Federal Reserve Bank - Washington, DC
posted about 1 month ago
Full-time - Mid Level
Washington, DC
Monetary Authorities-Central Bank
About the position
The Financial Institution & Policy Analyst role at the Federal Reserve Bank focuses on overseeing the FedNow Service and other retail payment services. Analysts will conduct in-depth analyses of quantitative and qualitative data, support project tasks, and develop domain expertise while preparing communications and recommendations for stakeholders. The position requires strong analytical skills and the ability to work both independently and collaboratively within a team.
Responsibilities
- Perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives
- Assist senior staff by providing support, information or analysis
- Prepare and deliver clear, accurate and concise communication orally and in writing
- Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders
- Perform assigned project tasks and lead well-defined tasks within a project
- Support Section or Division in areas of expertise
- Begin to develop areas of expertise
- Support in producing charts, graphs, and other visuals to help analyze data
- Help identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data
- Help identify data that can be used to analyze policy
- Participate in and/or lead examinations and/or reviews
- Support and implement supervision and/or oversight policies and programs
- Support in performing analysis of financial, regulatory, and compliance data and information in support of Division/Section's area of responsibility
- Clearly present analyses of financial, regulatory, and compliance data
- Help to interpret and/or implement policy, regulation, and/or guidance
- Participate in drafting policy recommendations supported by logical reasoning and sound analysis
- Help to identify and analyze emerging risks in financial institutions and markets, and/or for consumers and communities
- Apply appropriate risk management frameworks and policies to support oversight of financial institutions
- Perform analyses related to consumer-focused supervision, research, and policy analysis across the Federal Reserve System.
Requirements
- Bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field
- Minimum of 3 years of related experience, or a master's degree in a related field and 1 year of related experience at the FR-24 grade level
- Understanding and familiarity with at least three of the following: microeconomics, project management, enterprise risk management, operational risk management, application of information technology, statistics, product development/pricing theory, payments law and regulations, or retail payment systems
- Strong analytical skills
- Excellent written and oral communication skills
- Ability to work independently and in a team environment
- Capability of effectively managing and prioritizing multiple assigned responsibilities
Nice-to-haves
- Master's degree (MS, MA, MBA, MPA, JD) in finance, economics, public policy, law, or related field preferred
Benefits
- Relocation assistance available
