Business Architect, Federal Reserve Financial Services FRFS BDG (Retail)

$160,000- $200,100

Full Time

    Job Description

    The Richmond Fed is the proud home of the Federal Reserve's National IT organization-a nationwide team delivering technology solutions and support across the Federal Reserve System. Many National IT employees are located in Richmond, while others are based across the U.S. at other Federal locations.

    When you join our team, you'll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better. Bring your passion and we'll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth. It's all part of what makes #MyRichmondFed a great place to work!

    About the Opportunity

    The Federal Reserve Financial Services (FRFS) BDG has an immediate opening for an Enterprise Architect, FRFS BDG (Architect-SP1) . Reporting to the National IT Associate Vice President of Architecture, the FRFS BDG Enterprise/Business Architect will partner with the FRFS Retail Product Office and other FRFS business lines to translate business goals into IT capabilities that service partners can deliver as technical solutions. With an eye towards the future, Enterprise Architects also help ensure the technical integrity of IT strategic plans and roadmaps. SP1s drive technical performance for major programs and System-wide initiatives. This role is an exciting opportunity for a business-minded architect to help shape technologies of national and international significance and impact.

    The Retail Product Office within FRFS has oversight responsibilities for Check and ACH processing. The FRFS sets the strategic direction for these services, coordinates projects impacting the services and their customers, and ensures that retail operating sites meet service level agreements for resiliency and performance.

    Principal Duties and Responsibilities:
    • Ensures alignment of strategic plans with technology roadmaps and that strategic plans and solutions are designed and implemented to align with technology roadmaps.
    • Accountable for partnership with Retail, FRFS and FRS IT service providers for the delivery of business line and IT technology strategies and roadmaps. Builds strong relationships and partnerships with customers and FRS IT service providers and application developers by providing specialized expertise on complex technology and payment industry issues, educating senior management on technology architecture direction, implementation strategies, and application to enterprise business solutions.
    • Creates effective solutions to problems of unusual complexity requiring high degree of innovation. Sets strategic technology direction and influences enterprise-wide planning. Researches and identifies best practice methods and emerging technologies, assessing potential value to the organization.
    • Communicates effectively with business and technical leadership on various issues. Through effective communication with customers and FRS IT service providers and forums, develops complex and significant technical architectures to support and align with business lines, system capabilities, and technology strategies, goals and objectives.
    • Identifies cross-business and enterprise-wide opportunities for common technology solutions.
    • Engages with key stakeholders, industry experts, and technical peers to understand technology and business requirements, industry trends and the broader FRS architecture landscape. Using this information, develops and maintains the technical architecture direction and roadmap for the business line they support.
    • Maintains a strong understanding of the current landscape of their business line and proactively leads the analysis of the current technology environment to detect deficiencies, gaps, and opportunities. Works with leadership to prioritize, initiate and implement technology efforts aimed at addressing these opportunities.
    • Recommends technology investments based on a strong understanding of industry trends and business needs. Develops safe and effective approaches to adopt or migrate to these technologies.
    • Acts as a coach and mentor for technical resources across the FRS.
    • Performs other duties as assigned.

    • Experience leading architecture for a business line within a larger organization or at the enterprise level
    • Experience in the development and operation of IT products and platforms that support financial services
    • Ten (10) or more years of IT architecture, system / software design and development, systems lifecycle management, infrastructure planning and operations in a highly complex enterprise IT environment.
    • Seven (7) or more years of progressive management or leadership experience with responsibility for leading highly technical staff and cross-functional or matrixed teams within large, complex mission-critical systems with complex network requirements, or the equivalent required.
    • Strategic planning skills and experience, and a proven track record of increasing business value through appropriate technology innovation
    • Hands on experience with cloud services and the planning, development, migration, and integration of applications and services from on-premises infrastructure to cloud-based Container-as-a-Service and Infrastructure-as-a-Service services in either Microsoft Azure or Amazon Web Services.
    • Experience with modern software development practices and architectures such as DevOps, micro-services architecture, and APIs
    • Leadership ability with a proven record of successfully driving change, setting priorities, driving performance, and executing plans on schedule within a defined multifaceted structure.
    • Strong communication skills, including outstanding presentation and persuasion capabilities, including the ability to effectively convey complex, sensitive issues and communicate to a variety of audiences including technical staff, peers, as well as senior management, and oversight bodies
    • Expertise in relationship management and an ability to manage stakeholder expectations through clear and transparent communications
    • Able to build consensus, build followership with business line owners, drive change and firmly advance solid solutions, while maintaining flexibility and adaptability.
    • Demonstrates mutual respect, embraces diversity, and acts with authenticity
    • Good judgment, ability to manage cross functional teams, influence others to accomplish set goals, and organize resources.

    Discover the Reason Why So Many People Love It Here!
    • When you join Federal Reserve's National IT organization, not only will you find a challenging and purposeful career, you'll also have access to a wide range of benefits and perks that support your health and wealth, including:
    • Great medical benefits
    • Pension and 401(k) with employer match
    • Paid time off
    • Tuition reimbursement
    • Employee resource networks
    • Paid volunteer leave
    • Flexible work options
    • Onsite amenities that make working here fun!

    Other Requirements and Considerations:
    • Candidates should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
    • If you need assistance or an accommodation due to a disability, please notify r .
    • Key Point Mod: Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship or three or more years of Permanent Resident (Green Card) status.
    • Salary (Richmond, VA) range for this position is $160,000- $200,100, For candidates outside of the Richmond, VA area, the listed hiring and salary ranges may be adjusted based on your geographic location.
    • Applications are reviewed on a rolling basis with the position open until filled.

    Full Time / Part Time
    Full time

    Regular / Temporary

    Job Exempt (Yes / No)

    Job Category
    Information Technology

    Work Shift
    First (United States of America)

    The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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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