Position Description
Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
6
Summary
The Senior Financial Analyst is considered a subject matter expert, acts as a project lead, and performs highly technical operations in the area of financial analysis and the evaluation of financial variables and trends. The senior analyst is responsible for providing analytical support to economists and other professionals in the System, including financial modeling and analysis and support for evaluation of financial institution or financial market data.
Position Requirements
Position requirements:
A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and for FR-27 a minimum of 6 years of related experience, or a master’s degree in a related field and 4 years of related experience, and for FR-28 a minimum of 8 years of related experience, or a master’s degree in a related field and 6 years of related experience.
Responsibilities
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:
Examination and Supervision
- Lead examinations and reviews
- Implement supervision and/or oversight policies and programs 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
- Apply appropriate risk management frameworks and policies to support oversight of financial Institutions 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
Financial Analysis
- Lead analyses of financial data and information in support of Division/Section's area of responsibility
- Clearly present analyses of financial/regulatory data
- Identify relevant issues and trends and draw conclusions through analysis of financial data
Remarks
This position will primarily be responsible for conducting the Federal Reserve Board’s oversight of systemically important Financial Market Infrastructures (FMIs) including central counterparties and payments systems. This position will also contribute to the analysis and review of potential new central counterparties in the Treasury markets to analyze and evaluate market structure and broader financial stability considerations. The Sr. Financial Institution and Policy Analyst will assess the financial and operational risk management practices at the FMIs and will interact directly with other analysts in the Federal Reserve system, staff at other US and international regulatory authorities, senior management at the FMIs, and Federal Reserve Board principals. This position may also contribute to the development or advancement of FMI-related policies in support of domestic and international initiatives. Past experience in one of the following areas is preferred: Financial Market Infrastructure or bank supervision Treasury market or central counterparty policy or analysis; familiarity with the legal framework applicable to FMIs; capital markets or trading; financial risk management such as stress testing, value-at-risk modeling, derivative pricing, counterparty credit risk management; or operational risk management. Additionally, candidates should possess strong written and verbal communication skills, interpersonal skills, professional judgement and personal initiative.
- *This is a two-year term position.
- *This role is located in Washington DC and will require relocation and on-site presence via a hybrid schedule. Employees are expected to spend a minimum of 6 days per month onsite. Relocation assistance is available.
- *A writing sample may be requested.
- *US Citizenship is required.
Primary Location
DC-Washington
Employee Status
Limited Term
Overtime Status
Exempt
Job Type
Temporary Work
Relocation Provided
Yes
Compensation Grade Low
FR PAY GRADE 27
Compensation Grade High
FR PAY GRADE 28
Minimum Salary
$139,100.00
Maximum Salary
$273,700.00
Posting Date
Jan 17, 2025
