Job Description:

Company

Federal Reserve Bank of Kansas City

As a part of the nation's central bank, the Federal Reserve Bank supports a stable financial system. We work across diverse communities throughout our region and nation to foster understanding in our economy, the payments system, and financial institutions for people from all walks of life.

Together, we serve the public and each other in an innovative environment that values the highest ethical standards. Here you'll find support to develop, united in a clear and common purpose with a diverse team.

About the Division
The Federal Reserve Bank of Kansas City has supervisory and regulatory authority over a wide range of banking institutions and activities within the Tenth Federal Reserve District. The Supervision Risk Management (SRM) division plays an integral role in implementing and supporting effective monetary policy and financial stability to 10th District institutions.

As a Credit, Payments & Reserves Analyst in the Credit, Reserves and Risk Management (CRRM) Department, you will directly contribute to the trust and confidence in the nation’s financial system through challenging work assignments and rewarding professional experiences.

CRRM tracks the financial condition of all district institutions and places restrictions on those that pose certain risk to the safety of the financial system, provides credit to district institutions through fully collateralized discount window loans, supports the System's payments system risk policy, and facilitates the implementation of monetary policy through reserve account administration.

Location
Candidates must be able to live in Kansas City or one of our branch offices in Denver, Omaha, or Oklahoma City. Our associates do enjoy a great deal of work from home flexibility but must routinely work from the office.

Key Activities: 

• Facilitate surveillance of district institutions, the extension of credit, and reviews of collateral pledged.


• Respond to inquiries regarding regulatory applications or proposals and resolves problem situations such as policy violations, account management issues, or collateral deficiencies.


• Participate on department or System assignments by providing commentary on regulatory or industry issues, testing automated systems, analyzing data, and evaluating recommendations and implementation plans.


• May participate or lead work groups to discuss risk management, credit risk, and payment industry trends; summarizing and escalating insights as appropriate.


• May participate in local and System testing to validate application access and functionality align with business requirements and overall business line needs.


• Understand the financial condition of different types of institutions and how their condition relates to departmental responsibilities.


• Enhance knowledge of related legal documentation and regulatory and financial requirements necessary to protect the Bank. 

What We Look For:

• Personal initiative, time management, organizational, and customer service skills.


• Ability to utilize a variety of analytical techniques to solve problems and reach conclusions.


• Written and verbal communication skills.


• Interpersonal skills and great team member

Qualifications: 

• Bachelor’s degree in Business, Finance, Accounting, or closely related field or equivalent combination of education and related work experience.


• Operational/regulatory banking and financial analysis experience preferred.


• Understanding of the payments system preferred.

This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take up to a couple of months to be completed. You can begin work before the screening is completed; however, continued employment is contingent on acceptable screening results. The areas screened may include education/employment verification, criminal history, credit history, and reference checks.

In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes. 

 

In addition, all candidates must undergo applicable background screening 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.

                                                                                                   

We offer benefits that go beyond the basics, featuring: 

·       Market-leading Medical, Dental, and Vision Insurance

·      Competitive Compensation

·       Flexible Work Environment

·       401k/Thrift Plan

·       Tuition Reimbursement

·       Professional Development Opportunities

·       401k/Thrift Plan

·       Pension Plan

·       Flexible Spending Accounts

·       Life Insurance

·       Vacation & Personal Time

·       Paid Holidays

·       Parental Leave

·       Adoption Assistance

·       Onsite Fitness Center

·       Onsite Cafeteria

·       Free Parking

·       Additional Convenience Benefits, Discounts and More…

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Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Analytical

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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Salary: $64,700.00

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