Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems. It is a challenge that demands the skills of a financial service professional and the intelligence of an academic-all combined with a passion for public service.

What we do:
The Markets Group of the Federal Reserve Bank of New York implements monetary policy on behalf of the Federal Reserve System and acts as fiscal agent for the U.S. Treasury. The Treasury Markets (TM) Directorate is responsible for monitoring and executing transactions in the U.S. government securities market.

The Liquidity and Market Structure staff, in addition to contributing to the daily implementation of Treasury market operations, has both analytical and operational responsibilities related to the liquidity and structure of the Treasury Market. It conducts extensive analytical work on fixed-income markets, with a particular focus on Treasury bills, FRNs, STRIPS, futures, specials, and liquidity and market functioning. On the operational front, the LMS team is responsible for Treasury purchases, Rollovers, Securities Lending, Customer Trades and Treasury Buyback operations.

The Liquidity and Market Structure staff is looking for Treasury Markets Associate. You will produce in-depth analysis on domestic interest rate markets and play a key role in the staff's operational responsibilities.

Your role as Treasury Markets Associate:

• Analyze and report on developments in the Treasury market, relating to expectations for monetary policy, inflation, and the effects of fiscal policy decisions;
• Prepare written and verbal briefings for senior policy makers on fixed-income markets and monetary policy;
• Help design and execute open market operations in the Treasury market;
• Execute Treasury purchases, rollovers, SOMA securities lending and trades for CBIAS customers;
• Write analytical and operational FOMC intermeeting updates on the Treasury market and present content to staff at the Board of Governors;
• Develop relationships with market participants to obtain market intelligence and context for financial market developments, including primary dealers and buy-side investors;
• Contribute to the Group's broader efforts to monitor financial markets globally for the FOMC and the Treasury, through the coordination of daily written briefings and conference calls and market overview reports.

• Bachelor's degree in business, finance, economics, public policy, or related field;
• 7 + years of relevant experience including knowledge of financial instruments, market structure, macroeconomic theory, and monetary policy;
• Experience trading Treasuries or related products is a plus;
• Experience analyzing complex data sets using statistical software such as Tableau, STATA, R, and Matlab.

Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:

• Fully paid Pension plan and 401k with Generous Match
• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
• Subsidized Public Transportation Program
• Tuition Assistance Program
• Onsite Fitness & Wellness Center
• Flexible Work Arrangements
• And more

Please note that the 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 permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.

In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.