CRMSO Data Specialist

Company

Federal Reserve Bank of Chicago

As approved by the Conference of Presidents (COP), the Federal Reserve System (System) has created a Credit Risk Management Support Office (CRMSO) to facilitate an enterprise approach to activities that support the Credit Risk Management (CRM) business line.

The CRM business line manages credit risk arising from Discount Window lending and Master Account management (overdrafts and overall payment system risk).

The CRMSO, hosted by the Federal Reserve Bank of Chicago, is primarily responsible for leading the development and execution of strategic priorities and initiatives and facilitating enterprise decision-making.

Additional CRMSO function responsibilities include:

• Making decisions as delegated by the Payments Committee and promoting and driving effective decision making to achieve consistent approaches to business delivery.
• Identifying and organizing adequate resources to ensure CRM business groups and initiatives are optimally organized and staffed to support CRM business and technology functions.
• Overseeing, managing, and reporting on the progress of enterprise projects and initiatives.

The Data Analytics Specialist role works closely with business stakeholders to understand their questions and analytical needs and to develop a strategic plan for effective solutions.

The role collaborates with Credit Risk Management IT (CRM IT) to design, develop, and implement business-driven analytical products such as models, reports, workflows, and dashboards.

The role is expected to work closely with business stakeholders and the System’s technology providers to support data integration efforts while ensuring data is secure, accessible, and trusted to inform decision-making.

Deliverables support all levels of the CRM business line at each of the Reserve Banks, the Board of Governors, and executive leadership on the Payments Committee.

Your Responsibilities:


* Develops the strategy for business-driven data analytics products that leverage both structured and unstructured data assets.


* Manages an inventory of data needs and articulates the vision for how data analytics can be optimized for the organization.

Demonstrates a deep understanding of the business concepts underlying assigned data assets.


* Identifies and evaluates (including proof of concept) new analytics solutions and techniques for meeting business objectives.


* Provides advanced enterprise reporting solutions and responds to ad-hoc report requests to support senior executives and CRM business lines in each of the Reserve Banks.  Performs rigorous data analysis to discover business insights.


* Strategizes and plans implementation needs for the business to ensure effective intake processes and adoption of data analytics solutions within the business community.  Coordinates with communications and training partners to support adoption.


* Collaborates with technology partners to enhance data quality ...