Financial Institution & Policy Analyst, Data Governance - Division of Supervision and Regulation - 23032

  • Federal Reserve Board
  • Washington, District of Columbia
  • May 18, 2022
Full time Financial Analyst

Job Description

DESCRIPTION/RESPONSIBILITIES:
Financial Institution and Policy Analysts work under regular supervision to conduct in-depth analyses on quantitative and qualitative data. Perform assigned project tasks while developing domain expertise and may lead well-defined tasks within a project. Share information and ideas regarding projects and work primarily for their Project Team, Section, or Division. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required.

Financial Institution and Policy Analysts perform the following responsibilities under regular supervision:
• 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

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
• Supports in producing charts, graphs, and other visuals to help analyze data
• Helps identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Helps identify data that can be used to analyze policy Examination and Supervision
• Participate in and/or lead examinations and/or reviews
• Support and implement supervision and/or oversight policies and programs Financial Analysis
• Supports 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
• Helps identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data Policy
• Helps to interpret and/or implement policy, regulation, and/or guidance
• Participate in drafting policy recommendations supported by logical reasoning and sound analysis Risk Management
• Helps 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

REQUIRED SKILLS:
Position Qualifications: A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 2 years of related experience, or a master’s degree in a related field and 1 year of related experience (FR-24) or 3 years of related experience, or a master's degree in a related field and 2 years of related experience (FR-25).

Must be able to perform basic or developmental level work in activities involving these competencies, and must be capable of demonstrating them after receiving specific instructions and guidance:

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. Additional knowledge/skill requirements specific to the Division or Section may be required, and be identified in the specific job posting.

Remarks:
Financial Institution & Policy Analysts conduct in-depth analyses to develop and implement policies and procedures governing data needed to conduct prudent policymaking, effective supervision, and risk mitigation. A successful Financial Institution & Policy Analyst in the Data Governance section of the Division of Supervision and Regulation has:
• Strong analytical and problem-solving skills
• Strong learning skills and tenacity when facing complex and/or unfamiliar challenges
• Strong collaboration skills and an overall drive for excellence
• Basic programming skills and/or strong Excel skills
• General knowledge about supervision and regulation, including how supervisors use data to support their work
• General knowledge of regulatory reporting requirements for financial institutions
• General knowledge of data governance topics such as stewardship and metadata
• Strong written and oral communication skills with demonstrated experience presenting complex information to internal and external audiences at both a general and executive level
• Strong diplomacy skills for determining options that best balance competing priorities

A writing sample may be requested.