Posted in Finance 30+ days ago.
Type: Full-Time
Location: Boston, Massachusetts
We are seeking leaders to set the vision, strategy, values, and priorities that enable FRFS to achieve its mission. Our leaders must demonstrate a strategic, action-oriented mindset focused on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. To achieve our vision for a people-focused organization with a strong collaborative and innovative culture, we expect our leaders to champion an inclusive environment and demonstrate our values in how we work and interact with each other and our broader community.
The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow Service. This service enables financial institutions to provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of this mission-critical Federal Reserve initiative that is transforming the payments landscape in the United States.
Candidates that live near one of our Reserve Bank locations will be provided some work from home flexibility. Rules for hybrid work arrangements differs from Bank to Bank and should be discussed during the interview process.
As a member of the FedNow Fraud Protection team, you will participate in statistical and mathematical initiatives to predict future outcomes through the application of analyzing data and responding to fraud attacks. Key responsibilities include evaluating situational threats and threat trends, performing ongoing analytics, and presenting recommendations to senior leadership. Applies statistical methods to characterize uncertainty using large, complex datasets. Assists with deploying data mining techniques to refine models that optimize decisions and improve scalable and reusable data mining solutions and capabilities that support the FedNow fraud program. Collaborates on methods for transforming data into actionable information. An ideal candidate excels in a highly productive environment and manages multiple tasks to meet expected deadlines.
What you'll do:
What you have:
The Federal Reserve System is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
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.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
Best Buy Health
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Best Buy Health
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Best Buy Health
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Federal Reserve Bank (FRB)
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Federal Reserve Bank (FRB)
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Federal Reserve Bank (FRB)
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