Markets Specialist

Company

Federal Reserve Bank of Boston

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Markets Specialist

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 FRS’s 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 Associate / Markets 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 and monitoring 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.

The position and job description posted is for a Market Specialist; however, candidates will be placed into an appropriate level within the Specialist job family (Associate, Market, or Senior Specialist) based on the extent of their experience.

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. Travel, including some out-of-district, is expected for this role.

Principal Responsibilities :

The preferred candidate will deploy strong analysis, collaboration, and communication skills to identify and assess emerging risks related to the supervision of LISCC banks. Responsibilities include but are not limited to :

• 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 monitoring and 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 :

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.

As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses / domestic partners, and minor children from owning financial interests from banks, savings associations, and systemically important financial institutions or their affiliates. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team.

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.

For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks.

The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position.

All applicants must have been a US Citizen or a permanent resident who also resided in the United States for at least three (3) years.

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.

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.

Full Time / Part Time

Full time

Regular / Temporary

Regular

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.

Always verify and apply to jobs on Federal Reserve System Careers ( https : / / rb.wd5.myworkdayjobs.com / FRS ) or through verified Federal Reserve Bank social media channels.

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