Posted in Other 30+ days ago.
Type: Full-Time
Risk Analyst Senior I
This job is eligible for a hybrid schedule with some on-site work expected. The individual is expected to reside in the 1st District unless you were given an exception
As part of the Central Bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation. We contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts
The Applications Unit in the Supervision, Regulation, and Credit Department (SRC) of the Federal Reserve Bank of Boston has an opening for a Risk Analyst to analyze various applications filed by First District banks, bank holding companies and savings and loan holding companies. In analyzing such proposals, analysts assess the financial condition and managerial resources of the applicant, the competitive, regulatory and legal implications of the proposed transaction and the convenience and needs of the communities to be served. The unit will consider candidates with a wide-range of regulatory and legal review experience, from the legal, banking, regulatory and financial sector.
Principal Accountabilities:
Knowledge and Experience:
Education and Experience
Knowledge and experience normally acquired through, or the business equivalent of, the completion of an advanced degree in Accounting, Finance, or Business plus a minimum of 2 years of job related experience. Given the legal and regulatory compliance review encompassed within the position, the unit will also consider JDs for the position with financial analysis experience, training or education. A professional certification (e.g., CPA, CBA, or CFA) is a plus.
The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
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.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
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