DescriptionI. JOB SPECIFIC DUTIES AND RESPONSIBILITIES: Reporting to the deputy director of Operations, the deputy associate director will serve as the financial officer overseeing budget and financial management for the Supervision & Regulation (S&R) division. The officer has oversight for budget and financial management for the Federal Reserve Supervision function within the Federal Reserve System. The officer is an important member of the S&R leadership team and serves a critical role in the development, prioritization and execution of business strategy and ensuring the financial well-being of the organization. The incumbent will serve as a catalyst for driving business transformation, link strategic objectives with the financial goals of the business and leverage both financial and business data to advance the mission and contribute to strategic and operational decision making. The officer has direct responsibility for the division’s financial planning & procurement, and business intelligence and reporting sections. Duties for this role include the following:1. Engages with senior leadership on strategic and financial planning, risk management, policy, and compliance matters; navigates complex data and provides analytics and predictive scenarios that drive action and decision making; provides an independent perspective to ensure that business decisions are grounded in solid financial criteria. 2. Oversees the development and approval of System Supervision function and division budgets and staffing plans; provides transparent, timely, and relevant information to the division, the Board’s Division of Financial Management and the System Supervision function regarding all financial matters, business processes, and administrative practices.3. Provides executive management oversight for financial planning functions in the division, including business and financial analytics, accounts payable, financial control, travel administration, and procurement.4. Prepares and/or leads analyses and forecasts; designs and reviews operational, accounting, and management reports; proposes new approaches and analyses to meet evolving financial and operational issues. 5. Develops and administers fiscal policies based on sound financial management practices and consistent with effective financial, accounting, and financial stewardship principles.6. Initiates development and use of best-practice policies, standard operating procedures, and tools to ensure strong and well-controlled operations management, cross-team communication, and workflow.7. Acts as a key finance/accounting leader with a strategic mindset that anticipates and plans for the future.8. Acts as both leader and collaborator with the capacity to bring together cross-functional leaders in a way that fosters collaboration and innovation.9. Responsible for the financial management of both long and short-range planning while building scalable systems and processes.10. Performs talent management functions such as hiring, staff development, performance appraisals, and other personnel actions.11. This position will require the successful completion of a Board Tier 4 background investigation.II. DIVISION SPECIFIC REQUIREMENTS:Demonstrated expertise and leadership experience in the expectations of S&R officers: • Actively contribute to leadership of the Division as a whole and in a manner that has positive impact with respect to tone and substance beyond the specific program or sections for which we are responsible—help, guide, influence, impact, and work beyond your particular scope/focus;• Create an environment that seeks divergent views, foster diversity, equity and inclusion, and perspectives to promote constant process improvement;• Lead and support the professional growth of all employees and help develop next-generation leaders;• Leverage diverse talents and positively impact culture and staff engagement;• Coordinate with and maintain strong working relationships with numerous stakeholders, including Board staff, Reserve Bank management, and colleagues at other supervisory agencies;• Achieve results in ambiguous situations by being adaptive and resilient, holding people accountable for agreed-upon results, managing for performance, and demonstrating professionalism and thoroughness by moving issues and projects to closure;• Work on complex issues where analysis of situations and data requires an in-depth evaluation of variable factors;• Leverage personal credibility, background, experience, and judgment to be influential with internal and external audiences; • Be able to demonstrate strong project management and execution capabilities, analytical skills, political savvy, and conflict mediation skills; and • Manage all realms of performance effectively by setting clear expectations, assessing and differentiating performance, providing candid, continuous, two-way conversations with relevant feedback, and recognizing achievements.This position is located in Washington DC. Relocation assistance is available. Employees are expected to spend a minimum of 4 days per month onsite, subject to change. Relocation assistance is available.III. KNOWLEDGE/SKILL/EDUCATION REQUIREMENTS: Assistant Director, Financial Management and Business Intelligence1) Degree in Accounting, Finance, Business Administration or a related field or equivalent experience. Advanced degree or equivalent experience preferred. 2) Five or more years of experience in at least one of the following fields: Financial management, financial accounting practices/GAAP, reporting financial techniques and industry trends.3) Three or more years of experience in leading people, including setting strategy, establishing aligned performance expectations, providing clear and actionable feedback, and developing people.4) Experience working in a financial regulator or financial institution preferred.5) Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills. 6) Demonstrated experience and commitment to fostering collaboration and employee engagement.7) Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations. 8) Ability to balance competing interests among a variety of clients and readily readjust priorities to respond to pressing and changing client demands. Must be able to anticipate and meet the clients’ needs while maintaining high-quality end products. 9) Exceptional organization savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams, diminishing organizational silos, strengthening teams, and facilitating effective group and team dynamics. 10) Requires the ability to communicate effectively, both orally and in writing, with all levels of staff and management. Deputy Associate Director, Financial Management and Business Intelligence1) Degree in Accounting, Finance, Business Administration Finance, or a related field or equivalent experience. Advanced degree or equivalent experience preferred. 2) Five or more years of experience in at least one of the following fields: Financial management, financial accounting practices/GAAP, reporting financial techniques and industry trends 3) Five or more years of experience in leading people, including setting strategy, establishing aligned performance expectations, providing clear and actionable feedback, and developing people. 4) Three years of officer experience or officer equivalent experience, such as executive leadership responsibility.5) Experience working in a financial regulator or financial institution preferred.6) Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills. 7) Demonstrated experience and commitment to fostering collaboration and employee engagement.8) Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations. 9) Ability to balance competing interests among a variety of clients and readily readjust priorities to respond to pressing and changing client demands. Must be able to anticipate and meet the clients’ needs while maintaining high-quality end products. 10) Exceptional organizational savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams, diminishing organizational silos, strengthening teams, and facilitating effective group and team dynamics 11) Requires the ability to communicate effectively, both orally and in writing, with all levels of staff and management. IV. OFFICER SPECIFIC POSITION RESPONSIBILITIES: 1) Acts as responsible steward to the function(s), Division, and Board by demonstrating proficiency in the Board’s espoused competencies.2) Balances and mitigates key organizational and functional risks where appropriate, and develops and executes sustainable risk mitigation strategies.3) Fosters a continuous learning culture.4) Exercises appropriate judgment and decision-making in complex situations.5) Demonstrates innovation and thought leadership relevant to future-state organizational and functional people strategies.6) Demonstrates strong leadership and management skills aligned to the Board’s espoused values.7) Keeps skills and knowledge current and aligned to best practices relative to key rules, regulations, and policies, as well as economic, political, and social trends that affect the organization. Understands near-term and long-term needs for the organization and determines how operations should be positioned to meet such needs.8) Demonstrates proficiency in political savvy, organizational savvy, and interpersonal communication skills. V. BOARD COMPETENCIES:1) Decision Quality: Makes timely, thoughtful, strategic decisions2) Learning Agility: Takes responsibility for building organizational agility 3) Drive for Excellence: Delivers results by developing shared vision and direction for the organization 4) Perspective and Strategic Agility: Leads and acts with the future in mind5) Collaborative Relationships: Sets the tone for collaborative organization6) Effective Communication: Effectively speaks and acts on behalf of the BoardVI. PERSONAL RELATIONSHIPS:1) Has regular contact with all staff in the function(s) to stay connected to the pulse of the division, provide leadership, and act as a role model.2) Has frequent contact with senior staff and other professionals in the division, elsewhere at the Board, and the Reserve Banks regarding matters pertaining to area(s) of responsibility.3) Has frequent contact with members of the Board, both in discussions and through memoranda, regarding matters pertaining to area(s) of responsibility.4) Has frequent contact with individuals from other federal agencies, international organizations, and in the private sector regarding the subject matters in area(s) of responsibilities.VII. INTERNAL MANAGEMENT RESPONSIBILITIES:1) Provides guidance, coaching, and feedback to, and conducts performance reviews for managers and other direct reports, and ensures same is provided to all function staff.2) Responsible for accomplishing approved program objectives for area(s) of responsibility within the financial and personnel resources allocated by the Board and the division's senior management. 3) Participates in the development of the division’s strategic plan, goals, and budget. Recommends program objectives and their priorities for area(s) of responsibility.4) Recommends personnel actions involving promotions, reclassifications, merit increases, and reassignments or separations in area(s) of responsibility. VIII. POSITION DEMANDS:1) Ability to exercise independent and sound judgment in establishing objectives for assigned area(s) of responsibility that provide support and services for the divisions and Board’s missions. 2) Ability to translate customer service and organizational development theories and best practices into effective strategies for adoption in area(s) of responsibility to achieve and maintain high levels of customer service.3) Ability to communicate effectively, both orally and in writing, to the Board and individual members thereof, senior Board staff, other Board and Reserve Bank staff: and staff at other government agencies and in the private sector on complex and technical matters.4) Ability to be an effective spokesperson and advocate for the Board and the division in outside contacts, which may involve significant business dealings. 5) Ability to operate under pressure to meet deadlines accurately and in a timely manner.Job Type: StandardEmployee Status: Regular