Job Description
Senior Financial Institution and Policy Analysts work under limited guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the project or team leader for Section, Division, Board, or system initiatives. May also serve as Board liaison or representative in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Act as recognized domain experts within the Division. Some travel is required.
Principal Duties and Responsibilities
Senior Financial Institution and Policy Analysts perform the following responsibilities with limited
guidance:
- Lead and perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives
- Prepare and deliver clear, accurate and concise communication orally and in writing
- Serve as Board liaisons or representatives in consulting/collaborating with domestic agencies/international authorities/standard-setting bodies
- Serve as project or team leaders for Section, Division, Board, or system initiatives
- Provide guidance and mentorship to new or junior staff
- Contribute to and advise on discussions and analyses across the Board
- Act as the recognized domain expert within Division
Senior Financial Institution and Policy Analysts at the Federal Reserve Board may play many roles related to their jobs. They are responsible for a combination of the following roles:
Data Analysis
- Lead production of charts, graphs, and other visuals to help analyze data
- Identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data
- Identify data that can be used to analyze policy
Examination and Supervision
- Lead examinations and reviews
- Implement supervision and/or oversight policies and/or programs Financial Analysis
- Lead analyses 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
- Identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data
Policy
- Interpret and/or implement policy, regulation, and/or guidance
- Draft and review policy recommendations supported by logical reasoning and sound analysis
Risk Management
- 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
Position Requirements
A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master’s degree in a related field and 4 years of related experience.
Must be able to immediately contribute to the success of work requiring the following competencies, and be able to serve as advisors to provide insight in their application:
Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data
Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data
Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks
Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions
Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa
Knowledge of Relevant Policy: The ability to interpret, apply and recommend changes as needed to policies specific to areas of responsibility
Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations
Remarks
The Coordinated Portfolio Activities section oversees and coordinates portfolio-wide horizontal examinations the supervision of large and foreign banking organizations (LFBOs). The selected candidates will be responsible for collaborating with Federal Reserve Board and Federal Reserve System supervision staff to lead horizontal reviews for the LFBO portfolio (including design, execution, analysis and presentation of examination results for the LFBOs that the Federal Reserve supervises).
The successful candidates will also contribute to relevant policy development. There are two positions available through this posting: one position will focus primarily on horizontal examinations related to capital planning (including financial risks such as credit), and the second position will focus primarily on horizontal examinations related to non-financial risks (including third-party risk management, operational risk, or compliance).
The ideal candidate will have:
- bank examination experience, commissioned examiner preferred
- governance, internal controls, and risk management assessment skills
- excellent organizational skills
- outstanding verbal and written communication skills
- a proven ability to collaborate well with key stakeholders at all levels of the organization
Travel: 10-20%
Writing sample may be requested.
This position will require an on-site presence in Washington, DC, in a hybrid working environment.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.