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Reference #: R-0000023598 CompanyFederal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

Job Summary:

The Collateral Data Support Team (CDST) Analyst performs work of an analytical, professional, and technical nature to support the Federal Reserve System's Securities Data Management Services (SDMS). The analyst supports the team's data quality and vendor management programs including participating in the evaluation of data acquisitions, performing daily data management tasks including on call operational support outside of standard business hours, addressing data challenges, and interacting with external vendors to resolve data quality issues. Individuals in this role participate on and may lead both system related and departmental projects including the testing, implementation, and maintenance of large databases and applications to ensure they meet current and future business needs.

The following job descriptions details the requirements for a CDST Senior Analyst. Applicants with less experience or education may be considered for the CDST Analyst position.

What You Will Do: Perform moderately complex daily data management tasks and time sensitive data analytics and data challenge requests to support the FRS's policies and practices for various business lines including CRM's Discount Window and Payments System Risk. Occasionally support on call operations outside of standard business hours such as vendor data file processing Apply knowledge and judgment for analyzing and interpreting moderately complex big data sets to reach conclusions and recommendations regarding data quality. Apply process management skills to support operational improvements in the unit. Participate or lead implementation and maintenance of large databases and applications to ensure they meet current and future needs of FRS business lines. Interact with external vendors to resolve data quality issues and support the team's vendor management program. Fulfills job duties and responsibilities in conformance with sound safety practices. Demonstrates effective SRC Core Competency skills for grade and position.

What You Have:

Education and Experience: Bachelor's degree in finance related field, business administration, information management or equivalent related work experience and education is required. Minimum 2 years' experience (5 years for Sr Analyst) in data analytics, banking, or finance-related field is required. Advanced degree in data analytics, information management, or finance strongly preferred.

Knowledge and Skills: Foundational knowledge of operations and solid understanding of internal controls. Familiarity with application of risk management principles. Effective written and oral communications skills. With some coaching, able to present findings and assessments both orally and in writing to Bank and financial institution management. Demonstrates analytical, research, and problem-solving skills; Ability to conduct low to moderately complex analysis with statistical programming packages (i.e. Python, SAS, STATA, SQL); able to identify patterns among facts, data or events. Recognizes cause-effect relationships and is able organize information in a manner that effectively communicates findings and recommendations. Ability to identify efficient process workflows. Effective team player with the ability to lead a team and use skills of influence to accomplish stated goals. Draws on experience to resolve complex issues and displays strong interpersonal skills in dealing with peers. Intermediate skills using desktop software for word processing, spreadsheets, data analysis, data visualization and presentations (i.e. MS Office Suite Products, Tableau). Capable of creating visual presentations of data.

Other Requirements: Applicants must be able to provide work authorization to prove their eligibility to work in the United States. An applicant for employment also must be a U.S. Citizen, U.S. National or 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 permanent residents must sign a declaration of intent to become a U.S. citizen when eligible to do so and pursue a path to citizenship.

The salary grade for this position is: 13/14. Final salary and offer will be determined by the applicant's background, experience, and skills, and internal equity and alignment with market data.

We offer a great benefits package that features: Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period 401k/Thrift Plan with generous employer match Employer-funded Pension Plan Paid Vacation/Sick Time & Holidays Monthly $100 Commuter Allowance Flexible Spending Accounts and Healthcare Spending Accounts Flexible Work Schedule available in most departments Life Insurance and Long Term Disability Insurance Tuition Reimbursement (undergraduate and graduate) Parental Leave Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities Onsite Cafeteria & Coffee Shop Additional Convenience Benefits, Discounts and More...

Additional Information: The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace. We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees. We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment. All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and pers