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Federal Reserve Bank of San Francisco · 8 hours ago

Account Coordination Associate

East Rutherford, NJ

Full-time

Onsite

New Grad, Entry Level

$110K/yr - $165K/yr

The Federal Reserve Bank of New York is at the center of the financial world, providing unique perspectives on national and international markets. The Account Coordination Associate will coordinate account-related activities and establish relationships within the Federal Reserve System, requiring collaboration with various stakeholders and attention to detail.

BankingFinanceFinancial Services

No H1B

U.S. Citizen Only

Responsibilities

Perform the Account Operations Owner (AOO) role for account opening/creation access requests and related on-going account maintenance activities. This includes serving as point of contact with prospective and existing customers as well as internal stakeholders on account matters and operationalizing related account and financial services related activities (e.g. oversight Administrative Reserve Bank (ARB) role)

Prepare written reports that interpret and synthesize analyses, making connections between recommendations and the bigger picture

Provide peer reviews and resolve account discrepancies

Demonstrate an on-going awareness of relevant customer issues, with ability to recognize and identify deficiencies and impacts of gaps in customer business documents

Perform quarterly Board Database reporting/reconciliations on existing and pending account requests and conduct ad-hoc querying/analysis for stakeholders

Administer the Account Request Tool (ART) to facilitate requests for Federal Reserve accounts and financial services

Contribute and/or lead AOO bi-weekly stakeholders meetings on account access reviews

Manage projects within the role

Qualification

Account managementAnalytical skillsProject managementBSA/AML complianceTechnical proficiencyCollaborationCommunication skillsAttention to detailOrganizational skills

Required

Strong critical thinking and analytical skills, with the ability to quickly learn business and related process and work independently to deliver outcomes

Advanced collaboration, written and verbal communication skills, with the ability to effectively make connections, ask insightful questions, and synthesize information within deadlines

Strong attention to detail and good organizational skills

Knowledge of project management methodologies and tools. Ability to work independently on projects/assignments

Understanding of internal controls and risk management

Strong analytical, quantitative skills, including ability to interpret policy requirements

Advanced PC and technical proficiency (Word, Visio, PowerPoint, Excel, Access, SharePoint Online, Tableau, SalesForce, Launchpad Pro (Generative AI), and collaboration tools)

Preferred

A plus with some background or experience in Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) and Office of Foreign Assets Control (OFAC) compliance and an interest in understanding applicability to Reserve Bank operations

Benefits

Fully paid Pension plan and 401k with Generous Match

Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)

Subsidized Public Transportation Program

Tuition Assistance Program

Onsite Fitness & Wellness Center

And more

Company

Federal Reserve Bank of San Francisco

Glassdoor3.6

We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans.

Founded in 1913