to a disability, please notify [email protected].

• Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship.

• The hiring range for this position is $280,100 - $385,100 annually.

• Salary range reflects Richmond, VA, for candidates located near other Federal Reserve Bank locations, the listed hiring and salary ranges may be adjusted based on your geographic location.

• Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.

• Interested candidates are strongly encouraged to apply by March 30, 2026. Applications are reviewed on a rolling basis.

• Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.