Capital Markets Trading Assoc Analyst (Chicago Based)

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York 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.

What We Do:

The Markets Group at the Federal Reserve Bank of New York is central to the formation and implementation of monetary policy for the Federal Reserve System.

The Group consists of multiple departments that fulfill a range of responsibilities including performing open market operations, monitoring and analyzing financial market developments, and managing foreign customer accounts.

Through its analytical and operational areas, the Markets Group:
 


* Manage the size and composition of the Federal Reserve System's balance sheet consistent with the directives and the authorization of the Federal Open Market Committee (FOMC);


* Monitor and analyze global financial markets to inform the formulation and implementation of monetary and financial stability policy.

Update key stakeholders and policymakers within the Federal Reserve System, including regular briefings of the FOMC;


* Implement domestic open market and foreign currency operations on behalf of the FOMC


* Executes lender of last resort operations for the Second District and collateral valuation services to the Federal Reserve System;


* Provide infrastructure and financial services for foreign and international monetary authorities;


* Provide capital market-related fiscal agency services to the U.S.

Treasury; and


* Produce reference rates.

Program Description:

The Rotational Analyst (RA) program is an entry-level analyst program designed to offer a learning experience through the completion of three, one-year long rotations.

On each rotation, RAs will gain exposure to the core operational and analytical activities of the directorate, while gaining a deeper understanding of the directorate's work and how it contributes to the larger goals of the Markets Group.

During the program, RAs will develop a understanding of the Markets Group; hone their analytical skills through on-the-job and formal training; and develop an understanding of the culture of the Markets Group and Federal Reserve System.

RAs that demonstrate exceptional performance may apply for a permanent position in the Markets Group/Bank following the completion of two years in the program.

RAs may experience working on staff units within any of the following directorates: Capital Markets, Central Bank and International Account Services, Cross-Market Monitoring and Analysis, Discount Window and Collateral Valuation, International M...