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Minimum Education
Bachelor's degree or equivalent experience
Minimum Experience
6
Summary
Senior Financial Institution and Policy Analysts work under limited guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the project or team leader for Section, Division, Board, or system initiatives. May also serve as Board liaison or representative in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Act as recognized domain experts within the Division. Some travel is required.
Duties And Responsibilities
- Senior Financial Institution and Policy Analysts perform the following responsibilities with limited guidance:
- Lead and 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
- Serve as Board liaisons or representatives in consulting/collaborating with domestic agencies/international authorities/standard-setting bodies
- Serve as project or team leaders for Section, Division, Board, or system initiatives
- Provide guidance and mentorship to new or junior staff
- Contribute to and advise on discussions and analyses across the Board
- Act as the recognized domain expert within Division
- 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
- 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
- Examination and Supervision
- Lead examinations and reviews
- Implement supervision and/or oversight policies and/or programs
- Financial Analysis
- Lead 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, regulatory, and compliance data
- 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, and/or for consumers and communities
- Apply appropriate risk management frameworks and policies to support oversight of financial institutions
The Community Bank Organizations (CBO) function within the Division of Supervision and Regulations (S&R) at the Board of Governors oversees the supervision of banks and holding companies with assets less than $10 billion. The function collaborates with Federal Reserve Banks on the supervision of problem banks; supports the early identification of issues by working closely with Reserve Banks to understand risks, unique situations, and potential problem banks; monitors portfolio trends; and promotes regular information sharing across the Reserve Banks. Additionally, the function coordinates information between Reserve Bank staff and division leadership, and provides portfolio-specific information and perspectives to Board leadership and for Board matters, policy changes, high-priority projects, and speaking engagements.
Specific Job Tasks
- Work closely with Reserve Banks to monitor banks and holding companies in the community bank portfolio. Identify and track emerging and established risks in the portfolio. Work with Reserve Banks and other regulators to stay informed about developments at problem banks and escalate problem bank issues as appropriate.
- Inform S&R and Board leadership about developments in the community bank portfolio through written memos, oral briefings, and other communications.
- Monitor and promote high-quality supervisory processes across the Reserve Banks and ensure a consistent implementation of Board's guidance.
Preferred Qualifications
- Bank examination experience highly preferred; past or current examiner commission desired.
- Strong written and oral presentation skills.
- Strong critical thinking and analytical skills, and an understanding of the financial services industry.
- Ability to work in a fast-paced environment and quickly produce high-quality analytic products.
- Degree in Economics, Accounting, Business Administration, Finance, Policy, or related field.
A bachelor’s degree or equivalent experience in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 6 years of related experience (FR-27); A bachelor’s degree or equivalent experience in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 8 years of related experience (FR-28).
A writing sample may be requested.
Minimal travel may be required.
This position is in Washington, DC and requires an on-site presence.
Job Type
Regular
Job Exempt
Yes
Relocation Provided:
Yes
Compensation Grade(s)
FR PAY GRADE 27 - FR PAY GRADE 28
Pay
$140,500 - $210,500
Rehabilitation Act
The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call 202-452-3880 or e-mail
[email protected].
Equal Opportunity Employer
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.
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