Sr Financial Institution & Policy Analyst, Digital Innovations Policy - RBOPS

• Senior Financial Institution and Policy Analysts perform the following responsibilities with regular guidance:
• Perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives
• Prepare and deliver clear, accurate and concise communication orally and in writing
• Share information and make recommendations regarding projects and work for Section/Project Teams/Division or external stakeholders
• Serve as primary contributors and may lead projects or teams in the accomplishment of work
• Provide guidance to junior or new staff
• Represent the Section or Division on group projects or task forces
• Advise senior staff and managers
• Develop areas of domain expertise
• Senior Financial Institution and Policy Analysts at the Federal Reserve Board may play many roles related to their jobs. They are responsible for a combination of the following roles:
• Data Analysis
  
  • Produce charts, graphs, and other visuals to help analyze data
  • Identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data
  • Identify data that can be used to analyze policy
• Examination and Supervision
  
  • Participate in and/or lead examinations and/or reviews
  • Support and implement supervision and/or oversight policies and programs
• Financial Analysis
  
  • Perform analyses of financial, regulatory, and compliance data and information in support of Division/Section's area of responsibility
  • Clearly present analyses of financial, regulatory, and compliance data
  • Identify relevant issues and trends and draw conclusions through analysis of financial, data
• Policy
  
  • Interpret and/or implement policy, regulation, and/or guidance regulatory, and compliance
  • Draft policy recommendations supported by logical reasoning and sound analysis
• Risk Management
  
  • Identify and analyzes emerging risks in financial institutions and markets, and/or for consumers and communities
  • Apply appropriate risk management frameworks and policies to support oversight of financial institutions
• Consumer and Community Affairs (DCCA): Financial Institution Policy Analysts perform analyses related to consumer-focused supervision, research, and policy analysis across the Federal Reserve System. They may participate in studies or projects which focus on financial institution compliance with consumer protection laws and regulations, identifying risks of and protecting from consumer harm, and providing oversight of and guidance for Reserve Bank consumer-focused supervision. They also prepare memoranda to keep the Board, Division Management, and the System informed on developing trends and issues in consumer protection and community development.
• Monetary Affairs (MA): Senior Financial Institution and Policy Analysts develop and design analysis independently with broad administrative guidance while working with and possibly leading counterparts throughout the Board to execute the Division’s responsibilities pertaining to: monetary policy implementation; the tools of monetary policy; money, reserve, and bank credit aggregates; analysis of financial institutions and markets; and Federal Reserve System operations.
• Reserve Bank Operations and Payment Systems (RBOPS): Senior Financial Institution and Policy Analysts identify options, assess trade-offs, measure outcomes, and develop consensus related to novel and complex projects involving Federal Reserve Banks’ policies, operations, compliance, and information management; systemically important financial market infrastructures (FMIs); payment, clearance, and settlement (PCS) activities; and the broader financial and payment systems. They regularly collaborate with staff from the Federal Reserve System, other domestic and international authorities, and international standard-setting bodies. Projects include those that ultimately lead to decisions by the Board; Board Committees, notably the Committee on Federal Reserve Bank Affairs (BAC) and the Payments System Policy Advisory Committee (PSPAC); and senior Division and Reserve Banks’ management.
• Supervision and Regulation (S&R): Senior Financial Institution and Policy Analysts perform in-depth analyses related to banking supervisory or regulatory activities involving complex and sensitive issues. They participate fully in, and may conduct, special studies or projects related to financial institution supervision and regulation, and identify problems or potential problems in the banking system or individual banking organizations. They also prepare memoranda to keep the Board, Division management, and the Division Oversight Committee informed on developing trends and issues in the financial environment.

Position Description:

FR-26 Senior Financial Institution and Policy Analysts work under regular guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the primary contributor and may lead projects and teams and often represent the Section or Division on projects and task forces. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders.

FR-27 Senior Financial Institution and Policy Analysts work under limited guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the project or team leader for Section, Division, Board, or system initiatives. May also serve as Board liaison or representative in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Act as recognized domain experts within the Division.

FR-28 Lead Financial Institution and Policy Analysts work with a high degree of independence to design, lead, and perform complex quantitative and/or qualitative analyses in support of Board mission, Division goals, and Section objectives. Serve as Board liaisons or representatives in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Provide guidance and mentorship to new or junior staff, and act as subject matter experts to contribute to and advise on analyses and discussions across the Board of Governors. Lead Financial Institution and Policy Analysts prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders and act as a recognized domain expert for the Board.

Position Requirements:
FR-26 requirements: A bachelor’s degree and 5 years of related experience.
FR-27 requirements: A bachelor’s degree and 6 years of related experience.
FR-28 requirements: A bachelor’s degree and 8 years of related experience.

Remarks:

The Digital Innovations Policy team examines emerging issues at the nexus of technology and payments, clearing, and settlement – most notably related to digital assets. These issues include the changing nature of money and payments platforms in an increasingly digital environment; the potential benefits and risks associated with digital assets such as stablecoins and other digital currencies; the potential effects of artificial intelligence (AI) on payments; and the supervisory and regulatory framework for emerging payments platforms, activities, and institutions.

The analyst will lead or contribute to a broad range of digital asset-related initiatives. This could include analysis of standards for interoperability between payment stablecoin issuers and the digital asset ecosystem and analysis of the stablecoin market.

The analyst will also contribute to quantitative and qualitative policy research and analysis on digital assets, distributed ledger technology, AI, and other topics at the intersection of technology and payments, which includes drafting policy communications and participating in engagement with private and public sector stakeholders.

A writing sample may be requested.

This position is located in Washington, D.C. and will require on-site presence. Some travel may be required.