Market Operations and Analysis Associate job vacancy

Vacancy expired!

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.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do:

The New York Fed, on behalf of the Federal Reserve System, offers correspondent banking and custody services to foreign and international monetary authorities (FIMA) and the System Open Market Account (SOMA) to facilitate their official financial operations, as well as supporting financial stability in the U.S. and abroad. The Central Bank and International Account Services (CBIAS) area of the New York Fed's Markets Group serves the U.S. dollar reserve management needs of its official customers by offering payments, custodial, clearing and settlement, collateral management, and investment and liquidity services. CBIAS has a long history of providing safe and efficient banking services to its customer base by fulfilling a range of responsibilities to help manage over $7 trillion for over 550 accounts across 250 FIMA customers and SOMA with transaction volume presently exceeding $300 billion per day. CBIAS currently runs a split operation with staff located at two locations, New York City and Richmond, Virginia.

The Settlement, Clearing and Collateral Management (SCCM) Directorate within CBIAS oversees all clearing and settlement services for SOMA market operations and FIMA accounts activities, and collateral management services. The Clearing and Settlement Service (CSS) business line of CBIAS is looking for an Associate to perform a variety of business and operational activities in providing confirmation, clearing, settlement, and payment services to support FIMA customers. We offer a unique blend of business analysis, process re-engineering and collaboration with business and technical support areas to develop and incorporate solutions to improve the execution of business processes. You will demonstrate your unique blend of operations, analytical and technical skills in this position.

Your role as a Market Operations and Analysis Associate :

Develop greater familiarity in understanding the clearing and settlement services business with a focus on performing settlement operations, resolving issues, and addressing inquiries/needs of foreign central banks, international agencies, and the SOMA's Open Market Operations Desk.
Monitor evolving industry landscape and work to incorporate best practices into business processes to increase efficiency and reduce operational risk.
Develop an understanding of the systems that support the operation, positioning oneself to contribute to a wide range of initiatives such as the development of business requirements for system enhancement.
Provide support to enhancing the analytical capacity of the function by developing queries to help the data driven decision making process.

What we are looking for:

Demonstrated aptitude for performing operational and analytical responsibilities under time pressure with a high degree of accuracy and strong attention to detail
Strong interpersonal skills and ability to interact and collaborate effectively with team
members, peers, senior management, and external parties
Works independently with limited supervision, and may manage projects/processes
Strong experience with data analytics and visualization tools
Demonstrated knowledge of project and process management

Benefits:

O ur organization offers benefits that are the best fit for you at every stage of your career:

Fully paid Pension plan and 401k with Generous Match
Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
Subsidized Public Transportation Program
Tuition Assistance Program
Onsite Fitness & Wellness Center
And more

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

The successful candidate must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an exemption based on a medical condition or sincerely held religious belief.

This is not necessarily an exhaustive list of all responsibilities, duties , performance standards or requirements , efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Please note that the position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.

In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.

Full Time / Part Time Full time

Regular / Temporary Regular

Job Exempt (Yes / No) Yes

Job Category Markets

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.

Privacy Notice

ID: #38669393
State: Virginia Richmond 23173 Richmond USA
City: Richmond
Salary: USD TBD TBD
Job type: Permanent
Showed: 2022-04-14
Deadline: 2022-06-12
Category: Et cetera