Assistant Vice President cure Payments

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The preferred location for this role would be Boston, MA or Chicago, IL.

Job Summary:

The Assistant Vice President of Secure Payments is an executive level position in the Federal Reserve System with responsibility for the successful execution of Strategy 3 of the (SThis individual will lead and/or participate in initiatives intended to reduce fraud and/or advance the safety, security and resiliency of the payments system. These activities are part of a broader set of activities designed to improve the speed, security and efficiency of the U.S. payments system. The Assistant Vice President is accountable to the Senior Vice President of Secure Payments.

Principal Duties and Responsibilities:

Working with the senior vice president and other members of management, responsible for the design, development and implementation of key elements of the Federal Reservetrategy for payment security, to reduce fraud risk and advance the safety, security and resiliency of the U.S. payments system.

Provides support to the Secure Payments Task Force so that it achieves established objectives effectively and efficiently.

Establishes and maintains management structures, feedback loops, and accountabilities to effectively deliver results on secure payments team objectives.

Facilitates dialogue with, and obtains/incorporates feedback from the Task force on designated work products.

Collaborates with Secure Payments team members, consultants and other Federal Reserve System entities to ensure plans are strategically developed and successfully executed.

Collaborates with the Secure Payments leadership team and Program Management Office staff, to ensure security strategy and tactics are appropriately integrated with the other elements of the payments improvement initiative.

Leads and/or participates in documenting the findings/recommendations of the secure payments work effort(s).

Provides updates on progress, risks, and challenges to various Federal Reserve System governance groups, as directed.

Ensures team leverages program management best practices and documents specific project artifacts / deliverables.

Provides coaching and development to staff.

Education and Experience:

Bacheloregree or an equivalent combination of education and/or technical training

10 plus years of related information security risk management experience within the payments industry

Proven experience working and leading in a highly complex, geographically diverse, and matrixed organization

Proven experience taking responsibility, delivering results, and implementing large programs and projects on time and within budget

Understanding of Federal Reserveole in the payment system and strong knowledge of a broad array of US/ international payment systems, market activity and trends, key stakeholders and documented future direction for payment systems

Experience managing consulting/vendor engagement

Knowledge and Skills:

Strong people leadership skills

Demonstrated strong program management skills

Strong verbal and interpersonal communication skills

Builds strong relationships with a variety of stakeholders

Demonstrates active listening abilities

Strong negotiation skills

Strong written communication skills; able to craft communication for a variety of stakeholders

Strong presentation and meeting facilitation skills

Demonstrated capacity for continuous development and strong leadership with demonstrated ability to challenge and influence others

Ability to analyze complex information and arrive at sound/defensible conclusions, effectively manage/complete open-ended assignments and make solid business judgments

Good organizational skills; sound business judgment; initiative; flexibility; and ability to work effectively with limited supervision in a fast-changing environment

Champion of change; ability to effectively lead the implementation of new ideas

Strong problem solving skills with ability to get to root cause of business needs

Familiar with current and emerging technologies and trends within the evolving payments landscape

Awareness of payment fraud issues, trends, contributory factors and mitigation

Comfortable with ambiguity

Equally at ease within technical and business domains

Strong people leadership skills

Other Requirements:

20-30% travel

Position Location:

Preferred position location is Boston, MA or Chicago, IL but open for highly qualified candidates.

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.