Federal Reserve SRM Analyst

Company

Federal Reserve Bank of Kansas City

The Federal Reserve Bank of Kansas City is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank. Our work promotes a safe, sound, and stable financial system which fosters an economy that works for everyone, so people can find jobs and prices remain stable.

Together, we serve in an innovative environment that values our employees and applies the highest ethical standards. Our culture is deeply rooted in our service to our nation and our organizational values of integrity, service, innovation, inclusion, growth, and development. As an employee with us, you'll find support to grow amongst a diverse team, while feeling united by our clear and common purpose.

The Supervision and Risk Management (SRM) Division of the Bank applies integrated supervision to promote the safety and soundness of bank holding companies, savings and loan holding companies, and state-chartered member banks.

About the Role:

This position will require you to work out of the Kansas City or Denver office. While some work from home flexibility exists, remote employment is not available.

Our SRM – Support Solutions team is looking for an Analyst to join our team. As part of our team, you will be in a department that performs analytical and administrative responsibilities to support the Federal Reserve's responsibility to supervisor and regulate banks and other important financial institutions.

Analysts on our team provide a wide range of analytical support to the SRM Division, working directly with Bank Officers, Managers, and internal and external customers as part of a centralized support department. In this position you will provide project management, technical support, and workgroup representation related to several System and Division projects.

Additionally, you will partner with local and System stakeholders to determine build out and develop budgets and sustainable frameworks to support the reports for managing the data and records.

Our analysts are afforded opportunities to be exposed to all the SRM Division's area responsibilities, while gaining experience, knowledge, and skill that are transferable to other roles across the Federal Reserve Bank. Your contributions will further our mission to ensure broad internal and external engagement, communication, and outreach.

Key Activities:

• Manage and perform project related work such as department operational improvements, and executing on System, Division, and Bank initiatives.

• Coordinate activities designed to find and address risk related to the management of supervisory data and records.

• Manage, coordinate, or conduct activities designed to identify and mitigate risk related to the management of supervisory data and records.

• Conduct quantitative and/or qualitive analysis, which may include identifying trends, monitoring data, preparing reports and/or visualizations, providing recommendations, and presenting findings.

• Assess newly developed System and District guidance and recommend process changes to ensure compliance.

• Research industry practices, collect and analyze data, draw conclusions, and present results.

• Participate in budget related activities, such as developing and monitoring budget, compiling data, monitoring expenses, responding to inquiries, providing documentation, explaining variances, presenting to management, and providing rationale and recommendations.

• Manage, coordinate, or conduct activities related to identifying and managing department and Division risks, such as internal audits; compliance and risk management; and Business Continuity testing and plan maintenance.

• Explore and learn new technology platforms and provide recommendations for applying available technology to improve business processes.

• Manage learning related activities, such as mandatory training session recordkeeping and proficiency examination administration.

What We Look For

• Interest in and knowledge of data and analytics preferred.

• Strong customer service orientation.

Qualifications

• Bachelor's degree from an accredited college or university, or equivalent combination of directly related education and/or experience.

• This position typically does not require any previous experience, but 3 years of relevant experience or more is preferred.

• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

This position has additional screening requirements due to the information accessed wh