Federal Reserve Bank of Richmond

Business Analyst

Federal Reserve Bank of Richmond  •  San Francisco, CA (Onsite)  •  5 hours ago
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Job Description

Company

Federal Reserve Bank of San Francisco

We are the Federal Reserve Bank of San Francisco — public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the nation’s central bank, we are committed to understanding and serving the vibrant, expansive communities of the Twelfth District, which covers the nine western states of the U.S. That means we seek and appreciate new perspectives and build opportunities to learn and grow. At the SF Fed, we approach our work with integrity and a commitment to service.

The Supervision Group is responsible for the supervision and regulation of state member banks (SMBs), bank holding companies, savings and loan holding companies, financial holding companies, bank service providers, trust companies, and foreign banking organizations that are headquartered in the Twelfth District. Supervised institutions range in size and complexity from small community organizations to some of the largest banking organizations in the country.

Solutions drives business enablement across Supervision, including the migration to System platforms. It supports several major programs, that include access management, operational compliance, and administration of Microsoft Teams and SharePoint. The team manages productivity tools to streamline local Supervision and business processes, as well. In addition, Solutions partners with Bank Information Management to support records management, information governance, and compliance across Supervision.

Likewise, the team is responsible for timekeeping, a critical function across the Group. Accurate analysis, data analytics, and compliance are essential to supporting Board and Reserve Bank understanding of resource deployment, business focus, trends, and real-time activities. Solutions is responsible for ensuring all time collection data is consistent, accurate, and timely, applying data analytics to identify trends, measure performance, and inform priorities and tradeoffs.

We are seeking a detail oriented Business Analyst who is eager to learn the business, partner across our Group, and help identify business insights for high-priority objectives. The ideal candidate is an independent thinker and collaborative team player who helps support decision-making and executive recommendations. Day-to-day responsibilities include executing operational processes that support compliance with System and local guidance and expectations. You will also look for ways to improve how the business runs—using productivity tools, business data, and operational knowledge to generate insights and recommend new or modified processes.

Essential Responsibilities:

  • Ensure compliance requirements are met timely, accurately with an eye for improvement.
  • Use data analysis to support decisions on Group operations, strategic planning, and business issues; collect, model, analyze, and interpret data; identify and interpret trends and patterns in datasets to locate influences.
  • Prepare and evaluate alternative business workflows; participates in implementation of those workflows leveraging productivity tools such as Power Platform.
  • Partner with key stakeholders, sometimes including external parties, to assess and address internal needs and to model the outcome of potential business strategies.
  • Participate on team projects/programs to address business issues.
  • Monitor and analyze solution metrics to ensure business satisfaction.

Requirements:

  • Bachelor’s degree preferred.
  • Typically requires two or more years of relevant experience, performing some form of data analysis.
  • Experience collecting, transforming, analyzing, and reporting data to drive business decisions.
  • Experience working cross-functionally to meet internal and/or external stakeholder needs.
  • Proficiency in MS Office Suite and Power Platform.
  • This position requires access to confidential supervisory information, which is limited to “Protected Individuals.” Protected Individuals include, but are not limited to, U.S. citizens and U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so or who will sign a declaration of intent to apply for naturalization before they begin employment.

Helpful but not required:

  • Experience in programming languages such as R, and Python.
  • Proficiency in visualization software e.g., Tableau, Power BI.
  • MS Project Manager, Visio, Access, SQL, databases or similar.

Base Salary Range: Min: $82,600 Mid: $107,300 Max: $131,900 (Location: San Francisco)

Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and alignment with geographic and other market data.

We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pre-Tax Day Care Flexible Spending Account, Paid Family Care Leave, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and Retirement/Pension.

The Bank is committed to providing reasonable accommodations to individuals with disabilities to participate in the job application or interview process, perform essential job functions and receive other benefits and privileges of employment. The SF Fed is an Equal Opportunity Employer. If you need any assistance or accommodations due to a disability, please let us know at sf.hr.recruitment@sf.frb.org.

The Bank's ethics rules 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. Employees in the Supervision group also must ensure there are no conflicts of interest related to their previous employment and current financial interests. Supervision employees may be subject to borrowing and deposit restrictions and may need to recuse themselves from certain supervisory work. Please review Section 5.3 and Appendix B of the Bank’s Code of Conduct to ensure compliance with the Code of Conduct conflict of interest rules and personal investment restrictions.

Due to the nature of access to sensitive information all final offers are subject to the clearance of an enhanced background check. This enhanced screening will require the following items: academic and employment verifications, FBI fingerprint check (criminal and civil cases), credit check, family history, residential records and foreign travel for the previous 7 years, citizenship verification, reference checks, and personal interview with an investigator and can take between 21 – 60 days to clear.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Operations Family Group

Work Shift

First (United States of America)

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.

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.

Privacy Notice

Federal Reserve Bank of Richmond

About Federal Reserve Bank of Richmond

The Richmond Fed is one of 12 independent regional Reserve Banks that, along with the Board of Governors in Washington, D.C., serve as our nation’s central bank. Together, we’re working to help you be more confident in your financial decisions and in our nation’s economic and financial systems.

We serve the public and communities in the Federal Reserve’s Fifth District, including the Carolinas, Maryland, Virginia, West Virginia and our nation’s capital. We’re headquartered in Richmond, Virginia, with offices in Baltimore, Maryland, and Charlotte, North Carolina.

The Federal Reserve has an impact on your financial well-being and the broader economy by helping promote stable prices, employment and moderate interest rates. We also help ensure the safety and soundness of the financial system — from working with banks to make sure they’re financially healthy, to providing a secure and efficient way to get your payments get from point A to point B. We provide teachers with tools to educate their students about the economy. And we connect with community and business leaders and organizations to better understand local economic conditions, as well as help understand and address economic issues facing low income communities.

Learn more at richmondfed.org, or follow us on:

• Facebook (federalreservebankofrichmond)

• Twitter (@richmondfed)

• Instagram (@richmondfed)

• YouTube (richmondfed)

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Richmond, VA
Year Founded
1915
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