A' Job Description - Financial Institution Policy Analyst - RBOPS (22107)Financial Institution Policy Analyst - RBOPS-22107Primary Location:A' DC-WashingtonEmployee Status:A' RegularOvertime Status:A' ExemptJob Type:A' StandardTravel:A' Yes, 25 % of the TimeShift:A' Day JobYears of Experience Required:A' 2Education Required:A' Bachelor's or Equivalent Exp.Relocation Provided:A' YesSalary Grade Low:A' 24Salary Grade High:A' 25Posting Date:A' Sep 3, 2020Position DescriptionThis is a pipeline posting requisition for vacancies in the FMI Oversight, Risk & Policy, Financial Risk Management, Retail Payment, Fiscal Agency, Banknote Issuance and Cash Operations, and Banknote Planning and Quality Control sections.Financial Institution and Policy Analysts work under regular supervision to conduct in-depth analyses on quantitative and qualitative data. Perform assigned project tasks while developing domain expertise and may lead well-defined tasks within a project. Share information and ideas regarding projects and work primarily for their Project Team, Section, or Division. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders.Some travel may be required.Position RequirementsFinancial Institution and Policy Analysts perform the following responsibilities under regular supervision:A cents € cents Perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectivesA cents € cents Assist senior staff by providing support, information or analysisA cents € cents Prepare and deliver clear, accurate and concise communication orally and in writingA cents € cents Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholdersA cents € cents Perform assigned project tasks and lead well-defined tasks within a projectA cents € cents Support Section or Division in areas of expertiseA cents € cents Begin to develop areas of expertiseFinancial Institution and Policy Analysts at the Federal Reserve Board may play many roles related to their jobs.A' They are responsible for a combination of the following roles:Examination and SupervisionA cents € cents Participate in and/or lead examinations and reviewsA cents € cents Support and implement supervision and/or oversight policies and programs PolicyA cents € cents Helps to interpret and/or implement policy, regulation, and/or guidanceA cents € cents Participate in drafting policy recommendations supported by logical reasoning and sound analysisRisk ManagementA cents € cents Helps to identify and analyze emerging risks in financial institutions and marketsA cents € cents Apply appropriate risk management frameworks and policies to support oversight of financial institutions Data AnalysisA cents € cents Supports in producing charts, graphs, and other visuals to help analyze dataA cents € cents Helps identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative dataA cents € cents Helps identify data that can be used to analyze policy Financial AnalysisA cents € cents Supports in performing analysis of financial data and information in support of Division/Section's area of responsibilityA cents € cents Clearly present analyses of financial/regulatory dataA cents € cents Helps identify relevant issues and trends and draw conclusions through analysis of financial dataReserve Bank Operations and Payment Systems (RBOPS): Financial Institution and Policy Analysts identify options, assess trade-offs, measure outcomes, and develop consensus related to moderately 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. 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.Qualifications - Position Requirements:A bachelor's degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 2 years of related experience, or a master's degree in a related field and 1 year of related experience.Must be able to perform basic or developmental level work in activities involving these competencies, and must beA' capable of demonstrating them after receiving specific instructions and guidance:Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative dataFinancial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational dataRisk Management: The ability to utilize risk management principles to evaluate and mitigate potential risksReviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutionsKnowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa.Knowledge of Relevant Policy: The ability to interpret, apply, and recommend changes as needed to policies specific to areas of responsibilityKnowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulationsRemarks:Financial Institution and Policy Analysts are employed in multiple sections within the division with varying subject matter and specific responsibilities. Financial services analysts will perform qualitative and quantitative analysis in support of the Board's responsibilities and policy objectives. The successful candidate will demonstrate, critical thinking skills, excellent written and oral communications skills, and the ability to use sound judgement, assimilate new information quickly, analyze complex problems, and take initiative. Financial services analysts will contribute to oversight of Reserve Banks and/or private sector firms, including participating on reviews or examinations, assessing new initiatives, and conducting ongoing monitoring. Analysts will contribute to policy and regulatory processes by assessing Reserve Bank and/or private sector firm consistency with current policy and regulation, identifying novel issues and emerging risks, and providing expertise to support changes to policy or regulation. Analysts will develop in-depth subject matter expertise on payment, clearing, and settlement systems and services; financial markets; risk management standards and concepts; payments policies, laws, and regulations; and/or larger financial system linkages and financial stability. Previous knowledge of one or more of these topics, or experience in financial markets, banking, financial institution supervision, or operations is preferred. The position will include extensive interaction with Reserve Bank and Board staff and officials, and may also include interaction with other domestic and international regulatory staff. Analysts produce written materials for a variety of audiences. Experience with statistic would be beneficial.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.A'