Full-Time

Information Systems Op Dir

Posted on 11/18/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Senior

Atlanta, GA, USA

Category
IT Project Management
System Administration
IT & Security
Required Skills
Development Operations (DevOps)
Requirements
  • Bachelor's Degree or 4 years equivalent experience; bachelor's degree preferred
  • Five to Eight years preferred
  • Knowledge of IT principles
  • Knowledge of financial principles
  • Knowledge of technical areas: Networks, Cloud technologies, Telecommunications, Quality Assurance, Middleware, DevOps, Database administration
  • ITIL Foundations certification
Responsibilities
  • Participates in short and some long-term planning and goal setting for IT department(s).
  • Recommends and approves performance goals, standards, procedures, and project objectives.
  • Recommends changes in staffing and/or equipment to maximize operational effectiveness.
  • Allocates resources to ensure District goals and objectives are met.
  • Develops policies and procedures for the department and methods to monitor effectiveness and compliance with established standards and procedures.
  • Directs and manages IT staff.
  • Coaches and develops staff.
  • Evaluates, counsels, and provides guidance to subordinates concerning job performance and development.
  • Recommends and initiates personnel actions.
  • Administers disciplinary actions as necessary.
  • Ensures that subordinate management and supervisory staff are adequately trained to effectively perform their duties.
  • Participates as a Bank representative in special IT studies, projects or assignments which have District, System, community or industry impact.
  • Prepares formal reports and various correspondence.
  • Prepares and administers the department budget.
  • Controls revenues and expenses within department, responsible for meeting budget goals and objectives, and provides input to policy level direction regarding standards and budget constraints.
  • Plans and provides for equipment needs by determining resources required, evaluating vendor products, recommending equipment acquisition to management, negotiating vendor contracts, and installing/testing new equipment.
  • Participates in the evaluation and selection of new software products for local or District use.
  • Directs the development, improvement, maintenance and implementation of new hardware and software.
  • Keeps abreast of new developments in related areas of responsibility and management fields.
The Federal Reserve System

The Federal Reserve System

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The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. The Federal Reserve also supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. Additionally, it provides financial services to banks and the U.S. government, acting as a bank for banks. 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 stable financial system and a healthy economy, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

N/A

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at the Federal Reserve offers the opportunity to contribute to significant economic policies that impact the global economy.
  • The Fed's diverse and inclusive work environment fosters creativity and innovation, providing room for personal and professional growth.
  • Employees benefit from a high-performance culture with meaningful responsibilities and a strong work-life balance.

What critics are saying

  • The Federal Reserve's involvement in controversial areas like crypto regulation and monetary policy can lead to public scrutiny and pressure.
  • The complexity and scale of its operations may result in slower adoption of new technologies, as seen with the FedNow system.

What makes The Federal Reserve System unique

  • The Federal Reserve System stands out as the central bank of the United States, wielding unparalleled influence over national monetary policy and financial stability.
  • Its role in supervising and regulating banks, alongside providing financial services to the U.S. government, sets it apart from other financial institutions.
  • The Fed's introduction of innovative systems like the FedNow instant payments platform highlights its commitment to modernizing financial services.

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