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Company Federal Reserve Bank of Richmond
The Richmond Fed is the proud home of the Federal Reserve's National IT organization-a nationwide team delivering technology solutions and support across the Federal Reserve System. Many National IT employees are located in Richmond, while others are based across the U.S. at other Federal locations.When you join our team, you'll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better. Bring your passion and we'll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth. It's all part of what makes #MyRichmondFed a great place to work!About the OpportunityOur National IT Strategy and Planning group has an immediate opening for a Senior Cost Modeling Financial Analyst, reporting to reporting to the Senior Manager for Cost Modeling and Cloud FinOps. As a Senior Cost Modeling Financial Analyst, you will research and analyze data and problems related to financial operations, cloud FinOps, and product management to determine best practices, identify solutions, and develop recommendations to improve current practices. You will provide guidance in identifying, evaluating, and developing effective financial processes and procedures, provide reporting and analysis to assist in executing solutions, and participate in cross-functional teams to address financial or systems issues.What You Will Do:- Perform complex analysis of major business issues and proactively search for and recommend sustainable solutions utilizing established methodology and tools within finance areas.
- Work with clients and other resources to assess current capabilities, identify the high-level customer needs, and recommend business process improvements and sustainable solutions within finance areas.
- Develop cost estimating relationships and design cost estimating methods and models, document assumptions, and provide insights to senior management on investment impacts.
- Proactively review, compile, and analyze detailed and complex statistics and data. Provide guidance and collaboration in completing analysis, information, or process mapping, and/or alignment of the business and related areas. May evaluate root cause and effect into solutions. Lead process improvement and solution discussions and present outcomes to senior management within finance areas.
- Develop and design critical new business processes update existing business processes.
- Be a key participant in cross-functional team initiatives and process improvement projects within finance areas.
- Bachelor's Degree or equivalent experience with 6+ years of relevant work experience.
- Strong fluency with Excel formulas and functions.
- Strong analytical, organizational, and problem-solving skills.
- Ability to present financial information and models in a concise and easily comprehensible manner.
- A full understanding of industry practices and Technology Business Management (TBM) Framework.
- Experience with Tableau and/or other visualization and data management tools.
- Proficient with Agile methodology and scrum framework.
- Great medical benefits
- Pension and 401(k) with employer match
- Paid time off
- Tuition reimbursement
- Employee resource networks
- Paid volunteer leave
- Flexible work options
- Onsite amenities that make working here fun!
- A requirement of this position is that the employee must be fully vaccinated against COVID-19; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.
- Candidates should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
- If you need assistance or an accommodation due to a disability, please notify rich.recruitment@rich.frb.org .
- Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship.
- For candidates located outside of Richmond, VA, the salary range may be adjusted for your geographic location. Salary offered will be based on the job responsibilities and the individual's knowledge, skills, and experience as defined in the job qualifications.