Jr. Data Scientist at Federal Reserve Bank (FRB) in Chicago, Illinois

Job Description:

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 an academic-all combined with a passion for public service.

What we do:

The Markets Group at the Federal Reserve Bank of New York implements monetary policy on behalf of the Federal Reserve System (FRS) and acts as fiscal agent for the U.S. Treasury Department. As part of these responsibilities, the Markets Group executes transactions in the open market and conducts detailed analysis of financial market developments to support monetary policy and financial stability decision-making processes.

The International Markets (IM) unit provides analysis of foreign financial market and policy developments for the Federal Reserve System. It also has operational responsibilities, including conducting U.S. foreign exchange policy operations and customer transactions, managing the U.S. foreign exchange reserves, and managing central bank liquidity swap lines.

Your role as an International Markets Data Analyst:

• You will report to the head of the International Money and Capital Markets Desk, and will:
  
  
  • Lead projects that enhance IM's data capabilities and visualizations, including improving existing dashboards and assuring tools are well-designed and documented;
  • Work with IM staff to look for and exploit new data sets, serving as a liaison with colleagues across the FRS engaged in data management and manipulation;
  • Assist senior staff members with projects related to both operations and market analysis, focusing on data manipulation;
  • Participate in the broad range of operations that take place within the IM unit as noted above.
  
  

• Undergraduate degree in economics, finance, statistics, computer science, mathematics, data science, or a related discipline;
• 3+years of work experience;
• Experience managing and manipulating large datasets across a range of data sources and databases, Tableau, or other visualization software;
• Knowledge of some of the following tools or similar software: Python, SQL, Tableau, VBA, R;.

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

In addition, all candidates who do not currently possess a Level 2 clearance or higher 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.