Business Analyst, Sr Associate

Full Time

  • No Travel Required

Job Description

Federal Reserve Bank of Boston

Working at the Federal Reserve Bank 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. It is a challenge that demands the skills of a financial service professional and the intelligence of an academic-all combined with a passion for public service.

A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.

This job is eligible for a hybrid schedule with some on-site work expected.

Federal Reserve Bank of Boston is seeking a Sr. Associate Business Analyst to join its Regional & Community bank supervision group. The Regional & Community (R&C) banking unit is organized under the Supervision, Regulation, and Credit Department and is responsible for ensuring compliance with laws and regulations and for assessing the safety and soundness of bank holding companies and state chartered banks that are members of the Federal Reserve. The Senior Associate Business Analyst has a number of basic business analytical responsibilities that include, but are not limited to, maintaining and executing key R&C examination and inspection scheduling activities to ensure that the scheduled examinations and inspections comply with established System requirements. Additional responsibilities include providing analytical and functional support for Exam Logistics' Team operations.

Job Responsibilities:
  • Working effectively with the primary scheduler, and with some oversight, the analyst conducts the Safety & Soundness and Consumer scheduling activities to effectively and efficiently meet the System's examination and inspection mandates. The scheduler maintains the schedule on a rolling basis armed with a working knowledge of R&C scheduling framework and related System guidance, as well as a basic understanding of the bank examination process. This includes making tactical scheduling decisions, including the assignment of examiners to examinations/inspections depending upon the needs of the job (e.g., complexity of the organization), examiner availability, development needs, etc., consistent with the framework.
  • May require analysis of data from scheduling and time reporting systems. The analyst would be expected to identify minor issues and work collaboratively with other stakeholders to develop recommendations for resolution.
  • Additional responsibilities include functional operational support for the Exam Logistics team including performing quality reviews, responding to audit requests, creation of reports from system scheduling and timekeeping tools, and developing and maintaining budgetary tracking spreadsheets.
  • May be assigned to participate as a team member on ad hoc projects, supporting overall project plans and deliverables while managing all other workflows with periodic input from supervisor to meet milestones.
  • With oversight, prepare clear and concise written work products, and deliver verbal analysis and recommendations to peers, staff, and management.
  • Advance and support diversity and inclusion efforts and encourage diverse perspectives and approaches.
  • Other duties as assigned.

Required Qualifications:
  • Knowledge and experience normally acquired through the completion of a Bachelor's degree and a minimum of 2 years of related work experience, or an equivalent combination of education and experience.
  • Demonstrated ability to work with data and develop effective written and visual communications, as well as proficiency in associated software.
  • Demonstrates ability to adjust to new and different priorities, with some oversight when guidance is unclear or lacking.
  • Solid problem solving and analytical skills, self-motivated, very organized, detail-oriented and a team player.

The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

Full Time / Part Time
Full time

Regular / Temporary

Job Exempt (Yes / No)

Job Category

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.

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