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.
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest. The Federal Reserve