Financial Analyst

Company

Federal Reserve Bank of St.

Louis

The Credit Risk Management & Reserves Administration (CRMRA) function performs central bank services for Depository Institutions across the Eighth District.

Details of CRMRA’s role can be found on the St.

Louis Fed website and include:

• Make loans to Depository Institutions (DIs) through the Discount Window to promote the smooth functioning of the payment system and help relieve liquidity constraints in the banking system
• Support emergency lending programs during times of crisis
• Establish master accounts (e.g., bank accounts) for eligible financial entities seeking to use Federal Reserve financial services
• Minimize credit risk to Federal Reserve financial services by monitoring master accounts for overdraft activity
• Monitor collateral pledged to the St.

Louis Fed to secure loans and payment transactions
• Monitor the regulatory, capital, and liquidity status of DIs eligible to access loans from the St.

Louis Fed and those using Federal Reserve payment services

As our Financial Analyst, reporting to a Manager in the CRMRA unit, you will support the core business activities of the Bank’s CRMRA function.

You will work on-site four days per week in our St.

Louis or Memphis office.

Responsibilities


* Underwrite and disburse Discount Window loans in accordance with Reserve Bank and System lending standards 


* Ensure loans and payment services are secured with sound collateral by participating in collateral inspections or processing pledged commercial and consumer loans


* Assess the risk exposure levels of DIs by monitoring their regulatory ratings, capital ratios and liquidity status


* Monitor DIs for conformance with the Federal Reserve’s Payment System Risk (PSR) Policy


* Oversee the administration of interest on Reserve Accounts in compliance with System guidance


* Support implementation and adjust processes to align with objectives from the Credit Risk Management Support Office and Reserves Business Office


* Support other Credit Risk Management and Reserves System initiatives as needed


* Perform other duties, as assigned

Qualifications


* Bachelor’s degree in business administration, finance, accounting or similar fields of study or commensurate experience


* 1-3 years relevant experience


* Experience in communicating technical topics in simple and concise terms to internal and external parties


* Ability to work on a team with continuous collaboration


* Travel (