Sr. Financial Institution & Policy Analyst, Policy Planning and Strategy - Division of Supervision and Regulation at Federal Reserve Board of Governors in Washington, Washington DC

Posted in General Business 15 days ago.

Type: Full-Time





Job Description:

Senior Financial Institution and Policy Analysts work under limited guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the project or team leader for Section, Division, Board, or system initiatives. May also serve as Board liaison or representative in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Act as recognized domain experts within the Division. Some travel is required.

Senior Financial Institution and Policy Analysts perform the following responsibilities with
limited guidance:

  • Lead and perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives
  • Prepare and deliver clear, accurate and concise communication orally and in writing
  • Serve as Board liaisons or representatives in consulting/collaborating with domestic agencies/international authorities/standard-setting bodies
  • Serve as project or team leaders for Section, Division, Board, or system initiatives
  • Provide guidance and mentorship to new or junior staff
  • Contribute to and advise on discussions and analyses across the Board
  • Act as the recognized domain expert within Division
    Senior 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
  • Lead production of charts, graphs, and other visuals to help analyze data
  • Identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data
  • Identify data that can be used to analyze policy
    Examination and Supervision
  • Lead examinations and reviews
  • Implement supervision and/or oversight policies and/or programs
    Financial Analysis
  • Lead analyses 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
  • Identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data
    Policy
  • Interpret and/or implement policy, regulation, and/or guidance
  • Draft and review policy recommendations supported by logical reasoning and sound analysis
    Risk Management
  • 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 institutionsPosition Qualifications: A bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master's degree in a related field and 4 years of related experience (FR-27).

    Must be able to immediately contribute to the success of work requiring the following competencies, and be able to serve as advisors to provide insight in their application:
    Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data
    Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data
    Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks
    Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions
    Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa
    Knowledge of Relevant Policy: The ability changes as needed to policies specific to areas of responsibility
    Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations
    Additional knowledge/skill requirements specific to the Division or Section may be required, and will be identified in the specific job posting.


    The analyst would be a member of the Policy Planning and Strategy (PPS) team that develops the Supervision and Regulation medium- and long-term policy agenda. The PPS section helps the Federal Reserve be better positioned for longer-term developments that could materially affect Supervision and Regulation and Federal Reserve objectives. To achieve its mission, PPS identifies new and important trends that could materially affect S&R and Federal Reserve objectives, analyzes the implications and policy issues, and provides insights and strategies to Federal Reserve staff and leadership.


    Remarks
    The analyst would be a member of small, collaborative, and interdisciplinary team, employing research methods from economics, statistics, political science, and law to examine emerging issues in financial regulation. The team has done work on topics like financial inclusion, climate change, substitutes for banking products and services (e.g., crypto-assets, decentralized finance, and fintech platforms), and the evolution of the banking sector.


    We are looking for a senior analyst who is deeply curious about new trends, can analyze cutting edge financial, technological, and business developments to determine the impact on supervisory objectives, and recommend potential policy responses. Staff could be involved in important domestic and international work on these topics.


    Responsibilities:


  • Identify and analyze emerging trends, regulatory gaps, and changes to the policy environment, in coordination with stakeholders and experts from around the Federal Reserve System.
  • Research, develop, and recommend potential policy changes for the medium and long-term policy agenda.
  • Strategize how to position the Federal Reserve's policy priorities on the internal, interagency, and international policy agenda.
  • Contribute to policy planning projects, including synthesizing existing work on a topic, identifying gaps, performing qualitative and quantitative analysis, and developing potential policy responses.
  • Analyze and prepares written memoranda or research on complex policy issues.

    Requirements:


  • Curiosity and passion for exploring how trends and uncertainties could fundamentally change the economy and financial system.
  • Strong analytical skillset, with proven ability to deeply analyze complex issues.
  • Experience working with autonomy and managing through ambiguity and novel problems.
  • Ability to collaborate, develop rapport and credibility with a variety of stakeholders at the Board and other US financial regulatory agencies.
  • Ability to distill complex information, identify appropriate options or solutions and evaluate potential implications of a given approach.
  • Excellent project management, time management and organizational skills to manage multiple and often conflicting priorities effectively.
  • Perspective, sound judgment, diplomacy, tact.
  • Strong written and verbal communication skills, including an ability to clearly present technical issues to nontechnical audiences.
  • Relevant knowledge regarding finance, financial institutions, bank regulation, and economic trends.
  • Ability to handle confidential information and data.

    Candidates may be asked to provide a writing sample, write a memo in response to a specific prompt, or participate in analytical exercises as part of the interview process.


    Travel: less than 10 to 25%


    "This position will require an on-site presence in Washington, DC."






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