Full-Time

Product Manager

Associate

Posted on 11/25/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$97.6k - $155.9kAnnually

Entry

No H1B Sponsorship

San Francisco, CA, USA

Hybrid position.

US Citizenship Required

Category
Product Management
Product
Required Skills
Agile
Product Management
AWS
JIRA
SCRUM
Confluence
Requirements
  • Bachelor’s degree in management, Communications, Computer Science, Information Systems, or equivalent work experience
  • Highly organized with superior communication and coordination skills
  • Ability to coordinate and work with diverse groups of subject matter experts
  • Self-starter, with a high personal standard of performance excellence
  • Understanding of Product, Project and Program Management standard processes
  • Analytical, collaboration, leadership, critical thinking, multitasking, and time management skills
  • Ability to influence successfully in a highly matrixed or virtual organization
  • Experience with product and project management tools such as JIRA, SharePoint, Confluence, etc.
  • Must be a U.S. Citizen or a Green Card holder with the intent to become a U.S. Citizen
  • Product management skillsets and experience, ability to gain consensus, use influence to achieve decisions and escalate in a timely and clear fashion
  • Collaborate, build relationships and influence individuals at all levels in a matrix-management environment as well as external vendors and service providers
  • Product development processes including the ability to evaluate and prioritize enhancement requests for products, set product release schedules and create product forecasts
  • Knowledge of several software development life cycle methodologies; Agile SCRUM
  • Product Manager certification (nice to have)
  • Organizational skills, the ability to perform under pressure and management of multiple priorities with competing demands for resources
Responsibilities
  • With direction, owns part of the execution of full Product Lifecycle, including Ideation and R&D, Development, constant improvement through maturity, etc. usually in partnership with other Product Managers
  • Knowledge of AWS GovCloud deployments and processes
  • Ensures product vision is communicated to the technology delivery teams
  • Planning and ongoing iteration planning; requires collaboration across Agile Release Train (ART)
  • Actively promote Agile behaviors within business, technology and across FRS
  • Provides recommendations for product prioritization and key roadmap activities
  • Supports product management team on complex or large products
  • May be responsible for a specific feature or component of a larger product offering
  • Further builds on Industry knowledge by anticipating product trends, capability prioritization and tradeoffs
  • Achieves set Product key metrics, usability, Operations and Maintenance, and positioning relative to external-market Products and capabilities
  • Communicates portfolio and project updates to managers and stakeholders
The Federal Reserve System

The Federal Reserve System

View

The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and ensuring financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to maintain a safe and sound banking system. It also provides essential financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and a stable financial system, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • FedNow Service drives innovation in the payments ecosystem.
  • Annual stress tests reinforce confidence in the U.S. banking sector.
  • Basel III Endgame reproposal may enhance financial stability.

What critics are saying

  • Increased regulatory scrutiny may strain resources and relationships with banks.
  • Complexities in IOER implementation could affect economic stability management.
  • Slow FedNow adoption due to outdated tech may hinder payment modernization.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It introduced the Interest on Excess Reserves (IOER) in 2008.
  • The FedNow Service enables real-time payments, launched in July 2023.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE