Reckitt

Reckitt

Director of Foreign Exchange and Global Rates

New York, NY, USA · Director · Part-time

Sponsorship not specified$236k-$400kDetected 27 days ago
AccessibilityLeadershipCommunicationCollaborationMentoring

About the role

  • Company Federal Reserve Bank of New York When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation.
  • The Director of Foreign Exchange and Global Rates (FXGR) is a member of the DIM Senior Leadership team and provides leadership and management to the FXGR D irectorate.
  • The FXGR business line is composed of two staff units, across two physical locations, and has a combination of policy-relevant operational and analytical responsibilities.

Responsibilities

  • Direct a high-performing team of managers, specialists, and analysts engaged in foreign exchange operations, FX swap transactions and analysis of international financial markets and policy developments that meets the needs of stakeholders at the FRBNY, Board of Governors, and U.S. Treasury Department in support of monetary policy and financial stability objectives;
  • Provide strong leadership which cultivates a professional workplace environment that promotes inclusiveness, fosters collaboration, and supports open and transparent communication with an emphasis on talent management to attract, develop, and retain top talent;
  • Direct the alignment of resources with the long-term Markets Group strategic plan and work with the DIM senior leadership team to develop and execute DIM's strategy. Align the FXGR strategic plan with DIM's long run goals and oversee its implementation.
  • Collaborate with first, second, and third line partners to ensure the readiness, resiliency and effectiveness of operational tools for the range of market operations conducted within the Directorate;
  • Lead the team's experts in delivering high-quality, policy-relevant analysis of developments in foreign exchange, international money and capital markets, and economic policy developments to directly support the Bank's contributions to the Federal Reserve System's monetary policy and financial stability objectives;
  • Represent the Bank externally in interactions with private sector counterparties and the FXC to further develop the Bank's understanding of policy-relevant global financial market issues and to maintain robust engagements with operational counterparties.
  • Represent the Bank in international meetings and maintain relationships with senior representatives from other central banks on relevant policy issues pertaining to FXGR responsibilities.
  • Strong business judgment, proactive leadership, and a strategic orientation to lead a high performing team
  • Keen self-awareness and high emotional intelligence, including the ability to build trust in a variety of relationships through candor, reliability, and authenticity, and the capacity to embrace and draw from various perspectives in an inclusive way to improve the quality of outcomes;
  • Strong analytical, written and oral communication skills, including the ability to synthesize and transform complex issues and data into meaningful and actionable information for decision-makers, and the ability to lead others in this work;

Requirements

  • When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation.
  • Relevant work experience with a demonstrated interest in financial markets and central bank policy implementation.
  • Substantial knowledge of financial instruments, market structure, macroeconomic theory and monetary policy;
  • Excellent demonstrated leadership and decision-making skills with the ability to oversee highly visible, time sensitive and consequential financial market operations;
  • Demonstrated ability to provide constructive and timely coaching and feedback on performance, strengths, and areas of development
  • Approximately 20% travel required.

Skills

  • $208000 - $352000 / year
  • This salary range reflects a variety of skills and experiences candidates may bring to the job.
  • Educational assistance, career development tools, and stretch opportunities

Compensation

  • New York: $236400 - $400000 / year
  • Chicago: $208000 - $352000 / year
  • We believe in transparency at the New York Fed.
  • This salary range reflects a variety of skills and experiences candidates may bring to the job.
  • We pay individuals along this range based on their unique backgrounds.
  • Whether you're stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

Benefits

  • Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
  • Our programs and benefits are designed to support you through all your life stages:
  • Learning & Growing: Educational assistance, career development tools, and stretch opportunities
  • Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program
  • Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
  • Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center

Company info

  • driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system.
  • At the Bank, we work full-time onsite with our teams.
  • We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.
  • Our Unique Work:
  • The Domestic and International Markets (DIM) Function within the Markets Group executes transactions in the open market on behalf of the Federal Reserve System, the U.S. Treasury Department, and foreign official customers, and conducts detailed analysis of financial market developments in support of the Federal Reserve's monetary policy and financial stability decision-making process.
  • On the operational side, FXGR is responsible for executing U.S. foreign exchange policy operations, foreign exchange customer transactions, and managing central bank liquidity swap lines with a number of foreign central banks.
  • On the analytical side, FXGR is responsible for producing high quality, timely, and policy-relevant analysis of foreign exchange, international money and capital markets, and policy developments in jurisdictions throughout the globe for relevant stakeholders across the Federal Reserve System and U.S. Treasury Department.
  • The FXGR directorate also oversees the management of the Foreign Exchange Committee (FXC) secretariat.
  • The FXC is an industry group sponsored by the Federal Reserve Bank of New York and supports the integrity, efficiency, and resiliency of the global FX market.
  • How You'll Make an Impact as the Director of Foreign Exchange and Global Rates:
  • Provide strategic leadership of and manage the foreign exchange operations, central bank liquidity swap lines and analysis of foreign financial market and policy developments.
  • People management responsibilities:

Equal opportunity

  • We value accessibility for all candidates and are happy to provide an accommodation or assistance.
  • Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process.

Visa & Work Authorization

  • citizen when eligible

This listing is sourced directly from Reckitt's careers page and normalized into a canonical job model.