Fin Inst Policy Analyst II, Market & Liquidity Risk - Division of Supervision and Regulation - 22874

  • Federal Reserve Board
  • Washington, District of Columbia
  • Mar 21, 2022
Full time Financial Financial Analyst Finance

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 titutions

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 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).

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 responsiblity; evaluate the impact of changes in law and/or regulations

Remarks:
• Familiarity with general banking or finance concepts, particularly as it relates to risk management strategies in the areas of Credit and Market & Liquidity Risks.  
• Ability to capture/manipulate/analyze data and conduct data analysis as directed. Experience with Excel, data visualization, R/Python, SQL, or BI tools is preferred.
• Ability to learn new concepts quickly, apply critical thinking to identify new trends, uncover and synthesize connections, extract actionable insights, and communicate findings.
• Strong communication skills, including the ability to switch between addressing highly technical points with other analysts vs. providing clear, high-level explanations verbally and in writing for decision makers
• Ability to jump in on new assignments quickly, ask meaningful questions, demonstrate intellectual curiosity, resourcefulness, and good judgment. Ability to work independently and self-disciplined on assignments

Full vaccination for COVID-19 is required as a condition of employment, unless a legally required exception applies.

Full-time telework will not be accommodated.

Due to restrictions associated with the Covid-19 pandemic, travel expectations for this role have reduced significantly. The long-term travel requirements for this position are currently under review.