Financial Institution & Policy Analyst, Money Market Analysis - MA at Federal Reserve Board of Governors in Washington, Washington DC

Job Description:

Minimum Education

Bachelor's degree or equivalent experience

Minimum Experience

1

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. 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 regular supervision:
• Perform quantitative and/or qualitative analysis 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
• Perform assigned project tasks
• 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, 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 analysis 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
• 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.

About the Team & Role

In the Money Market Analysis (MMA) section, the Financial Institution and Policy Analysts support the implementation of monetary policy through monitoring and analysis of money market conditions and the Federal Reserve's balance sheet. Most of the incumbent's time will be spent working in the following three areas: (1) analyzing and projecting the Federal Reserve's balance sheet; (2) analyzing developments in money markets; and (3) analyzing and projecting issuance of Treasury securities and Treasury's cash balances held at the Federal Reserve. This work involves contributions to a range of products for policymakers such as reports and memos to the Federal Open Market Committee, briefings for the Board of Governors, and public reports. These responsibilities require a well-developed understanding of financial markets and data. Analysts work closely with team members from various job families, including economists, technologists, and research assistants, to accomplish section objectives.

Qualifications

• Sound knowledge of economic principles, financial institutions, and markets normally acquired through practical experience and/or the completion of an academic degree program in economics or finance (or related field) is required. Knowledge of money markets is preferred.
• Professional experience in financial or statistical analysis is required. Familiarity with analytical software programs is preferred with knowledge of R, Stata, or similar programs particularly useful.
• Effective communication skills, both oral and written, and the ability to work well in group settings is required. An ideal candidate will possess strong organizational skills, be self-motivated and willing to get involved, demonstrate excellent attention to detail, and be an adept multi-tasker.

Required: to qualify for this role at each of the below salary grades, the candidate must have the completed of academic degree and the accompanying minimum years of experience as follows:

Bachelor's

Master's

FR-23

1

0

FR-24

3

1

FR-25

4

2

FR-26

5

3

FR-27

6

4

Note: The role requires on-site presence in Washington, D.C. via a hybrid work schedule.

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