Job Description:

Minimum Education

Bachelor's degree or equivalent experience

Minimum Experience

3

Summary

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.

Duties and Responsibilities

• Financial Institution and Policy Analysts perform the following responsibilities under limited 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 institutions


• Consumer and Community Affairs (DCCA): Financial Institution Policy Analysts perform analyses related to consumer-focused supervision, research, and policy analysis across the Federal Reserve System. They may participate in studies or projects which focus on financial institution compliance with consumer protection laws and regulations, identifying risks of and protecting from consumer harm, and providing oversight of and guidance for Reserve Bank consumer-focused supervision. They also prepare memoranda to keep the Board, Division Management, and the System informed on developing trends and issues in consumer protection and community development.


• Monetary Affairs (MA): Financial Institution and Policy Analysts conduct their duties while working with counterparts throughout the Board to execute the Division's responsibilities pertaining to: monetary policy implementation; the tools of monetary policy; money, reserve, and bank credit aggregates; analysis of financial institutions and markets; and Federal Reserve System operations.


• Reserve Bank Operations and Payment Systems (RBOPS): Financial Institution and Policy Analysts identify options, assess trade-offs, measure outcomes, and develop consensus related to moderately complex projects involving Federal Reserve Banks' policies, operations, compliance, and information management; systemically important financial market infrastructures (FMIs); payment, clearance, and settlement (PCS) activities; and the broader financial and payment systems. They regularly collaborate with staff from the Federal Reserve System, other domestic and international authorities, and international standard-setting bodies. Projects include those that ultimately lead to decisions by the Board; Board Committees, notably the Committee on Federal Reserve Bank Affairs (BAC) and the Payments System Policy Advisory Committee (PSPAC); and senior Division and Reserve Banks' management.


• Supervision and Regulation (S&R): Financial Institution and Policy Analysts perform analyses related to banking supervisory or regulatory activities. They may participate in special studies or projects related to financial institution supervision and regulation, and identify problems or potential problems in the banking system or individual banking organizations. They also prepare memoranda to keep the Board, Division Management, and the Division Oversight Committee informed on developing trends and issues in the financial environment.

FR-24 : Bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and 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 : 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 a master's degree in a related field and 3 years of related experience

About the Team

The Supervisory Program Development and Analysis (SPDA) section provides support to the Large and Foreign Banking Organization (LFBO) program and its advisory body, the LFBO Management Group (LFBO MG). The section primarily supports two key functions for LFBO supervision. The first is providing LFBO expertise and input into a variety of regulatory and supervisory policy efforts that impact the LFBO portfolio. The second is supporting the LFBO MG's Risk Coordination Group (RCG) with identifying and monitoring risks that impact LFBO firms, and then ensuring that appropriate analysis and metrics flow into the development of coordinated supervisory activities such as horizontal examinations and coordinated continuous monitoring activities, such as the questionnaire process.

About the Role

In this role, the incumbent should expect to:

• Assist the RCG and Board LFBO Leadership with portfolio data analytics-both for financial and supervisory data sets.
• Complete ad hoc reporting requests
• Engage in other ad hoc requests from stakeholders
• Collaborate and learn from senior staff subject matter experts

Required Skills/Experience

• Intermediate querying and coding skills utilizing SQL, R, etc.
• Demonstrated experience with data visualization and reporting- Power BI or Tableau preferred
• Strong teamwork and collaboration skills
• Flexible and agile, works well with ambiguity
• Demonstrated interest in continuous learning and development
• Familiarity with large bank regulatory data and supervision is a plus

Note: This position is located in Washington DC and will require on-site presence. Current expectation is a minimum of four times per month, but is subject to change based on organizational policy updates and business needs.

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