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Project Director-Risk and Compliance

Federal Reserve System
Posted 2 days ago, valid for 11 days
Location

Minneapolis, MN, US

Salary

$110,200 - $165,300 per year

Contract type

Full Time

Retirement Plan
Paid Time Off

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Sonic Summary

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  • The Federal Reserve Bank of Minneapolis is seeking a Project Director for its Risk and Compliance Team, requiring a Bachelor's degree and at least six years of relevant experience.
  • The role involves leading complex projects with minimal supervision, ensuring timely completion and adherence to quality standards while collaborating with various teams.
  • The expected starting salary for this position ranges from $110,200 to $137,775, depending on qualifications and experience.
  • Candidates should have a strong foundation in risk and compliance, project management experience, and the ability to communicate effectively with senior management.
  • This full-time position requires regular on-site presence and does not sponsor employment visas.

Company

Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis invites applications for a Project Director for our Risk and Compliance Team.

As a Project Director within this Risk and Compliance scope, you will be responsible for leading, participating in, and conducting advanced analytic tasks for projects that have multifunctional or broad organizational impact. Your work supports both Bank and System initiatives. The Risk and Compliance Project Director collaborate closely with the leadership team and is instrumental in advancing leadership initiatives, ensuring that bank-wide projects assigned to Risk and Compliance are completed efficiently and within set timelines.

This position requires a regular on-site presence. This position does not sponsor any type of employment visas.

Applications will be accepted through September 3, 2026.

Responsibilities:

  • Independently oversee large-scale, complex Bank and Federal Reserve System (FRS) projects with minimal supervision, ensuring timely completion and adherence to quality standards.

  • Work on complex issues requiring in-depth evaluation of variable factors.

  • Lead Bank and System work groups and takes on a leadership role in special projects and programs that have significant business impact.

  • Manage communications, facilitate meetings and conference calls, and coordinate work activities across teams.

  • Maintain a high level of knowledge of operational and internal policies, providing advanced application and operational expertise.

  • Synthesize pertinent information gathered from business lines and present recommendations to management. May lead the implementation of solutions.

  • Plan and prioritize objectives, initiatives, and resources to ensure deadlines and expectations are met. Prepare reports, proposals, strategic plans, and other documentation for senior management review in support of proposed solutions and recommendations.

  • Analyze and evaluate business needs, assesses risks and expected benefits, and recommend technical, procedural, and policy solutions.

Required Qualifications:

  • Bachelor's degree and a minimum of six (6) years of operations, financial analysis, and project management experience.

  • Strong foundation and depth of knowledge in risk and compliance, with preference for experience in the Federal Reserve System and familiarity with various business lines and operations.

  • Current, strong project management experience is required.

  • Experience in communicating and presenting recommendations to senior management and collaborating with multiple levels of staff.

  • Experience in addressing risks and contingencies as part of planning and decision-making processes.

  • Experience in navigating ambiguity and managing relationships across multiple levels and departments.

  • Demonstrated ability to think and act strategically and manage multiple priorities effectively.

  • Preferred: Project management certification.

Additional Information:

Full Salary for Project Director Job Profile: $110,200 - $137,775- $165,300. The expected starting salary range is $110,200- $137,775. 

Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.   

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

  • Comprehensive healthcare options (Medical, Dental, and Vision)

  • 401(k) match, and a fully funded pension plan

  • Paid time off and holidays

  • Free public transportation passes

  • Annual educational assistance

  • On-site fitness facility

  • Professional development programs, training and conferences

  • And more…

The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons, and we work together to pursue an economy that works for all of us. 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Project/Product Management Family Group

Work 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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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