Posted in General Business 30+ days ago.
Type: Full-Time
Location: Kansas City, Missouri
About the Bank:
As a part of the nation’s central bank, the Federal Reserve Bank of Kansas City supports a stable financial system. We work across diverse communities throughout our region and nation to foster understanding in our economy, the payments system and financial institutions for people from all walks of life.
Together, we serve the public and each other in an innovative environment that values the highest ethical standards. Here you’ll find support to grow, united in a clear and common purpose with a diverse team.
As a Statistics, Structure and Reserves (SSR) financial analyst, you will directly contribute to the trust and confidence in the nation’s financial system through challenging work assignments and rewarding professional experiences. We focus on personal development and growth, and reward high performance with increasingly complex assignments and promotional opportunities. We provide the opportunity for SSR financial analysts who exhibit strong leadership skills to pursue a management career path.
The Federal Reserve Bank of Kansas City has supervisory and regulatory authority over a wide range of banking institutions and activities within the Tenth Federal Reserve District. SSR collects, analyzes and delivers financial institutions’ statistical and structure data to various users. Recognizing the critical uses of these data, the department strives to establish strong relationships with the people who provide and use statistical and structure data and to consistently deliver the highest quality product.
Key Activities:
• Completing assigned core duties including, but not limited to, collecting and analyzing monetary policy, regulatory requirement, bank / holding company, and structure data. Ensuring data and transactional information are received and delivered in a timely manner and are of the highest quality.
• Responding to inquiries regarding regulatory implications and contacting institutions to resolve problem situations or escalating more complex problems as appropriate including, but not limited to, analyzing and reporting discrepancies.
• Analyzing financial and structure reports by conducting trend and process improvement analyses.
• Participating in department, division or district assignments.
• Providing input on System assignments by providing commentary on draft papers, testing automated systems, and evaluating recommendations and implementation plans. May lead portions of assignments at the direction of the project coordinator.
• Attaining proficiency in basic institutional supervisory / regulatory processes and applications and data analysis tools.
• Completing select Federal Reserve System developed courses and/or on-the-job training to deepen and broaden functional knowledge.
• Understanding the financial condition of different types of institutions and how the condition relates to departmental responsibilities.
• Developing familiarity with related legal documentation and basic regulatory and financial requirements necessary to protect the Reserve Bank.
Qualifications:
• Bachelor’s degree in Accounting, Finance, Business, or closely related field or equivalent combination of education and related work experience; Master’s degree or comparable advanced degree preferred.
• At least one year operational/regulatory banking and financial analysis experience preferred.
• Strong financial, analytical, and problem solving skills preferred.
• Experience with or demonstrated aptitude for data analytical tools preferred.
• Incumbent must be fully vaccinated against COVID-19, unless the Bank grants an accommodation based on a medical condition or sincerely held religious belief.
In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes.
Our Total Rewards programs offers benefits that go beyond the basics featuring:
Market-leading Medical, Dental, and Vision Insurance
Tuition Reimbursement
401k/Thrift Plan
Pension Plan
Flexible Spending Accounts
Life Insurance
Vacation & Personal Time
Paid Holidays
Parental Leave
Adoption Assistance
Onsite Fitness Center (Kansas City location)
Onsite Cafeteria
Additional Convenience Benefits, Discounts and More…
Certain eligibility requirements apply.
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The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Salary: $63,900.00
