Financial Institution and Policy Analysts work under limited supervision to conduct in-depth analyses on quantitative and qualitative data. Perform assigned project tasks while demonstrating increased mastery in areas of expertise and may lead projects and reviews. Share information and ideas regarding projects and work for their Project Team, Section, Division, or external stakeholders and may represent the Section or Division on group projects or task forces. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required.
Principal Duties and Responsibilities
Financial Institution and Policy Analysts perform the following responsibilities under limited supervision:
Perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives
Assist senior staff in conducting analyses
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 may lead projects/reviews
Represent the Section or Division on group projects or task forces
Advise within team and Section in areas of expertise
Demonstrate increased mastery in areas of expertise
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:
Produce 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
Participate in and/or lead examinations and reviews
Support and implement supervision and/or oversight policies and programs
Perform analysis of financial data and information in support of Division/Section's area of responsibility
Clearly present analysis of financial/regulatory data
Identify relevant issues and trends and draw conclusions through analysis of financial data
Interpret and/or implement policy, regulation, and/or guidance
Draft policy recommendations supported by logical reasoning and sound analysis
Identify and analyze emerging risks in financial institutions and markets
Apply appropriate risk management frameworks and policies to support oversight of financial institutions
Financial Institution and Policy Analysts perform analyses related to banking supervisory or regulatory activities. They may participate in special studies or projects related to financial institution supervision and regulation, and identify problems or potential problems in the banking system or individual banking organizations. They also prepare memoranda to keep the Board, Division Management, and the Division Oversight Committee informed on developing trends and issues in the financial environment.
A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 3 years of related experience, or a master’s degree in a related field and 2 years of related experience (FR-25) or a minimum of 4 years of related experience, or a master’s degree in a related field and 3 years of related experience (FR-26).
Must be able to fully perform work that requires application of these competencies, in increasingly complex situations:
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; evaluates the impact of changes in law and/or regulations
In addition to the above job description and responsibilities, we are specifically seeking a professional, who has regulatory and/or industry experience with large bank supervision or risk management as well as experience managing projects. This individual will serve on the Large and Foreign Banking Organization (LFBO) Coordinated Portfolio Activity (CPA) team and will support a broad range of supervisory activities focused on both financial and nonfinancial risks facing large financial institutions. This individual will support coordinated activities within LFBO including resolution planning, supporting work of the Risk Coordination Group (RCG) and contribute to supervisory views related to policy and guidance initiatives. As needed, this individual may also support various LFBO coordinated reviews such as the Horizontal Capital Review (HCR), Horizontal Liquidity Review (HLR) Horizontal Cyber Coordinated Review (HCCR).
Full-time telework will not be accommodated.
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.