Company
Federal Reserve Bank of Boston
This job is eligible for a hybrid schedule with at least 50% on-site work expected.
As an employee of the Federal Reserve Bank of Boston (FRBB), you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by supporting the supervision of financial institutions and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.
Overview of Team/ Function:
The SRC Partners unit in the Supervision, Regulation and Credit Department of the FRBB has an opening for a Business Analyst to support records management, travel, and conferences. The SRC Partners unit is responsible for supporting the department's budget and finance processes, learning and development, quality management, time tracking, records management, conflicts of interest, and administrative support.
The Business Analyst will support multiple teams in SRC Partners by supporting the department's records management program, travel reimbursement process for department stakeholders, and assisting with conference planning. Specifically, this role will be responsible for document loading, helping to manage the physical records inventory, and supporting quality control. This position will also support our travel team by making travel arrangements, enter reimbursement requests, and approving requests as needed. This role will support conference planning and ensure conferences run smoothly. You will work with stakeholders at all levels in the department and with peers across the Bank and the Federal Reserve System.
Responsibilities:
- Ensure records are handled in compliance with Board of Governors and Bank policies. Manage the department's physical records inventory including coordinating with department stakeholders and the Bank's records management function for destruction where appropriate. Perform quality control reviews on a monthly basis.
- Analyze business problems, identify underlying issues and problems with minimal supervision.
- Ensure compliance with business policies and regulations, support management decision making by providing recommendations with senior level guidance.
- With some oversight, present both orally and in written form on non-complex business matters to internal stakeholders, System colleagues, and the Board of Governors.
Qualifications:
- Master's degree in Business or a related discipline or equivalent.
- 2 years of job-related work experience
- Solid written and verbal communications skills, including the ability to communicate information to audiences at multiple levels
- Demonstrated analytical skills with ability to gather, analyze, synthesize, and communicate information
- Flexible and able to adapt to changing priorities
- Ability to work with stakeholders at all levels of the organization
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
- Comprehensive healthcare options (Medical, Dental, and Vision)
- 401K match, and a fully funded pension plan
- Paid vacation and holidays; flexible work environment, healthy workflow
- Generously subsidized public transportation
- Annual tuition reimbursement
- Professional development programs, training and conferences
The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests - such as stocks or bonds - from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
This position requires access to confidential supervisory information and/or FOMC 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, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe.
For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks.
The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.
All applicants must have been a US Citizen or a permanent resident who also resided in the United States for at least three (3) years.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.
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What We Do
As part of the Central bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation. We contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.
Why Work With Us
At the Boston Fed, we believe in diversity and the strength that comes from diverse perspectives, ideas, and approaches to solving important business problems. We also recognize that benefits and compensation play a central role in the employer you choose. We work to make sure our compensation package is competitive with those of top employers.
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Federal Reserve Bank of Boston Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Most jobs are eligible for a hybrid schedule with some on-site work expected. Additionally, remote roles are available and have been labeled as such.