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Federal Reserve System Project Manager - Resurgence Program in Boston, Massachusetts


Federal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

A requirement of this position is that the employee must be fully-vaccinated (1 or 2 shot vaccination) and boosted or qualify for an accommodation from the Bank’s vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.

The Federal Reserve Bank of Boston Resurgence program is the first career reentry program in the Federal Reserve Banking System. It was established in recognition of the strengths and attributes of the pool of mid-career professionals returning from extended leave or “career breaks” taken for a minimum of two years for a range of reasons. We value the career break as a time of enrichment and perspective broadening and are eager to engage with those who want to resume their careers.

The candidate for this position must have taken at least a two-year career break for reasons such as:

  • Starting or raising a family

  • Caring for a family member

  • Taking time after military service

  • Military Spouse

  • Political Office

  • Entrepreneurial ventures

  • Volunteer Work

  • Continuing Education

  • Managing Mental and Physical Health

  • Pursuing a career change

  • Periodic Consulting

  • Adjunct Professor

The program is a paid 16-week program where you will be working in an actual role on a team with supportive teammate mentor/buddies, a manager who has been trained to manage relaunchers and a series of trainings and professional development events to build confidence, create camaraderie and enable you to do your best work. Subject to performance and feedback throughout the program, qualified candidates may be offered full-time employment at the Boston Fed if there is an applicable position

Job Description:

Provides expertise and direction on small to large-scale complex projects. Offers varying levels of project management oversight and directly influences activities on business-critical projects from the conceptual phase through solution implementation and project close. Serves as a single point-of-contact for and interfaces with all areas affected by projects. Uses industry-standard best practices in order to assure delivery of project goals, objectives, milestones and deliverables, as well as compliance with all project management processes. May direct work of matrixed teams.

  • Directs and coordinates complex projects from conceptual phase through implementation, and completion. Works with clients and other resources to define the high-level needs and establish requirements.

  • Develops and maintains the detailed project plans that clearly define the requirements, identify resource needs, establish clear and achievable objectives, balances competing demands to ensure project is completed on time, and is within the approved budget.

  • Collaborate with clients and other resources to identify risk/issues, recommend process improvement and corrective action plans to meet customer requirements.

  • Monitors and evaluates progress and performance against the project plan and coordinates methods to resolve issues and minimize delays.

  • Generates timely and appropriate communications to clients and resources regarding the status of project by preparing detailed status report and coordinating presentations.

  • Ensures that projects comply with the Program and Project Management PPM standard which defines the required actions and controls to plan and deliver successful Federal Reserve technical projects.

  • Perform other duties as assigned.

Knowledge and Experience:

The candidate must live within commutable distance of the Boston Fed.

Bachelor's Degree or equivalent experience with 3 to 5+ years of relevant work experience.

  • Experience with recognized industry techniques and methodologies for project management (SDLC and Agile)

  • Experience with project management tools (such as Clarity PPM) is a plus

  • PMP certification preferred.

  • Knowledge: Progressive knowledge pertaining to concepts and principles in functional area. General knowledge of department/business lines, Reserve Banks, and / or System operations, policies, procedures and technologies.

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

  • Risk Management: The individual is responsible for understanding and applying risk management discipline in decision making and contributing to his or her function’s risk management.

  • Decision Making: Works under direction with infrequent checks; follows established methods and clear-cut policy. Makes decisions when general instructions or established methods indicate action to be taken.

The Federal Reserve Bank of Boston 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.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category

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.

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