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Financial Analyst II

Company

Federal Reserve Bank of Minneapolis

Looking for an opportunity to contribute in a meaningful way to an organization with a strong reputation? The Federal Reserve Bank of Minneapolis is seeking to fill a financial analyst position in their Credit, Payment System Risk, and Reserves area.

Credit, Payment System Risk, and Reserves serves as a contingency lender in support of financial and economic stability and assists with the implementation of monetary policy.

In addition, the area assesses, and monitors risk arising from the Reserve Bank’s counterparties and determines appropriate risk mitigation strategies.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person.

Onsite work is an essential function of this position, and you are expected to be in the office a minimum of 3 days per week for meetings and team collaboration.

This hybrid schedule is available after the initial training period.

Successful candidates must live in or relocate to the Minneapolis-St.

Paul, Minnesota areas.

Responsibilities:


* Processing lending requests from depository institutions; explaining borrowing procedures and guidelines; managing collateral transactions; advising depository institutions on Federal Reserve account management and performing account maintenance; monitoring the condition of banks in the Ninth District; counseling depository institutions on related policies; and writing and maintaining operating procedures.


* Fielding, researching, and responding to routine-to-moderately complex depository institution inquiries regarding Credit, Payment System Risk, or Reserves policies, procedures and regulations related to the discount window, collateral eligibility, and account management.


* Assisting and leading assignments related to Federal Reserve Emergency Lending Facilities.


* Participating on Federal Reserve System projects, work groups, and special assignments which may require occasional travel.

Additional responsibilities for Level III:


* Coordinating complex projects to develop or implement System policies, practices and programs related to Credit, Payment System Risk, and/or Reserves.


* Researching, building and supporting complex analytical tools/queries to provide management with well supported analysis and conclusions regarding issues or trends.


* Fielding, researching, and responding to complex depository institution inquiries regarding Credit, Payment System Risk, or Reserves policies, procedures and regulations related to the discount window, collateral eligibility, and account management.

Qualifications:

To be considered for the Financial Analyst II level you must meet the following qualifications:


* High School diploma AND six (6) years or more of financial analysis or related experience OR


* Associate degree AND four (4) years or more of financial analysis or relate...




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