Global Banking Analysis Associate

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 Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The objectives of supervision are to:

• Evaluate and promote the overall safety and soundness of supervised institutions

• Ensure supervised institutions’ compliance with relevant laws and regulations, including consumer protection

• Facilitate the stability of the financial system of the United States

• Support the growth and stability of the U.S. economy

Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy and risk matters. Supervision is coordinated with other US agencies.

The Supervisory Policy and Strategy (SPS) Function contributes to policy development, analysis, and strategy for banks, non-bank financial institutions, and financial market infrastructures. The Global Banking Analysis (GBA) Program is responsible for monitoring and reporting on second district, U.S. and foreign banks and analyzing banking sector and relevant policy developments.

Your role as a Policy, Strategy and Analytics Associate:

GBA Program is seeking an experienced financial analyst with a specialization in banking institutions. The primary responsibilities of the Policy, Strategy and Analytics Associate will be to help develop and support relevant analytics and insights on the banking sector and to support second-district large and foreign banking organization examiners with financial perspectives and analytics.

Additionally, the Policy, Strategy and Analytics Associate will contribute to regulatory policy development, analysis, and ongoing monitoring of current and emerging issues.

You will report to the GBA Program Lead and work closely with GBA colleagues and senior management across the SPS Function.

Core responsibilities include:

• Designing, supporting and executing analyses on key thematic and topical issues related to banking sector trends, conditions and policy.

• Contributing to and maintaining an analytical monitoring system for identifying risks to individual banks and the broader financial system.

• Supporting second-district bank large and foreign banking organization examiners through ongoing and ad-hoc quantitative insights.

• Preparing and delivering presentations for senior management and other Federal Reserve System stakeholders.

• Collaborating with staff across the Function, Group, Bank, and System, including as liaison between GBA and the Large and Foreign Banking Organization (LFBO) portfolio examiners.

What we are looking for:

• Financial analysis experience, ideally of banking institutions, at a financial institution, rating agency or regulatory agency. Chartered Financial Analyst (CFA), MBA, or Certified Public Accountant (CPA) and regulation preferred.

• Strong experience and interest in data management, data analysis and visualization. Experience with SQL, Excel, Tableau and Bloomberg preferred.

• Strong analytical and critical thinking skills, demonstrated by the ability to assimilate information, proactively learn new and complex topics, and integrate data and analysis.

• Strong writing skills and experience presenting on technical issues.

• Project management and leadership skills as well as proven ability to handle multiple projects in a demanding environment and the flexibility to adjust to rapidly changing priorities.

• Ability to thrive as a member of a team and to build collaborative working relationships with all levels of staff and management.

• Occasional travel may be required.

Salary Range: $116500 - $171900 / year 

We believe in transparency at the NY Fed. This salary range reflects a variety of skills