Financial Analyst - Financial Stability

Location: Washington, District of Columbia, United States Position Description Minimum Education Bachelor's degree or equivalent experience Minimum Experience 3 years Summary The Financial Analyst participates in technical operations in the area of financial analysis and the evaluation of financial variables and trends. The analyst provides analytical support to economists and other professionals in the System, including financial modeling and analysis and support for evaluation of financial institution or financial market data. Duties and Responsibilities Participates in data collection, selection, interpretation and/or analysis of financial variables relevant to the formulation and conduct of monetary and regulatory policy and financial stability analysis. Supports economists, statisticians, and other analysts in obtaining and manipulating economic, financial, or regulatory data. Performs analysis of financial statements and data from institutional balance sheets. Answers inquiries from senior staff, other agencies, and the general public about financial institution or market issues, financial variable definitions, and related topics. Participates in the development and maintenance of financial models and contributes to complex analyses working across a variety of financial topics and scenarios. Works with other analysts to perform analysis of financial variances and trends. Participates in the calculation of financial metrics to compare financial institutions and markets. Works to develop own professional skills. Position Requirements The FSA section is a team of 6 economists (including the section chief) and 4 research assistants. The section conducts research and policy analysis on financial stability risks arising from financial markets and institutions, and how they affect the provision of credit and other financial services within the broad financial system. This includes an assessment of the systemic risk arising from financial markets and institutions and from the emergence of new products and technologies; studying financial market functioning and the interconnectedness of financial institutions; and understanding the roles of leverage and maturity transformation. Section members work with economists and professionals from other Divisions at the Board and Reserve Banks and are expected to contribute to multi-division and multi-agency efforts to assess the risks posed by particular developments. Position Description: The Financial Stability Assessment (FSA) section is looking for a Financial Analyst (FA) on a two-year term whose primary role will be to participate in technical operations in the area of financial analysis and to serve as a point of contact in our collaboration with the new Financial Stability Research, Data, and Technology Analysis (RDaTA) section. The FA provides technical support to economists in the section, including design, automation and maintenance of data, metadata implementation, storage and delivery solutions, and statistical or financial analysis. The FA will assist section economists in project process management and provide technical leadership and oversight in Research Assistants (RA) work. The FA will also provide assistance as needed to other FSA functions, such as general programming and website maintenance. The successful candidate will work independently and collaboratively with a team of economists and research assistants in the section. The successful candidate will take initiative suggesting and implementing improvements to the existing FSA infrastructure and procedures. Essential Duties: Serve as a data manager in developing, improving, and maintaining data collection and processing pipelines, contributing to complex analysis working across a range of financial topics. Develop and design production-quality code and processes using programming languages such as Python, R, Stata, etc. Work with economic and financial data and increase the visualization of these data as needed. Collaborate with economists to conduct policy analysis, academic research, and develop economic and statistical models. Provide technical leadership and oversight in RAs' work. Required experience and competencies: Successful applicants are expected to have a Bachelor's degree in Computer Science, Data Science, Economics, Mathematics, Statistics, or a related field and a minimum of 3 years of related experience by the start of this position or a master's degree and a minimum of 1 year of related experience for grade FR24, and one more year of related experience for each grade higher. Applicants should be proficient in at least two of the following programming languages: Python, R, or Stata. Applicants are expected to have hands-on experience in working with economic/financial data, and strong knowledge of automation, application development, software support, data management, and/or user experience design. Candidates must have strong/effective verbal and written communication skills. Successful candidates will be curious, creative, willing to take initiative, comfortable collaborating with others with varying degrees of technical knowledge, and able to proactively engage other stakeholders to acquire or gain access to various databases. Additional desirable skills and experience include: Relational database design, implementation, and maintenance using SQL, PostgreSQL, MySQL, etc. Web development using HTML, CSS, JavaScript, Sharepoint, etc. High performance computing. Software development experience. Ability to leverage machine learning, deep learning, and other artificial intelligence applications to process, visualize, and analyze financial data. Knowledge of ArcGIS. The Division of Financial Stability has resumed an in-office presence. Our flexible hybrid work environment requires employees to be physically present in the office a minimum of 2 days per week.

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