Regulatory Data Associate – Accounting

The Data & Statistics Function’s mission is to increase utility and ability to leverage financial data through standardization, thoughtful collection design, and increase capacity of the Function to scale operations. You will be part of the Financial Analysis Services Team (FAST) covering Financial and Market Conditions. The FAST team is responsible for performing data analysis, building out and managing analytical products and ongoing stakeholder and respondent management on interpretive reporting topics. FMC provides services focusing on the data quality assurance and analysis of regulatory capital and financial data received from domestic and foreign depository and financial institutions.

Your role as Regulatory Data Associate – Accounting:

• Conduct data analysis and visualizations, develop questions that resolve data quality anomalies, and research interpretive inquiries for complex data series, reporters, and data concepts
• Establish and lead dialogue with financial institutions to enhance data quality and controls
• Assess and respond to requests from Board staff on data collection operations and conduct studies on institutions’ reporting practices
• Prepare procedure documents and assist peers on data collections and reporting concepts
• Participate in Function and System workgroups as assigned

What we are looking for:

• Strong experience in a financial, economic, or analytic role
• Demonstrated experience in critical thinking and analytical skills to identify data and reporting discrepancies
• Experience with financial instruments and market conditions, financial statements (income statement and balance sheet), regulatory reporting, and relevant regulatory capital rules (Basel III) and Federal Reserve regulations (Regulation D)
• Ability to provide efficient and accurate verbal and written analysis
• Proficiency in Microsoft Excel, Word, and Power Point
• Familiarity with Tableau, SQL, R, Python, SAS or similar technical experience. Familiarity with Alteryx is a plus.

Salary Range: $98800 – $123200 / year

Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.

Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank’s work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.

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

Please note that the 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. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.

In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

The successful candidate must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an exemption based on a medical condition or sincerely held religious belief.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.