Federal Reserve Board of Governors
Fin Inst Policy Analyst III, LISCC Monitoring and Analysis - Division of Supervision and Regulation (Finance)
Position Qualifications: A bachelor's degree in finance, accounting, business administration, public policy, economics, or
another related field and a minimum of 3 years of related experience, or a master's degree in a
related field and 2 years of related experience.(FR-25), 4 years of related experience, or a master's degree in a related field and 3 years of related experience (FR-26) or 5 years of related experience, or master's degree in a related field and 4 years of related experience (FR-27).
Must be able to fully perform work that requires application of these competencies, in increasingly
complex situations:
Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data
Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or
themes in financial or operational data
Risk Management: The ability to utilize risk management principles to evaluate and mitigate
potential risks
Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of
Reserve Banks or other financial institutions
Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how
financial markets and institutions are impacted by changes in regulations and policy and vise-versa
Knowledge of Relevant Policy: The ability to interpret, apply, and recommend changes as needed to
policies specific to areas of responsibility
Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations
related to areas of responsibility; evaluates the impact of changes in law and/or regulations
Remarks:
The Division of Supervision and Regulation is seeking a highly motivated individual to help with the identification and exploration of new, changing, misunderstood, and underappreciated risks for the largest and most systemically important financial institutions as part of the LISCC Monitoring and Analysis Program (MAP). The position reports directly to a local manager in the LISCC section at the Federal Reserve Board as well as a program manager within the MAP team.
The LISCC supervision program is the Federal Reserve's national supervisory program for the nation's largest and most systemic financial institutions. The program is overseen by the LISCC Operating Committee (OC) and is executed by hundreds of staff from multiple Reserve Banks and the Board, across the core programs of Capital, Liquidity, Governance and Controls (G&C), Recovery and Resolution Planning (RRP), and MAP (together, Core Programs), as well as Dedicated Supervisory Teams (DSTs).
MAP is responsible for gathering and analyzing information and intelligence on supervised institutions and the operating environment from a range of sources within the LISCC Program, the Federal Reserve System, and other external sources. MAP promotes dialogue and discussion of this information and synthesizes it to promote better understanding of how firms and markets are functioning and evolving and which issues may warrant increased supervisory attention. The primary objectives of MAP are to identify emerging risks, guide supervisory prioritization and planning, and provide input into the supervisory decision making process. MAP is overseen by the MAP Steering Committee (SC), including its two co-chairs. The day-to-day activities of MAP are executed by the MAP Program Leadership Group (PLG) and Core Team. These activities include: integrating relevant intelligence and analytics into outputs to the LISCC OC, LISCC Community, and MAP Network, as appropriate; providing direction for ongoing monitoring and analysis; ensuring that the program operates efficiently and generates outputs that appropriately meet stakeholder needs; and overseeing governance of in-depth reviews, along with proposals and execution as appropriate.
The preferred candidate will have strong analytical, written and verbal communication, and interpersonal skills, with the ability to work collaboratively in analyzing and explaining complex topics related to the supervision of systemically important banks.
Principal Duties and Responsibilities:
The staff member would perform the following responsibilities under regular supervision:
The preferred candidate will have: