Business Analyst

2 weeks ago

Washington, United States Federal Reserve Board Full time

Position Description

Minimum Education Bachelor's degree or equivalent experience Minimum Experience 1 Summary The Financial Systems Analyst (FSA) is responsible for the analysis of System economic, financial and structure data; the development of requirements for automated collection and analysis tools; and the implementation of those tools; and the testing and quality assurance techniques associated with system development. The FSA is expected to have a good understanding of the underlying accounting and economic theories that characterize the Board's regulatory and reporting requirements and should have a sound understanding of data processing capabilities. Duties And Responsibilities

Performs primary and backup financial and structure data analysis for data flows and other assigned internal projects. Analyzes reporting series and structure data questions and problems; responds to a range of client inquiries in the areas of regulation, automation, data transactions and structure processing. Supports the development of high-level analytical techniques that may include the construction and testing of statistical models to be used for cross-sectional and time-series analysis of data trends, the effects of banking structure changes on economic and financial data, and the improvement and maintenance of the quality of structure data. Assists in the development of business rules and report or application formats for distributed, web, and mainframe programmers to use in developing applications or systems. Oversees new series and report changes on the systems used for processing a specific reporting series. Contributes to technical memoranda development, reviews existing edits, and recommends improvements in their efficiency and effectiveness. Prepares written requirements and test plans for system software changes. Makes decisions regarding data quality and edit resolution. Responsible for preparation of statistical reports, charts, tables, and other materials used by unit and client staff. Provides advice and guidance regarding series processing and structure data issues to other analysts regarding automation, editing procedures, and data analysis. Ensures that all administrative and internal series processing deadlines are met for the unit. Assists in preparing documentation and conducting testing in compliance with System Development Methodology (SDM) requirements. Provides technical and data content assistance to users of system software and data submitters from the public. Position Requirements REQUIRED: Strong critical thinking skills typically acquired through the completion of a Bachelor's Degree in the liberal arts (i.e., economics, political science, history, philosophy), finance, accounting, business administration, public policy, or equivalent work experience. Excellent written and verbal communication skills and the ability to clearly communicate with staff at all levels, from junior analysts to senior leaders at the Board of Governors and Reserve Banks, are required.Innovative thinking, problem solving skills, and the ability to transform abstract problems into actionable plans is required. The ability to make sound decisions and exhibit good judgment even under high pressure or difficult situations is also required.Demonstrated experience in program oversight and risk management, and project management experience is strongly preferred.

Please include writing sample when submitting resume. This posting is for a Financial Systems Analyst in the STATISTICS PROGRAM MANAGEMENT OFFICE** REQUIRED: U.S. citizenship or permanent residency. The following dimension criteria will be used: Oral/written communications skills; analytical ability; judgment/decisiveness; ability to learn; planning/organizing; initiative; leadership ability; teamwork/group participation skills; customer and service orientation. Primary Location DC-Washington Employee Status Regular Overtime Status Exempt Job Type Standard Work Shift 1st Shift Relocation Provided Yes Compensation Grade Low FR PAY GRADE 23 Compensation Grade High FR PAY GRADE 26 Minimum Salary $74,700.00 Maximum Salary $185,700.00 Posting Date Sep 20, 2023 #J-18808-Ljbffr

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