This Role is a 2-Year Assignment

About the Role:

The Credit Risk Analyst I (2-Year Assignment) Role is a two-year position, which will conclude after your second year of employment. Under direct oversight, the Credit Risk Analyst I supports the Discount Window and Collateral functions in the Credit Risk and Reserves Management Department. You will help analyze collateral pledged to the Discount Window by District depository institutions. The Discount Window is the Federal Reserve's facility for extending credit to eligible depository institutions. Under direct oversight, assist with the Payment System Risk and Condition Monitoring functions. May serve in a participant role or assist other participants on System and District projects and workgroups that supports the department's functions. You will report to the Assistant Director, Discount and Credit.

You Will:

• Help with the operation, administration and compliance with Discount Window activities
• Communicate with depository institutions regarding routine Discount Window loan requests and collateral deposit and withdrawal activity
• Help with borrower-in-custody reviews for Discount Window, TT&L and PSR collateral; receive and prepare collateral revaluation data for processing
• Helps establish new borrower-in-custody arrangements under the direct supervision of more experienced staff
• Receive OC-10 Borrowing Documents from depository institutions, reviews for accuracy, and after review by a more senior analyst, enters information into Accounts, Risk, and Credit System
• Helps perform tasks related to Payment System Risk including establishment and renewal of daylight overdraft caps, monitoring intraday credit usage, applying appropriate charges and counseling institutions when daylight overdrafts occur
• Helps perform tasks related to Condition Monitoring under the supervision of more senior staff

• Associates or Bachelor's degree in Finance, Accounting, related field, or equivalent work experience
• One year of experience focused on financial analysis or equivalent credit risk management experience focused on collateral analysis and operations or financial institution analysis
• Working knowledge of general credit, lending, and collateral management principles and practices
• Knowledge of financial institution balance sheet and income statements and the proficiency to summarize them or develop this skill over time
• Strong written and verbal communication skills to assist more senior staff in preparing analyses for management
• Equivalent education and/or experience may be substituted for any of the above requirements

We are dedicated to serving the public by promoting a financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we're creating a workplace where accomplished people can excel, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Our Benefits:

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401K match, and a funded pension plan
• Paid vacation, holidays, and volunteer hours; flexible work environment
• Generously subsidized public transportation and free parking; annual tuition reimbursement
• Professional development programs, training and conferences
• And more...

This position may be filled at multiple levels based on candidate's qualifications as determined by the department.

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.

In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer that believes in the diversity of our people, ideas and experiences, and we are committed to building an inclusive culture that represents the communities we serve.

If you need assistance or an accommodation because of a disability, please notify your Talent Acquisition Consultant.