Posted in General Business 30+ days ago.
Type: Full-Time
Location: New York, New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.
What we do:
The New York Fed, on behalf of the Federal Reserve System, offers correspondent banking and custody services to foreign central banks and international monetary authorities (FIMA) and the System Open Market Account (SOMA) to facilitate their official financial operations, as well as support financial stability operations in the U.S. and abroad. The Central Bank and International Account Services (CBIAS) area of the New York Fed's Markets Group serves the U.S. dollar reserve management needs of its official customers by offering payments, custodial, clearing and settlement, collateral management, and investment and liquidity services. CBIAS has a long history of providing safe and efficient banking services to its customer base by fulfilling a range of responsibilities by managing over $7 trillion for FIMA customers and SOMA with transaction volume presently exceeding $300 billion per day. CBIAS maintains two operating locations, in New York City and Richmond, Virginia.
The Foreign Settlement Services (FSS) staff is one of four staff units within the Settlement, Clearing and Collateral Management (SCCM) Directorate in CBIAS. The SCCM Directorate is responsible for executing all trade support services for SOMA market operations and FIMA accounts activities. We are looking for a Market Operations and Analysis Analyst for the FSS staff, to perform a variety of business and operational activities in providing confirmation, clearing, settlement, and payment services to support FIMA customers. We offer a unique blend of business analysis, process re-engineering and collaboration with business and technical support areas to develop and incorporate solutions to improve the execution of business processes. You will demonstrate your unique blend of operations, analytical and technical skills in this position.
Your role as Market Operations and Analysis Analyst:
Gain an understanding of the clearing and settlement services business with a focus on performing settlement operations, resolving issues, and addressing inquiries/needs of foreign central banks, international agencies, and the SOMA's Open Market Operations Desk.
Work with staff and management to analyze existing processes or to develop new ones (through the use of automation for example) to increase efficiency of activities and reduce operational risk.
Develop an understanding of the systems that support the operation to troubleshoot operational issues and communicate our requirements in the context of these systems when participating in efforts with technical support staffs.
Provide support to FSS, CBIAS and Markets Group projects as they arise by participating and contributing to meetings, advocating our needs, communicating issues, and working with different parties.
Develop an understanding of FOMC policy directives, Treasury and Board authority that govern financial transactions and how these affect CBIAS services to internal and external customers and stakeholders.
Gain an understanding of operational risk within business processes and services provided, and of the controls in place to mitigate risk.
What we are looking for:
Foundational experience in performing operational and analytical responsibilities under time pressure with a high degree of accuracy and strong attention to detail.
Possess interpersonal skills and ability to interact and collaborate effectively with team members, peers, senior management, and external parties.
Ability to work independently with general supervision, and support projects/processes.
Some experience with data analytics and visualization tools.
Relative knowledge of project and process management.
Salary Range: $75000 - $95000 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
Fully paid Pension plan and 401k with Generous Match
Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
Subsidized Public Transportation Program
Tuition Assistance Program
Onsite Fitness & Wellness Center
And more
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.
We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Be aware of potentially fake online job postings that claim to be from the Federal Reserve. Always verify and apply to jobs on the Federal Reserve System Careers webpage.
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.
|
Best Buy
|
|
Best Buy
|
|
Best Buy
|
