Senior Financial Institution Policy Analyst, Novel Activity Analytics - Division Of Supervision And Regulation

The Novel Activity Analytics team will measure and monitor developments in the fintech industry and the risk those developments pose to the banking and broader financial system. The team will develop and distribute related reports to help to maximize the flow and understanding of fintech and crypto-related trends within examiner teams and senior management. In this role, the team member will work with other analysts to identify and analyze relevant fintech and crypto-industry trends, developments, or conditions which may impact banking organizations and the financial industry at large.

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.

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:

• Lead examinations and reviews
• Interpret and/or implement policy, regulation, and/or guidance
• Clearly present analyses of financial, regulatory, and compliance data
• Identify and analyze emerging risks in financial institutions and markets, and/or for consumers and communities
• Financial Analysis
• Identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data
• Implement supervision and/or oversight policies and/or programs
• Risk Management
• Identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data
• Draft and review policy recommendations supported by logical reasoning and sound analysis
• Lead analyses of financial, regulatory, and compliance data and information in support of Division/Section's area of responsibility
• Examination and Supervision
• Policy
• Lead production of charts, graphs, and other visuals to help analyze data
• Apply appropriate risk management frameworks and policies to support oversight of financial institutions
• Identify data that can be used to analyze policy
• Data Analysis

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.

This description is intended to indicate the general level and function of this job. It is not intended to be all-inclusive and employees may be assigned duties not listed.

FR 27: 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 28: 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 5 years of related experience

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:

• Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions
• Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data
• Knowledge of Relevant Policy: The ability to interpret, apply and recommend changes as needed to policies specific to areas of responsibility
• 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 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
• Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks
• Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data

A successful candidate will have:

• Strong research and analytical skills, with a preferred background in economics and finance
• Strong agility to learn, digest, and engage in new topics quickly and under time pressure with short deadlines; should feel equally comfortable working in familiar areas/areas of expertise and delving into new topics, issues, and challenges.
• Knowledge of crypto-assets, DLT, and Banking-as-a-Service activities, products, and businesses, and related risk management disciplines; knowledge of related rules, regulation and guidance preferred
• Ability to manage and successfully complete multiple, complex projects simultaneously, reprioritize dynamically as the needs of the project change, and motivate the project team to stay focused on successful completion of the project
• Excellent collaboration and communication skills (both written and verbal); Ability to clearly communicate complex information and trends to varying audiences.
• Demonstrated experience developing and maintaining repeatable processes for data analytics and reporting
• Functional knowledge of relational databases

• Employees are expected to spend a minimum of 4 days per month onsite.
• A writing assessment will be administered as part of the interview process.
• This position is located in Washington, DC- relocation assistance is available.