The posting
Company
Federal Reserve Bank of Boston
The Federal Reserve Bank of Boston is one of the 12 Federal Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. We (the “Boston Fed,” the “Bank”) serve the First Federal Reserve District that includes the six New England states: Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont. With the overarching vision of a vibrant economy that works for all, the Boston Fed promotes sound growth and financial stability in our region and the nation and helps to formulate and implement monetary policy. Our contributions to the First District and the nation are founded on high-quality research and bank supervisory activities, excellence in supporting financial services and financial markets stability, leadership in payments innovation, and an active commitment to supporting economic well-being in communities. The Bank holds several key System roles, including leading the Financial Support Office, which directs financial management for the System, including managing the budget and related technology programs. The Bank develops and leads innovative payments programs. One example is the recently launched FedNowSM Service (“FedNow”), a real-time gross payments settlement system. The Bank also played a central leadership role in the Federal Reserve’s crisis responses during both the Great Financial Crisis (2008) and the global pandemic (2020). The Bank is a thought leader and innovator in numerous areas, including financial stability, monetary policy, and community development.
The position will be primarily on-site with residency commutable to our Boston office required.
Mission
The Data & Analytics (D&A) department at the Federal Reserve Bank of Boston (FRBB) enables a data‑centric culture across the organization, accelerating time to insight and action by providing targeted analytical expertise, reliable data practices, and scalable solutions.
Role Summary
Reporting to the FRBB CFO, the Director leads a high‑performing team responsible for delivering self‑service analytics, high‑quality applied analytics, and modern data infrastructure. This leader sets vision and architecture; builds a multi‑year roadmap; strengthens the team’s capacity; and operates an engagement model with functional domains across the FRBB. The role is highly cross‑functional and requires strong executive communication and the ability to translate business goals into actionable technical solutions.
Principal Accountabilities
Strategy & Architecture
- Define the D&A vision aligned to Bank priorities; develop and maintain a multi‑year roadmap across organizations, demonstrating benefits of using data to answer business questions quantitatively.
- Establish architectural standards, data quality principles, and fit‑for‑purpose technology choices.
- Set and govern reusable patterns for data pipelines, models, and visualizations.
- Incorporate responsible use of ML/NLP and emerging AI capabilities to improve decision support.
Stakeholder Engagement
- Learn what stakeholders need; ask questions in order to learn enough about businesses to find how data can help answer questions/influence direction.
- Represent D&A to executive leadership with regular progress updates and outcome‑focused narratives.
- Drive strategic planning meetings and engage stakeholders to clarify business requirements and translate them into deliverables with measurable impact.
- Present insights and recommendations to Management Council and Executive Committee as needed.
Delivery & Analytics
- Oversee delivery of solutions that encompass reliable data pipelines and curated datasets supporting descriptive, diagnostic, and predictive analyses.
- Ensure visualizations and decision support tools are accurate, performant, and designed for self‑service.
- Establish SLAs, monitoring, and incident management for data products and platforms.
- Drive prioritization and sequencing across the portfolio to maximize stakeholder value.
Governance & Data Management
- Work with and partner with data and technology peers across the Federal Reserve System.
- Partner with Data Strategy leaders to advance data stewardship, cataloging, and metadata practices.
- Champion policy compliance (security, privacy, records retention) and audit readiness—including structured end‑of‑life data transfer when solutions are decommissioned.
- Participate in and influence data‑centric communities of practice and governance forums.
People Leadership
- Recruit, develop, and retain high‑performing talent; set clear goals, operating procedures, and growth plans.
- Mentor staff on coding standards, statistical methods, product reviews, and best practices.
- Foster an inclusive, learning‑oriented culture; manage vendor and third‑party partnerships.
Risk & Controls
- Identify and mitigate operational risks across pipelines, models, and reporting (including single‑point‑of‑failure risks).
- Maintain documentation, version control, and business continuity for critical data assets.
Knowledge and Experience
- Bachelor’s degree required; Master’s in a quantitative field (e.g., mathematics, statistics, computer science, data science/analytics) preferred.
- 10+ years in data/analytics, including leading multidisciplinary teams.
- 5+ years of people leadership with demonstrated ability to attract and develop talent.
- Advanced proficiency with Python or R; SQL; and modern visualization tools (e.g., Tableau, Power BI).
- Hands‑on experience with cloud data services (AWS or Azure), data modeling, and modern ELT/ETL tooling.
- Working knowledge of ML/AI techniques and their responsible application.
- Exceptional written and verbal communication with strong executive presence.
- Experience developing departmental strategies and technical roadmaps and driving change across complex organizations.
Other
Performs other duties as assigned.
The salary range for this position is $165,600 - 248,400. The Boston Fed believes in salary transparency. The final salary and offer will be determined by the applicant’s background, skills, internal equity, and alignment with market data. Whether you’re developing into the job or are a more seasoned candidate, we aim to pay competitively.
All employees assigned to this position 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. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills 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.
The Federal Reserve System is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position 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.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills 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.
For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks.
The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.
All applicants must have resided in the United States for at least three (3) years
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Data Analytics 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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