Job Information
Federal Reserve System Market Intelligence Associate in East Rutherford, New Jersey
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.
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:
International cash distribution, market analysis, and customer relationship management is a strategic business line of the Federal Reserve System, managed by the Global Currency Programs & Services (GCPS) department of the Federal Reserve Bank of New York. The GCPS department leads the Federal Reserve’s role in the global distribution of over $200 billion U.S. dollar banknotes annually. The Market Intelligence team of the GCPS department monitors developments in the wholesale USD banknote market, produces analytical products on the use and flows of U.S. dollars banknotes overseas, and works with a variety of internal and external stakeholders on policy and operational issues related to the international wholesale U.S. dollar business.
Your role as Market Intelligence Associate:
· Provides real-time monitoring and analysis of developments in the global USD wholesale banknote market to identify risks to market functioning and sanctions compliance.
· Provides subject matter expertise to FRBNY and Federal Reserve System (FRS) workstreams by following international financial and economic developments, as well as geopolitical events, to fill in intelligence gaps and support policy discussions.
· Develops and maintains working relationships with market participants and industry contacts.
· Collaborates with Compliance Function on investigation efforts, gathers and analyzes data, develops structured and ad hoc analytical products for FRS stakeholders and US government agencies.
What we are looking for:
·Seasoned professional independent contributor with a background in macroeconomic analysis, intelligence, international relations, or equivalent work experience.
·Demonstrated understanding of fundamental macroeconomic principles and international financial market analysis.
·Strong quantitative and analytical skills and the ability to explain complex topics clearly and succinctly is paramount, must have expertise in presenting analysis visually (Tableau).
· Excellent writing abilities, including experience preparing written reports, presentations, briefings, or recommendations for management.
· Foundational ability to construct and maintain databases to automate and improve the analysis and monitoring of data from multiple sources.
· Basic proficiency with at least one statistical programming language (e.g., Stata, R) and familiarity with extracting data using SQL.
Basic comprehension of BSA/AML compliance.
Salary Range: $116500 - $144200 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions .
Our Touchstone Behaviors —Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more. (https://www.newyorkfed.org/careers/touchstone-behaviors)
Benefits:
Our 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 (https://www.newyorkfed.org/careers/benefits_health.html)
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. (https://www.newyorkfed.org/aboutthefed/ethics-conflicts-of-interest)
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, pregnancy, or military service.
We value accessibility for all candidates and are happy to provide an accommodation or assistance . Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist _applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box. _
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.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Analytical
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 (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.