Markets Specialist Visa Sponsorship Available

Job Description

JOB DESCRIPTION

Federal Reserve Bank of Boston

This job qualifies for a hybrid schedule, with some on-site work expected. Unless you have been granted an exception, the individual is expected to live in the first district.

The Federal Reserve Bank of Boston is looking for a team-oriented Markets Specialist to join the LISCC Monitoring and Analysis Programme (MAP). MAP is the focal point for risk detection and analysis within LISCC Supervision, the Federal Reserve System’s (FRS) national supervisory programme for the country’s largest and most systemically important financial institutions. The MAP monitors and analyses specific risks among LISCC enterprises in order to assist supervisory planning, prioritisation, and policy decisions. In carrying out its tasks, the MAP collects and synthesises information from LISCC Supervision businesses and works closely with colleagues within the FRS.

The Market Specialist deliverables include both quick and in-depth analyses that fully leverage the MAP’s vast access to supervisory information, data, and experts across the FRS. The topical orientation is broad and flexible, covering all of the potential credit, market, liquidity, operational, and other risks that LISCC Supervision businesses face. As a result, the analytical process emphasises extensive and consistent consultation with experts throughout LISCC Supervision and the FRS. Analytical deliverables are integrated into a range of internal procedures that aid in the LISCC Program’s risk prioritisation, analysis, and policy development.

The position and job description are for a Market Specialist; however, candidates will be assigned to the appropriate level within the Specialist job family based on their degree of experience.

Principal Responsibilities:

The desired applicant will use excellent analytical, collaborative, and communication abilities to identify and assess emerging risks in the supervision of LISCC institutions. The responsibilities include, but are not limited to:

• Identify and analyse financial and non-financial risks in close coordination with FRS colleagues, leveraging the MAP’s vast access to supervisory intelligence, data, and other information sources.
• Work with MAP colleagues to guide intelligence collection operations at LISCC Supervision businesses so that new risks may be identified, understood, and responded to in a timely manner.
• Analytical work should be presented and shared on a regular basis to improve risk identification, assessment, and policy initiatives.
• Contribute to MAP Core Team activities in a variety of areas as needed (such as technology, communication, and engagement tactics).
• Create and engage a large network of LISCC Supervision and FRS contacts to help inform developing risk assessments and improve its influence on supervisory planning, examination, and policy activities.

Knowledge and experience:

• Exceptional analytical and problem-solving abilities, including the capacity to analyse difficult topics and integrate new information and views.
• Strong written, verbal, and data communication abilities, as well as the demonstrated ability to synthesise complicated themes for a wide range of audiences.
• Strong interpersonal and collaborative abilities, including the ability to build strong and influential working connections with colleagues from various geographic areas, LISCC Programmes, and FRS functions.
• Strong organisational and self-management skills, as demonstrated by the ability to take initiative and ownership of assignments, create high-quality outcomes under tight time limitations, either as an individual or as part of a team, and work successfully in the face of quickly changing priorities.
• Knowledge and expertise are often obtained through, or equivalent to, the completion of a Master’s degree or several years of financial industry, economics, or regulatory work experience, particularly in analytically-oriented professions; additional qualifications such as CFA are also considered.
• Deep or extensive understanding of banking risks and the operating environment, including lending, capital markets, investment management, processing, and other activities.
• Familiarity or shown ability to understand bank supervisory topics such as capital, liquidity, governance and controls, and resolution and recovery.
• Longer working hours may be required.
• Periodic travel with overnight stays may be required. Travel will often include face-to-face meetings with the MAP Core Team as well as occasional visits with the DSTs or Programmes.

The Federal Reserve Bank is dedicated to creating a diverse, equitable, and inclusive workplace and offering equal employment opportunities to all people, regardless of race, colour, religion, national origin, gender, sexual orientation, gender identity, age, genetic information, disability, or military service.

This employment requires access to confidential supervisory and/or FOMC information, which is only available to “Protected Individuals” as defined in US federal immigration law. Protected Individuals include, but are not limited to, US citizens, US nationals, and US permanent residents who are either not yet eligible for naturalisation or have applied within the required deadline. Candidates who are not US citizens or permanent residents may be eligible for this position’s information access and sponsorship for a work visa, followed by permanent residence, if they sign a declaration of intent to become US citizens and meet other eligibility requirements.

All personnel assigned to this position will be subject to FBI fingerprint/criminal background checks, as well as Patriot Act/Office of Foreign Assets Control (OFAC) watch lists, at least once every five years. All candidates must go through an expanded background check and follow all applicable information handling standards.

The statements above are meant to describe the overall nature and scope of work required for this position. They are not intended to represent a full list of all duties, responsibilities, or skills associated with this post or the persons so designated. While this job description is intended to accurately reflect the role, management has the right to alter it or any other job description at any time.

Full-Time or Part-Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes/No)

Yes

Job Category

Work Shift

First (United States of America).

The Federal Reserve Banks believe that employee diversity and inclusion are vital to our organization’s performance, and we strive to hire, develop, and retain the best candidates from a diverse pool. The Federal Reserve Banks are committed to providing equal employment opportunities to all employees and job applicants in accordance with existing laws, as well as to creating an atmosphere in which employees are respected for their differences.