Financial Regulatory Reporting Analyst

Company

Federal Reserve Bank of Boston

A leading candidate has been identified however, other applicants will be considered.

Working at the Federal Reserve Bank 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.

It is a challenge that demands the skills of a financial service professional and the intelligence of an academic—all combined with a passion for public service.

This job is eligible for a hybrid schedule with some on-site work expected.

The individual is expected to reside in the 1st District unless you were given an exception.
 

Overview of Team/ Function:

The Statistics Unit at the Federal Reserve Bank of Boston is structured under the Supervision, Regulation, and Credit Department.

We collect and analyze financial data submitted to the Federal Reserve Bank by a variety of institutions, to ensure that the reported data are "reasonable" and fit for their intended use of supporting monetary policy and financial stability efforts.

Data from our unit also are used to develop surveillance models, which our examiners and analysts use to determine the financial condition of banking institutions.
 

We have an immediate opening for a Financial Regulatory Reporting Analyst in the Financial/Regulatory Reports team.  Reporting to the unit Supervisors, you will perform a wide array of financial and business analyses on reported regulatory data and analyze and assess firms' compliance with regulatory reporting standards.

As a Financial Regulatory Reporting Senior Associate, you must maintain a curiosity about data and an analytical thought process that uses tools and experiences to examine data and work with Federal Reserve System peers, management, and external groups on the provisioning and quality of data.

This job description posted is for a Business Analyst, Senior Associate; however, depending on knowledge and experience, the successful candidate will be placed into an appropriate level within the Business Analyst job family (including Business Analyst, Senior Associate, Business Analyst, Senior Business Analyst I).

Responsibilities:


* Provide, with appropriate oversight, financial and business analyses that highlight data issues, and present contextual information that supports the reasonableness of the reported data.


* Recognize, identify, and document data anomalies, trends, and cause-effect relationships to ensure compliance with business policies and regulations and to communicate with multiple stakeholders about needed corrective actions related to data quality and compliance.


* Summarize multiple sources of information concerning data collections and relationships of varying sizes and degrees of complexity to produce well-supported and influential an...