The Credit Analyst will primarily support the CRM Collateral function, which is responsible for evaluating the eligibility and valuation of collateral pledged to the Federal Reserve and various Treasury collateral programs. The analyst will assess institutions' risk management practices and compliance with the Borrower-in-Custody (BIC) program and ensure moderately complex BIC reviews are conducted consistently with established policy, procedure, and prudential risk and control requirements.

The Credit Analyst will provide secondary support to the CRM Condition Monitoring function, which is responsible for assessing and monitoring the financial condition of all depository institutions that either have a business relationship with FRB Cleveland or are eligible to do so. The analyst will leverage experience in econometrics, modeling, and/or statistics to identify and monitor financial conditions and emerging risks in the banking industry as well as to perform independent financial analyses on the condition of Fourth District depository institutions.

PLEASE NOTE : This position requires access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System. Protected Individuals include, but are not limited to, U.S. Citizens, U.S. Nationals, and lawful permanent resident aliens (also known as "green card holders") but do not include (i) a permanent resident alien who fails to apply for naturalization within six months of the date the alien first becomes eligible to apply for naturalization and (ii) an alien who has applied on a timely basis, but has not been naturalized as a citizen within 2 years after the date of the application, unless the alien can establish that the alien is actively pursuing naturalization. If you are selected for an interview, you will be required to present documentation of your eligibility prior to the interview.

Essential Accountabilities