Full-Time

Senior Innovation Product Manager

Posted on 1/9/2025

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

$132.2k - $181.8kAnnually

Senior, Expert

No H1B Sponsorship

Boston, MA, USA + 1 more

More locations: Richmond, VA, USA

Hybrid remote posture; requires in-office presence.

US Citizenship Required

Category
Product Management
Product
Required Skills
Agile
Risk Management

You match the following The Federal Reserve System's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's Degree or equivalent experience
  • 10+ years of relevant work experience
  • Experience with Agile methodologies required
  • Advanced ability to translate needs into value the product should deliver
  • Excellent communicator that exhibits creativity, experience with compliance, and collaboration
  • Responsible for understanding and applying risk management discipline in decision-making
  • Works independently on broad assignments or under general directions as to scope or goals
Responsibilities
  • Provide guidance and advanced-level matrixed leadership
  • Establish strategic product roadmaps and long-term vision that support goals and deliver value to customers
  • Articulates core value proposition of the solution, identifying individual feature benefits to support value proposition fulfillment
  • Foster relationships with important partners and anticipates stakeholder and team needs to manage development process
  • Ensure delivery of quality product(s) and demonstrate advanced expertise in market problems addressed by assigned product set
  • Responsible for the creative process of generating, developing, and curating new ideas
  • Work with teams through the product lifecycle, including launch through retirement
  • Execute product leadership responsibilities to identify potential cost-saving opportunities, resolve resource constraints, and support business activities through ensuring goals and client needs are met
  • Manage product budget and leads development of funding and pricing strategies processes, including the business case develop for investment in product creation and launch
Desired Qualifications
  • Master's Degree may be preferred
  • Product Manager certification preferred
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. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to ensure 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 maintain 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

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on digital currency enhances regulatory capabilities.
  • Interest on Excess Reserves aids in effective interest rate management.
  • FedNow system modernizes U.S. payment infrastructure, improving efficiency.

What critics are saying

  • Litigation challenges the Fed's stress-testing framework.
  • Leadership gaps may affect oversight on crypto regulations.
  • Slow FedNow adoption could hinder payment infrastructure modernization.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It plays a crucial role in formulating national monetary policy.
  • The Fed supervises and regulates banks and bank holding companies.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Pet Insurance

Wellness Program

INACTIVE