Financial Institution Policy Analyst, Risk Analysis and Emerging Issues - Division of Supervision and Regulation
: Job Details :

Minimum EducationBachelor's degree or equivalent experienceMinimum Experience4SummaryFinancial Institution and Policy Analysts work under limited supervision to conduct in-depth analyses on quantitative and qualitative data. Perform assigned project tasks while demonstrating increased mastery in areas of expertise and may lead projects and reviews. Share information and ideas regarding projects and work for their Project Team, Section, Division, or external stakeholders and may represent the Section or Division on group projects or 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.Duties and Responsibilities

• Financial Institution and Policy Analysts perform the following responsibilities under limited supervision:
• Perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives
• Assist senior staff in conducting analyses
• Prepare and deliver clear, accurate and concise communication orally and in writing
• Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders
• Perform assigned project tasks and may lead projects/reviews
• Represent the Section or Division on group projects or task forces
• Advise within team and Section in areas of expertise
• Demonstrate increased mastery in areas of expertise
• 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 analysis of financial, regulatory, and compliance data and information in support of Division/Section's area of responsibility • Clearly present analysis 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 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
• Consumer and Community Affairs (DCCA): Financial Institution Policy Analysts perform analyses related to consumer-focused supervision, research, and policy analysis across the Federal Reserve System. They may participate in studies or projects which focus on financial institution compliance with consumer protection laws and regulations, identifying risks of and protecting from consumer harm, and providing oversight of and guidance for Reserve Bank consumer-focused supervision. They also prepare memoranda to keep the Board, Division Management, and the System informed on developing trends and issues in consumer protection and community development.
• Monetary Affairs (MA): Financial Institution and Policy Analysts conduct their duties while working with counterparts throughout the Board to execute the Division's responsibilities pertaining to: monetary policy implementation; the tools of monetary policy; money, reserve, and bank credit aggregates; analysis of financial institutions and markets; and Federal Reserve System operations.
• Reserve Bank Operations and Payment Systems (RBOPS): Financial Institution and Policy Analysts identify options, assess trade-offs, measure outcomes, and develop consensus related to moderate or complex projects involving Federal Reserve Banks' policies, operations, compliance, and information management; systemically important financial market infrastructures (FMIs); payment, clearance, and settlement (PCS) activities; and the broader financial and payment systems. They regularly collaborate with staff from the Federal Reserve System, other domestic and international authorities, and international standard-setting bodies. Projects include those that ultimately lead to decisions by the Board; Board Committees, notably the Committee on Federal Reserve Bank Affairs (BAC) and the Payments System Policy Advisory Committee (PSPAC); and senior Division and Reserve Banks' management.
• Supervision and Regulation (S&R): Financial Institution and Policy Analysts perform analyses related to banking supervisory or regulatory activities. They may participate in special studies or projects related to financial institution supervision and regulation, and identify problems or potential problems in the banking system or individual banking organizations. They also prepare memoranda to keep the Board, Division Management, and the Division Oversight Committee informed on developing trends and issues in the financial environment.

Position RequirementsFR-25: A 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 2 years of related experience FR-26: A bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master's degree in a related field and 3 years of related experience About the Team The S&R Risk Analysis and Emerging Issues section supports the overall mission of S&R to promote a safe, sound, and stable banking and financial system that supports the growth and stability of the U.S. economy. As part of S&R's strategic goals, the Risk section strives to meet the following four main objectives:1. Lead systematic and consistent processes for developing, gathering, synthesizing, analyzing, discussing, and responding to System risk information;2. Support the day-to-day supervisory efforts of System supervisory groups to identify risks and provide subject matter expertise to assist with the evaluation of risk management practices at supervised institutions;3. Contribute to policy development and implementation of risk-related topics;4. Participate in addressing any other risk-related issues and contribute to other risk-related projects - such as testimonies and Congressional responses. About the RolePrincipal duties and responsibilities include: • Identify relevant and emerging credit, market and liquidity risk issues and trends by performing in-depth analysis of quantitative and qualitative data, including results of examinations and other supervisory activities;• Communicate well developed and well supported conclusions through clear and concise written products such as emails, presentations, reports, and briefing notes for delivery to internal stakeholders such as supervisory portfolio leads, management groups, examiners, Board members, etc.;• Coordinate and collaborate with peers and colleagues across the Federal Reserve system and interagency in order to stay abreast of views and trends;• Lead or participate in special studies or projects to inform the Federal Reserve's oversight of credit, market and liquidity risk, to enhance our supervisory process and to develop supervisory guidance and regulation;• Train junior analysts. Requirements: • Safety and soundness examination experience or knowledge of banking regulation• Knowledge of commercial or retail credit products/risk or market/liquidity risk • Strong analytical, oral and written communication skills• Ability to collaborate effectively in a team Notes:• This position is located in Washington DC. Employees are expected to spend a minimum of 4 days per month onsite and as business needs require. Relocation assistance is available.• The interview process will include a writing exercise.