Massachusetts Jobs

Company

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 trust, and leadership.

This job is eligible for a hybrid schedule with some on-site work expected. The individual is excepted to reside in the 1st District.

We offer an enviable employee value proposition: in compensation; a comprehensive benefits package; a fully-funded pension plan and a 401k match, as well as tuition reimbursement and free membership in our state-of-the-art onsite fitness facility.

The Federal Reserve Bank of Boston is looking for a Diversity Supplier Manager. This position serves an integral role both internally and externally for the Bank. The Diversity Supplier Manager is responsible for creating the strategic direction and executing the tactical aspects of the diversity supplier program. The preferred candidate will build strong internal and external networks. These networks will aid the position’s ability to act as a conduit between the Bank’s pool of diverse suppliers and the Bank’s internal departments. The position will work with organizations to expand the Bank’s diverse supplier network, educate supplier on the opportunities at the bank, and help to support and connect the suppliers with community resources. Identify Bank-wide contracting and purchasing opportunities to ensure that diverse businesses have the opportunity to bid competitively. The Diversity Supplier Manager will work closely with procurement management and Bank staff regarding these opportunities.

Data analysis is a large part of this position. This includes the compilation of data, analysis of the Bank’s spend and the ability to report the data. This includes compiling and understanding the department's expense budget variances and overall Bank’s budget. The manager will complete special projects, analyses and surveys assigned by management.

As part of leadership in the Office of Diversity, Equity and Inclusion they will create trainings and programs and give presentations and informational seminars in support of the department’s diverse supplier goals. The position will also act as a strong advocate for diverse suppliers seeking to do business with the Bank. The position will also work on system-wide collaboration and projects in support of the Federal Reserve Systems goals.

Stay aware of and review federal, state, and local government legislation and programs, and advise management of their impact on the Federal Reserve. Work on DEI programming and projects in support of the ODEI including the creation of internal and external Supplier Diversity programs and events. Perform other duties as assigned.

Bachelor’s degree or equivalent and a minimum of 5 years of job-related experience.

The ideal candidate has strong experience in relationship building and strong written and verbal communication skills. A history of collaborative work and networking are prerequisites. Knowledge of Federal Reserve system services, policies, practices, and procedures including, but not limited to, budgeting and supplier diversity programs is preferred. Excellent interpersonal skills and ability to effectively interact with multiple levels of Reserve Bank management and staff. Excellent organizational and time management skills.

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

Regular

Job Exempt (Yes / No)

Yes

Job Category

Supervisory/Management

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.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.