Sr./Lead Financial Institution & Policy Analyst- Reserve Bank Oversight- DCCA

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

About the Role

The Reserve Bank Oversight function promotes effective consumer compliance supervision by overseeing Reserve Bank implementation of the Board’s programs and policies for supervising and enforcing federal consumer protection statutes and regulations.

Analysts will be expected to

Support, review, and evaluate Reserve Bank performance in implementing the Board’s consumer compliance supervision policies and procedures

Lead projects related to consumer compliance supervision and regulations, which may require substantial data and information gathering and analysis

Present work results to Board and Reserve Bank officials, as well as other regulatory agencies.

FR-27: A bachelor’s degree in finance, accounting, economics, business administration or public policy or another related field or an equivalent experience and a minimum of six years of work experience in consumer compliance, such as within the financial services industry or a bank regulatory agency.

Must be able to immediately contribute to the success of responsibilities outlined and serve as an advisor to others.

FR-28: A bachelor’s degree in finance, accounting, economics, business administration or public policy or another related field or an equivalent experience and a minimum of eight years of work experience in consumer compliance, such as within the financial services industry or a bank regulatory agency.

Must demonstrate expertise in the responsibilities outlined and be capable of leading and teaching others.

Required Skills/Experience

Must have consumer compliance banking experience

Possess extensive knowledge of consumer banking laws and regulations and consumer banking practices and operations, including, but not limited to, the Community Reinvestment Act, the Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, the Fair Housing Act, Unfair or Deceptive Acts or Practices, Home Mortgage Disclosure Act, Biggert-Waters Act, the Truth in Savings Act, and the Privacy Act.

Knowledge of existing procedures, rules, and policies of the Federal Reserve System and of the other financial regulators is strongly preferred.

Experience dealing with consumer affairs and other banking matters and knowledge of Federal Reserve consumer compliance programs is strongly preferred

Ability to work independently and produce products requiring minimal change or revision.

Demonstrate the initiative, sound judgment, and knowledge necessary to identify, analyze, and resolve complex and unique consumer compliance and regulatory matters, producing related written work products, with limited direction.

Excellent analytical, interpersonal, and oral and written communications skills

Notes

• This position requires an onsite presence at our offices in Washington, D.C.
• Some domestic travel is required- approximately 2-4x a year.
• A writing sample may be required.

Job Type

Regular

Job Exempt

Relocation Provided

Yes

Compensation Grade(s)

FR PAY GRADE 27 - FR PAY GRADE 28

Pay

$140,500-$210,500

Rehabilitation Act

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Equal Opportunity Employer

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.

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