Location: Federal Reserve Board
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Summary
No Job Description Available
Reporting to the Oversight Governor, who chairs the Committee on Federal Reserve Bank Affairs (BAC), the director of the Board’s Division of Reserve Bank Operations and Payment Systems (RBOPS) is the Board’s senior officer responsible for oversight of the operations of the Federal Reserve Banks; supervision of systemically important financial market infrastructures (FMIs); issuance of U.S. currency; development of regulations and policies governing payment, clearing, and settlement systems; collaboration with other central banks and market regulators on international standards to promote the safety and efficiency of payment, clearance, and settlement systems globally; fostering, together with the Reserve Banks in their role as payments system operators, improvements to the speed, efficiency, and safety of the U.S. payments system; and research on payment and settlement matters.
The director has leadership and management responsibility for an entire division and its annual budget. The director also provides strategic direction and leadership to the division’s officers and managers. The director is responsible for advancing the division’s mission and formulating and meeting the division’s annual priorities as determined in consultation with the division’s Oversight Governor.
Job description provided by Board of Governors of the Federal Reserve System.
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