What are the responsibilities and job description for the Manager, Financial Statements - Information Technology position at Federal Reserve Board?
Position Description
Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
6
Summary
Working under close supervision of the Assistant Director, manages a unit within IT that develops applications, analyzes financial data, or provides automation infrastructure support for the Board. The Applications Manager manages the development, maintenance and testing of custom applications on mainframe and distributed platforms to support client business functions; directs the design development of major systems by maintaining detailed conceptual knowledge of the systems in the unit; and, follows the System Development Methodology (SDM). The Financial Systems Manager manages the requirements definition and Systemwide coordination of systems to process economic, financial, and supervisory data, and provides technical expertise in data content and analysis; operates the systems processing the Board's economic, financial, and supervisory micro data; develops edit standards for these data and analyzes variances against edit standards as data are processed; and produces releases, reports, etc., for the data services. The Systems and Telecommunications Manager manages the development of requirements, design and installation of central systems software (operating system, database) and telecommunications services (local and wide area networks); supervises the planning and enhancement of these services, and coordinates any modifications to them to increase performance; manages the application of maintenance to these systems, oversees the development of procedures to keep them current; and, oversees planning for changes to the automation architecture for new telecommunication services. The Mainframe and Distributed Systems Manager manages the development of requirements, design and installation of desktop and mainframe operating system software, supervises the planning and enhancement of these services, manages the application of maintenance to these systems; oversees the development of procedures to keep them current; and, oversees planning for changes to the automation architecture for new desktop and mainframe services.
Duties And Responsibilities
Position Requirements
FR-27 Minimal Qualifications
Requires a bachelor’s degree preferably in computer science, telecommunications, information systems, accounting, economics, finance or a related discipline and six years of experience or equivalent experience. Technical and analytical skills. Demonstrates comprehensive knowledge of Board and System's automation environment, client business functions, and System use of central and distributed environmental software and series processing. Demonstrates strong technical management experience, and strong knowledge of the technologies and management practices employed by IT and the Board are required. Demonstrates thorough knowledge of own area of responsibility and a comprehensive knowledge of all IT functions, activities, technologies including cost/benefit analyses and SDM. Demonstrates strong leadership in managing professional and technical staff and projects.
FR-28 Minimal Qualifications
Three or more years of experience leading projects preferred.
At the FR-28 grade level, the incumbent must have a bachelor’s degree and eight years of experience and two years of management experience. Requires technical and analytical skills. Demonstrates comprehensive knowledge of the Board and System's automation environment, client business functions, and System use of central and distributed environmental software and series processing. Demonstrates strong technical management experience, and strong knowledge of the technologies and management practices employed by IT and the Board are required. Demonstrates thorough knowledge of own area of responsibility and a comprehensive knowledge of all IT functions, activities, technologies including cost/benefit analyses and SDM. Demonstrates strong leadership in managing professional and technical staff and projects.
FR-29 Minimal Qualifications
At the FR-29 grade level, the incumbent must have a bachelor’s degree and nine years of experience and three years of management experience. Requires technical and analytical skills. Demonstrates comprehensive knowledge of the Board and System's automation environment, client business functions, and System use of central and distributed environmental software and series processing. Demonstrates strong technical management experience, and strong knowledge of the technologies and management practices employed by IT and the Board are required. Demonstrates thorough knowledge of own area of responsibility and a comprehensive knowledge of all IT functions, activities, technologies including cost/benefit analyses and SDM. Demonstrates strong leadership in managing professional and technical staff and projects. Expert in coaching and developing staff.
Remarks
The ideal candidate must demonstrate effective project team and client-business relationship management as well as demonstrated effective relationship management skills for staff at all levels. Strong leadership or management experience in the planning, development, and implementation and support of custom developed applications, collaboration solutions, business solutions, data management solutions, data analysis techniques, and/or strategic plans.
Demonstrated experience in financial data analysis, data collection design, data editing methodologies, and experience working in and leading cross-functional teams with staff at all levels. Excellent written and verbal communication. Innovative thinking, complex problem-solving skills, and ability to transform abstract problems into actionable plans. The ability to work directly with unit staff, project teams, clients at all levels, Interagency staff at all levels, Reserve Bank contacts at all levels, and senior IT management. Demonstrated negotiation skills; decision quality; drive for excellence; analysis; initiative and resourcefulness; ability to learn; technical knowledge; tolerance for stress; leadership ability; ability to develop collaborative relationships; planning, organizing, and controlling skills; and a customer and service orientation.
To successfully execute Statistics function priorities, candidates must also have demonstrated regulatory reporting knowledge, Reserve Bank leadership experience, political savvy, and a strategic mindset.
U.S. citizenship required. Position is located in Washington DC, and on-site presence required.
Primary Location
DC-Washington
Employee Status
Regular
Overtime Status
Exempt
Job Type
Standard
Relocation Provided
Yes
Compensation Grade Low
FR PAY GRADE 27
Compensation Grade High
FR PAY GRADE 29
Minimum Salary
$140,500.00
Maximum Salary
$295,800.00
Posting Date
Mar 12, 2026
Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
6
Summary
Working under close supervision of the Assistant Director, manages a unit within IT that develops applications, analyzes financial data, or provides automation infrastructure support for the Board. The Applications Manager manages the development, maintenance and testing of custom applications on mainframe and distributed platforms to support client business functions; directs the design development of major systems by maintaining detailed conceptual knowledge of the systems in the unit; and, follows the System Development Methodology (SDM). The Financial Systems Manager manages the requirements definition and Systemwide coordination of systems to process economic, financial, and supervisory data, and provides technical expertise in data content and analysis; operates the systems processing the Board's economic, financial, and supervisory micro data; develops edit standards for these data and analyzes variances against edit standards as data are processed; and produces releases, reports, etc., for the data services. The Systems and Telecommunications Manager manages the development of requirements, design and installation of central systems software (operating system, database) and telecommunications services (local and wide area networks); supervises the planning and enhancement of these services, and coordinates any modifications to them to increase performance; manages the application of maintenance to these systems, oversees the development of procedures to keep them current; and, oversees planning for changes to the automation architecture for new telecommunication services. The Mainframe and Distributed Systems Manager manages the development of requirements, design and installation of desktop and mainframe operating system software, supervises the planning and enhancement of these services, manages the application of maintenance to these systems; oversees the development of procedures to keep them current; and, oversees planning for changes to the automation architecture for new desktop and mainframe services.
Duties And Responsibilities
- Plans, assigns, monitors, leads, and directs all unit activities, and ensures that all deadlines are met and service level objectives satisfied.
- Conducts regular reviews of the performance of unit staff and provides on-going coaching, feedback, and training as required.
- Prepares and monitors unit budget and operating plan; matches expenses to budget and income recovery; makes contributions to preparing branch budget and operating plan.
- Maintains excellent regular communications with clients, peers and IT senior management; keeps them informed in a timely manner of items appropriate to the unit such as project status, schedule, budget, and relevant issues.
- Understands client missions and business functions; develops and implements client requirements and provides status to Assistant Director.
- Serves as technical expert, developing solutions for complex problems.
- Serves on IT committees and may lead ad hoc task forces; may serve on System and federal agency committees.
- In coordination with Assistant Director, develops requirements for outside contract work; selects contract personnel and monitors performance.
- May conduct internal reviews of unit/branch operations as assigned.
- Maintains an extensive knowledge of evolving automation and computer technologies through professional publications, internal research, and training and conferences.
Position Requirements
FR-27 Minimal Qualifications
Requires a bachelor’s degree preferably in computer science, telecommunications, information systems, accounting, economics, finance or a related discipline and six years of experience or equivalent experience. Technical and analytical skills. Demonstrates comprehensive knowledge of Board and System's automation environment, client business functions, and System use of central and distributed environmental software and series processing. Demonstrates strong technical management experience, and strong knowledge of the technologies and management practices employed by IT and the Board are required. Demonstrates thorough knowledge of own area of responsibility and a comprehensive knowledge of all IT functions, activities, technologies including cost/benefit analyses and SDM. Demonstrates strong leadership in managing professional and technical staff and projects.
FR-28 Minimal Qualifications
Three or more years of experience leading projects preferred.
At the FR-28 grade level, the incumbent must have a bachelor’s degree and eight years of experience and two years of management experience. Requires technical and analytical skills. Demonstrates comprehensive knowledge of the Board and System's automation environment, client business functions, and System use of central and distributed environmental software and series processing. Demonstrates strong technical management experience, and strong knowledge of the technologies and management practices employed by IT and the Board are required. Demonstrates thorough knowledge of own area of responsibility and a comprehensive knowledge of all IT functions, activities, technologies including cost/benefit analyses and SDM. Demonstrates strong leadership in managing professional and technical staff and projects.
FR-29 Minimal Qualifications
At the FR-29 grade level, the incumbent must have a bachelor’s degree and nine years of experience and three years of management experience. Requires technical and analytical skills. Demonstrates comprehensive knowledge of the Board and System's automation environment, client business functions, and System use of central and distributed environmental software and series processing. Demonstrates strong technical management experience, and strong knowledge of the technologies and management practices employed by IT and the Board are required. Demonstrates thorough knowledge of own area of responsibility and a comprehensive knowledge of all IT functions, activities, technologies including cost/benefit analyses and SDM. Demonstrates strong leadership in managing professional and technical staff and projects. Expert in coaching and developing staff.
Remarks
The ideal candidate must demonstrate effective project team and client-business relationship management as well as demonstrated effective relationship management skills for staff at all levels. Strong leadership or management experience in the planning, development, and implementation and support of custom developed applications, collaboration solutions, business solutions, data management solutions, data analysis techniques, and/or strategic plans.
Demonstrated experience in financial data analysis, data collection design, data editing methodologies, and experience working in and leading cross-functional teams with staff at all levels. Excellent written and verbal communication. Innovative thinking, complex problem-solving skills, and ability to transform abstract problems into actionable plans. The ability to work directly with unit staff, project teams, clients at all levels, Interagency staff at all levels, Reserve Bank contacts at all levels, and senior IT management. Demonstrated negotiation skills; decision quality; drive for excellence; analysis; initiative and resourcefulness; ability to learn; technical knowledge; tolerance for stress; leadership ability; ability to develop collaborative relationships; planning, organizing, and controlling skills; and a customer and service orientation.
To successfully execute Statistics function priorities, candidates must also have demonstrated regulatory reporting knowledge, Reserve Bank leadership experience, political savvy, and a strategic mindset.
U.S. citizenship required. Position is located in Washington DC, and on-site presence required.
Primary Location
DC-Washington
Employee Status
Regular
Overtime Status
Exempt
Job Type
Standard
Relocation Provided
Yes
Compensation Grade Low
FR PAY GRADE 27
Compensation Grade High
FR PAY GRADE 29
Minimum Salary
$140,500.00
Maximum Salary
$295,800.00
Posting Date
Mar 12, 2026
Salary : $140,500 - $295,800