Financial Institution Policy Analyst II, LFBO Firm Oversight - Division of Supervision and Regulation
Federal Reserve Bank
Financial Institution Policy Analyst II, LFBO Firm Oversight - Division of Supervision and Regulation - R024764 Primary Location : DC-Washington : Employee Status : Regular Overtime Status : Exempt Job Type : Standard Work Shift: : 1st Shift : : Relocation Provided: : Yes Compensation Grade Low: : FR PAY GRADE 24 Compensation Grade High: : 25 Minimum Salary: : $92,800.00 Maximum Salary: : $170,000.00 Posting Date : Oct 16, 2024
Position Description
Minimum Education Bachelor's degree or equivalent experience Minimum Experience 3 Summary 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. Duties and Responsibilities
Position Requirements
Remarks A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 3 years of related experience, or a master’s degree in a related field and 1 year of related experience (FR24), a minimum of 4 years of related experience, or a master’s degree in a related field and 2 year of related experience (FR25). Must be able to perform basic or developmental level work in activities involving these competencies, and must be capable of demonstrating them after receiving specific instructions and guidance: • 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 • 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. • Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions • Knowledge of Relevant Policy: The ability to interpret, apply, and recommend 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 regulation The Firm Oversight section of the LFBO group is responsible for coordinating risk-focused, forward-looking supervision of non-LISCC domestic large banking organizations with $100 billion (LBO) or more in total assets, and all foreign banking organizations regardless of size (FBO). As such, the section oversees the effective execution of the LBO and FBO supervisory programs by the district Reserve Banks. The selected candidate will need to develop a sound understanding of LFBO firms and the underlying supervisory procedures and processes to support various ongoing section responsibilities, including but not limited to ad hoc/special projects, Reserve Bank oversight activities, supervisory program management, and monitoring. As the selected candidate progressively develops within the team and gains supervisory knowledge over time, the selected candidate could be assigned to oversee a portfolio of firms and work closely with dedicated supervisory teams at Reserve Banks. The ideal candidate will have: • Strong written and oral communication skills • Strong collaboration and teamwork skills • Solid understanding of the financial and management practices of banking organizations, along with a comprehensive knowledge of general financial theory and practices • Knowledge of the laws and regulations governing all aspects of the operations of banks, bank holding companies, and related non-banking activities are preferred. • Exposure to or previous bank supervision experience is desirable. Note: This position is located in Washington DC and will require an on-site presence 4 times per month and as business needs require. A writing sample may be requested. Travel: up to 25%
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: R024764
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