Sr Fin Inst Policy Analyst I, Policy Development - Division of Supervision and Regulation - 23227

DESCRIPTION/RESPONSIBILITIES:
Senior Financial Institution and Policy Analysts work under regular guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the primary contributor and may lead projects and teams and often represent the Section or Division on projects and task forces. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders.

The Policy Development team in the Division of Supervision & Regulation is responsible for developing and implementing policies relating to financial institution supervision and regulation, consistent with statutory requirements and Board priorities and in collaboration with key internal and external stakeholders. Examples of the team’s work include rulemakings, guidance, rule interpretations, and briefing materials for governors and other senior officials involving matters such as capital, liquidity, resolution, and other areas of the bank regulatory framework.

In this role, the incumbent should expect to:
• Conduct qualitative and quantitative analysis in support of policy development
• Interpret regulations and guidance relating to banking organizations of various sizes
• Draft or contribute to written policy materials and communications materials on regulatory and supervisory policy matters
• Engage, coordinate, and collaborate with stakeholders within the Federal Reserve, with other U.S. financial regulatory agencies, and with international counterparts

REQUIRED SKILLS:
FR-26:
• Bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 4 years of related experience

OR
• Master’s degree in a related field and a minimum of 3 years of related experience

FR- 26:
• Bachelor's Degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience

OR
• Master's degree in a related field and a minimum of 4 years of related experience

Senior Financial Institution and Policy Analysts must be able to immediately contribute to the success of work requiring the following competencies and be able to serve as an advisor to provide insight in their application:
• 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
• 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

The ideal candidate will have a proven record of:
• Ability to conduct analysis and writing in support of policy development and to understand and interpret regulations and guidance for banking organizations of various sizes
• Strong critical thinking, problem-solving, and analytical skills.
• Strong written and oral communication skills.
• Ability to learn, digest, and engage in new topics. Candidate feels comfortable working in unfamiliar territory and delving into new topics, issues, and challenges.
• Intellectual curiosity and interest in financial institution regulatory and policy issues.
• Flexibility to manage competing priorities efficiently and to complete tasks under tight deadlines.
• Ability to distill complex information and identify appropriate options or solutions for decision makers.
• Ability to incorporate feedback effectively and efficiently.
• Strong attention to detail, thoroughness, organization, timeliness, sound judgment, resourcefulness, and creativity.

Additional qualifications for grade FR-27 only:
• Ability to manage and successfully complete multiple and/or complex projects simultaneously, keeping management and senior leadership apprised of developments and areas of disagreement.
• Ability to provide day-to-day guidance to junior staff and facilitate their learning and development.
• Exhibit leadership, make appropriate decisions, and can work across stakeholders to accomplish key project objectives or outcomes.

Experience or knowledge in finance, capital markets, or banking is desirable. Advanced degree in business, law, public policy, or related fields is desirable.

Notes:
• Travel required: 5-10%.
• The interview process may include a writing exercise.
• This position will require an on-site presence in Washington, DC.