Senior Financial Institution Policy Analyst, Cross Policy Integration and Secretariat - Division of Supervision and Regulation
: Job Details :

Minimum EducationBachelor's degree or equivalent experienceMinimum Experience6SummarySenior Financial Institution and Policy Analysts work under limited guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the project or team leader for Section, Division, Board, or system initiatives. May also serve as Board liaison or representative in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Act as recognized domain experts within the Division. Some travel is required.Duties and Responsibilities

• Senior Financial Institution and Policy Analysts perform the following responsibilities with limited guidance:
• Lead and perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives
• Prepare and deliver clear, accurate and concise communication orally and in writing
• Serve as Board liaisons or representatives in consulting/collaborating with domestic agencies/international authorities/standard-setting bodies
• Serve as project or team leaders for Section, Division, Board, or system initiatives
• Provide guidance and mentorship to new or junior staff
• Contribute to and advise on discussions and analyses across the Board
• Act as the recognized domain expert within Division
• Senior Financial Institution and Policy Analysts at the Federal Reserve Board may play many roles related to their jobs. They are responsible for a combination of the following roles:
• Data Analysis • Lead production of charts, graphs, and other visuals to help analyze data • Identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Identify data that can be used to analyze policy
• Examination and Supervision • Lead examinations and reviews • Implement supervision and/or oversight policies and/or programs
• Financial Analysis • Lead analyses of financial, regulatory, and compliance data and information in support of Division/Section's area of responsibility • Clearly present analyses of financial, regulatory, and compliance data • Identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data
• Policy • Interpret and/or implement policy, regulation, and/or guidance • Draft and review policy recommendations supported by logical reasoning and sound analysis
• Risk Management • 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): Senior Financial Institution and Policy Analysts develop and design analyses with limited guidance while working with and possibly leading 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): Senior Financial Institution and Policy Analysts identify options, assess trade-offs, measure outcomes, and develop consensus related to novel and highly complex 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 regularly collaborate with staff from the Federal Reserve System, other domestic and international authorities, and international standard-setting bodies, in a manner that involves working independently without direct engagement of Board official staff. 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): Senior Financial Institution and Policy Analysts perform in-depth analyses related to banking supervisory or regulatory activities involving complex and sensitive issues. They participate fully in, and may conduct, 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 to keep the Board, Division Management, and the Division Oversight Committee informed on developing trends and issues in the financial environment.

Position RequirementsPosition requirements: A bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 6 years of related experience, or a master's degree in a related field and 4 years of related experience (FR-27), or A bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 8 years of related experience, or a master's degree in a related field and 6 years of related experience (FR-28). REMARKS: The Cross-Policy Integration & Secretariat (CPI) section within the Division of Supervision & Regulation serves as a chief of staff for the deputy director of Policy in S&R, to align policy priorities across the group's international and domestic work. Examples of the section's work include coordinating the division's domestic engagement (e.g., with interagency partners, FSOC as well as responses to Congressional inquiries) and international policy-related engagement (e.g., with the Basel Committee, Financial Stability Board). The section serves as the Secretariat for S&R's committee for supervision and regulation-related matters, drafts governor memos and responses to Congressional inquiries on policy priorities, and coordinates the issuance of supervisory guidance. CPI is seeking an individual to take forward work on these policy priorities and support coordination of international engagement. The position provides a high level of exposure to priority policy work and with principals and senior division leaders. The position will also require the individual to build connections across the Policy Group and Supervision Group within S&R as well as with other Board stakeholders. In this role candidates should expect to: • Draft talking points for principals and senior leaders, briefing notes, and Congressional correspondence on priority S&R policy topics. • Track key domestic and international policy initiatives on priority policy topics and synthesize the information into briefing materials for senior leadership and principals. • Coordinate and collaborate with key Federal Reserve System stakeholders, with other U.S. financial regulatory agencies, and with international counterparts to align messaging on priority policy areas. • Serve as a key point of contact for taking forward work in priority policy areas. • Develop an understanding of key policy areas. • Prepare written and oral work products analyzing policy positions and identifying areas of interconnections or interdependencies among priority policy topics to inform the broader work of the Policy Group. The ideal candidate will have: • Experience producing different types of work product (e.g., talking points, briefing memos, responses, and policy memos) under tight time pressure with quick turnaround times. • Strong written and verbal communications skills. • Intellectual curiosity and an interest in financial institution regulatory and policy issues. • Ability to learn, digest, and engage in new topics. Candidate should feel equally comfortable working in familiar areas/areas of expertise and delving into new topics, issues, and challenges. • Strong critical thinking, problem-solving, and analytical skills. • Strong collaboration skills in engaging stakeholders, proactively keeping them involved as a project evolves, and building a network among domestic and international stakeholders to promote the CPI's mission. • Strong project management skills, anticipating barriers, challenges and roadblocks and addressing them proactively to keep the project moving forward. • Flexibility to manage competing priorities efficiently and to complete tasks under tight deadlines. • Strong attention to detail, thoroughness, resourcefulness, and creativity. • Ability to incorporate feedback effectively and efficiently. • Sound judgment in keeping relevant stakeholders, management, and senior leadership apprised of status and developments and knowing when to escalate issues. • Ability to distill complex information and identify appropriate options or solutions for decision makers. • Ability to manage and successfully complete multiple and/or complex projects simultaneously, keeping management and senior leadership apprised of developments and areas of disagreement. • Ability to provide day-to-day guidance to junior staff and facilitate their learning and development. • Experience, knowledge of and familiarity with the Board's regulatory frameworks (e.g., capital, liquidity) is preferred. • Advanced degree in business, law, public policy, or related fields is also desirable. • Travel required: 5-10%. **A writing exercise and/or sample may be requested. **This position is located in Washington DC and will require on-site presence of 4 days per month and as business needs require. Relocation assistance is available.