Full-Time

Project Analyst II

Posted on 11/7/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Junior, Mid

No H1B Sponsorship

Dallas, TX, USA

Hybrid role requiring some onsite work at the Federal Reserve location.

Category
Project Management
Business & Strategy
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree, with a major in Project Management, Business, or related field is preferred.
  • 1-3 years of experience in the area of project management or related discipline.
  • Basic to intermediate experience with understanding and applying project management concepts and disciplines.
  • Experience effectively preparing, conducting, participating in and following up on business meetings.
  • Experience with researching topics and gathering data.
  • Intermediate experience in MS Word, Excel, Project, PowerPoint, and SharePoint.
  • Must be highly organized, detail oriented and able to quickly learn new technical concepts.
  • Must be action-oriented and have demonstrated initiative in completing and taking on new assignments.
  • Knowledge and ability to use and administer company technology practices, standards and procedures.
  • Experience with Federal Reserve system projects or work teams a plus.
  • Experience with creating and/or maintaining electronic collaboration resources a plus.
  • PMP (Project Management Professional) or CAPM (Certified Associate in Project Management) a plus.
  • Knowledge of Project Management body of Knowledge (PMBOK) concepts and principles is a plus.
  • Knowledge of the Federal Reserve System Technology Project Standards is a plus.
  • Basic understanding or experience with budget and accounting principles is a plus.
  • Experience managing projects related to construction, facilities management, technology solutions, and cloud applications is a plus.
  • Equivalent education and/or experience may be substituted for any of the above requirements.
Responsibilities
  • Coordinate the Investment Review Committee (IRC) project submission cycle and support the IRC Support team which consists of subject matter experts related to reviewing projects (Budget, Accounting, and Procurement).
  • Coordinate with support team to ensure accuracy of project reports and compliance with Bank policies.
  • Review IRC project proposals for completeness and analyze for appropriate-ness and accuracy.
  • Provide primary coordination of the monthly monitoring process for current IRC projects and critical initiatives, including facilitating updates with project managers, asking detailed project questions, reviewing with appropriate staff, and compiling the monthly updates.
  • Ensure reporting to senior management is accurate, timely, and consistent.
  • Help design, implement, and maintain a standard approach to project/program management guidelines and serve as a change agent for continuous improvement in project/program management practices.
  • Apply project management knowledge, skills, tools, and techniques to support the Bank’s project managers and drive the development and application of project management methodology and culture.
  • Help ensure that Bank project/program management processes and tools are suitable to deliver results predictably and effectively at the project and program level.
  • Perform research on emerging or evolving project/program management trends both in the System and in the industry with moderate supervision.
  • Maintain PMO project artifact templates such as charters, risk registers, etc.
  • Host and facilitate funding meetings, lessons learned sessions and periodic training sessions with project managers.
  • Create and maintain electronic forums for creating, collecting, organizing and sharing project information with stakeholders and senior management.
  • Facilitate communication among the team including tracking and monitoring action items and deliverables.
  • Provide support to project managers to evaluate project/program readiness, conduct project/program health reviews and assessments, and assist with compliance and adherence reviews.
  • Develop partnership with project managers and leadership to help ensure successful delivery of projects through adherence to processes and tools.
  • Participate in System workgroups related to project and program management.
The Federal Reserve System

The Federal Reserve System

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The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and ensuring financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. The Federal Reserve also supervises and regulates banks and bank holding companies to maintain a safe and sound banking system. Additionally, it provides financial services to banks and the U.S. government, acting as a bank for banks. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its economic goals. The primary goal of the Federal Reserve is to foster a healthy economy and a stable financial system, which ultimately benefits the public.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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Simplify's Take

What believers are saying

  • FedNow system enhances operational efficiency and customer satisfaction.
  • Successful 2024 bank stress tests bolster confidence in regulatory frameworks.
  • Proactive regulatory enforcement enhances reputation as a regulatory authority.

What critics are saying

  • Increased regulatory scrutiny may affect reputation and operational focus.
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What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It plays a crucial role in formulating national monetary policy.
  • The Fed supervises and regulates banks and bank holding companies.

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