The Statistics Function collects reviews and analyzes accounting, deposit, credit, security and organizational structure data submitted to the New York Fed from domestic and foreign depository institutions, capital market participants, and bank holding companies. These data are used in the implementation of monetary and foreign exchange policy, the construction of the monetary aggregates and balance of payments statistics, bank supervision and compliance monitoring, and monitoring of domestic and international markets tracking. These positions support the Bank's key missions of implementing monetary policy and ensuring financial stability.
Analyze deposit, security, credit, bank organizational structure and other financial data received from banking, non-banking and other institutions in the Second Federal Reserve District;
Analyze aggregate data and prepare well thought-out and detailed analyses of underlying trends;
Analyze data on a micro and macro level to identify trends and inconsistencies;
Familiarity with large databases and statistical packages (for example R, SAS, SLQ, and STATA);
Work with respondents to resolve reporting issues and ensure the accuracy of reports;
Research complex issues in the banking or securities industry;
Suggest ideas for improvements to workflow and output reports to data users;
Undertake ad hoc projects and assignments, as required.
Research issues associated with reported transactions and financial instruments;
Research and respond to inquiries from respondents and other regulatory agencies regarding reporting requirements;
Participate in training seminars by assisting in the design and presentation of information on current reporting requirements;
Create and update operating procedures, instruction, and training manuals
Bachelor's degree, preferably in Accounting, Business, Economics or Finance;
Recent college graduate, or up to 1 year of experience;
A proven record of strong quantitative and analytical thinking skills demonstrated by the ability to understand complex and technical topics and arrive at sound judgments;
Preferably have a basic understanding of financial markets and instruments, including familiarity with the securities industry, financial instruments, bank organizational structure and capital markets;
Ability to think critically and make recommendations to improve workflow and service levels;
Excellent organization and self-management skills;
Excellent written and oral communication skills;
Detail oriented and proven ability to assimilate new information quickly;
Ability to work cooperatively with all levels of staff and management at this Bank, other Reserve Banks, regulatory agencies, and regulated institutions;
Manage multiple tasks independently, while consistently providing high quality and timely products; and
Proficient computer skills, including Microsoft products such as: Excel, Word, Power Point
*For recent graduates, please include transcript and a writing sample with your resume submission.
This position requires access to confidential supervisory information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, 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.
The Federal 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, or military service.