Assistant Vice President yment Security & Fraud

Job Summary

The Assistant Vice President of Secure Payments is an information and cyber security executive with responsibility for the successful execution of programs and strategies aligned to Strategy 3 of the Federal Reserve Systemtrategies for Improving the U.S. Payments System (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 cybersecurity and fraud expertise to the Secure Payments Team so that it achieves established objectives effectively and efficiently.

· Actively researches and maintains technical cybersecurity and fraud expertise and incorporates these into tangible strategies and topics for the Secure Payments Team.

· Collaborates with Secure Payments team members, consultants and other Federal Reserve System entities to interpret and operationalize cybersecurity, information security, and fraud trends.

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

· 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 industry participants in designated work products.

· 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

· 10 plus years of related information security, cybersecurity, or risk management experience within the payments or financial services industry.

· Proven experience working and leading a team of security/fraud experts in a highly complex, geographically diverse, and matrixed organization

· History of successfully taking on responsibility, delivering results, and implementing large programs and projects, specifically focused on information security or fraud.

· 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 engagements

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

Knowledge and Skills

· Advanced information security or cybersecurity 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

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