Company

Federal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We dedicate more than $1 billion to technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, on, and more. All brought together in a flexible work environment where you can truly find balance.

Job Summary:

You will be part of the team responsible for defining and prioritizing a team’s backlog while ensuring translation of the Product Manager’s vision and outcomes into stories. The Product Owner has an important role in quality and directs members of the team in completing the worked defined in the sprint. Work with business stakeholders, product managers, and technical teams to understand, analyze, refine, prioritize, and communicate needs to ensure full understanding of product scope, goals, and requirements. Develop and adapt the product vision, writing new user stories, and is empowered to “accept” completed stories.

The Product Owner for Digital Workplace Security Operations is a member of the Security & Compliance product team and defines and prioritizes the team’s backlog while ensuring that stories and outcomes are consistent with the Product Manager’s vision. You will help manage the core voice system including its connectivity to district and National IT services and applications. 

You will communicate with other National IT organizations and participate in large, complex internal information security related projects. The product owner manages a backlog of important requests and ongoing work while determining the criticality and priority or incoming work. You will work independently and consult with the area Lead to provide cohesive messaging among Endpoint product groups. Anticipate internal and external challenges and regulatory issues; recommend process, product, or service improvements. Solve unique and complex problems that have a broad impact on the business. Contribute to the development of functional strategy. Lead and consults with product teams to achieve milestones and objectives.

What You Will Do:

• Articulate the vision to delivery team, outlining and prioritizing work based on business value.

• Coordinate implementation of products and service solutions and enhancements.

• Prioritize product backlog based on overall strategy and our goals and works with the Scrum Master to drive sprint and release plans.

• Build and maintain relationships with stakeholders by assessing, evaluating, and understanding the business and product needs and requirements.

• Primary liaison between stakeholders and teams to ensure full understanding of product scope, objectives, requirements and dependencies.

• Oversee all stages of development, including planning, refining, reviewing and sprint.

• Important participant in retrospectives to improve team processes.

What You Have:

Education and Experience:

• Bachelor's Degree or equivalent experience with a minimum of 6 years of relevant work experience.

• Product Owner certification preferred.

Knowledge

• Knowledge: Comprehensive knowledge of concepts and principles in functional area, including Agile methodologies and Product Management disciplines.

• Experience with Microsoft security technologies, such as Defender, Intune, and Purview.

• Translate high-level requirements into stories and outcomes.

• General knowledge of department/businesses, Reserve Banks, and System operations, policies, procedures, and technologies.

• Communications: Excellent interpersonal, negotiation, creativity, attention to detail, and oral and written communications skills tailored for the intended audience.

• Risk Management: You are responsible for understanding and applying risk management discipline in decision-making and contributing to your function’s risk management.

• Decision-making: Works under the direction and guidance in planning details of procedures and methods to attain definite objectives.

• Makes decisions within established or widely accepted standards.

• Achieve assigned/planned results by actions based on professional methods, training, and practical experience.

Other Requirements:

• Working Conditions: Will require the use of standard office equipment such as computers, phones, photocopiers.

• Hours of Work: May require extended work hours. Occasional travel including overnight stays may be necessary.

Physical Requirements:

Requires some degree of sitting (for prolonged periods of time), standing, lifting carrying, pushing, pulling less than 20 lbs.

The salary grade (https://www.philadelphiafed.org/-/media/frbp/assets/institutional/careers/frbp-salary-structure.pdf) for this position is: Grade 16. Final salary and offer will be determined by the applicant’s background, experience, and skills, and internal equity and alignment with market data.

We offer a great benefits package that features:

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period

• 401k/Thrift Plan with generous employer match

• Employer-funded Pension Plan

• Paid Vacation/Sick Time & Holidays

• Monthly $100 Commuter Allowance

• Flexible Spending Accounts and Healthcare Spending Accounts

• Flexible Work Schedule available in most departments

• Life Insurance and Long Term Disability Insurance

• Tuition Reimbursement (undergraduate and graduate)

• Parental Leave

• Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities

• Onsite Cafeteria & Coffee Shop

• Additional Convenience Benefits, Discounts and More…

Additional Information:

• The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.

• We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees.

• We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment.

• All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the Bank's Employee Code of Conduct (https://www.philadelphiafed.org/-/media/frbp/assets/institutional/careers/Full-Code-of-Conduct-with-Appendices-A-and-B.pdf) to ensure compliance with conflict of interest rules and personal investment restrictions.

• Background investigations and drug testing are required for all new hires as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be screened for the presence of marijuana. Employment may not begin until the Bank accepts the results of the background investigation.

• Due to the nature of the information you will have access to, we require that you also complete a more in-depth enhanced background screening (Peraton moderate).

• All employees 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.

• This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents must sign a declaration of intent to become a U.S. citizen when eligible to do so and pursue a path to citizenship. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a permanent resident and a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo an applicable background check and comply with all applicable information handling rules.

• The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities 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.

• This is a fully remote opportunity.

• Learn more about (https://www.philadelphiafed.org/about-us) the Philly Fed and its culture. Learn more about working (https://www.philadelphiafed.org/careers) for the Philly Fed.

#LI-Remote

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

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.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.