Financial Analyst/Bank Examiner

Division of Banking Supervision and Regulation

Financial analysts perform highly complex analysis related to wholesale, retail, and market risk. They identify and interpret trends, develop and communicate policy recommendations, and work with other division policy and supervision professionals throughout the Federal Reserve System.
The Federal Reserve supervises state member banks, bank holding companies (BHCs), U.S. activities of foreign banks, and Edge Act and agreement corporations. The Fed’s Division of Banking Supervision and Regulation oversees these responsibilities by

• developing and implementing timely and effective rules and policies, and providing guidance for supervised financial institutions;
• participating in and assessing supervisory programs and activities; and
• identifying and advising the Federal Reserve Chairman and governors about issues and vulnerabilities with individual financial institutions that could have an adverse impact on the financial system and the U.S. and global economy.

The Dodd-Frank Wall Street Reform and Consumer Protection Act gives the Federal Reserve important new authorities to safeguard financial stability, including the responsibility to oversee systemically important financial institutions that receive heightened scrutiny based on their potential impact on financial stability. The act also gives the Fed an expanded supervisory role and new authorities to help ensure the safety and soundness of financial market utilities. Many financial analysts are needed to help us accomplish important new objectives, along with the Federal Reserve’s other critical supervisory programs.

Communication and coordination is a key element for this job as division members have frequent contact with senior officials of the Board and Federal Reserve Banks, as well as with senior officials of other bank and thrift institution regulatory agencies, banking organizations, and private sector entities.

Division of Reserve Bank Operations and Payment Systems

These analysts monitor many of the operations of the Federal Reserve Banks, including the financial services provided by the Banks, critical support, such as with information technology, financial and cost accounting, physical security, and human resources.  They also assess the future direction of the Reserve Banks’ operations and financial services, oversee major initiatives, and monitor ongoing operations.  In addition, analysts participate in policy development for the nation’s payment system and for G-10 central bank policies to promote efficiency and manage risk in the payments system.