Senior Financial Institution & Policy Analyst, Service Provider Oversight - Division of Supervision & Regulation
Federal Reserve Board of Governors
Senior Financial Institution and Policy Analysts work under regular guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the primary contributor and may lead projects and teams and often represent the Section or Division on projects and task forces. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required.
Principal Duties and Responsibilities
Senior Financial Institution and Policy Analysts perform the following responsibilities with regular guidance:
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
Share information and make recommendations regarding projects and work for Section/Project Teams/Division or external stakeholders
Serve as primary contributors and may lead projects or teams in the accomplishment of work
Provide guidance to junior or new staff
Represent the Section or Division on group projects or task forces
Advise senior staff and managers
Develop areas of domain expertiseSenior 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
Produce 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 policyExamination and Supervision
Participate in and/or lead examinations and/or reviews
Support and implement supervision and/or oversight policies and programsFinancial Analysis
Perform 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, dataPolicy
Interpret and/or implement policy, regulation, and/or guidance regulatory, and compliance
Draft policy recommendations supported by logical reasoning and sound analysisRisk Management
Identify and analyzes 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 institutionsA bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 4 years of related experience, or a master's degree in a related field and 3 years of related experience (FR-26) or 5 years of related experience, or a master's degree in a related field and 4 years of related experience (FR-27). Senior Financial Institution and Policy Analysts must be able to immediately contribute to the success of work requiring the following competencies and be able to serve as an advisor 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 to interpret, apply and recommend 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
Remarks:
The Service Provider Oversight section along with Federal Banking Agencies (i.e., the Federal Reserve System, the OCC and the FDIC) jointly conduct supervision of technology services provided by certain third-party service providers under the authority provided in the Bank Service Company Act.
The selected Senior Financial Institution and Policy Analyst will be directly involved in the Federal Reserve's efforts in service provider oversight and supervision. The ideal candidate will have:
subject-matter expertise of IT and or operational risk with understanding of service provider examinations
Applicable industry certifications, though not required
Demonstrated excellent decision-making ability
Political savvy with the ability to collaborate wellA writing sample and/or assessment may be requested.
Travel: 25%
This position will require an on-site presence in Washington, DC.
Posted: 2023-01-21 Expires: 2023-02-19
