Co-Op

Company

Federal Reserve Bank of Boston

Co-Op

The FRBB seeks a graduate co-op to join the Supervisory Research and Analysis unit (SRA).  SRA is an interdisciplinary group of economists, financial markets analysts and specialists, accountants, and research assistants that conduct research and analysis aimed at supporting the FRBB’s supervision and regulation efforts.

SRA staff produce research papers that generally focus on the banking industry and broader credit markets, the impact of micro- and macro-prudential policy on financial markets, and developments that could raise financial stability issues.

Principal Responsibilities

As a graduate co-op, you will have an opportunity to expand your knowledge of banking and financial markets while enhancing your skills in data analysis, market monitoring, and oral/written communications.  Within the banking team, you will collaborate with subject matter experts on outputs including internal memos, briefing materials for senior principals, and longer-term research products.

Areas of focus may include commercial real estate, consumer credit risk and bank health, amongst others.

We will also invite you to attend meetings at the staff, unit and department level focused on market monitoring, project brainstorming and specific risk topics.

 

In addition, you will:


* Contribute to the teams’ monitoring of supervisory and public information related to large global banking institutions including review of bank earnings and financial statements, market analyst notes and official sector reports and publications.


* Set up and maintain key data and analytical tools in Excel (or more advanced databases) with financial sector indicators, bank financial statement and regulatory data and other economic/market data as needed.


* Produce charts and tables for briefing materials, memos and research work using Excel and PowerPoint.


* Develop a basic knowledge of bank capital and liquidity regulatory metrics for U.S.

banks.   

Knowledge and Experience



* Strong analytical and problem-solving skills.


* Strong communication and interpersonal skills, including the ability to work effectively in a team environment.


* Strong interpersonal and collaboration skills, including an ability to foster strong and influential working relationships with a range of colleagues across geographic locations.


* Ability to work independently and take ownership of projects.


* Working knowledge of banking-related risks and operating environment, including lending, capital markets, investment management, etc.


* Completed at least one year of a graduate program in a business-related field (i.e., finance, accounting, economics, legal, business technology-related, etc.)

As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning fin...