Senior IT Project Manager - Credit Risk Management Support Office
Senior IT Project Manager - Credit Risk Management Support Office
Posted on :
11-07-2025
Employer Active
1 Vacancy
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Yearly Salary
$ 132300 - 156500
Vacancy
1 Vacancy
Posted on :
11-07-2025
Job Description
Company
Federal Reserve Bank of ChicagoThe Senior IT Project Manager is in the Credit Risk Management (CRM) business line which manages credit risk arising from Discount Window lending and Master Account management (overdrafts and overall payment system risk).In this role you will support the CRM business vision and strategy by ensuring the CRM portfolio of projects is on track to meet objectives. It is responsible for tracking and reporting on the status of key projects related to the standardization and modernization of CRM business processes and tools across all twelve reserve banks. This includes program management functions such as facilitating program team meetings maintaining comprehensive program reporting tools and managing communication flow among the project team and executive stakeholders including developing coordinating and facilitating program communications. This role will project manage complex projects with many moving parts dependencies and stakeholders.
There will be regular collaboration with IT partners the CRM business line partner enterprise services such as Federal Reserve Financial Services (FRFS) and the Board of Governors. The role supports senior leadership priorities and work has direct visibility at the senior executive level.
Job Description
Leads project and portfolio activities resources and capabilities to ensure project goals are completed on time within budget and with optimum quality.
Support project sponsors and advisors by facilitating strategy discussions to shape the program approach and related communications.
Consults with business and IT partners to strategize plan prioritize and implement projects within designated time and budget constraints.
Manages communication flow upwards and downwards among the project team and executive stakeholders including developing coordinating and facilitating project communications
This position is considered advanced level and performs work of moderate to high complexity under general supervision and may lead some efforts autonomously. This job does not have any direct reports but may lead the work of junior staff.
Your Responsibilities:
- Designs/maintains detailed project plans in coordination with project workstream leads including definition of scope requirements objectives resource allocation budget and task schedules and milestones.
- Consults on use of and adherence to Federal Reserve policies and practices including established project management methodologies and project tracking and reporting tools.
- Identifies and manages cross-workstream intersections and surfaces possible collisions.
- Facilitates program team meetings and development of supporting agendasin collaboration with project leads.
- Manages progress towards key deliverables (reminder e-mails folder locations version cleanliness / readiness and document links).
- Prepares presentations/memos/reports to inform key stakeholders support alignment on the path forward and communicate progress. This could include organizing and developing materials for executive level meetings.
- Develops maintains and facilitates a robust artifact management and governance process with key stakeholders.
Your Background:
Education & Experience
- Bachelors degree in a related field or commensurate specialized training certification or work experience
- 8-10 years of related experience
Knowledge & Skills
- Organizational & Time Management Skills: Demonstrated advanced project and risk management skills including the ability to manage and organize work around multiple priorities resources customers and management. Flexibility to handle fast changing conditions.
- Knowledge: Advanced knowledge as it pertains to project and portfolio management disciplines as well as software applications and methodologies. Experience managing governance approvals and agile application development lifecycles. Knowledge of CRM products data sources supporting solutions and associated business processes is a plus.
- Communications: Excellent organizational and communication skills creativity attention to detail and negotiation skills to develop communications and provide executive-level reporting. Able to present information within all settings in a credible confident and influential manner. Communicates in a concise direct and purposeful way. Ability to build productive business relationships and work collaboratively to effectively manage diverse perspectives of stakeholders.
What we offer:
- Comprehensive benefits package includes medical dental vision prescription drug coverage 401k savings plan retirement plan paid time off transit benefit onsite gym and subsidized cafeteria.
- A continuous learning environment with opportunities to gain new skills and grow your career
- The expected starting salary range for this position is between $132300 and $156500 annually in addition to annual performance-based discretionary bonuses. Final salary and offer are determined by the applicants relevant experience skills internal equity and geographic and other market data.
- The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here: Requirements:
- Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
- This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification criminal history credit history and reaches out to your references and people that know you well.
- As a condition of employment Federal Reserve Bank of Chicago employees must comply with the Banks 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 official if necessary.
- This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties responsibilities and qualifications required of employees assigned to this job. An employees responsibilities tasks and duties might differ from those outlined in the job description and other duties as assigned are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description as business needs require.
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
YesJob Category
Project/Product Management Family GroupWork 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 ( or through verified Federal Reserve Bank social media channels.
Required Experience:
Senior IC
Employment Type
Full-Time
Key Skills
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