Location: Federal Reserve Board
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Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
6
Summary
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.
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
The Service Provider Supervision section provides oversight of critical third-party service providers including development of service provider program processes, examinations of service providers and interacts with the Federal Banking Agencies (OCC and FDIC) for enforcement of the Bank Service Company Act (BSCA). In conjunction with Regulation & Policy they also develop and coordinate critical third-party policy. The section also provides service provider information and perspective to Board leadership and for relevant Board matters, policy matters, high-priority projects, speaking engagements, as needed.
What you will Do
Support the Service Provider Supervision section through
- Service Provider Program development and initiatives
- Collaborate with the Board, Reserve Banks and Federal Banking Agencies on FRS service provider work including interagency workstreams on related policies and processes
- Prepare presentations and briefings for Board and FBA senior leaders
- Collaborate with the Portfolio Coordination Group on service provider examination results
- Assist on international regulator discussion related to service providers
- Contribute to ad-hoc requests from FRB and FBA senior leaders
- Collaborate with the Board Policy section on information technology and service provider related work
- Contribute to work on emerging risks related to service
Preferred Qualifications
A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 6 years of related experience (FR-27); a bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 8 years of related experience (FR-28).
- Subject-matter expertise of IT and or operational risk with understanding of service provider examinations
- Applicable industry certifications, though not required
- Demonstrated excellent decision-making ability
- Strong analytical thinking and attention to detail
- Good written and verbal communication skills, with the ability to summarize complex information clearly
- Collaboration and working in team environment, interpersonal skills
- This position is in Washington, DC and requires an on-site presence.
- Travel: 10%
- A writing sample may be requested.
Job Type
Regular
Job Exempt
Relocation Provided
Yes
Compensation Grade(s)
FR PAY GRADE 27 - FR PAY GRADE 28
Pay
$140,500 - $210,450
Rehabilitation Act
The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call 202-452-3880 or e-mail [email protected].
Equal Opportunity Employer
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Job description provided by Board of Governors of the Federal Reserve System.
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