Financial Institution & Policy Analyst - Regulatory Reporting, Division of Supervision and Regulatio

Federal Reserve Bank
Washington, DC
Sep 18, 2020
Sep 20, 2020
Full Time
Job Description - Financial Institution & Policy Analyst - Regulatory Reporting, Division of Supervision and Regulation (22187)Financial Institution & Policy Analyst - Regulatory Reporting, Division of Supervision and Regulation-22187Primary Location: DC-WashingtonEmployee Status: RegularOvertime Status: ExemptJob Type: StandardTravel: Yes, 25 % of the TimeShift: Day JobYears of Experience Required: 5Education Required: Bachelor's or Equivalent Exp.Relocation Provided: YesSalary Grade Low: 27Salary Grade High: 28Posting Date: Sep 16, 2020Position DescriptionSenior 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. Principal 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 programs Financial Analysis * Lead analyses of financial data and information in support of Division/Section's area of responsibility * Clearly present analyses of financial/regulatory data * Identify relevant issues and trends and draw conclusions through analysis of financial 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 * Apply appropriate risk management frameworks and policies to support oversight of financial institutions 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 RequirementsA bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master's degree in a related field and 4 years of related experience (FR-27) or 6 years of related experience, or a master's degree in a related field and 5 years of related experience (FR-28). Remarks This position works collaboratively with internal and external stakeholders to formulate and implement changes to regulatory reporting requirements, such as the FFIEC Reports of Condition and Income (Call Reports). The position is responsible for translating complex regulatory and accounting changes into clear and accurate reporting requirements. In doing this, the analyst must consider the value of the collected data to the business, the reporting burden, the views of other regulatory agencies, and the sentiments of the respondents, among other considerations. The position is responsible for developing and finalizing proposal materials, and recommending responses to public comments. The analyst must be comfortable negotiating with a diverse set of stakeholders and briefing senior leadership. A successful Senior or Lead Financial Institution & Policy Analyst in the Regulatory Reporting section of the Division of Supervision and Regulation has: * Excellent written and verbal communication skills, with demonstrated experience presenting complex information to internal and external audiences at both a general and executive level * Strong working knowledge about bank accounting and regulatory reporting * Strong analytical and problem-solving skills * Strong learning skills and tenacity when facing complex and/or unfamiliar challenges * Strong collaboration skills and an overall drive for excellence * Strong negotiating skills, with an ability to balance competing priorities * General knowledge about financial supervision and regulation * General knowledge about the information collection clearance process Though not required, the following are preferred: * Experience drafting regulatory reporting proposals for public notice and comment * Experience working with the FFIEC Task Force on Reports A writing sample may be requested. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.