Banking Analyst I / II - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is part of the nation’s central bank and we’ve provided many opportunities for professional growth during our history.

We’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

The Federal Reserve Bank of Cleveland serves the Fourth Federal Reserve District, which comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It is one of 12 regional Reserve Banks that, together with the Board of Governors in Washington DC, make up the Federal Reserve System, the central bank of the United States.

The Bank’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payments systems to promote optimal economic performance across the country and within the Fourth District.

This position supports two applications for the Credit Risk Management national business line. One is a reporting and analytical application used by all districts and the Board of Governors to inform operations, monitoring, and decision-making and the other is used to support the ongoing operations of a Federal Reserve liquidity facility.

Technical responsibilities include:

• Interface development, maintenance, and support, such as building, maintaining, testing, and securing interface objects and reporting tools built in a variety of application types (Excel, Access, Tableau, SharePoint, etc.)
• Database development, maintenance, monitoring, and support, such as building, maintaining, testing, and securing database objects such as tables, views, stored procedures, functions, and SSIS load packages
• Compliance activities, such as documenting and maintaining procedures and user guides

Required soft skills include a strong ability to:

• Work collaboratively with others to diagnose and fix problems
• Have a continuous learning/improvement mindset
• Deliver effective written & verbal communications
• Maintain composure operating under tight deadlines
• Have a patient and adaptive mindset to adjust to changing business needs

Education and Experience

• Banking Analyst I: Bachelor's Degree in Accounting, Finance, Mathematics, Economics, or related field.
• 5+ years of related work experience required.
• Banking Analyst II: Bachelor's Degree in Accounting, Finance, Mathematics, Economics, or related field.
• 7+ years of related work experience required.

Knowledge and Skills

• Advanced ability to perform independent research and develop creative and innovative insights/solutions
• Advanced knowledge of Microsoft Office (e.g. Excel, Word, Access)
• Advanced knowledge of statistical packages (SQL, SAS)
• Advanced knowledge of project management
• Advanced knowledge of regulations, procedures and practices of quantitative models
• Advanced problem solving and analytical
• Advanced specialized economic, management, and computer science skills
• Advanced data querying, data visualization, data mining, and regression analysis
• Advanced presentation
• Advanced public speaking
• Advanced written and verbal communication
• Advanced critical thinking
• Advanced strategic thinking/planning

To apply please provide:

• Resume
• Coding sample

Physical Demands and General Working Conditions

Traditional office environment: Employees typically sit most of the day, work with a computer and may answer/respond to phone calls. Physical movement consists of walking for meetings, breaks, etc. Ability to lift items weighing approximately 20 pounds on a limited basis is required. Addendum as needed: Employees may be required to travel by car/air.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Bank Examination

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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