Head of Domestic & International Markets (Personal Services)
Company
Federal Reserve Bank of New YorkWorking at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.What we do:
The Markets Group of the Federal Reserve Bank of New York implements monetary policy, collects market intelligence, and analyzes financial market developments on behalf of the Federal Reserve System, executes lender of last resort operations for depository institutions in the Second District, provides payments and custody services to foreign central banks, and acts as fiscal agent for the U.S. Treasury.
The Federal Reserve Bank of New York (FRBNY) seeks a dynamic and experienced senior leader to lead mission-critical operations as the Head of Domestic & International Markets (D&IM) function. D&IM is responsible for the implementation of domestic open market and foreign currency operations, reference rate production, and transacting on behalf of foreign and international monetary authorities. Additionally, D&IM monitors and analyzes global financial markets to inform the formulation and implementation of monetary and financial stability policy. D&IM also supports work on market structure and function in policy-relevant markets through sponsorship of industry groups and via forums with official sector partners.
Reporting directly to the Head of the Markets Group, you will work collaboratively with other leaders and stakeholders across the Bank, Federal Reserve System, and US Department of the Treasury as a broad and influential thought leader.
Your role as Head of Domestic & International Markets:
Lead and develop a high-performing team of managers and subject–matter experts that support critical activities, including but not limited to the effective execution of monetary policy and foreign exchange operations.
Provide inspiring leadership to cultivate a professional workplace environment that promotes open dialogue and debate, fosters collaboration, leverages diverse perspectives and expertise, and supports open and transparent communication.
Provide thought leadership regarding policy relevant themes and identify strategic issues for analytical and policy focus, informing and impacting policy development and implementation.
Promote a solid risk culture, ensuring business operations are well controlled, documented, and aligned with FRBNY, System and US Treasury policies.
Foster a nimble culture of continuous improvement, promoting innovative thinking in execution of operations and analysis.
Collaborate closely with internal and external leaders across various business lines, institutions, and agencies to support strategic decision-making that considers risk, policy, and operations.
What we are looking for:
Experience successfully managing large initiatives and operations with a strong foundation in banking and financial services as well as directing high-performing, diverse teams of subject matter experts and people leaders.
Demonstrated leadership and depth of experience on issues related to policy-relevant financial markets, including from an analytical, operational, and policy perspectives. High aptitude and foresight to anticipate business issues.
Effectively partner and manage ongoing relationships with senior leaders across a broad range of internal and external stakeholders to develop, implement, and sustain strategic solutions that support the operational, analytical, and policy-driven framework.
Exceptional communication skills with the ability to distill complex issues succinctly and accessibly, navigate multiple viewpoints and garner support for new business initiatives and strategies.
Experience in directing the alignment of resources in support of the long-term strategic plan for the business and the Group.
Strong commitment to public service and the mission of the Bank, complemented by intellectual curiosity and a desire to engage deeply with complex economic and policy issues that impact the financial system and global economy.
Salary Range: $375000 - $440000 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you're stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
Application Deadline: Friday, July 25th, 2025
Applicants are kindly requested to include a letter of interest along with their application.
Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
Fully paid Pension plan and 401k with Generous Match
Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
Subsidized Public Transportation Program
Tuition Assistance Program
Onsite Fitness & Wellness Center
Executive Benefits
And more
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.
We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we'll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
This position requires access to Treasury sensitive information. Access to Treasury information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3).
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
YesJob Category
Markets Family GroupWork Shift
First (United States of America)The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
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