Job Information
Federal Reserve System Rotational Analyst Program Coordinator in New York, New York
Company
Federal Reserve Bank of New York
Working at the Federal Reserve Bank of New York 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.
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.
What we do:
The Markets Group, Office of the Chief Operating Officer (Office of the COO) Function is recruiting for a Rotational Analyst (RA) Program Coordinator.
The Rotational Analyst (RA) Program is a Group-wide talent development program designed to provide robust entry-level training and exposure to the analytical and operational work of the Markets Group Trading Desk (Desk). This three-year rotational program is targeted at undergraduate hires and provides participants with a structured exposure to a range of operations and analytical activities conducted across multiple Functions of the Markets Group.
Your role as the RA Program Coordinator:
The RA Coordinator position (Manager) reports directly to the Director of the Markets Group People Strategy Department and offers a unique opportunity for a candidate to oversee the development of highly-skilled individuals who are early in their career while embedded in roles within the Markets Group. The role has strong linkages to ongoing Desk staff development programs, including Analyst roles and the Cross-Market Monitoring (CMM) training program, and will coordinate closely with the CMM leadership team to ensure analysts are well positioned for these ongoing career development opportunities.
Core Responsibilities:
Provide leadership and vision to manage the RA Program’s business needs effectively, including strategic planning, budget matters, recruiting, general staff administration, and data, technology, and project management;
In collaboration with Markets Group Associate Directors, provide leadership through comprehensive professional development and coaching for Program participants, including the provision of regular feedback and career guidance, in part through formal goal setting and performance appraisals, and in part through formal/informal mentoring and training;
Develop and administer a robust Training and Development program to enhance the skillsets/competencies of the RAs. This work will be done in close collaboration with Desk leadership to ensure alignment with other training programs, and will leverage expertise by Markets Group staff, sessions/classes offered by the Bank’s Learning & Development area, and applicable external training/education opportunities;
Continue to advance diversity in the Program’s recruiting strategy by supporting broader outreach to new talent through campus and early recruiting initiatives;
Actively support the Bank`s people management and development programs and processes; and
Provide Program participants with equal opportunities to contribute, succeed and be recognized, and solicit diverse ideas, opinions and viewpoints from all Program participants.
What we are looking for:
Previous staff management experience, with responsibilities for working with staff to establish performance expectations, development objectives, and training programs, and providing timely, constructive feedback regarding employees’ performance against each.
Excellent analytical and critical thinking skills demonstrated by the ability to assimilate new information, understand complex topics, execute sound judgment, develop thoughtful conclusions and make recommendations in a timely manner.
Strong organizational and project management skills and the ability to work well under pressure, proactively, and participate in the execution of multiple assignments;
Demonstrated ability to work independently and creatively to problem solve and lead collaboratively to drive results and outcomes.
Exceptional interpersonal, influencing, and customer service skills including the ability to direct the activities of staff and effectively collaborate with all levels of management within and outside the Group and Bank;
Excellent writing, editing, and verbal communication skills.
Salary Range:
NY: $155000 - $230000 / year
Chicago: $138000 - $203000 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions .
Our Touchstone Behaviors —Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more. (https://www.newyorkfed.org/careers/touchstone-behaviors)
Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:
Fully paid Pension plan and 401k with Generous Match
Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
Subsidized Public Transportation Program
Tuition Assistance Program
Onsite Fitness & Wellness Center
And more (https://www.newyorkfed.org/careers/benefits_health.html)
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. (https://www.newyorkfed.org/aboutthefed/ethics-conflicts-of-interest)
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.
We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Operations
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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.