Full-Time

Business Analyst – Senior II

Posted on 12/26/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Senior

No H1B Sponsorship

Boston, MA, USA

Hybrid schedule with a minimum of 50% onsite work expected; must reside in the Boston District.

US Citizenship Required

Category
Business Research
Project Management
Business & Strategy
Required Skills
Data Analysis
Excel/Numbers/Sheets

You match the following The Federal Reserve System's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Knowledge and experience normally acquired through, or equivalent to, the completion of a Master’s degree in a related field and a minimum of 3 to 4 years of job-related experience.
  • Exceptional analytical and problem-solving skills with demonstrated ability to gather, analyze, synthesize, and identify patterns in data.
  • Demonstrated intellectual curiosity, independent thinking and decision-making abilities with a desire to continuously expand knowledge skill set within areas of expertise.
  • Proficient written and verbal communication skills, including presenting moderately complex business matters for a variety of audiences.
  • Strong attention to detail and ability to manage time to meet daily work stream demands.
  • Ability to understand a variety of established systems and data sets, with knowledge of MS Excel and advanced tools as appropriate to analyze information and perform root cause analysis.
Responsibilities
  • Process workflows and communications for Lending and Reserves activities associated with collateral management, Discount Window lending, and DI account management.
  • Apply strong critical thinking and problem-solving skills promptly and effectively on time-sensitive operational issues and proactively troubleshoot errors.
  • Serve as the central point of contact for Audit-related data requests.
  • Ensure Business Continuity plans are up-to-date and tested with System colleagues on an ongoing basis.
  • Analyze business line issues, applying appropriate logic and fact‐finding skills; identify underlying issues or problems and recognize trends/cause‐effect relationships.
  • Provide guidance and constructive feedback to less experienced staff and peers on projects covering work internal to and external to the unit/department.
  • Continuously expand business line knowledge and identify the implications of, and responses to, changing business conditions.
  • Provide analytical and research support for ad hoc assignments of moderate complexity.
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 financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. It also provides essential financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and maintain a stable financial system, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on digital currency enhances regulatory capabilities.
  • Interest on Excess Reserves aids in effective interest rate management.
  • FedNow system modernizes U.S. payment infrastructure, improving efficiency.

What critics are saying

  • Litigation challenges the Fed's stress-testing framework.
  • Leadership gaps may affect oversight on crypto regulations.
  • Slow FedNow adoption could hinder payment infrastructure modernization.

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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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Pet Insurance

Wellness Program

INACTIVE