Strategy and Business Analytics Specialist

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do: 

The Cash and Custody Function engages in critical operations on behalf of the Federal Reserve Bank of New York and the Federal Reserve System including the distribution of U.S. Dollar Currency to the Second District, Puerto Rico, U.S. Virgin islands & international customers, as well as Gold Safekeeping Operations. 

Reporting directly to the Head of Cash & Custody Strategy and Stakeholder Engagement, you will work collaboratively with other leaders and stakeholders across the Bank, Federal Reserve System & US Government agencies as a broad and influential thought leader.

Your role Strategy and Business Analytics Specialist:

As a Strategy and Business Analytics Specialist, you will be part of a high-performing team that advances 2nd District and international U.S. Dollar currency distribution capability and Gold Safekeeping Operations through the following activities:

• Facilitate the business’ strategic planning and evaluation cycle (e.g. Environmental Scan, Strategy development, Objectives, Quarterly Performance Reporting)

• Conduct the data analyses and environmental scans that inform the risks, opportunities, and strategic choices

• Analyze organizational performance in meeting the outcomes of strategic objectives

• Produce business cases, implementation plans, and key metrics to support the execution of initiatives within the Group

• Select, collect, and analyze data to find root causes of performance issues; identify trends and process variations that lead to continuous improvement opportunities

• Lead the synthesis of performance metrics and develop actionable insights and recommendations

• Facilitate business-level collaboration and alignment by engaging business leaders with consistent insight and guidance

• Establish and maintain relationships and clear communication channels with business leaders

• Implement and monitor Cash & Custody’s projects and initiatives to ensure effective implementation

• Identify and prioritize continuous improvement and innovation opportunities

• Define and document requirements for new and existing business processes, automated solutions, policies, and standards

• Communicate and influence parties within and outside of the Business at an operational and strategic level regarding policies, procedures, and practices

• Conduct regular briefings with managers and senior stakeholders

• Support business innovation by researching, analyzing, and evaluating new technologies

What we are looking for:

• Demonstrated experience in large scale critical operations, ideally within a complex, mission-driven organization; focus on continuous improvement methodologies a plus.

• Demonstrated ability to effectively lead multiple initiatives to drive and deliver results despite competing priorities

• Demonstrated ability to organize, simplify, harmonize, and resolve ambiguity

• Ability to structure and distill complex problems into easily digestible insights, solutions, and recommendations

• Ability to quickly assimilate new information, handle new problem situations, and manage a variety of responsibilities simultaneously

• Experience translating and implementing an idea into appropriate action

• Experience with process design & optimization

• Ability to strategize and solve problems

• Capably manage and perform financial/quantitative analyses

• Excellent verbal and written communication and customer service skills

• Strong analytical and problem-solving skills

• Emotional intelligence, including the ability to build trust in a variety of relationships through candor, reliability, and authenticity as well as the capacity to embrace and draw from diversity and inclusion to improve the quality of outcomes