Company

Federal Reserve Bank of New York

Working 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.



The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do:

At the Federal Reserve Bank of New York (NY Fed), we are committed to simplifying the way we operate to fulfill our Mission and realize our Vision of anticipating, adapting and acting in a fast-changing world. As part of the Bank’s Simplify Strategic Priority to streamline processes and practices, we are looking for a highly motivated and results-oriented person to join our team.

The Business Process Improvement Lead will gain broad exposure to the Bank’s operations, while offering opportunities to develop cutting-edge skills in automation and artificial intelligence. The candidate will work with a variety of Senior Leaders and Process Owners across the organization to analyze existing and design new workflows that enhance the efficiency and resiliency of the Bank’s processes. If you’re passionate about creating exceptional processes and driving transformation, we want to hear from you.

This role report to the Chief Product Owner of Business Process Simplification and Automation in the Executive Office.

Your role as Business Process Improvement Lead:

Leads process improvement initiatives through the disciplined use of measurements and analysis; Partners with the Bank to identify best practices, metrics, and tools; promotes adoption of existing process standards.

Core Responsibilities

• Leads the review of processes and systems to identify gaps to current process intent and identify continuous improvement opportunities.
• Selects, collects, and analyzes data to find root causes of performance issues; identifies trends and process variations that lead to continuous improvement opportunities.
• Creates and maintains process maps, SOPs, and other solution design documentation; ensures maintenance of processes and supports annual reviews and attestations of process owners.
• Designs and develops process improvement solutions.
• Delivers projects that provide quantifiable, statistically significant, and sustainable business process performance improvements.
• Performs change management activities including developing and deliver training and communications to support transition of improvement project changes.
• Maintains and communicates project plan progress, issues, and risks.
• Creates metrics to track benefits of improvement implementations; develops dashboards and tools to monitor progress of key results, key performance indicators, and service levels within a project portfolio.
• Summarizes analysis to report on key improvement opportunities to use for future state solution design.

What we are looking for:

• Foundational experience in leading process improvement initiatives including conducting workshops and stakeholder interviews
• Facility with process mapping tools such as Visio, Blueworks or equivalent
• Six sigma green or black belt preferred
• Strong communication skills with experience developing executive level presentations

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Project Management Family

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.

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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