Job Description:

Company

Federal Reserve Bank of Minneapolis

Looking for an opportunity to contribute in a meaningful way to an organization with a strong reputation? The Federal Reserve Bank of Minneapolis is seeking to fill a financial analyst position in their Credit, Payment System Risk, and Reserves area.

Credit, Payment System Risk, and Reserves serves as a contingency lender in support of financial and economic stability and assists with the implementation of monetary policy. In addition, the area assesses, and monitors risk arising from the Reserve Bank’s counterparties and determines appropriate risk mitigation strategies.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office a minimum of 3 days per week for meetings and team collaboration. This hybrid schedule is available after the initial training period. Successful candidates must live in or relocate to the Minneapolis-St. Paul, Minnesota areas.

Responsibilities:

• Processing lending requests from depository institutions; explaining borrowing procedures and guidelines; managing collateral transactions; advising depository institutions on Federal Reserve account management and performing account maintenance; monitoring the condition of banks in the Ninth District; counseling depository institutions on related policies; and writing and maintaining operating procedures.


• Fielding, researching, and responding to routine-to-moderately complex depository institution inquiries regarding Credit, Payment System Risk, or Reserves policies, procedures and regulations related to the discount window, collateral eligibility, and account management.


• Assisting and leading assignments related to Federal Reserve Emergency Lending Facilities.


• Participating on Federal Reserve System projects, work groups, and special assignments which may require occasional travel.

Qualifications:

• High School diploma AND six (6) years or more of financial analysis or related experience OR
  


• Associate degree AND four (4) years or more of financial analysis or related experience OR
  


• Bachelor's degree in accounting, finance, or related fields AND two (2) years or more of financial analysis or related experience.


• Strong analytical skills and attention to detail.


• Demonstrates initiative, organizational, customer service, leadership, and problem resolution skills.


• Strong written and oral communication skills and effective interpersonal skills.


• Experience working in a team setting, both as a leader and a participant.


• Ability to manage and adapt to multiple concurrent projects, shifting priorities, deadlines, and informational needs.


• Excellent project management skills, including organization and time management.


• Proficient computer skills in Microsoft Office products. SharePoint experience and strong data query writing skills, such as Tableau, SQL, PowerBI, and others preferred.


• Experience in lending, collateral valuation, banking compliance, risk management or other experience closely related to the functions of Credit, Payment System Risk, and/or Reserves and the applicable business line applications is preferred.

Salary & Benefits:

Salary Range: $62,000 - $77,508 - $93,000
Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.

Our total rewards program offers benefits that are the best fit for you at every stage of your career: 

• Comprehensive healthcare options (Medical, Dental, and Vision) 


• 401(k) match, and a fully-funded pension plan 


• Paid time off and holidays 


• Free public transportation passes 


• Annual educational assistance 


• On-site fitness facility  


• Professional development programs, training and conferences 


• And more… 

The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy. 

Additional Information:

*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. Candidates who are not U.S. citizens must sign a declaration of intent to expeditiously become a U.S. citizen when eligible. 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Accounting/Finance Family Group

Work Shift

First (United States of America)

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.

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