Data Analyst at Federal Reserve Bank (FRB) in St. Louis, Missouri

Job Description:

The St Louis Fed is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas. The St. Louis Fed's responsibilities include promoting stable prices, economic growth and a sound financial system, providing payment services to financial institutions, supporting the U.S. Treasury's financial operations, and advancing economic education, community development and fair access to credit.

Overview

We are looking for a Fair Lending and CRA Analyst for our Consumer Affairs unit which ensures member banks' compliance with consumer protection laws and Community Reinvestment Act performance. As our Data Analyst, you will report to a Manager and conduct and distribute analyses to the Consumer Affairs Unit. Your work contributes to scoping and performing consumer compliance and CRA examinations. Additionally, to support your professional advancement, we provide the Examiner Commissioning Program to assist you in achieving your professional goals. Click here for more information.

The percentage of overnight travel for this position is approximately 15% or 30 days per year. The St Louis Fed diligently works to provide a positive Work / Life Balance through flexible scheduling, a flexible or compressed work schedule and periodic work from home options.

Responsibilities

• Produce and maintain demographic and economic data tools that obtain data from different sources, including the U.S. Census Bureau, the Bureau of Labor Statistics, Federal Deposit Insurance Corporation, Federal Financial Institution Examination Council (HMDA data), and related economic agencies.
• Develop methods for automating and streamlining processes for data retrieval and analysis using programming logic and script writing.
• Employ preexisting internal data analysis software tools to produce reports and maps that depict banks' lending patterns and performance within their defined markets.
• Conduct fair lending risk assessments of member banks. This includes identifying potential risk associated with underwriting and pricing of loans and lending patterns indicative of redlining risk.
• Supply examiners with relevant data regarding a banking market's demographics, business conditions, and competition levels to support the scoping process before examinations.
• Be the contact for consumer compliance-related data and mapping-related questions from examiners, management, and other departments.
• Present data to different stakeholders through internal memoranda, tables, graphs, and maps.
• Participate in self-lead consumer compliance examiner curriculum.

Qualifications

• Bachelor's degree in a related field with coursework in any of the following; Applied Statistics, Informatics, Geography, Urban Planning, Public Policy, GIS. Commensurate experience will be considered.
• 2 years direct experience with data analysis, visualization, or interpretation
• Some experience using Microsoft Excel and at least one of the following tools: Microsoft Access, SAS, R, Stata, SQL, VBA, or python.
• Written communication and presentation skills and comfort explaining data and statistical topics to different audiences.
• Critical-thinking skills with the ability to identify patterns and trends and spot new issues.
• Organization skills and can prioritize and plan work
• Travel (15%)
• US Citizenship or lawful permanent resident intending to become a citizen who meets certain other requirements.

Benefits

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

• Pension plan, 401K, Comprehensive Insurance Plans, Tuition Reimbursement Program, Onsite Wellness & Fitness Center, Backup Dependent Care (Child & Adult), and more

Ranked as the #2 Top Workplace in the St. Louis Region in 2020, the Federal Reserve Bank of St Louis is committed to building an inclusive workplace, where employees' diversity-in age, gender, race and ethnicity, sexual orientation, gender identity or expression, disability, and cultural traditions, religion, life experiences, education and socioeconomic backgrounds-are recognized as a strength. Embracing our diversity encourages employees to bring their valued perspectives to the table when generating ideas and solving problems and promotes an environment where innovation and excellence grow. Learn more about the Bank and its culture; check out our Careers Site .

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.

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 a 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.

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