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Cyber/it Policy Associate
3 months ago
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 Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The objectives of supervision are to:
- Evaluate and promote the overall safety and soundness of supervised institutions;- Ensure supervised institutions’ compliance with relevant laws and regulations, including consumer protection;- Facilitate the stability of the financial system of the United States; and- Support the growth and stability of the U.S. economy.
Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy, and risk matters. Supervision is coordinated with other U.S. agencies.
The Supervisory Policy and Strategy (SPS) function’s responsibilities are concentrated in three areas. First, staff help to set the strategy around and contribute to the development of international and domestic prudential standards for banking organizations, financial market utilities (FMUs), and payment systems. Second, staff assist with policy implementation and supervision through a variety of means, including delivery of cutting-edge analyses and actively engaging with supervisory colleagues. Third, staff lead Federal Reserve System-wide supervisory efforts related to capital stress testing and cyber resilience and contribute to the oversight of systemically important FMUs
Your role as a Cyber/IT Policy Associate:
Core Responsibilities include:
- Conducts analysis that provide insights into the systemic, current, and emerging cybersecurity risks and trends impacting supervised institutions and the financial services sector.- Participates in interagency, FRS, cross-Bank, and cross-Group efforts to develop and advance supervisory policy positions; communicates implication of policy changes.-
- Develops recommendations on areas where supervisory policies are needed, and proposes responses to identified supervisory policy issues.
What we are looking for:
- Experience in information security, a working knowledge of financial markets and should have or develop proficiency in business continuity and resiliency; especially as it relates to financial institution cybersecurity matters.- Ability to collect information, viewpoints, and analyses from individuals of different expertise and backgrounds, and assimilate them to build consensus, analyze basic issues, develop sound conclusions/decisions and recommendation.-
- Strong oral and written communication skills, including ability to write memoranda, prepare speeches and presentations and be an effective communicator.
Salary Range: $116500 - $171900 / year
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.
**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- 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.- The_ Federal Reserv
