Job Information
Federal Reserve Bank Senior Financial Institution Policy Analyst, Banknote Issuance and Cash Operations- RBOPS in Washington, District Of Columbia
Senior Financial Institution Policy Analyst, Banknote Issuance and Cash Operations- RBOPS - R024362 Primary Location : DC-Washington : Employee Status : Regular Overtime Status : Exempt Job Type : Standard : : : Relocation Provided: : Yes Compensation Grade Low: : FR PAY GRADE 26 Compensation Grade High: : FR PAY GRADE 28 Minimum Salary: : $123,500.00 Maximum Salary: : $266,500.00 Posting Date : Apr 17, 2024
Position Description
Minimum Education Bachelor's degree or equivalent experience Minimum Experience 5 Summary 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. Some travel may be required. Duties and Responsibilities
Position Requirements
Position requirements: FR-26 - A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master’s degree in a related field and 3 years of related experience. FR-27 - A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 6 years of related experience, or a master’s degree in a related field and 4 years of related experience. FR-28 Lead - A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 8 years of related experience, or a master’s degree in a related field and 6 years of related experience. Remarks: The Banknote Issuance and Cash Operations (BICO) section supports the Board in meeting its statutory responsibilities under the Federal Reserve Act to issue Federal Reserve notes and to oversee the Reserve Banks' provision of currency and coin to depository institutions. This position will serve as the lead analyst responsible for overseeing the Reserve Bank cash operations and large-scale projects: • To meet responsibilities to oversee Reserve Banks’ provision of currency and coin, BICO staff work closely with the Reserve Bank cash offices to collectively identify and manage risks. These risks range from cash operations (i.e. staffing, compliance) to large scale projects including the procurement of high-speed cash processing machines and information technology projects. Board staff also set policy and procedural guidance for the cash offices. The analyst hired for this position will lead these efforts. • Additional duties of BICO staff include meeting responsibilities to issue notes. BICO staff determine the Board’s annual order for new currency and manage the Board’s annual new currency budget. BICO staff conduct in-depth analysis using data from a broad range of sources to discern emerging patterns, address challenges, and identify opportunities to advance currency production, issuance, use in circulation, and destruction. Additionally, BICO staff may conduct research on the evolving use of and demand for cash and the payments landscape to understand how they may affect the demand for cash, and emerging trends that may affect the quality of currency in circulation. The analyst hired for this position may contribute to these duties but will not be part of their primary responsibilities. The primary roles of the analyst will be to lead cash operations and program reviews requiring collaboration from other Division sections. The primary purpose of these reviews is to detect risks, raise issues, and identify best practices across the 28 cash offices and the System cash office. The analyst will require: 1. Strong written, verbal, and presentation skills. The analyst must be able to complete a wide range of deliverables (PowerPoint presentations, formal memos, talking points, informal emails) to senior leadership with minimal review. The analyst will need to determine and recommend the best method of deliverables. The analyst will also be asked to deliver verbal presentations to the team, Division, and System leadership. 2. Exceptional analytical capabilities. The analyst must recommend appropriate solutions or decisions based on strong analysis of the facts and thorough analyses of alternatives. The analyst must be comfortable reading policies and understanding impact of potential changes to policy. 3. Exceptional organizational capabilities: The analyst will be responsible for leading the entire team through the oversight process including coordinating reviews, communicating shared topics, and summarizing issues. While some procedures exist, the majority of the work is risk-based and will require proactiveness on the analyst’s part to determine the appropriate plans. 4. Ability to influence and collaborate with stakeholders. BICO staff work with a wide range of stakeholders (external and internal). In our governance role, Board staff are required to present Board guidance and work with stakeholders to ensure their understanding and compliance with Board policies. The analyst will need to be comfortable reaching out to a variety of stakeholders at different levels to understand and influence on a variety of topics. The analyst will be expected to build and maintain working relationships with key partners to successfully execute ongoing oversight activities and delivery feedback. Some travel will be required. A writing sample/exercise may be requested. This role is located in Washington DC and will require relocation and on-site presence via a hybrid schedule. Employees are expected to spend a minimum of 6 days per month onsite. Relocation assistance is available.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services. | Req ID: R024362 Current Search Criteria |