Federal Reserve Board · 14 hours ago
Financial Institution & Policy Analyst, Spend & Resource Management - RBOPS
Washington, DC
Full-time
Onsite
Entry, Mid Level
$82K/yr - $204K/yr
1+ years expThe Federal Reserve Board is responsible for overseeing and promoting the effective use of Reserve Bank resources. The Financial Institution and Policy Analyst will conduct in-depth analyses on quantitative and qualitative data, support project tasks, and prepare communications for stakeholders.
Banking
No H1B
U.S. Citizen Only
Responsibilities
Perform quantitative and/or qualitative analysis in support of FRB mission, Division goals, and Section objectives
Assist senior staff by providing support, information or analysis
Prepare and deliver clear, accurate and concise communication orally and in writing
Share information and ideas regarding projects and work for Section/Project Teams
Perform assigned project tasks
Support Section or Division in areas of expertise
Begin to develop areas of expertise
Data Analysis
Supports in producing charts, graphs, and other visuals to help analyze data
Helps identify relevant issues, trends and draw conclusions through analysis of quantitative and qualitative data
Helps 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
Supports in performing 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
Helps identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data
Policy
Helps to interpret and/or implement policy, regulation, and/or guidance
Participate in drafting policy recommendations supported by logical reasoning and sound analysis
Risk Management
Helps to 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 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 may 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, reviewed by their supervisor, to keep the Board, Division Management, and the Division Oversight Committee informed on developing trends and issues in the financial environment
Qualification
Required
Bachelor's degree or equivalent experience
Minimum of 2 years of related experience, or a master's degree in a related field and 1 year of related experience
Strong analytical skills
Excellent written and oral communication skills
Capable of effectively communicating with team members, senior management, and stakeholders
Able to work independently and in a team environment
Capable of effectively managing and prioritizing multiple assigned responsibilities
Some travel may be required
U.S. citizenship required
This role is located in Washington DC and will require relocation and on-site presence
Preferred
Understanding and familiarity with financial statement modeling and cost accounting policy, primarily focused on activity-based costing techniques
Strong foundation in accounting and budgeting, evidenced by an accounting, finance, or economics degree, or prior experience working in the accounting field/financial area with a focus on spend stewardship, management reporting, and cost accounting systems
Understanding of Federal Reserve cost accounting and/or financial accounting policies
Understanding of data structures and financial information systems, and interest in automating financial information reporting processes
Experience using Excel, or like tools, for retrieval of data from Online Analytical Processing (OLAP) databases, Microsoft-based (MS) Business Analytics, Workday, Tableau, and similar reporting tools
Benefits
Relocation assistance is available.
Company
Federal Reserve Board
The Federal Reserve System is the Central Bank of the United States.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Don Hammond
Chief Operating Officer
Nicole Bynum
Deputy Director (Division COO)
Recent News
2025-05-05
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2025-04-16
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