Financial Markets Specialist, Financial Markets Group (R&D)

Company

Federal Reserve Bank of Chicago

The Federal Reserve Bank of Chicago's Financial Markets Group is focused on advancing financial policy and robust market practices to promote the stability of the U.S. financial system. We analyze and advise on issues that affect financial markets and impact financial stability across a broad range of topic areas. We are part of the Research, Policy, and Public Engagement function.

As part of a multidisciplinary and collaborative team of professionals, the Financial Markets Specialist will develop data-focused analysis and work alongside policy advisors to conduct applied research on policy issues affecting financial markets and the stability of the financial system. This is an outstanding opportunity for an experienced professional from industry, academia or a regulatory environment to produce high quality, impactful work directly connected to the responsibilities of the Federal Reserve.

Key Responsibilities:

• Directly contribute to research and communicate findings to the public through published reports and presentations.
• Support development of internal policy analysis to support Bank objectives related to monetary policy and financial stability.
• Develop and maintain overview materials to educate internal stakeholders on key issues affecting financial markets.
• Support team deliverables to advise Reserve Bank President, other senior Bank leaders, and other policymakers on matters related to your area of expertise through written analysis and presentations.
• Develop and maintain strong relationships with financial industry leaders, focused on market makers, exchanges, and clearinghouses.
• Develop and maintain strong relationships with key internal and external stakeholders to advance Bank-level objectives.
• Oversee the data-driven analytical tools developed by the team's analysts.
• Contribute to a highly collegial and collaborative work environment.

Your background:

• Advanced degree in finance, economics, business, or public policy, or equivalent experience
• 3+ years of experience as an industry participant, regulator, or academic scholar
• Commitment to public service.
• Demonstrated ability to produce high-quality research or policy analysis.
• Experience working with and analyzing complex data sets using R, Python, and Tableau.
• Public speaking skills a plus.

What we offer:

• The expected starting salary range for this position is between $112,600 and $133,200 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data.          
• The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.chicagofed.org/careers/thebenefits            
• A continuous learning environment with opportunities to gain new skills and grow your career.

Other Requirements:

• Travel approximately up to 10%
• This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well. 
• 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. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship.
• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

The Federal Reserve Bank of Chicago supports a diverse and inclusive work environment where employees and stakeholders are respected, treated fairly, and given equal opportunities to perform to their fullest potential. By valuing diverse experiences, styles, approaches and ideas, we can achieve our goals, serve our stakeholders and become a higher-performing organization

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Economics/Research Family Group

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