Sr Financial Institution Policy Analyst, Policy Planning & Strategy (Climate)- Division of Supervision & Regulation - 22561 Primary Location : DC-Washington : Employee Status : Regular Overtime Status : Exempt Job Type : Standard Travel : Yes, 25 % of the Time Shift : Day Job Years of Experience Required: : 5 Education Required: : Bachelor's or Equivalent Exp. Relocation Provided: : Yes Salary Grade Low: : 27 Salary Grade High: : 28 Posting Date : Oct 5, 2021 Position Description Senior 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. 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 Position Requirements Position Qualifications: A 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 bachelor's degree 6 years of related experience, or a master's degree in a related field and 5 years of related experience (FR-28). Must be able to immediately contribute to the success of work requiring the following competencies, and be able to serve as advisors to provide insight in their application: Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions Knowledge 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 changes as needed to policies specific to areas of responsibility Knowledge 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 regulations Remarks: The Financial Institution and Policy Analyst will be a member of the [Climate Policy team] in the Policy Planning group that is working to develop an appropriate supervisory approach to ensure the resilience of supervised institutions to climate-related financial risks. The [Climate Policy team] supports the Supervision Climate Committee (SCC) in building the Federal Reserve's capacity to understand the potential implications of climate change for financial institutions. The SCC is responsible for analyzing the impact of climate change on banking institutions, identifying appropriate policy responses and developing a supervisory program to ensure banking institutions appropriately incorporate the financial risks of climate change into their risk management frameworks. The Climate Policy team works closely with the Chair of the SCC to develop and implement the SCC's objectives and workplan, as directed by the Board of Governors. Specific responsibilities: * Provides Secretariat support to the Supervision Climate Committee, including developing meeting materials, setting meeting agendas, drafting meeting minutes, coordinating workstreams and providing regular updates to SCC members and senior staff across the System. * Performs in-depth quantitative and qualitative analyses to support policy development and contribute to staff recommendations related to supervision and regulation of climate-related financial risks. * Contributes to climate policy projects, including synthesizing existing work on a topic, identifying gaps, performing qualitative and quantitative analysis, and developing policy responses. * Analyzes and prepares written memoranda or research on climate-related issues. * Performs ad hoc projects, often under short deadlines. * Actively monitors market, regulatory and legislative developments via publicly-available resources and self-directed research. * Actively seeks opportunities to collaborate with Supervision and Regulation colleagues, different Divisions within the Board of Governors, and subject matter experts throughout the Federal Reserve System in evaluating the financial risks of climate change. * Creates strong internal and external networks; explicitly seeks to understand and support the objectives of colleagues, incorporates effective reflection of policy views in new policy and recommendations. Desired skillsets: * Ability to distill complex information, identify appropriate options or solutions and evaluate potential implications of a given approach. * Ability to collaborate, develop rapport and credibility with a variety of stakeholders at the Board and other US and international financial regulatory agencies. * Relevant knowledge regarding finance, financial institutions, bank regulation, and economic trends. * Excellent project management, time management and organizational skills to manage multiple and often conflicting priorities effectively. * Technical and intellectual agility, analytical thinking, attention to detail. * Perspective, sound judgment, diplomacy, tact. * Strong written and verbal communication skills. * Ability to handle confidential information and data. * Ability to work under pressure to meet tight deadlines. * Personal commitment and drive to set and then meet or exceed high standards and objectives. Candidates may be asked to provide a writing sample or write a memo in response to a specific prompt as part of the interview process. Full vaccination is required as a condition of employment, unless a legally required exception applies. ? 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. Req ID: 22561