Banking Data Quality Analyst

3 weeks ago

St Louis, United States Federal Reserve System Full time

Company Federal Reserve Bank of St. Louis The Statistics function plays an important role in the Federal Reserve System collecting financial, banking structure, survey, and contextual information and providing data management services to ensure information is fit-for-use for policymakers and end-users to accomplish the Federal Reserve’s monetary policy, supervision and regulation, and fiscal agency responsibilities. The data provided are used to construct and interpret monetary aggregates and reserve measures, evaluate the safety and soundness of the U.S. financial system, and determine compliance with regulations and restrictions. You will be part of a team of data quality analysts reporting to a manager in the Statistics department which collects and analyzes reported financial, regulatory, and structure data submitted by depository institutions, bank holding companies, savings and loan holding companies and nonbank entities located in the Federal Reserve’s St. Louis District, ensuring accurate information for data sponsors. Analysts review a variety of submitted financial and regulatory data, communicate with financial institutions to ensure the data are accurate, develop approaches to improve data quality practices, and work with other Reserve Banks and the Board of Governors’ Statistics sites. You will work onsite in our St. Louis office. Responsibilities Collect and validate the accuracy, quality, and completeness of submitted financial institution data using accounting and banking knowledge and a variety of data quality tools, and provide explanatory comments for atypical financial information Pursue data quality practice improvements that align with data sponsor priorities, collaborate with other Reserve Bank and Board of Governors Statistics sites to identify data quality practices that ensure data are fit-for-use and design novel data quality solutions and methodologies Provide analytical research assistance for collected data end-users, including monitoring and reporting on accounting pronouncements or policy changes that impact reported data Develop relationships with respondent firms to educate them on how to report accurate data to the Federal Reserve. Conduct outreach and educate respondent firms on report form and regulatory and accounting changes that impact data reporting Query databases for requested information. Analyze banking industry datasets Participate in and/or lead Federal Reserve System Statistics workgroups Qualifications Bachelor’s degree with an emphasis in accounting or finance, or a similar field of study, or commensurate experience 2+ years of relevant work experience Ability to analyze financial or organizational structure reports, draw conclusions, and present findings to internal and external audiences Experience retrieving and analyzing financial data from queryable databases or applications using SQL, Python, or other data science tools a plus Candidates with less experience may be considered for a lower job grade or salary· St. Louis based - Hybrid policy: in-office a minimum of three days per week Travel (

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