Quantitative Analyst

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more.

All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

The Quantitative Supervision and Research/Risk and Surveillance Unit (QSR/R&S) within the Supervision, Regulation, and Credit Department of the Federal Reserve Bank of Richmond has an immediate opening for a Quantitative Analyst.

QSR/R&S is responsible for using quantitative analysis and research for banking supervision across the 5th District and the Federal Reserve System.  We are looking for a candidate to join a collaborative team of quantitative analysts, financial economists and supervision analysts.

The successful candidate will be responsible for wrangling, analyzing, visualizing, and modeling banking and supervisory data.

The candidate will also contribute to the examination process, outreach efforts, and Federal Reserve System projects related to a variety of quantitative topics.

Salary and benefits are competitive, and hybrid work arrangements are available.

The primary location for this role is Richmond, VA and the secondary location is Charlotte, NC.

With your application, please submit a resume and 2 – 3 coding samples.

Coding samples are most helpful if they are solo-authored and represent R, Python, SAS, or Stata solutions.

What You Will Do:


* Conduct analysis on financial and non-financial risks at community, regional, and large financial institutions.


* Collect, manipulate, and analyze banking and financial data from large databases and apply statistical analysis as appropriate.


* Design and manage quantitative tools and models and large and complex datasets utilizing tools such as R, Python, SAS, Stata and a High Performing Cluster Computer Environment.  When required, learn additional software packages and database systems.


* Determine appropriate metrics to convey trends and risks related to current and emerging supervisory issues.


* Provide regular briefings of current issues to all levels of management, interact with stakeholders of community, regional, and large banks, other regulatory agencies, and industry.


* Become well informed on potential changes to important accounting rules, laws and regulations, and supervisory policies.
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