Markets Specialist - Boston, United States - Federal Reserve Bank of Boston

Mark Lane

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Mark Lane

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Description
Company

Federal Reserve Bank of Boston

This job is eligible for a hybrid schedule with some on-site work expected. The individual is expected to reside in the 1st District unless you were given an exception.


The Federal Reserve Bank of Boston has an opening for a team-oriented Markets Specialist to join the LISCC (Large Institution Supervision Coordinating Committee) as a member of the LISCC Monitoring and Analysis Program (MAP).

MAP is a focal point for risk identification and analysis within LISCC Supervision, the Federal Reserve System's (FRS) national supervisory program for the nation's largest and most systemically important financial institutions.

The MAP monitors and analyzes select risks among LISCC firms to inform supervisory planning, prioritization, and policy making.

In executing its responsibilities, the MAP gathers and synthesizes information from LISCC Supervision firms and collaborates extensively with colleagues across the FRS.


The Market Specialist deliverables include brief and in-depth analysis that fully deploy the MAP's extensive access to supervisory intelligence, data, and experts throughout the FRS.

Topical orientation is broad and flexible, covering the full range of potential credit, market, liquidity, operational and other risks facing LISCC Supervision firms.

Because of this, the analytical process emphasizes thorough and consistent engagement with experts throughout LISCC Supervision and the FRS.

Analytical deliverables are incorporated into a variety of internal processes that help guide the LISCC Program's risk prioritization, examination, and policy efforts.


Principal Responsibilities:

  • Identify and analyze financial and nonfinancial risks in close collaboration with FRS colleagues that fully deploys the MAP's extensive access to supervisory intelligence, data, and other information sources.
  • Work with MAP colleagues in guiding intelligence gathering efforts at LISCC Supervision firms to better identify, understand, and respond to emerging risks in a timely manner.
  • Regularly present and socialize analytical work to improve risk identification, examination, and policy efforts.
  • Contribute to MAP Core Team initiatives across a range of areas as needed (e.g., technology, communication, and engagement strategies, etc.).
  • Develop and engage a broad network of LISCC Supervision and FRS contacts to inform emerging risk analysis and enhance its impact in supervisory planning, examination, and policy activities.

Knowledge and Experience:

  • Exceptional analytical and problemsolving skills, including a demonstrated ability to analyze complex topics and assimilate new information and perspectives.
  • Strong written, verbal, and data communication communication skills, with a demonstrated ability to synthesize complex topics for a variety of audiences.
  • Strong interpersonal and collaboration skills, including an ability to foster strong and influential working relationships with a range of colleagues across geographic locations, LISCC Programs and FRS functions.
  • Strong organizational and selfmanagement skills, as evidenced by an ability to take initiative and ownership of assignments, produce high quality results under tight time constraints either as an individual or contributing member of a team, and operate effectively given rapidly evolving priorities.
  • Knowledge and experience normally acquired through, or equivalent to, the completion of a Master's degree or several years of financial industry, economics, or regulatory work experience, particularly in analyticallyoriented roles; other qualifications such as CFA also considered.
  • Deep or broad knowledge of bankingrelated risks and operating environment, including lending, capital markets, investment management, processing, or other activities.
  • Familiarity or demonstrated capacity to grasp bank supervision concepts related to capital, liquidity, governance and controls, and resolution and recovery.
  • May require extended work hours.
  • Periodic travel including overnight stays may be necessary. Travel will typically consist of facetoface meetings with the MAP Core Team, and periodic meetings with the DSTs or Programs.
  • 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._
  • 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

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