12 days old

Senior Financial Institution & Policy Analyst, Service Provider Oversight - Division of Supervision & Regulation

Federal Reserve Board of Governors
Washington, DC 20004
  • Job Code
    23498
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 expertise

    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:

    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 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

  • 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, data

    Policy

  • Interpret and/or implement policy, regulation, and/or guidance regulatory, and compliance
  • Draft policy recommendations supported by logical reasoning and sound analysis

    Risk 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 well

    A 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
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    Senior Financial Institution & Policy Analyst, Service Provider Oversight - Division of Supervision & Regulation

    Federal Reserve Board of Governors
    Washington, DC 20004

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