Director, Data & Analytics at Federal Reserve System in Boston, MA

Job description

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 t