Engagement Management Associate at Federal Reserve Bank (FRB) in New York, New York

Job Description:

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.  

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. 

What we do: 
The Data & Statistics Function (D&S) provides critical data capabilities in support of a safe and sound financial system.  D&S manages the ingestion and quality assurance of financial and organizational data from domestic and foreign  depository institutions, capital market participants, and bank holding companies. The team serves as the front line to  financial institutions, engaging with them towards the provision of fit-for-purpose data for its stakeholders at the U.S.  Treasury, the Board of Governors and internal stakeholders. These data are used regularly in the analytic support for  the Bank’s responsibility related to monetary policy, banking supervision, payments systems and international market  monitoring. 

The Engagement Management team establishes strong and effective relationships with financial institutions, industry  groups, and stakeholders to resolve complex data management issues, manage data design and governance issues  escalated from the Function, communicate a macro view of industry themes.  In addition, the team acts as a central point  of contact for stakeholders to explore their data service needs.

 
Your role as Engagement Management Associate:

• Develop and maintain close partnership with stakeholders to address respondent challenges and their remediation efforts; evaluating various aspects of firm’s governance framework, financial condition, operational resiliency, and systemic impact of efforts




•  Engage with industry groups to manage data designs and governance issues to communicate a macro view of data management themes to drive improvement




• Foster a culture of continuous improvement and advance the Function’s operational effectiveness by identifying opportunities to engage with stakeholders across Bank and System, and promote the growth of Statistics services and best practices in achieving Bank objectives




• Perform continuous monitoring and evaluation of regulatory report findings

What we are looking for: 

• Strong understanding of data management principles and concepts and how they drive ability to meet regulatory commitments in the financial services industry




• Strong communication skills and proven relationship management abilities to influence stakeholders and drive results




• Strong analytical and decision-making abilities to lead engagement with and develop work products that inform data user needs




• Ability to analyze the impact of new and evolving financial instruments, regulations, and market conditions with respect to promoting alignment across regulatory bodies (both domestic and global)

Salary Range: $116500-$135000 / year  

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.  

  

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.  

  

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  

This position requires access to certain sensitive information and is therefore limited to individuals who are U.S. Citizens and who must undergo a separate background screening. 

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.  

  

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, pregnancy, or military service.  

  

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.   

  

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.  

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Analytical

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.

Privacy Notice

Apply Now