Senior Analyst - Risk Analytics and Surveillance
Federal Reserve Bank of Philadelphia
Full-time / Part-time
The Supervision, Regulation and Credit (SRC) department of the Federal Reserve Bank of Philadelphia promotes a safe and sound, competitive banking system; provides collaborative oversight of institutional and industry activities; and provides consistent, fair, and timely supervision through building of knowledge, integrated processes, and value added risk-focused supervisory practices.
The Risk Analytics and Surveillance unit (RAS), a business unit within SRC, is looking to add a new member to its team. RAS areas of responsibility are bank supervision, supervisory policy review related to the overall risks in the examination process, and research related to banking and supervisory topics.
· Completes quarterly RAS unit reports based on the Third District banks’ and savings institutions’ financial condition for SRC staff.
· Gathers, analyzes, and interprets economic, financial, and statistical data relevant to the monitoring of the District financial institutions from a variety of sources, including published reports and computerized databases.
· Analyzes sources of systemic risk, emerging issues, and economic factors as they apply to Third District financial institutions to assess their impact on Third District institutions and supervisory processes. Confers with business unit management on the identified issues, and escalates them to the appropriate areas when risk is a known quantity.
· Plans, conducts, and assists on analytical studies and assignments on projects with general supervision. Prepares briefs on emerging issues for business unit management. Works with senior members of the unit on complex analytical projects.
· Maintains and uses automated information systems on the banking industry to support statistical analysis, periodic reports, and responses to ad hoc inquiries from within the department.
· Performs financial, statistical, and econometric analysis using statistical and financial software applications, such as SAS, at a beginning to intermediate level.
· Maintains knowledge by monitoring and evaluating trends and developments in the banking industry and its regulatory environment. Stays abreast of relevant regulations and legislation, and analyzes emerging issues affecting the banking industry.
· Researches and prepares written reports on important issues for business unit and department management. Presents ideas and analytical findings to other appropriate audiences. Interacts with professional colleagues in the department as needed to gather information for inclusion in reports.
· Interacts with others in the Federal Reserve System, including Surveillance staff across the System, as appropriate, to provide insight and create shared tools that can be utilized by SRC staff.
· Presents ideas and research findings to management and staff orally and in written reports. Prepares reports using word processing, spreadsheet, and graphics software.
Knowledge and Skills
· Basic knowledge of statistical software, in particular SAS, to perform basic to intermediate statistical and econometric analysis, with the intention of performing more advanced functions.
· Knowledge of and ability to independently apply economic principles to analyze trends in regional and national economic activity.
· Strong analytical and problem solving skills.
· Strong verbal and written communication skills.
· Completion and/or enrollment in the examiner training program as specified by the Board of Governors is preferred.
· Strong interpersonal skills.
· Strong time management skills.
· Strong PC skills, using the standard Microsoft Office suite of products (Word, Excel, Access, PowerPoint, SharePoint) and Mainframe applications.
Education and Experience
's degree in finance, economics, statistics, or equivalent experience in bank supervision, banking, or a finance-related field is required. Master’s degree is strongly preferred.
· Three to five years' experience in bank supervision, banking, or finance-related field is required.
An applicant for employment also must be a U.S. Citizen, U.S. National, or hold a permanent resident/green card with intent to become a U.S. Citizen.
Applicants must be able to provide work authorization to prove their eligibility to work in the United States.
Federal Reserve Bank of Philadelphia - 20 months ago
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