Location: Remote; preference for Western US
Reports to: Director of Investments
Salary: $68k-$80k
Position Type: FTE
Travel: Approximately 10-20%; tailored to project responsibilities
About Blue Forest
Blue Forest is a conservation finance non-profit whose mission is to accelerate the pace and scale of ecological restoration. Since 2018, Blue Forest has managed investor capital through its flagship financial product, the Forest Resilience Bond (FRB), which deploys private capital to finance forest restoration projects on private and public lands to reduce the risk of catastrophic wildfires. More recently, Blue Forest has also established Blue Forest Asset Management (BFAM), an investment management platform connecting investors to compelling, mission-aligned opportunities in a broader set of asset classes beyond FRB projects, such as private equity and private credit investments.
Blue Forest is an interdisciplinary team of scientists, engineers, foresters, finance and communications professionals. We are harnessing financial innovation and building partnerships with investors, non-profits, private companies, and the public sector to design sustainable solutions to systemic climate resilience challenges faced by vulnerable communities and ecosystems. As we grow and develop new financial solutions to pressing environmental problems, we are committed to promoting social equity and amplifying historically excluded voices in the burgeoning field of conservation finance.
Position Summary
The Investment Analyst/Associate performs financial analysis, market research and reporting on investment opportunities to support Blue Forest Asset Management’s investment activities. This role requires attention to detail, excellent analytical skills, and the ability to work independently on multiple projects simultaneously. Workstreams include research, financial modeling, and qualitative and quantitative analytical support across various areas such as private markets investments, portfolio and asset management, and impact and investor reporting. The primary goals of this position at Blue Forest include: (1) evaluate investment opportunities for BFAM and growth opportunities for Blue Forest broadly, and (2) contribute to a reputation of collaboration, diligence, and top-notch analysis on the fast-growing Investment team at Blue Forest.
Responsibilities & Duties
Investment Due Diligence and Financial Modeling (60%)
Perform detailed financial analysis of investment opportunities, including building and populating accurate and effective financial models in Microsoft Excel
Screen potential investments and write clear, concise memos to convey findings to internal audiences, including the Executive Team and Investment Committee
Support Investment team members in all aspects of due diligence, including market research, reviewing third-party consultant reports, legal document review, and financial due diligence broadly
Coordinate Blue Forest’s impact strategy for its investment, including impact quantification efforts
Ongoing Investment Management (30%)
Coordinate ongoing payments flows, such as loan drawdowns, interest payments, etc. (including with third-party service providers as relevant)
Monitor covenants and other operational elements of deals
Build and maintain financial models as inputs into the Blue Forest portfolio management function
Contribute to investor reports and other Blue Forest collateral
Financial Systems and Processes (10%)
Continuously improve BFAM Investment team policies, procedures, and playbooks
Execute key portions of business processes, including budgeting, fund portfolio management, and ongoing investment management
Create and maintain systems, trackers, and processes for the Finance and Investment teams
Explore new conservation finance products and opportunities, expanding the financial opportunity set for ecosystem restoration
Additional Information
Blue Forest is a remote company with staff distributed in some geographies where we can focus our impact and located across all four continental US time zones. This job is remote; however, due to travel around the Western United States for due diligence, there is a preference for a candidate based in the Western US. The Investment Analyst/Associate will be expected to be online during their respective standard working hours.
Qualifications
Blue Forest will prioritize the following qualifications in the hiring process; however, we only expect candidates to fulfill some criteria and encourage all interested candidates to apply.
2+ years of investments and/or financial analysis experience, with experience in some or all of the following areas required:
Private equity, private credit, structured finance, or project finance;
Forest products, bioenergy/biofuels, or other forestry- and natural-resource adjacent sectors
Robust financial modeling and Excel skills are a must!
Experience with investment transactions, including sourcing, due diligence, modeling, and closing
Willingness and ability to travel throughout California and the Western US, including in rural and hard-to-reach areas
Clear written and verbal communication
Exposure to fixed-income investments and/or forestry and climate finance is a plus
Demonstrated interest in and commitment to environmental conservation and climate resilience
BENEFITS
100% employer-paid health, dental, and vision coverage; subsidized coverage for dependents
Access to a 401k retirement plan with a 4% employer match
Starting 3 weeks paid vacation and 17 paid holidays; paid sick leave and volunteer time
3 months of paid family leave
Employer-paid life and long-term disability insurance
Access to Dependent Care FSA
Public Lands Exploration stipend (reimbursements for visits to National Forests, county parks, etc.)
Monthly Home Office stipend or co-working space provided
Travel and partial dependant care costs provided for business travel
Additional stipends for health & wellness; home internet and cell service; and professional development
COVID VACCINE REQUIREMENT
All Blue Forest staff are required to be “fully vaccinated” against COVID-19, as the Centers for Disease Control and Prevention defines that term. Proof of full vaccination shall be a condition of employment and must be provided prior to starting work, except where prohibited by law. Blue Forest is an Equal Opportunity Employer, and the company will engage in the interactive process regarding reasonable accommodations for candidates who cannot be vaccinated due to a disability/medical condition; a sincerely held religious belief, practice or observance; or a claimed exemption under applicable state law.
HOW TO APPLY
To apply to this position, submit a resume on recruitee . People from historically underrepresented populations and candidates with non-traditional career paths are especially encouraged to apply. Applications will be accepted on a rolling basis, and those submitted by March 15th, 2024 , will be prioritized.
If participating in the interview process would require you to incur additional expenses to participate, such as childcare, please let us know, and we are happy to reimburse for reasonable expenses incurred up to $30/hour for twice the length of each interview in which you participate. There will be space to request this reimbursement upon offer of an interview.
Blue Forest provides equal employment and opportunities for advancement, compensation, training, and growth according to individual merit, without regard to race, color, religion, sex (including pregnancy), national origin, sexual orientation, gender identity, marital status, age, genetic information, disability, veteran status, or any other characteristic protected under applicable Federal, state, or local law. Applicants must have authorization to work in the United States.
Feb 27, 2024
Full time
Location: Remote; preference for Western US
Reports to: Director of Investments
Salary: $68k-$80k
Position Type: FTE
Travel: Approximately 10-20%; tailored to project responsibilities
About Blue Forest
Blue Forest is a conservation finance non-profit whose mission is to accelerate the pace and scale of ecological restoration. Since 2018, Blue Forest has managed investor capital through its flagship financial product, the Forest Resilience Bond (FRB), which deploys private capital to finance forest restoration projects on private and public lands to reduce the risk of catastrophic wildfires. More recently, Blue Forest has also established Blue Forest Asset Management (BFAM), an investment management platform connecting investors to compelling, mission-aligned opportunities in a broader set of asset classes beyond FRB projects, such as private equity and private credit investments.
Blue Forest is an interdisciplinary team of scientists, engineers, foresters, finance and communications professionals. We are harnessing financial innovation and building partnerships with investors, non-profits, private companies, and the public sector to design sustainable solutions to systemic climate resilience challenges faced by vulnerable communities and ecosystems. As we grow and develop new financial solutions to pressing environmental problems, we are committed to promoting social equity and amplifying historically excluded voices in the burgeoning field of conservation finance.
Position Summary
The Investment Analyst/Associate performs financial analysis, market research and reporting on investment opportunities to support Blue Forest Asset Management’s investment activities. This role requires attention to detail, excellent analytical skills, and the ability to work independently on multiple projects simultaneously. Workstreams include research, financial modeling, and qualitative and quantitative analytical support across various areas such as private markets investments, portfolio and asset management, and impact and investor reporting. The primary goals of this position at Blue Forest include: (1) evaluate investment opportunities for BFAM and growth opportunities for Blue Forest broadly, and (2) contribute to a reputation of collaboration, diligence, and top-notch analysis on the fast-growing Investment team at Blue Forest.
Responsibilities & Duties
Investment Due Diligence and Financial Modeling (60%)
Perform detailed financial analysis of investment opportunities, including building and populating accurate and effective financial models in Microsoft Excel
Screen potential investments and write clear, concise memos to convey findings to internal audiences, including the Executive Team and Investment Committee
Support Investment team members in all aspects of due diligence, including market research, reviewing third-party consultant reports, legal document review, and financial due diligence broadly
Coordinate Blue Forest’s impact strategy for its investment, including impact quantification efforts
Ongoing Investment Management (30%)
Coordinate ongoing payments flows, such as loan drawdowns, interest payments, etc. (including with third-party service providers as relevant)
Monitor covenants and other operational elements of deals
Build and maintain financial models as inputs into the Blue Forest portfolio management function
Contribute to investor reports and other Blue Forest collateral
Financial Systems and Processes (10%)
Continuously improve BFAM Investment team policies, procedures, and playbooks
Execute key portions of business processes, including budgeting, fund portfolio management, and ongoing investment management
Create and maintain systems, trackers, and processes for the Finance and Investment teams
Explore new conservation finance products and opportunities, expanding the financial opportunity set for ecosystem restoration
Additional Information
Blue Forest is a remote company with staff distributed in some geographies where we can focus our impact and located across all four continental US time zones. This job is remote; however, due to travel around the Western United States for due diligence, there is a preference for a candidate based in the Western US. The Investment Analyst/Associate will be expected to be online during their respective standard working hours.
Qualifications
Blue Forest will prioritize the following qualifications in the hiring process; however, we only expect candidates to fulfill some criteria and encourage all interested candidates to apply.
2+ years of investments and/or financial analysis experience, with experience in some or all of the following areas required:
Private equity, private credit, structured finance, or project finance;
Forest products, bioenergy/biofuels, or other forestry- and natural-resource adjacent sectors
Robust financial modeling and Excel skills are a must!
Experience with investment transactions, including sourcing, due diligence, modeling, and closing
Willingness and ability to travel throughout California and the Western US, including in rural and hard-to-reach areas
Clear written and verbal communication
Exposure to fixed-income investments and/or forestry and climate finance is a plus
Demonstrated interest in and commitment to environmental conservation and climate resilience
BENEFITS
100% employer-paid health, dental, and vision coverage; subsidized coverage for dependents
Access to a 401k retirement plan with a 4% employer match
Starting 3 weeks paid vacation and 17 paid holidays; paid sick leave and volunteer time
3 months of paid family leave
Employer-paid life and long-term disability insurance
Access to Dependent Care FSA
Public Lands Exploration stipend (reimbursements for visits to National Forests, county parks, etc.)
Monthly Home Office stipend or co-working space provided
Travel and partial dependant care costs provided for business travel
Additional stipends for health & wellness; home internet and cell service; and professional development
COVID VACCINE REQUIREMENT
All Blue Forest staff are required to be “fully vaccinated” against COVID-19, as the Centers for Disease Control and Prevention defines that term. Proof of full vaccination shall be a condition of employment and must be provided prior to starting work, except where prohibited by law. Blue Forest is an Equal Opportunity Employer, and the company will engage in the interactive process regarding reasonable accommodations for candidates who cannot be vaccinated due to a disability/medical condition; a sincerely held religious belief, practice or observance; or a claimed exemption under applicable state law.
HOW TO APPLY
To apply to this position, submit a resume on recruitee . People from historically underrepresented populations and candidates with non-traditional career paths are especially encouraged to apply. Applications will be accepted on a rolling basis, and those submitted by March 15th, 2024 , will be prioritized.
If participating in the interview process would require you to incur additional expenses to participate, such as childcare, please let us know, and we are happy to reimburse for reasonable expenses incurred up to $30/hour for twice the length of each interview in which you participate. There will be space to request this reimbursement upon offer of an interview.
Blue Forest provides equal employment and opportunities for advancement, compensation, training, and growth according to individual merit, without regard to race, color, religion, sex (including pregnancy), national origin, sexual orientation, gender identity, marital status, age, genetic information, disability, veteran status, or any other characteristic protected under applicable Federal, state, or local law. Applicants must have authorization to work in the United States.
Minimum Education Enrolled in a graduate degree program at an accredited university and returning to continue studies after the internship. Minimum Experience Summary The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in a graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.
The Policy Development team in the Division of Supervision & Regulation is responsible for developing and implementing policies relating to financial institution supervision and regulation. Examples of the team’s work include rule-makings, guidance, rule interpretations, and briefing materials for senior officials involving matters such as capital, liquidity, resolution, and other areas of the bank regulatory framework. The summer intern in the Policy Development section will work closely with section policy analysts and management to conduct analysis and writing in support of bank regulatory policy development and interpretations. Over the course of the internship, the student will: • Develop an understanding of various banking activities and how and why they are regulated. • Become familiar with the regulatory policy process, including federal agency rule-making. • Conduct research and qualitative and quantitative analysis to inform policy decisions and interpretations. • Have opportunities to contribute to internal briefing and external communications materials. The ideal candidate will have: • Strong critical thinking, problem-solving, and analytical skills. • Strong written and oral communication skills. • Ability to learn, digest, and engage in new topics. Candidate feels comfortable working in unfamiliar territory and delving into new topics, issues, and challenges. • Intellectual curiosity and interest in financial institution regulatory and policy issues. • Flexibility to manage competing priorities efficiently and to complete tasks under tight deadlines. • Ability to distill complex information and identify appropriate options or solutions for decision makers. • Ability to incorporate feedback effectively and efficiently. • Attention to detail, thoroughness, organization, timeliness, sound judgment, resourcefulness, and creativity. Suggested Major/Program: Current student in a graduate-level program, focused on Public Policy, Law, Economics, Finance or a related field. Required Skills and Knowledge: Strong written communication skills; Microsoft office Preferred Skills and Knowledge: Experience or knowledge in finance, capital markets, or banking is desirable, but not required. Required Documents for application: Resume, unofficial transcript; cover letter recommended; a writing sample may be requested during the recruiting process. Location: This position is open to candidates able to work in either a hybrid (at our offices in Washington, DC) or remote capacity. U.S Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2024 or later.
Sep 26, 2023
Intern
Minimum Education Enrolled in a graduate degree program at an accredited university and returning to continue studies after the internship. Minimum Experience Summary The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market. Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in a graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship. Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.
The Policy Development team in the Division of Supervision & Regulation is responsible for developing and implementing policies relating to financial institution supervision and regulation. Examples of the team’s work include rule-makings, guidance, rule interpretations, and briefing materials for senior officials involving matters such as capital, liquidity, resolution, and other areas of the bank regulatory framework. The summer intern in the Policy Development section will work closely with section policy analysts and management to conduct analysis and writing in support of bank regulatory policy development and interpretations. Over the course of the internship, the student will: • Develop an understanding of various banking activities and how and why they are regulated. • Become familiar with the regulatory policy process, including federal agency rule-making. • Conduct research and qualitative and quantitative analysis to inform policy decisions and interpretations. • Have opportunities to contribute to internal briefing and external communications materials. The ideal candidate will have: • Strong critical thinking, problem-solving, and analytical skills. • Strong written and oral communication skills. • Ability to learn, digest, and engage in new topics. Candidate feels comfortable working in unfamiliar territory and delving into new topics, issues, and challenges. • Intellectual curiosity and interest in financial institution regulatory and policy issues. • Flexibility to manage competing priorities efficiently and to complete tasks under tight deadlines. • Ability to distill complex information and identify appropriate options or solutions for decision makers. • Ability to incorporate feedback effectively and efficiently. • Attention to detail, thoroughness, organization, timeliness, sound judgment, resourcefulness, and creativity. Suggested Major/Program: Current student in a graduate-level program, focused on Public Policy, Law, Economics, Finance or a related field. Required Skills and Knowledge: Strong written communication skills; Microsoft office Preferred Skills and Knowledge: Experience or knowledge in finance, capital markets, or banking is desirable, but not required. Required Documents for application: Resume, unofficial transcript; cover letter recommended; a writing sample may be requested during the recruiting process. Location: This position is open to candidates able to work in either a hybrid (at our offices in Washington, DC) or remote capacity. U.S Citizenship is required for all Board internships and applicants must be current students, graduating from their program Fall 2024 or later.
Overview
Who We Are
At Cadmus, we recognize that solving the world’s challenges cannot be accomplished alone or with cookie-cutter solutions. That is why we look for team players and problem-solvers who are driven to use their unique perspectives and intellectual curiosity to help deliver transformative results. On the Cadmus team, you will collaborate with leading experts to help clients across the globe improve peoples’ lives, spur the economic wellbeing of communities, and strengthen public and private institutions. Our global impact spans across Africa, Asia and the Pacific, Europe, Latin America and the Caribbean, and the Middle East.
Cadmus’ mission is to leverage our industry know-how to advance clients' exceptional outcomes in service of society and the natural world. To achieve this, we are continually expanding our team, bringing onboard new talent to deliver cutting-edge solutions that surpass expectations. In February 2023, Cadmus acquired Nathan Associates, a trusted development partner with over 75 years of expertise supporting clients worldwide. With Nathan Associates now operating as the International Development Division (IDD) at Cadmus, there have never been more exciting opportunities for our team members to grow professionally and accelerate impact in their fields. We seek to recruit and retain talent that helps advance the global priorities of IDD’s clients and the Cadmus mission.
We offer competitive compensation, outstanding health care and retirement benefits, a vibrant and collaborative work environment, and opportunities for professional growth. We are committed to advancing diversity and fostering a culture of equity in the workplace and across society, and we strive to maintain an inclusive environment where all employees feel connected, respected, and valued.
Join Cadmus. Let’s solve the world’s most challenging problems together.
Responsibilities
What You’ll Be Doing
The Cadmus Group is looking for a Senior Analyst who is adaptable and thrives in a collaborative, team-driven culture. As a member of the team, you will assist with developing financial models and analyzing data to aid in driving decisions and influencing client deliverables .
This is a great opportunity to have a direct impact on client deliverables to advance your skills and deepen your experience in the financial services sector.
Specific responsibilities of the position include but are not limited to the following:
Assist senior staff members and other analysts in providing cutting edge solutions to our financial institution clients in the areas of Risk, Compliance, Accounting, and Finance
Conducting economic, financial, and statistical analysis of issues pertaining to Banks and other financial institutions
Collect and synthesize economic and financial data
Create and manage complex databases, financial models, and spreadsheets
Review and prepare documents for client deliverables and internal analysis
Develop, validate, and document various econometric, financial, and mathematical models
Apply advanced modeling techniques to drive outcomes
Conduct advanced research involving banking and capital markets issues for clients across the US and globally
Qualifications
Master’s degree in Economics, Applied Economics, Finance or a related field (preferably with courses in statistics, econometrics, mathematics, and computer science) required; PhD preferred
A minimum of one year of experience in banking or a related field
Project work using data visualization and regression analysis
Knowledge of advanced modeling techniques such as Machine Learning
Experience working with Stata, SAS, R, Python or other statistical and database programs preferred
Excellent written and verbal communication skills.
Strong analytical skills, attention to details, and desire to learn
Additional Information:
This position will be based in Arlington, Virginia, which is a hybrid workplace
Candidates must be eligible to work in the United States as a U.S Perm Resident or U.S. Citizen
Based on eligibility and job status, Cadmus offers an excellent benefits package to include medical, dental, vision, company paid disability and life insurance, 401(k) program, paid time off (PTO), paid holidays, voluntary time off (VTO), tuition reimbursement, adoption assistance program, other optional benefits, and various bonus programs.
The minimum starting salary for this position is $70,000. The actual salary may be higher and will be determined by several factors, including relevant work experience, education, skills, and market competitiveness.
We value the critical role safety and health protocols contribute to everyone’s success at Cadmus, and work together to align and comply with all federal, state, and local safety and health mandates related to COVID to ensure a safe and valuable work environment.
Candidates who will be required to travel to specific countries must be willing to meet all of the requirements of the destination country(ies) for unimpeded entry.
Cadmus is an Equal Opportunity, Affirmative Action Employer and prohibits unlawful discrimination. Cadmus is committed to providing a respectful workplace where equal employment opportunities are available to all applicants and employees without regard to race, color, religion, sex (including pregnancy), sexual orientation (including gender identity and/or expression), national origin, military and veteran status, physical and mental disability, or any other characteristic protected by applicable law.
Learn more about Cadmus by visiting our website at: http://www.cadmusgroup.com
Jun 07, 2023
Full time
Overview
Who We Are
At Cadmus, we recognize that solving the world’s challenges cannot be accomplished alone or with cookie-cutter solutions. That is why we look for team players and problem-solvers who are driven to use their unique perspectives and intellectual curiosity to help deliver transformative results. On the Cadmus team, you will collaborate with leading experts to help clients across the globe improve peoples’ lives, spur the economic wellbeing of communities, and strengthen public and private institutions. Our global impact spans across Africa, Asia and the Pacific, Europe, Latin America and the Caribbean, and the Middle East.
Cadmus’ mission is to leverage our industry know-how to advance clients' exceptional outcomes in service of society and the natural world. To achieve this, we are continually expanding our team, bringing onboard new talent to deliver cutting-edge solutions that surpass expectations. In February 2023, Cadmus acquired Nathan Associates, a trusted development partner with over 75 years of expertise supporting clients worldwide. With Nathan Associates now operating as the International Development Division (IDD) at Cadmus, there have never been more exciting opportunities for our team members to grow professionally and accelerate impact in their fields. We seek to recruit and retain talent that helps advance the global priorities of IDD’s clients and the Cadmus mission.
We offer competitive compensation, outstanding health care and retirement benefits, a vibrant and collaborative work environment, and opportunities for professional growth. We are committed to advancing diversity and fostering a culture of equity in the workplace and across society, and we strive to maintain an inclusive environment where all employees feel connected, respected, and valued.
Join Cadmus. Let’s solve the world’s most challenging problems together.
Responsibilities
What You’ll Be Doing
The Cadmus Group is looking for a Senior Analyst who is adaptable and thrives in a collaborative, team-driven culture. As a member of the team, you will assist with developing financial models and analyzing data to aid in driving decisions and influencing client deliverables .
This is a great opportunity to have a direct impact on client deliverables to advance your skills and deepen your experience in the financial services sector.
Specific responsibilities of the position include but are not limited to the following:
Assist senior staff members and other analysts in providing cutting edge solutions to our financial institution clients in the areas of Risk, Compliance, Accounting, and Finance
Conducting economic, financial, and statistical analysis of issues pertaining to Banks and other financial institutions
Collect and synthesize economic and financial data
Create and manage complex databases, financial models, and spreadsheets
Review and prepare documents for client deliverables and internal analysis
Develop, validate, and document various econometric, financial, and mathematical models
Apply advanced modeling techniques to drive outcomes
Conduct advanced research involving banking and capital markets issues for clients across the US and globally
Qualifications
Master’s degree in Economics, Applied Economics, Finance or a related field (preferably with courses in statistics, econometrics, mathematics, and computer science) required; PhD preferred
A minimum of one year of experience in banking or a related field
Project work using data visualization and regression analysis
Knowledge of advanced modeling techniques such as Machine Learning
Experience working with Stata, SAS, R, Python or other statistical and database programs preferred
Excellent written and verbal communication skills.
Strong analytical skills, attention to details, and desire to learn
Additional Information:
This position will be based in Arlington, Virginia, which is a hybrid workplace
Candidates must be eligible to work in the United States as a U.S Perm Resident or U.S. Citizen
Based on eligibility and job status, Cadmus offers an excellent benefits package to include medical, dental, vision, company paid disability and life insurance, 401(k) program, paid time off (PTO), paid holidays, voluntary time off (VTO), tuition reimbursement, adoption assistance program, other optional benefits, and various bonus programs.
The minimum starting salary for this position is $70,000. The actual salary may be higher and will be determined by several factors, including relevant work experience, education, skills, and market competitiveness.
We value the critical role safety and health protocols contribute to everyone’s success at Cadmus, and work together to align and comply with all federal, state, and local safety and health mandates related to COVID to ensure a safe and valuable work environment.
Candidates who will be required to travel to specific countries must be willing to meet all of the requirements of the destination country(ies) for unimpeded entry.
Cadmus is an Equal Opportunity, Affirmative Action Employer and prohibits unlawful discrimination. Cadmus is committed to providing a respectful workplace where equal employment opportunities are available to all applicants and employees without regard to race, color, religion, sex (including pregnancy), sexual orientation (including gender identity and/or expression), national origin, military and veteran status, physical and mental disability, or any other characteristic protected by applicable law.
Learn more about Cadmus by visiting our website at: http://www.cadmusgroup.com
Quantitative Analysts work under regular supervision to perform quantitative analysis including statistical modeling and data analysis in support of the Board's mission, Division goals, and Section objectives. Quantitative Analysts perform assigned project tasks while developing increased domain expertise and may lead well-defined tasks within a project. Quantitative Analysts share information and ideas regarding projects and work for their Project Team, Section, Division. Quantitative Analysts prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required. Principal Duties and Responsibilities Quantitative Analysts perform the following responsibilities under regular supervision: 1. Perform quantitative analysis including statistical modeling and data analysis in support of FRB mission, Division goals, and Section objectives. 2. Assist senior staff by providing support, information or analysis. 3. Prepare and deliver clear, accurate and concise communication orally and in writing. 4. Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders. 5. Perform assigned project tasks and lead well-defined tasks within a project. 6. Develop areas of expertise and technical skills. 7. Statistical Modeling: • Exhibit a strong understanding of statistical modeling techniques • Carry out a variety of aspects of the model life cycle including design, implementation, testing, production, validation, and assessment of models • Analyze and interpret results from models or a system of models • Document model features, assumptions, operational processes, and results 8. Data Analysis: • Implement efforts related to data analytics • Perform data extraction, cleaning, and organization • Produce charts, graphs, and other visualization techniques to analyze data • Identify relevant issues, trends, relationships between key variables, and draw conclusions 9. Quantitative Implementation: • Implement processes for scaling and automating modeling and production frameworks • Manage, construct, and query data sets • Follow systems and guidelines for ensuring reproducibility of model results and analysis 10. Financial Analysis: • Exhibit domain-specific knowledge to inform data-driven policy decisions • Conduct research related to the financial sector, institutions, and regulation • Respond to requests from senior management related to data, model results, operational processes, policy, and emerging risks in financial institutions and markets 11. Knowledge sharing and training of others: • Present work at forums within and across Divisions to share knowledge with others
Bachelor's degree in quantitative subject such as computer science, statistics, mathematics, physics, engineering, or degree in another subject such as finance, economics or relevant quantitative background. Minimum of 2 years of related experience or a master’s degree in a related field and 1 year of relevant experience (FR-24) or minimum of 3 years of related experience or a master’s degree in a related field and 2 years of related experience. (FR-25). Proficiency in computational/statistical programming. Experience working with large and complex data sets, including the ability to query databases. Remarks: This Quantitative Analyst role in the Stress Testing Production & Analysis section in Supervision and Regulation will support the quantitative stress tests of bank portfolios related to the Federal Reserve’s responsibilities under the Dodd-Frank Act and ongoing bank supervision. The analyst will be assigned to perform the following duties: • Implement, modify, test, and document models and systems used in the stress test; • Execute stress test models and conduct analysis of model outputs to better inform ongoing bank supervision; and/or • Assess and analyze regulatory collections and other data used in the stress test. The ideal candidate has strong analytical and communication skills; a high level of intellectual curiosity; a demonstrated potential to conduct analysis of banks using large datasets; a solid conceptual understanding of statistical and econometric concepts; and knowledge of or interest in bank regulatory capital. The position will require flexibility to work extended hours to meet deadlines, especially during the stress test production quarter (currently April - June). Specifically, the ideal candidate will meet several of the following: • Demonstrated experience in data management or statistical modeling, with knowledge of statistical and econometric modeling techniques and approaches • Experience with database management tools (such as Microsoft SQL Server) • Proficiency in one or more statistical programming languages (especially R and/or SAS) is required, and the ideal candidate will have experience using scripting languages (such as Python), Linux, and a version control system (such as Git) • Ability to write and communicate clearly, deliver effective presentations, and conduct research • Strong interpersonal skills, including the ability to work in a group setting in a matrix environment while accomplishing multiple goals within established and changing deadlines • Familiarity with bank regulatory capital measures and US GAAP accounting standards • Familiarity with modern revenue and/or risk modeling practices and industry standards • Experience with software development best practices such as software development life cycle (SDLC) is preferred This position will require an on-site presence in Washington, DC. Travel: less than 25% A writing sample and assessment and data analysis exercise will be part of the application process.
Jan 31, 2023
Full time
Quantitative Analysts work under regular supervision to perform quantitative analysis including statistical modeling and data analysis in support of the Board's mission, Division goals, and Section objectives. Quantitative Analysts perform assigned project tasks while developing increased domain expertise and may lead well-defined tasks within a project. Quantitative Analysts share information and ideas regarding projects and work for their Project Team, Section, Division. Quantitative Analysts prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required. Principal Duties and Responsibilities Quantitative Analysts perform the following responsibilities under regular supervision: 1. Perform quantitative analysis including statistical modeling and data analysis in support of FRB mission, Division goals, and Section objectives. 2. Assist senior staff by providing support, information or analysis. 3. Prepare and deliver clear, accurate and concise communication orally and in writing. 4. Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders. 5. Perform assigned project tasks and lead well-defined tasks within a project. 6. Develop areas of expertise and technical skills. 7. Statistical Modeling: • Exhibit a strong understanding of statistical modeling techniques • Carry out a variety of aspects of the model life cycle including design, implementation, testing, production, validation, and assessment of models • Analyze and interpret results from models or a system of models • Document model features, assumptions, operational processes, and results 8. Data Analysis: • Implement efforts related to data analytics • Perform data extraction, cleaning, and organization • Produce charts, graphs, and other visualization techniques to analyze data • Identify relevant issues, trends, relationships between key variables, and draw conclusions 9. Quantitative Implementation: • Implement processes for scaling and automating modeling and production frameworks • Manage, construct, and query data sets • Follow systems and guidelines for ensuring reproducibility of model results and analysis 10. Financial Analysis: • Exhibit domain-specific knowledge to inform data-driven policy decisions • Conduct research related to the financial sector, institutions, and regulation • Respond to requests from senior management related to data, model results, operational processes, policy, and emerging risks in financial institutions and markets 11. Knowledge sharing and training of others: • Present work at forums within and across Divisions to share knowledge with others
Bachelor's degree in quantitative subject such as computer science, statistics, mathematics, physics, engineering, or degree in another subject such as finance, economics or relevant quantitative background. Minimum of 2 years of related experience or a master’s degree in a related field and 1 year of relevant experience (FR-24) or minimum of 3 years of related experience or a master’s degree in a related field and 2 years of related experience. (FR-25). Proficiency in computational/statistical programming. Experience working with large and complex data sets, including the ability to query databases. Remarks: This Quantitative Analyst role in the Stress Testing Production & Analysis section in Supervision and Regulation will support the quantitative stress tests of bank portfolios related to the Federal Reserve’s responsibilities under the Dodd-Frank Act and ongoing bank supervision. The analyst will be assigned to perform the following duties: • Implement, modify, test, and document models and systems used in the stress test; • Execute stress test models and conduct analysis of model outputs to better inform ongoing bank supervision; and/or • Assess and analyze regulatory collections and other data used in the stress test. The ideal candidate has strong analytical and communication skills; a high level of intellectual curiosity; a demonstrated potential to conduct analysis of banks using large datasets; a solid conceptual understanding of statistical and econometric concepts; and knowledge of or interest in bank regulatory capital. The position will require flexibility to work extended hours to meet deadlines, especially during the stress test production quarter (currently April - June). Specifically, the ideal candidate will meet several of the following: • Demonstrated experience in data management or statistical modeling, with knowledge of statistical and econometric modeling techniques and approaches • Experience with database management tools (such as Microsoft SQL Server) • Proficiency in one or more statistical programming languages (especially R and/or SAS) is required, and the ideal candidate will have experience using scripting languages (such as Python), Linux, and a version control system (such as Git) • Ability to write and communicate clearly, deliver effective presentations, and conduct research • Strong interpersonal skills, including the ability to work in a group setting in a matrix environment while accomplishing multiple goals within established and changing deadlines • Familiarity with bank regulatory capital measures and US GAAP accounting standards • Familiarity with modern revenue and/or risk modeling practices and industry standards • Experience with software development best practices such as software development life cycle (SDLC) is preferred This position will require an on-site presence in Washington, DC. Travel: less than 25% A writing sample and assessment and data analysis exercise will be part of the application process.
Federal Reserve Board
Washington, District of Columbia
DESCRIPTION/RESPONSIBILITIES: Note: This requisition is not an actual job vacancy, but serves to establish a pipeline of interested individuals for Financial Institution & Policy Analyst (FIPA) openings in the Division of Reserve Bank Operations and Payment Systems (RBOPS). Candidates may be contacted at any time through Q3 2022 with more details about specific team vacancies. Financial Institution and Policy Analysts (FIPAs) may play many roles related to their jobs. They are responsible for a combination of the following roles/areas of responsibility: Data Analysis • Supports in producing charts, graphs, and other visuals to help analyze data • Helps identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Helps identify data that can be used to analyze policy
Examination and Supervision • Participate in and/or lead examinations and reviews • Support and implement supervision and/or oversight policies and programs Policy • Helps to interpret and/or implement policy, regulation, and/or guidance • Participate in drafting policy recommendations supported by logical reasoning and sound analysis
Policy • Helps to interpret and/or implement policy, regulation, and/or guidance • Participate in drafting policy recommendations supported by logical reasoning and sound analysis
Risk Management • Helps to identify and analyze emerging risks in financial institutions and markets • Apply appropriate risk management frameworks and policies to support oversight of financial institutions Data Analysis • Supports in producing charts, graphs, and other visuals to help analyze data • Helps identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Helps identify data that can be used to analyze policy Financial Analysis • Supports in performing analysis of financial data and information in support of Division/Section's area of responsibility • Clearly present analyses of financial/regulatory data • Helps identify relevant issues and trends and draw conclusions through analysis of financial data
Financial Analysis • Supports in performing analysis of financial data and information in support of Division/Section's area of responsibility • Clearly present analyses of financial/regulatory data • Helps identify relevant issues and trends and draw conclusions through analysis of financial data
FIPAs identify options, assess trade-offs, measure outcomes, and develop consensus related to novel and complex projects involving Federal Reserve Banks’ policies, operations, compliance, and information management; systemically important financial market infrastructures (FMIs); payment, clearance, and settlement (PCS) activities; and the broader financial and payment systems. They regularly collaborate with staff from the Federal Reserve System, other domestic and international authorities, and international standard-setting bodies. Projects include those that ultimately lead to decisions by the Board; Board Committees, notably the Committee on Federal Reserve Bank Affairs (BAC) and the Payments System Policy Advisory Committee (PSPAC); and senior Division and Reserve Banks’ management.
REQUIRED SKILLS: • Degree in finance, accounting, business administration, public policy, economics, or another related field and minimum years of related experience, as outlined by grade below, is required. • FR-24: Bachelor's + 2 years, or a master’s + 1 year. • FR-25: Bachelor's + 3 years, or a master's + 2 years.
Must be able to perform basic or developmental level work in activities involving these competencies, and must be capable of demonstrating them after receiving specific instructions and guidance • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions. • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa. • Knowledge of Relevant Policy: The ability to interpret, apply, and recommend changes as needed to policies specific to areas of responsibility. • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations.
Prior experience in one of the following areas is a plus: Financial Market Infrastructure or bank supervision, policy or analysis; capital markets or trading; financial risk management including stress testing, value-at-risk modeling, derivative pricing, counterparty credit risk management; or operational risk management.
Note 1. Writing sample may be requested. 2. Roles are not eligible for full-time remote work and will require on-site presence in Washington, D.C. via a hybrid schedule.
Jan 31, 2023
Full time
DESCRIPTION/RESPONSIBILITIES: Note: This requisition is not an actual job vacancy, but serves to establish a pipeline of interested individuals for Financial Institution & Policy Analyst (FIPA) openings in the Division of Reserve Bank Operations and Payment Systems (RBOPS). Candidates may be contacted at any time through Q3 2022 with more details about specific team vacancies. Financial Institution and Policy Analysts (FIPAs) may play many roles related to their jobs. They are responsible for a combination of the following roles/areas of responsibility: Data Analysis • Supports in producing charts, graphs, and other visuals to help analyze data • Helps identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Helps identify data that can be used to analyze policy
Examination and Supervision • Participate in and/or lead examinations and reviews • Support and implement supervision and/or oversight policies and programs Policy • Helps to interpret and/or implement policy, regulation, and/or guidance • Participate in drafting policy recommendations supported by logical reasoning and sound analysis
Policy • Helps to interpret and/or implement policy, regulation, and/or guidance • Participate in drafting policy recommendations supported by logical reasoning and sound analysis
Risk Management • Helps to identify and analyze emerging risks in financial institutions and markets • Apply appropriate risk management frameworks and policies to support oversight of financial institutions Data Analysis • Supports in producing charts, graphs, and other visuals to help analyze data • Helps identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Helps identify data that can be used to analyze policy Financial Analysis • Supports in performing analysis of financial data and information in support of Division/Section's area of responsibility • Clearly present analyses of financial/regulatory data • Helps identify relevant issues and trends and draw conclusions through analysis of financial data
Financial Analysis • Supports in performing analysis of financial data and information in support of Division/Section's area of responsibility • Clearly present analyses of financial/regulatory data • Helps identify relevant issues and trends and draw conclusions through analysis of financial data
FIPAs identify options, assess trade-offs, measure outcomes, and develop consensus related to novel and complex projects involving Federal Reserve Banks’ policies, operations, compliance, and information management; systemically important financial market infrastructures (FMIs); payment, clearance, and settlement (PCS) activities; and the broader financial and payment systems. They regularly collaborate with staff from the Federal Reserve System, other domestic and international authorities, and international standard-setting bodies. Projects include those that ultimately lead to decisions by the Board; Board Committees, notably the Committee on Federal Reserve Bank Affairs (BAC) and the Payments System Policy Advisory Committee (PSPAC); and senior Division and Reserve Banks’ management.
REQUIRED SKILLS: • Degree in finance, accounting, business administration, public policy, economics, or another related field and minimum years of related experience, as outlined by grade below, is required. • FR-24: Bachelor's + 2 years, or a master’s + 1 year. • FR-25: Bachelor's + 3 years, or a master's + 2 years.
Must be able to perform basic or developmental level work in activities involving these competencies, and must be capable of demonstrating them after receiving specific instructions and guidance • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions. • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa. • Knowledge of Relevant Policy: The ability to interpret, apply, and recommend changes as needed to policies specific to areas of responsibility. • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations.
Prior experience in one of the following areas is a plus: Financial Market Infrastructure or bank supervision, policy or analysis; capital markets or trading; financial risk management including stress testing, value-at-risk modeling, derivative pricing, counterparty credit risk management; or operational risk management.
Note 1. Writing sample may be requested. 2. Roles are not eligible for full-time remote work and will require on-site presence in Washington, D.C. via a hybrid schedule.
DESCRIPTION/RESPONSIBILITIES:
The Capital Markets section within the Division of Research and Statistics is looking for an entry-to-mid level Financial Markets Analyst professional in a three-year term position to support and contribute to the monitoring and analysis of U.S. capital markets and the credit quality of the corporate sector and state and local governments. In collaboration with other section members, the Financial Markets Analyst will contribute to monitoring trends and conditions within domestic financial markets, assessing relevant data sources, and developing projects that deploy those data sources and indicators to analyze these markets. The Financial Markets Analyst will work as part of a team of 10 Economists, 2 Technology Analysts, and 5 Research Assistants.
The primary responsibility of the Financial Markets Analyst is to support the economic analysis of financial markets. This work includes monitoring and communicating developments in domestic equity, corporate bond, and/or municipal bond markets and contributing to key policy reports; identifying and assessing the value of new or alternative data sources and outside analysis for monitoring these markets; using data management and coding skills to develop timely indicators of market functioning and credit quality; and acting as support for the various data services provided by the section when necessary. In all tasks, the Analyst will be working closely with other section members to properly analyze the data for policy documents and for research on financial markets that informs the conduct of monetary policy and the assessment of financial stability risks and vulnerabilities. In some projects, the Analyst may be expected to contribute to designing, drafting, and presenting some of the analysis or coordinating the work of different job families.
Because coverage of financial markets is at the core of the mission for the section, the Analyst will work with various financial databases, economic concepts, and data-driven indicators to monitor, assess, and interpret developments in domestic capital markets. As such, subject matter experience or training in financial markets, corporate finance, or asset pricing is particularly useful. Because data is at the core of the analytical approach of the section, the Analyst will work with various computing and statistical languages and tools to achieve these goals. This includes use of R and Matlab, among others, for analysis and management of data. Because we are a highly collaborative group, team spirit and good communication skills are highly valued as well as the ability to conduct independent work.
REQUIRED SKILLS:
* A Bachelor's degree in Economics, Finance, Statistics, Applied Mathematics, or related field is required, with a minimum of 2 years of related experience or a master’s degree with 1 year of experience.
* Experience or training in concepts related to domestic financial markets, the pricing of financial assets, and an interest in monitoring, understanding, and communicating developments in domestic capital markets.
* Experience or interest in working as part of a team in conducting economic and financial analysis that requires the use and visualization of data is essential. Experience in leading such projects is a plus.
* Strong knowledge of programming, and strong proficiency in at least one of the following is preferred: R, SAS, or Matlab. Experience in creating and managing large databases is a plus.
Oct 20, 2022
Full time
DESCRIPTION/RESPONSIBILITIES:
The Capital Markets section within the Division of Research and Statistics is looking for an entry-to-mid level Financial Markets Analyst professional in a three-year term position to support and contribute to the monitoring and analysis of U.S. capital markets and the credit quality of the corporate sector and state and local governments. In collaboration with other section members, the Financial Markets Analyst will contribute to monitoring trends and conditions within domestic financial markets, assessing relevant data sources, and developing projects that deploy those data sources and indicators to analyze these markets. The Financial Markets Analyst will work as part of a team of 10 Economists, 2 Technology Analysts, and 5 Research Assistants.
The primary responsibility of the Financial Markets Analyst is to support the economic analysis of financial markets. This work includes monitoring and communicating developments in domestic equity, corporate bond, and/or municipal bond markets and contributing to key policy reports; identifying and assessing the value of new or alternative data sources and outside analysis for monitoring these markets; using data management and coding skills to develop timely indicators of market functioning and credit quality; and acting as support for the various data services provided by the section when necessary. In all tasks, the Analyst will be working closely with other section members to properly analyze the data for policy documents and for research on financial markets that informs the conduct of monetary policy and the assessment of financial stability risks and vulnerabilities. In some projects, the Analyst may be expected to contribute to designing, drafting, and presenting some of the analysis or coordinating the work of different job families.
Because coverage of financial markets is at the core of the mission for the section, the Analyst will work with various financial databases, economic concepts, and data-driven indicators to monitor, assess, and interpret developments in domestic capital markets. As such, subject matter experience or training in financial markets, corporate finance, or asset pricing is particularly useful. Because data is at the core of the analytical approach of the section, the Analyst will work with various computing and statistical languages and tools to achieve these goals. This includes use of R and Matlab, among others, for analysis and management of data. Because we are a highly collaborative group, team spirit and good communication skills are highly valued as well as the ability to conduct independent work.
REQUIRED SKILLS:
* A Bachelor's degree in Economics, Finance, Statistics, Applied Mathematics, or related field is required, with a minimum of 2 years of related experience or a master’s degree with 1 year of experience.
* Experience or training in concepts related to domestic financial markets, the pricing of financial assets, and an interest in monitoring, understanding, and communicating developments in domestic capital markets.
* Experience or interest in working as part of a team in conducting economic and financial analysis that requires the use and visualization of data is essential. Experience in leading such projects is a plus.
* Strong knowledge of programming, and strong proficiency in at least one of the following is preferred: R, SAS, or Matlab. Experience in creating and managing large databases is a plus.
Federal Reserve Board
Washington, District of Columbia
DESCRIPTION/RESPONSIBILITIES: Senior Financial Institution and Policy Analysts work under regular guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the primary contributor and may lead projects and teams and often represent the Section or Division on projects and task forces. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders.
The Policy Development team in the Division of Supervision & Regulation is responsible for developing and implementing policies relating to financial institution supervision and regulation, consistent with statutory requirements and Board priorities and in collaboration with key internal and external stakeholders. Examples of the team’s work include rulemakings, guidance, rule interpretations, and briefing materials for governors and other senior officials involving matters such as capital, liquidity, resolution, and other areas of the bank regulatory framework.
In this role, the incumbent should expect to: • Conduct qualitative and quantitative analysis in support of policy development • Interpret regulations and guidance relating to banking organizations of various sizes • Draft or contribute to written policy materials and communications materials on regulatory and supervisory policy matters • Engage, coordinate, and collaborate with stakeholders within the Federal Reserve, with other U.S. financial regulatory agencies, and with international counterparts REQUIRED SKILLS: FR-26: • Bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 4 years of related experience
OR • Master’s degree in a related field and a minimum of 3 years of related experience
FR- 26: • Bachelor's Degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience
OR • Master's degree in a related field and a minimum of 4 years of related experience
Senior Financial Institution and Policy Analysts must be able to immediately contribute to the success of work requiring the following competencies and be able to serve as an advisor to provide insight in their application: • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa • Knowledge of Relevant Policy: The ability to interpret, apply and recommend changes as needed to policies specific to areas of responsibility • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations
The ideal candidate will have a proven record of: • Ability to conduct analysis and writing in support of policy development and to understand and interpret regulations and guidance for banking organizations of various sizes • Strong critical thinking, problem-solving, and analytical skills. • Strong written and oral communication skills. • Ability to learn, digest, and engage in new topics. Candidate feels comfortable working in unfamiliar territory and delving into new topics, issues, and challenges. • Intellectual curiosity and interest in financial institution regulatory and policy issues. • Flexibility to manage competing priorities efficiently and to complete tasks under tight deadlines. • Ability to distill complex information and identify appropriate options or solutions for decision makers. • Ability to incorporate feedback effectively and efficiently. • Strong attention to detail, thoroughness, organization, timeliness, sound judgment, resourcefulness, and creativity.
Additional qualifications for grade FR-27 only: • Ability to manage and successfully complete multiple and/or complex projects simultaneously, keeping management and senior leadership apprised of developments and areas of disagreement. • Ability to provide day-to-day guidance to junior staff and facilitate their learning and development. • Exhibit leadership, make appropriate decisions, and can work across stakeholders to accomplish key project objectives or outcomes.
Experience or knowledge in finance, capital markets, or banking is desirable. Advanced degree in business, law, public policy, or related fields is desirable.
Notes: • Travel required: 5-10%. • The interview process may include a writing exercise. • This position will require an on-site presence in Washington, DC.
Sep 16, 2022
Full time
DESCRIPTION/RESPONSIBILITIES: Senior Financial Institution and Policy Analysts work under regular guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the primary contributor and may lead projects and teams and often represent the Section or Division on projects and task forces. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders.
The Policy Development team in the Division of Supervision & Regulation is responsible for developing and implementing policies relating to financial institution supervision and regulation, consistent with statutory requirements and Board priorities and in collaboration with key internal and external stakeholders. Examples of the team’s work include rulemakings, guidance, rule interpretations, and briefing materials for governors and other senior officials involving matters such as capital, liquidity, resolution, and other areas of the bank regulatory framework.
In this role, the incumbent should expect to: • Conduct qualitative and quantitative analysis in support of policy development • Interpret regulations and guidance relating to banking organizations of various sizes • Draft or contribute to written policy materials and communications materials on regulatory and supervisory policy matters • Engage, coordinate, and collaborate with stakeholders within the Federal Reserve, with other U.S. financial regulatory agencies, and with international counterparts REQUIRED SKILLS: FR-26: • Bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 4 years of related experience
OR • Master’s degree in a related field and a minimum of 3 years of related experience
FR- 26: • Bachelor's Degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience
OR • Master's degree in a related field and a minimum of 4 years of related experience
Senior Financial Institution and Policy Analysts must be able to immediately contribute to the success of work requiring the following competencies and be able to serve as an advisor to provide insight in their application: • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa • Knowledge of Relevant Policy: The ability to interpret, apply and recommend changes as needed to policies specific to areas of responsibility • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations
The ideal candidate will have a proven record of: • Ability to conduct analysis and writing in support of policy development and to understand and interpret regulations and guidance for banking organizations of various sizes • Strong critical thinking, problem-solving, and analytical skills. • Strong written and oral communication skills. • Ability to learn, digest, and engage in new topics. Candidate feels comfortable working in unfamiliar territory and delving into new topics, issues, and challenges. • Intellectual curiosity and interest in financial institution regulatory and policy issues. • Flexibility to manage competing priorities efficiently and to complete tasks under tight deadlines. • Ability to distill complex information and identify appropriate options or solutions for decision makers. • Ability to incorporate feedback effectively and efficiently. • Strong attention to detail, thoroughness, organization, timeliness, sound judgment, resourcefulness, and creativity.
Additional qualifications for grade FR-27 only: • Ability to manage and successfully complete multiple and/or complex projects simultaneously, keeping management and senior leadership apprised of developments and areas of disagreement. • Ability to provide day-to-day guidance to junior staff and facilitate their learning and development. • Exhibit leadership, make appropriate decisions, and can work across stakeholders to accomplish key project objectives or outcomes.
Experience or knowledge in finance, capital markets, or banking is desirable. Advanced degree in business, law, public policy, or related fields is desirable.
Notes: • Travel required: 5-10%. • The interview process may include a writing exercise. • This position will require an on-site presence in Washington, DC.
Federal Reserve Board
Washington, District of Columbia
DESCRIPTION/RESPONSIBILITIES: Financial Institution and Policy Analysts work under regular supervision to conduct in-depth analyses on quantitative and qualitative data. Perform assigned project tasks while developing domain expertise and may lead well-defined tasks within a project. Share information and ideas regarding projects and work primarily for their Project Team, Section, or Division. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders.
Financial Institution and Policy Analysts perform the following responsibilities under regular supervision: • Perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives • Assist senior staff by providing support, information or analysis • Prepare and deliver clear, accurate and concise communication orally and in writing • Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders • Perform assigned project tasks and lead well-defined tasks within a project • Support Section or Division in areas of expertise • Begin to develop areas of expertise
The LISCC supervision program is the Federal Reserve’s supervisory program for the nation’s largest and most systemic financial institutions. Its primary objective is to maintain safe and competitive U.S. and global banking systems. LISCC comprises of national programs staffed by individuals from multiple Reserve Banks and the Board, including Capital, Liquidity, Monitoring and Analysis Program (MAP), Governance and Controls (G&C), and Recovery and Resolution Program (RRP).
Description of LISCC Capital section: The LISCC Capital Section has an available position focusing on Capital-related examinations and support for policy and informational Board engagement with capital-related matters for large and complex firms. The capital program supports all facets of the national Capital Program. The program plans, facilitates, and directs the successful execution of the Capital Program's supervisory agenda through active forward planning and by providing a centralized logistics function. The LISCC Capital Section also develops and maintains a continuous understanding of supervisory issues pertinent to capital at large and complex firms to facilitate Board decisions and provide timely and effective information products to senior management and the broader Capital Program.
Principal Duties and Responsibilities: • Collaborate closely with other stakeholders to identify and develop supervisory and policy responses to risks that may arise. Examples of other stakeholders include dedicated supervisory teams (DST), horizontal evaluation teams (HET) and Board policy and legal. • Develop presentations and recommended messages for the Capital Steering Committee, as well as present any key divergent views to the senior stakeholders for final review and approval. • Coordinate and collaborate with LISCC program counterparts, including the Resolution and Recovery Program (RRP), the Liquidity Program, the Monitoring and Analysis Program (MAP) and the Governance and Controls Program (G&C), by participating in firm specific and horizontal examinations across various teams. • Serve as a subject matter expert on Capital topics.
REQUIRED SKILLS: FR-24: • Bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 2 years of related experience
OR • Master’s degree in a related field and a minimum of 1 year of related experience
FR- 25: • Bachelor's Degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 3 years of related experience
OR • Master's degree in a related field and a minimum of 2 years of related experience.
Must be able to perform basic or developmental level work in activities involving these competencies after receiving specific instructions and guidance: • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa. • Knowledge of Relevant Policy: The ability to interpret, apply, and recommend changes as needed to policies specific to areas of responsibility • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations • Knowledge of Various Financial Topics: basic knowledge of capital, liquidity, derivatives, and trading activities and/or in operational issues related to collateral management, payments clearing and settlement (PCS), and management information systems (MIS).
The successful candidate will have a proven record of: • Strong analytical skills • Strong written and verbal communication skills • Strong oral presentation skills • Strong teamwork and collaboration skills • Ability to communicate highly complex issues and supervisory concerns to a broad audience • Some experience or interest in learning how to analyze, interpret and present data. • Intellectual curiosity and mastery of complex topics
Note : The interview process will include a writing exercise. This position will require an on-site presence in Washington, DC- relocation assistance is available.
Sep 16, 2022
Full time
DESCRIPTION/RESPONSIBILITIES: Financial Institution and Policy Analysts work under regular supervision to conduct in-depth analyses on quantitative and qualitative data. Perform assigned project tasks while developing domain expertise and may lead well-defined tasks within a project. Share information and ideas regarding projects and work primarily for their Project Team, Section, or Division. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders.
Financial Institution and Policy Analysts perform the following responsibilities under regular supervision: • Perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives • Assist senior staff by providing support, information or analysis • Prepare and deliver clear, accurate and concise communication orally and in writing • Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders • Perform assigned project tasks and lead well-defined tasks within a project • Support Section or Division in areas of expertise • Begin to develop areas of expertise
The LISCC supervision program is the Federal Reserve’s supervisory program for the nation’s largest and most systemic financial institutions. Its primary objective is to maintain safe and competitive U.S. and global banking systems. LISCC comprises of national programs staffed by individuals from multiple Reserve Banks and the Board, including Capital, Liquidity, Monitoring and Analysis Program (MAP), Governance and Controls (G&C), and Recovery and Resolution Program (RRP).
Description of LISCC Capital section: The LISCC Capital Section has an available position focusing on Capital-related examinations and support for policy and informational Board engagement with capital-related matters for large and complex firms. The capital program supports all facets of the national Capital Program. The program plans, facilitates, and directs the successful execution of the Capital Program's supervisory agenda through active forward planning and by providing a centralized logistics function. The LISCC Capital Section also develops and maintains a continuous understanding of supervisory issues pertinent to capital at large and complex firms to facilitate Board decisions and provide timely and effective information products to senior management and the broader Capital Program.
Principal Duties and Responsibilities: • Collaborate closely with other stakeholders to identify and develop supervisory and policy responses to risks that may arise. Examples of other stakeholders include dedicated supervisory teams (DST), horizontal evaluation teams (HET) and Board policy and legal. • Develop presentations and recommended messages for the Capital Steering Committee, as well as present any key divergent views to the senior stakeholders for final review and approval. • Coordinate and collaborate with LISCC program counterparts, including the Resolution and Recovery Program (RRP), the Liquidity Program, the Monitoring and Analysis Program (MAP) and the Governance and Controls Program (G&C), by participating in firm specific and horizontal examinations across various teams. • Serve as a subject matter expert on Capital topics.
REQUIRED SKILLS: FR-24: • Bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 2 years of related experience
OR • Master’s degree in a related field and a minimum of 1 year of related experience
FR- 25: • Bachelor's Degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 3 years of related experience
OR • Master's degree in a related field and a minimum of 2 years of related experience.
Must be able to perform basic or developmental level work in activities involving these competencies after receiving specific instructions and guidance: • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa. • Knowledge of Relevant Policy: The ability to interpret, apply, and recommend changes as needed to policies specific to areas of responsibility • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations • Knowledge of Various Financial Topics: basic knowledge of capital, liquidity, derivatives, and trading activities and/or in operational issues related to collateral management, payments clearing and settlement (PCS), and management information systems (MIS).
The successful candidate will have a proven record of: • Strong analytical skills • Strong written and verbal communication skills • Strong oral presentation skills • Strong teamwork and collaboration skills • Ability to communicate highly complex issues and supervisory concerns to a broad audience • Some experience or interest in learning how to analyze, interpret and present data. • Intellectual curiosity and mastery of complex topics
Note : The interview process will include a writing exercise. This position will require an on-site presence in Washington, DC- relocation assistance is available.
Federal Reserve Board
Washington, District of Columbia
DESCRIPTION/RESPONSIBILITIES: Quantitative Analysts work under regular guidance to design and perform quantitative analysis including statistical modeling and data analysis in support of the Board's mission, Division goals, and Section objectives. Quantitative Analysts provide guidance and mentorship to new or junior staff. Quantitative Analysts serve as the primary contributor and may lead projects and teams across the Board of Governors. Quantitative Analysts prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required. Quantitative Analysts perform the following responsibilities independently: 1. Perform quantitative analysis including statistical modeling and data analysis in support of FRB mission, Division goals, and Section objectives. 2. Prepare and deliver clear, accurate and concise communication orally and in writing. 3. Share information and work for Section/Project Teams/Division or external stakeholders. 4. Serve as primary contributors and may lead projects or teams in the accomplishment of work. 5. Provide guidance to junior or new staff. 6. Represent the Section or Division on group projects or task forces. 7. Advise senior staff and managers. 8. Demonstrate areas of domain expertise and technical skills. 9. Statistical Modeling: • Exhibit an advanced understanding of sophisticated statistical modeling techniques • Carry out a variety of aspects of the model life cycle including design, implementation, testing, production, validation, and assessment of models • Analyze and interpret results from models or a system of models • Document model features, assumptions, operational processes, and results 10. Data Analysis: • Design and implement efforts related to data analytics. • Perform data extraction, cleaning, and organization • Produce charts, graphs, and other visualization techniques to analyze data • Identify relevant issues, trends, relationships between key variables, and draw conclusionsincluding degree of importance 11. Quantitative Implementation: • Design and implement processes for scaling and automating modeling and production frameworks • Manage, construct, and query data sets • Create systems and guidelines for ensuring reproducibility of model results and analysis 12. Financial Analysis: • Serve as subject matter expert to inform data-driven policy decisions • Conduct research related to the financial sector, institutions, and regulation • Respond to requests from senior management related to data, model results, operational processes, policy, and emerging risks in financial institutions and markets 13. Knowledge sharing and training of others: • Present work at forums within and across Divisions to share knowledge with others • Provide guidance and mentorship to new or junior staff. REQUIRED SKILLS: Requirements: Bachelor's degree in quantitative subject such as computer science, statistics, mathematics, physics, engineering, or degree in another subject such as finance, economics or relevant quantitative background. Minimum of 4 years of related experience or a master’s degree in a related field and 3 years of related experience (FR-26) or minimum of 5 years of related experience or a master’s degree in a related field and 4 years of related experience. Proficiency in computational/statistical programming (FR-27). Experience working with large and complex data sets, including the ability to query databases. Remarks : This Quantitative Analyst role in the Stress Testing section in Supervision and Regulation will support the quantitative stress tests of bank portfolios related to the Federal Reserve’s responsibilities under the Dodd-Frank Act and ongoing bank supervision. The analyst will be assigned to perform the following duties: • Research, modify, test, and document models and systems used in the stress test; • Execute stress test models and conduct analysis of model outputs to better inform ongoing bank supervision; and/or • Assess and analyze regulatory collection and other data used in the stress test. The ideal candidate will have strong analytical and communication skills; a high level of intellectual curiosity; a demonstrated potential to conduct analysis of banks using large datasets; and a solid conceptual understanding of statistical and econometric concepts and market and/or credit risk. The position will require flexibility to work extended hours to meet deadlines, especially during the stress test production quarter (currently April - June). Specifically, the ideal candidate will meet several of the following: • Demonstrated knowledge of statistical and econometric modeling techniques and approaches. • Experience with data management and database management tools (such as Microsoft SQL Server). • Proficiency in one or more statistical programming languages (especially R and/or SAS) is required, and the ideal candidate will have experience using scripting languages (such as Python), Linux, and a version control system (such as Git). • Ability to write and communicate clearly, deliver effective presentations, and conduct research. • Strong interpersonal skills, including the ability to work in a group setting in a matrix environment while accomplishing multiple goals within established and changing deadlines. • Familiarity with modern revenue and/or risk modeling practices and industry standards. • Familiarity with bank regulatory capital measures and US GAAP accounting standards. A written assessment/sample may be requested during the interview process. Full COVID19 vaccination is required as a condition of employment, unless a legally required exception applies.
Mar 21, 2022
Full time
DESCRIPTION/RESPONSIBILITIES: Quantitative Analysts work under regular guidance to design and perform quantitative analysis including statistical modeling and data analysis in support of the Board's mission, Division goals, and Section objectives. Quantitative Analysts provide guidance and mentorship to new or junior staff. Quantitative Analysts serve as the primary contributor and may lead projects and teams across the Board of Governors. Quantitative Analysts prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required. Quantitative Analysts perform the following responsibilities independently: 1. Perform quantitative analysis including statistical modeling and data analysis in support of FRB mission, Division goals, and Section objectives. 2. Prepare and deliver clear, accurate and concise communication orally and in writing. 3. Share information and work for Section/Project Teams/Division or external stakeholders. 4. Serve as primary contributors and may lead projects or teams in the accomplishment of work. 5. Provide guidance to junior or new staff. 6. Represent the Section or Division on group projects or task forces. 7. Advise senior staff and managers. 8. Demonstrate areas of domain expertise and technical skills. 9. Statistical Modeling: • Exhibit an advanced understanding of sophisticated statistical modeling techniques • Carry out a variety of aspects of the model life cycle including design, implementation, testing, production, validation, and assessment of models • Analyze and interpret results from models or a system of models • Document model features, assumptions, operational processes, and results 10. Data Analysis: • Design and implement efforts related to data analytics. • Perform data extraction, cleaning, and organization • Produce charts, graphs, and other visualization techniques to analyze data • Identify relevant issues, trends, relationships between key variables, and draw conclusionsincluding degree of importance 11. Quantitative Implementation: • Design and implement processes for scaling and automating modeling and production frameworks • Manage, construct, and query data sets • Create systems and guidelines for ensuring reproducibility of model results and analysis 12. Financial Analysis: • Serve as subject matter expert to inform data-driven policy decisions • Conduct research related to the financial sector, institutions, and regulation • Respond to requests from senior management related to data, model results, operational processes, policy, and emerging risks in financial institutions and markets 13. Knowledge sharing and training of others: • Present work at forums within and across Divisions to share knowledge with others • Provide guidance and mentorship to new or junior staff. REQUIRED SKILLS: Requirements: Bachelor's degree in quantitative subject such as computer science, statistics, mathematics, physics, engineering, or degree in another subject such as finance, economics or relevant quantitative background. Minimum of 4 years of related experience or a master’s degree in a related field and 3 years of related experience (FR-26) or minimum of 5 years of related experience or a master’s degree in a related field and 4 years of related experience. Proficiency in computational/statistical programming (FR-27). Experience working with large and complex data sets, including the ability to query databases. Remarks : This Quantitative Analyst role in the Stress Testing section in Supervision and Regulation will support the quantitative stress tests of bank portfolios related to the Federal Reserve’s responsibilities under the Dodd-Frank Act and ongoing bank supervision. The analyst will be assigned to perform the following duties: • Research, modify, test, and document models and systems used in the stress test; • Execute stress test models and conduct analysis of model outputs to better inform ongoing bank supervision; and/or • Assess and analyze regulatory collection and other data used in the stress test. The ideal candidate will have strong analytical and communication skills; a high level of intellectual curiosity; a demonstrated potential to conduct analysis of banks using large datasets; and a solid conceptual understanding of statistical and econometric concepts and market and/or credit risk. The position will require flexibility to work extended hours to meet deadlines, especially during the stress test production quarter (currently April - June). Specifically, the ideal candidate will meet several of the following: • Demonstrated knowledge of statistical and econometric modeling techniques and approaches. • Experience with data management and database management tools (such as Microsoft SQL Server). • Proficiency in one or more statistical programming languages (especially R and/or SAS) is required, and the ideal candidate will have experience using scripting languages (such as Python), Linux, and a version control system (such as Git). • Ability to write and communicate clearly, deliver effective presentations, and conduct research. • Strong interpersonal skills, including the ability to work in a group setting in a matrix environment while accomplishing multiple goals within established and changing deadlines. • Familiarity with modern revenue and/or risk modeling practices and industry standards. • Familiarity with bank regulatory capital measures and US GAAP accounting standards. A written assessment/sample may be requested during the interview process. Full COVID19 vaccination is required as a condition of employment, unless a legally required exception applies.
Federal Reserve Board
Washington, District of Columbia
DESCRIPTION/RESPONSIBILITIES: Quantitative Analysts work under regular supervision to perform quantitative analysis including statistical modeling and data analysis in support of the Board's mission, Division goals, and Section objectives. Quantitative Analysts perform assigned project tasks while developing increased domain expertise and may lead well-defined tasks within a project. Quantitative Analysts share information and ideas regarding projects and work for their Project Team, Section, Division. Quantitative Analysts prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required. Quantitative Analysts perform the following responsibilities under regular supervision: 1. Perform quantitative analysis including statistical modeling and data analysis in support of FRB mission, Division goals, and Section objectives. 2. Assist senior staff by providing support, information or analysis. 3. Prepare and deliver clear, accurate and concise communication orally and in writing. 4. Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders. 5. Perform assigned project tasks and lead well-defined tasks within a project. 6. Develop areas of expertise and technical skills. 7. Statistical Modeling: • Exhibit a strong understanding of statistical modeling techniques • Carry out a variety of aspects of the model life cycle including design, implementation, testing, production, validation, and assessment of models • Analyze and interpret results from models or a system of models • Document model features, assumptions, operational processes, and results 8. Data Analysis: • Implement efforts related to data analytics • Perform data extraction, cleaning, and organization • Produce charts, graphs, and other visualization techniques to analyze data • Identify relevant issues, trends, relationships between key variables, and draw conclusions 9. Quantitative Implementation: • Implement processes for scaling and automating modeling and production frameworks • Manage, construct, and query data sets • Follow systems and guidelines for ensuring reproducibility of model results and analysis 10. Financial Analysis: • Exhibit domain-specific knowledge to inform data-driven policy decisions • Conduct research related to the financial sector, institutions, and regulation • Respond to requests from senior management related to data, model results, operational processes, policy, and emerging risks in financial institutions and markets 11. Knowledge sharing and training of others: • Present work at forums within and across Divisions to share knowledge with others REQUIRED SKILLS: Requirements : Bachelor's degree in quantitative subject such as computer science, statistics, mathematics, physics, engineering, or degree in another subject such as finance, economics or relevant quantitative background. Minimum of 2 years of related experience or a master’s degree in a related field and 1 year of relevant experience (FR-24) or minimum of 3 years of related experience or a master’s degree in a related field and 2 years of related experience (FR-25). Proficiency in computational/statistical programming. Experience working with large and complex data sets, including the ability to query databases. Remarks : This Quantitative Analyst role in the Stress Testing section in Supervision and Regulation will support the quantitative stress tests of bank portfolios related to the Federal Reserve’s responsibilities under the Dodd-Frank Act and ongoing bank supervision. The analyst will be assigned to perform the following duties: • Research, modify, test, and document models and systems used in the stress test; • Execute stress test models and conduct analysis of model outputs to better inform ongoing bank supervision; and/or • Assess and analyze regulatory collection and other data used in the stress test. The ideal candidate will have strong analytical and communication skills; a high level of intellectual curiosity; a demonstrated potential to conduct analysis of banks using large datasets; and a solid conceptual understanding of statistical and econometric concepts and market and/or credit risk. The position will require flexibility to work extended hours to meet deadlines, especially during the stress test production quarter (currently April - June). Specifically, the ideal candidate will meet several of the following: • Demonstrated experience in data management or statistical modeling, with knowledge of statistical and econometric modeling techniques and approaches. • Experience with database management tools (such as Microsoft SQL Server). • Proficiency in one or more statistical programming languages (especially R and/or SAS) is required, and the ideal candidate will have experience using scripting languages (such as Python), Linux, and a version control system (such as Git). • Ability to write and communicate clearly, deliver effective presentations, and conduct research. • Strong interpersonal skills, including the ability to work in a group setting in a matrix environment while accomplishing multiple goals within established and changing deadlines. • Familiarity with modern revenue and/or risk modeling practices and industry standards. • Familiarity with bank regulatory capital measures and US GAAP accounting standards. • Experience with software development best practices such as software development life cycle (SDLC) is preferred. A writing exercise/sample may be requested. Full COVID-19 vaccination is required as a condition of employment, unless a legally required exception applies.
Mar 21, 2022
Full time
DESCRIPTION/RESPONSIBILITIES: Quantitative Analysts work under regular supervision to perform quantitative analysis including statistical modeling and data analysis in support of the Board's mission, Division goals, and Section objectives. Quantitative Analysts perform assigned project tasks while developing increased domain expertise and may lead well-defined tasks within a project. Quantitative Analysts share information and ideas regarding projects and work for their Project Team, Section, Division. Quantitative Analysts prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Some travel may be required. Quantitative Analysts perform the following responsibilities under regular supervision: 1. Perform quantitative analysis including statistical modeling and data analysis in support of FRB mission, Division goals, and Section objectives. 2. Assist senior staff by providing support, information or analysis. 3. Prepare and deliver clear, accurate and concise communication orally and in writing. 4. Share information and ideas regarding projects and work for Section/Project Teams/Division or external stakeholders. 5. Perform assigned project tasks and lead well-defined tasks within a project. 6. Develop areas of expertise and technical skills. 7. Statistical Modeling: • Exhibit a strong understanding of statistical modeling techniques • Carry out a variety of aspects of the model life cycle including design, implementation, testing, production, validation, and assessment of models • Analyze and interpret results from models or a system of models • Document model features, assumptions, operational processes, and results 8. Data Analysis: • Implement efforts related to data analytics • Perform data extraction, cleaning, and organization • Produce charts, graphs, and other visualization techniques to analyze data • Identify relevant issues, trends, relationships between key variables, and draw conclusions 9. Quantitative Implementation: • Implement processes for scaling and automating modeling and production frameworks • Manage, construct, and query data sets • Follow systems and guidelines for ensuring reproducibility of model results and analysis 10. Financial Analysis: • Exhibit domain-specific knowledge to inform data-driven policy decisions • Conduct research related to the financial sector, institutions, and regulation • Respond to requests from senior management related to data, model results, operational processes, policy, and emerging risks in financial institutions and markets 11. Knowledge sharing and training of others: • Present work at forums within and across Divisions to share knowledge with others REQUIRED SKILLS: Requirements : Bachelor's degree in quantitative subject such as computer science, statistics, mathematics, physics, engineering, or degree in another subject such as finance, economics or relevant quantitative background. Minimum of 2 years of related experience or a master’s degree in a related field and 1 year of relevant experience (FR-24) or minimum of 3 years of related experience or a master’s degree in a related field and 2 years of related experience (FR-25). Proficiency in computational/statistical programming. Experience working with large and complex data sets, including the ability to query databases. Remarks : This Quantitative Analyst role in the Stress Testing section in Supervision and Regulation will support the quantitative stress tests of bank portfolios related to the Federal Reserve’s responsibilities under the Dodd-Frank Act and ongoing bank supervision. The analyst will be assigned to perform the following duties: • Research, modify, test, and document models and systems used in the stress test; • Execute stress test models and conduct analysis of model outputs to better inform ongoing bank supervision; and/or • Assess and analyze regulatory collection and other data used in the stress test. The ideal candidate will have strong analytical and communication skills; a high level of intellectual curiosity; a demonstrated potential to conduct analysis of banks using large datasets; and a solid conceptual understanding of statistical and econometric concepts and market and/or credit risk. The position will require flexibility to work extended hours to meet deadlines, especially during the stress test production quarter (currently April - June). Specifically, the ideal candidate will meet several of the following: • Demonstrated experience in data management or statistical modeling, with knowledge of statistical and econometric modeling techniques and approaches. • Experience with database management tools (such as Microsoft SQL Server). • Proficiency in one or more statistical programming languages (especially R and/or SAS) is required, and the ideal candidate will have experience using scripting languages (such as Python), Linux, and a version control system (such as Git). • Ability to write and communicate clearly, deliver effective presentations, and conduct research. • Strong interpersonal skills, including the ability to work in a group setting in a matrix environment while accomplishing multiple goals within established and changing deadlines. • Familiarity with modern revenue and/or risk modeling practices and industry standards. • Familiarity with bank regulatory capital measures and US GAAP accounting standards. • Experience with software development best practices such as software development life cycle (SDLC) is preferred. A writing exercise/sample may be requested. Full COVID-19 vaccination is required as a condition of employment, unless a legally required exception applies.
Federal Reserve Board
Washington, District of Columbia
DESCRIPTION/RESPONSIBILITIES: Senior Financial Institution and Policy Analysts work under limited guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the project or team leader for Section, Division, Board, or system initiatives. May also serve as Board liaison or representative in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Act as recognized domain experts within the Division. Some travel is required. Senior Financial Institution and Policy Analysts perform the following responsibilities with limited guidance: • Lead and perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives • Prepare and deliver clear, accurate and concise communication orally and in writing • Serve as Board liaisons or representatives in consulting/collaborating with domestic agencies/international authorities/standard-setting bodies • Serve as project or team leaders for Section, Division, Board, or system initiatives • Provide guidance and mentorship to new or junior staff • Contribute to and advise on discussions and analyses across the Board • Act as the recognized domain expert within Division Senior Financial Institution and Policy Analysts at the Federal Reserve Board may play many roles related to their jobs. They are responsible for a combination of the following roles: Data Analysis • Lead production of charts, graphs, and other visuals to help analyze data • Identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Identify data that can be used to analyze policy Examination and Supervision • Lead examinations and reviews • Implement supervision and/or oversight policies and/or programs Financial Analysis • Lead analyses of financial, regulatory, and compliance data and information in support of Division/Section's area of responsibility • Clearly present analyses of financial, regulatory, and compliance data • Identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data Policy • Interpret and/or implement policy, regulation, and/or guidance • Draft and review policy recommendations supported by logical reasoning and sound analysis Risk Management • Identify and analyze emerging risks in financial institutions and markets, and/or for consumers and communities • Apply appropriate risk management frameworks and policies to support oversight of financial institutions REQUIRED SKILLS: Position Qualifications : A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master’s degree in a related field and 4 years of related experience (FR-27) or 6 years of related experience, or a master's degree in a related field and 5 years of realted experience (FR-28). Must be able to immediately contribute to the success of work requiring the following competencies, and be able to serve as advisors to provide insight in their application: • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa • Knowledge of Relevant Policy: The ability changes as needed to policies specific to areas of responsibility • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations Remarks : The Climate Analyst will join the Climate Policy team to lead and coordinate complex analytical projects to understand and assess the potential implications of climate risks for supervised institutions. In this role, the Climate Analyst will develop innovative methods for mapping and measuring bank exposures to physical and transition risks, and play a leading role in analyzing transmission channels of climate risks to the banking sector, developing measurement methodologies and resolving data gaps and challenges. About the Team The Climate Policy team supports the Supervision Climate Committee (SCC) in building the Federal Reserve’s capacity to understand the potential implications of climate change for financial institutions. The SCC is responsible for analyzing the impact of climate change on banking institutions, identifying appropriate policy responses and developing a supervisory program to ensure banking institutions appropriately incorporate the financial risks of climate change into their risk management frameworks. The Climate Policy team works closely with the SCC Chair to implement the Committee’s objectives and workplan, as directed by the Board of Governors. Specific responsibilities: • Lead in-depth quantitative and qualitative analyses to support policy development and staff recommendations related to supervision and regulation of climate-related financial risks. • Analyze and prepare written memoranda or research on climate-related issues supported by logical reasoning and sound analysis. • Actively monitor market, regulatory and legislative developments via publicly-available resources and self-directed research. • Actively seek opportunities to collaborate with Supervision and Regulation colleagues, different Divisions within the Board of Governors, and subject matter experts throughout the Federal Reserve System in evaluating the financial risks of climate change. • Represent the Board of Governors on international work groups assessing the implications of climate-related risks on the financial sector. • Create strong internal and external networks; explicitly seek to understand and support the objectives of colleagues, incorporate effective reflection of policy views in new policy and recommendations. Desired skillsets: • Strong quantitative skills, including programming and data science. Experience in developing financial and econometric models as well as relevant models, empirical methods and data used to assess the financial risks of climate change is preferred. • Ability to distill complex information, identify appropriate options or solutions, evaluate potential implications of a given approach, and communicate technical issues to a non-technical audience. • Knowledge of climate-related risks, potential implications of climate change for the macroeconomy or financial sector, or approaches to identifying, measuring, monitoring and managing the financial risks of climate change. • Previous experience with financial risk modeling, risk measurement and management, including supervisory standards for effective stress testing, model risk management or capital management is preferred. • Ability to collaborate, develop rapport and credibility with a variety of stakeholders at the Board, other U.S. financial regulatory agencies and foreign central banks/supervisory authorities. • Experience working in or with central banks, regulatory or supervisory authorities or financial institutions is a plus. • Demonstrated ability to lead complex analytical projects and synthesize results to inform policy decisions. • Demonstrated ability to balance multiple priorities and meet tight deadlines within a fast-paced environment. • Relevant knowledge regarding finance, financial institutions, bank regulation, and economic trends. Candidates may be asked to complete an analytical exercise as part of the interview process. This is a hybrid role based in DC with an on-site expectation based on a cadence to be defined. Full vaccination is required as a condition of employment, unless a legally required exception applies.
Mar 21, 2022
Full time
DESCRIPTION/RESPONSIBILITIES: Senior Financial Institution and Policy Analysts work under limited guidance to design and conduct in-depth analyses on quantitative and qualitative data. Serve as the project or team leader for Section, Division, Board, or system initiatives. May also serve as Board liaison or representative in consulting/collaborating with domestic agencies, international authorities, and/or standard-setting bodies. Prepare and deliver communications including presentations and recommendations to others in the Section/Division and/or to external stakeholders. Act as recognized domain experts within the Division. Some travel is required. Senior Financial Institution and Policy Analysts perform the following responsibilities with limited guidance: • Lead and perform quantitative and/or qualitative analyses in support of FRB mission, Division goals, and Section objectives • Prepare and deliver clear, accurate and concise communication orally and in writing • Serve as Board liaisons or representatives in consulting/collaborating with domestic agencies/international authorities/standard-setting bodies • Serve as project or team leaders for Section, Division, Board, or system initiatives • Provide guidance and mentorship to new or junior staff • Contribute to and advise on discussions and analyses across the Board • Act as the recognized domain expert within Division Senior Financial Institution and Policy Analysts at the Federal Reserve Board may play many roles related to their jobs. They are responsible for a combination of the following roles: Data Analysis • Lead production of charts, graphs, and other visuals to help analyze data • Identify relevant issues and trends and draw conclusions through analysis of quantitative and qualitative data • Identify data that can be used to analyze policy Examination and Supervision • Lead examinations and reviews • Implement supervision and/or oversight policies and/or programs Financial Analysis • Lead analyses of financial, regulatory, and compliance data and information in support of Division/Section's area of responsibility • Clearly present analyses of financial, regulatory, and compliance data • Identify relevant issues and trends and draw conclusions through analysis of financial, regulatory, and compliance data Policy • Interpret and/or implement policy, regulation, and/or guidance • Draft and review policy recommendations supported by logical reasoning and sound analysis Risk Management • Identify and analyze emerging risks in financial institutions and markets, and/or for consumers and communities • Apply appropriate risk management frameworks and policies to support oversight of financial institutions REQUIRED SKILLS: Position Qualifications : A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master’s degree in a related field and 4 years of related experience (FR-27) or 6 years of related experience, or a master's degree in a related field and 5 years of realted experience (FR-28). Must be able to immediately contribute to the success of work requiring the following competencies, and be able to serve as advisors to provide insight in their application: • Data Collection & Analysis: The ability to collect and analyze quantitative and qualitative data • Financial Analysis: The ability to conduct financial analyses to identify patterns, trends, or themes in financial or operational data • Risk Management: The ability to utilize risk management principles to evaluate and mitigate potential risks • Reviews and Examinations: The ability to participate in or lead reviews and/or examinations of Reserve Banks or other financial institutions • Knowledge of Financial Markets and Institutions: The ability to apply an understanding of how financial markets and institutions are impacted by changes in regulations and policy and vise-versa • Knowledge of Relevant Policy: The ability changes as needed to policies specific to areas of responsibility • Knowledge of Relevant Law and Regulation: The ability to interpret and apply law and regulations related to areas of responsibility; evaluate the impact of changes in law and/or regulations Remarks : The Climate Analyst will join the Climate Policy team to lead and coordinate complex analytical projects to understand and assess the potential implications of climate risks for supervised institutions. In this role, the Climate Analyst will develop innovative methods for mapping and measuring bank exposures to physical and transition risks, and play a leading role in analyzing transmission channels of climate risks to the banking sector, developing measurement methodologies and resolving data gaps and challenges. About the Team The Climate Policy team supports the Supervision Climate Committee (SCC) in building the Federal Reserve’s capacity to understand the potential implications of climate change for financial institutions. The SCC is responsible for analyzing the impact of climate change on banking institutions, identifying appropriate policy responses and developing a supervisory program to ensure banking institutions appropriately incorporate the financial risks of climate change into their risk management frameworks. The Climate Policy team works closely with the SCC Chair to implement the Committee’s objectives and workplan, as directed by the Board of Governors. Specific responsibilities: • Lead in-depth quantitative and qualitative analyses to support policy development and staff recommendations related to supervision and regulation of climate-related financial risks. • Analyze and prepare written memoranda or research on climate-related issues supported by logical reasoning and sound analysis. • Actively monitor market, regulatory and legislative developments via publicly-available resources and self-directed research. • Actively seek opportunities to collaborate with Supervision and Regulation colleagues, different Divisions within the Board of Governors, and subject matter experts throughout the Federal Reserve System in evaluating the financial risks of climate change. • Represent the Board of Governors on international work groups assessing the implications of climate-related risks on the financial sector. • Create strong internal and external networks; explicitly seek to understand and support the objectives of colleagues, incorporate effective reflection of policy views in new policy and recommendations. Desired skillsets: • Strong quantitative skills, including programming and data science. Experience in developing financial and econometric models as well as relevant models, empirical methods and data used to assess the financial risks of climate change is preferred. • Ability to distill complex information, identify appropriate options or solutions, evaluate potential implications of a given approach, and communicate technical issues to a non-technical audience. • Knowledge of climate-related risks, potential implications of climate change for the macroeconomy or financial sector, or approaches to identifying, measuring, monitoring and managing the financial risks of climate change. • Previous experience with financial risk modeling, risk measurement and management, including supervisory standards for effective stress testing, model risk management or capital management is preferred. • Ability to collaborate, develop rapport and credibility with a variety of stakeholders at the Board, other U.S. financial regulatory agencies and foreign central banks/supervisory authorities. • Experience working in or with central banks, regulatory or supervisory authorities or financial institutions is a plus. • Demonstrated ability to lead complex analytical projects and synthesize results to inform policy decisions. • Demonstrated ability to balance multiple priorities and meet tight deadlines within a fast-paced environment. • Relevant knowledge regarding finance, financial institutions, bank regulation, and economic trends. Candidates may be asked to complete an analytical exercise as part of the interview process. This is a hybrid role based in DC with an on-site expectation based on a cadence to be defined. Full vaccination is required as a condition of employment, unless a legally required exception applies.
Equal Opportunity Employer: Minority/Female/Disability/Veteran
Waste Management (WM), a Fortune 250 company, is the leading provider of comprehensive waste and environmental services in North America. We are strongly committed to a foundation of operating excellence, professionalism, and financial strength. WM serves nearly 25 million customers in residential, commercial, industrial, and municipal markets throughout North America through a network of collection operations, transfer stations, landfills, recycling facilities and waste-based energy production projects.
Waste Management has an exciting career opportunity for an Area Director of Finance / Business Partner II within the New England market area. The market area is comprised of MA, Upstate NY, RI, NH & ME. This is a high-level financial position with visibility to corporate. The positions reports directly to the VP Business Partner of Operations with a dotted line the Area Vice President of New England. This is a hybrid role, but can have an office in Foxborough, MA. Travel will vary, but can be up to 50% within the market area
I. Job Summary
The Area Director of Finance and Business Partner is the leader of the finance organization for the Area and the business partner to the Area Vice President and his/her leadership team. This role is a key member of the Area’s leadership team, providing financial reporting, forecasting, budgeting, profitability analysis, M&A valuation, and integration planning, capital investment support, market planning and accounting, for the Area. The role also partners with sales, pricing, public sector, and operations team members in influencing short-term and long-term Area strategy and making key people decisions. The New England Area at WM generates about $900 million in annual revenue and is an integrated business providing collection, disposal, recycling, and other services across the region.
Working with the Area Vice President and the area leadership team, this role assists in creating and directing the Area’s business strategy and ensures that resources are allocated effectively to execute upon the strategy. The Area Director of Finance has a deep understanding of WM’s strategic priorities, its tools, resources, and operating practices and uses these skills along with sound financial and business acumen to ensure that the Area’s strategy is well aligned with broader organization priorities.
The Area Director of Finance also provides functional leadership for all Area finance and accounting employees. Leadership, professional development, coaching and building high-functioning teams are key elements of the role. Given that WM is a decentralized organization, the Area Director of Finance must drive the priorities of both the Area and of the WM Finance organization. In its capacity as a leader of the WM Finance function, the Area Director of Finance is actively engaged in supporting and advancing the strategic priorities of the Finance team. This requires strategic engagement with corporate finance functions including: Corporate FP&A, Treasury, Accounting, Investor Relations, Tax, Internal Audit & Controls, Finance Technology & Process Automation, Shared Services and Supply Chain.
II. Essential Duties and Responsibilities include the following. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Other minor duties may be assigned.
• Continuously build an intimate knowledge of the business – its customers, profit drivers, operational capabilities (including organic growth drivers, innovation opportunities, supply chain dynamics, etc.) – and how competitive and market dynamics drive strategy and operating results.
• Actively partner with the AVP and the Area Leadership team in setting and executing their strategies and operating plans by providing timely financial information and business performance evaluation as well as insightful and focused analysis. Sees around corners, anticipates trends and finds new opportunities for differentiated performance.
• With the AVP and their team, actively engage in the overall strategy development, including actionable business strategies with clear accountability, financial strategy and overall portfolio management enabled by corporate business development.
• Build and communicate logical annual operating and long-range plans consistent with near-term requirements and long-term strategic requirements. Assure forecast accuracy and accountable action plans to deliver planned results and to mitigate risk.
• Develop and execute a compelling and logical strategy for the Area and the Finance function that is aligned with WM’s broader Finance function’s priorities as well as enterprise strategy. Ensures achievement of business plans/financials.
• Establish a strong “tone at the top” related to WM’s commitments and values. Ensure that a strong framework for financial controls and business ethics is reinforced when carrying out all responsibilities.
• Provide energizing functional leadership with a focus on attracting, retaining, and developing top talent. Build and lead a value-add and focused finance team that is integrally involved with the day-to-day plans and operations of the business. Select and develop diverse, world-class talent for the Area.
• Continuously improve the function, looking for process standardization and automation opportunities, culling unnecessary work to free team members’ time for higher-value work and encouraging the delivery of business insights over report creation.
• Inspire teamwork across the Area, including the finance function and other business groups to maximize the WM opportunity and talent development. Ensure that the team has the required technical skills and abilities to produce accurate, complete, and timely financial statements.
• Be an engaged and respected member of WM’s Area and Corporate Finance leadership teams. Build relationships and partner to ensure effective team operations, transparency of reporting and decision-making and continuous high quality, strategic dialogue.
Desired experience and leadership traits:
• A clear, strategic thinker capable of simplifying strategy into business objectives/actions and drives them with clear metrics and accountability.
• Has capacity to sift through complex information and communicates messages clearly and concisely.
• Energizes team through inclusiveness and connection with people … flexible in approach to motivate and retain. Builds a connection with the team through personal involvement and trust … engages people to want to perform. Can coach and communicate in simple impactful terms.
• Knows how to create and lead a financial agenda for a large organization. Strong financial/technical expertise and analytical acumen. Demonstrated leadership through different business cycles. Understands financial and operational linkages and knows how to manage and control costs.
• Ability to combine analytical reasoning, creativity and judgment. A results-oriented, prudent risk-taker that ensures economic value is paramount in decision making.
• Quick learner, comfortable with steep learning curves and able to handle simultaneous complex matters. Deals effectively with both strategic and tactical operational issues. Loves the best ideas, not his/her own ideas.
• Self-motivated, high energy, resourceful and confident (yet, humble) with positive can-do attitude. High level of commitment to the job and delivering outstanding work.
• Challenges the status quo and drives positive change using a data driven and fact-based approach to decision making.
• Puts the need of the WM enterprise and business ahead of him/herself. Operates in a transparent manner with no hidden agenda. Owns misses and learns from failures and adversity.
III. Supervisory Responsibilities
• Direct supervision of 6 full-time managers, including:
• Indirect supervision of 19+ full-time employees.
IV. Qualifications
The requirements listed below are representative of the qualifications necessary to perform the job.
A. Education and Experience
• Minimum of 15 years of applicable financial management experience in progressively responsible assignments preferably in public companies
• Experience reporting to a senior line executive responsible for the profit and loss of a business unit preferred.
• Has interacted with senior management teams, preparing management-level presentations and actively participating in the presentation of results and strategic priorities and financial plans.
• Experience negotiating with external parties including customers and suppliers, as well as with business partners and internal executive stakeholders.
• Undergraduate degree required, an advanced degree (e.g. MBA, CPA) and/or Fortune 500 finance training program is desirable.
B. Certificates, Licenses, Registrations or Other Requirements
Preferred: Certified Public Accountant, or equivalent
C. Other Knowledge, Skills or Abilities Required
Microsoft Office Suite and GAAP requirements
V. Work Environment
Listed below are key points regarding environmental demands and work environment of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
• Required to use motor coordination with finger dexterity (such as keyboarding, machine operation, etc.) most of the work day;
• Required to exert physical effort in handling objects less than 30 pounds rarely;
• Required to be exposed to physical occupational risks (such as cuts, burns, exposure to toxic chemicals, etc.) rarely;
• Required to be exposed to physical environment which involves dirt, odors, noise, weather extremes or similar elements rarely;
• Normal setting for this job is: hybrid, office setting, but travel will be required throughout the Area.
Benefits At Waste Management, each eligible employee receives a competitive total compensation package including Medical, Dental, Vision, Life Insurance and Short Term Disability. As well as a Stock Purchase Plan, Company match on 401K, and more! Our employees also receive Paid Vacation, Holidays, and Personal Days. Please note that benefits may vary by site.
If this sounds like the opportunity that you have been looking for, please click "Apply.”
Oct 11, 2021
Full time
Equal Opportunity Employer: Minority/Female/Disability/Veteran
Waste Management (WM), a Fortune 250 company, is the leading provider of comprehensive waste and environmental services in North America. We are strongly committed to a foundation of operating excellence, professionalism, and financial strength. WM serves nearly 25 million customers in residential, commercial, industrial, and municipal markets throughout North America through a network of collection operations, transfer stations, landfills, recycling facilities and waste-based energy production projects.
Waste Management has an exciting career opportunity for an Area Director of Finance / Business Partner II within the New England market area. The market area is comprised of MA, Upstate NY, RI, NH & ME. This is a high-level financial position with visibility to corporate. The positions reports directly to the VP Business Partner of Operations with a dotted line the Area Vice President of New England. This is a hybrid role, but can have an office in Foxborough, MA. Travel will vary, but can be up to 50% within the market area
I. Job Summary
The Area Director of Finance and Business Partner is the leader of the finance organization for the Area and the business partner to the Area Vice President and his/her leadership team. This role is a key member of the Area’s leadership team, providing financial reporting, forecasting, budgeting, profitability analysis, M&A valuation, and integration planning, capital investment support, market planning and accounting, for the Area. The role also partners with sales, pricing, public sector, and operations team members in influencing short-term and long-term Area strategy and making key people decisions. The New England Area at WM generates about $900 million in annual revenue and is an integrated business providing collection, disposal, recycling, and other services across the region.
Working with the Area Vice President and the area leadership team, this role assists in creating and directing the Area’s business strategy and ensures that resources are allocated effectively to execute upon the strategy. The Area Director of Finance has a deep understanding of WM’s strategic priorities, its tools, resources, and operating practices and uses these skills along with sound financial and business acumen to ensure that the Area’s strategy is well aligned with broader organization priorities.
The Area Director of Finance also provides functional leadership for all Area finance and accounting employees. Leadership, professional development, coaching and building high-functioning teams are key elements of the role. Given that WM is a decentralized organization, the Area Director of Finance must drive the priorities of both the Area and of the WM Finance organization. In its capacity as a leader of the WM Finance function, the Area Director of Finance is actively engaged in supporting and advancing the strategic priorities of the Finance team. This requires strategic engagement with corporate finance functions including: Corporate FP&A, Treasury, Accounting, Investor Relations, Tax, Internal Audit & Controls, Finance Technology & Process Automation, Shared Services and Supply Chain.
II. Essential Duties and Responsibilities include the following. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Other minor duties may be assigned.
• Continuously build an intimate knowledge of the business – its customers, profit drivers, operational capabilities (including organic growth drivers, innovation opportunities, supply chain dynamics, etc.) – and how competitive and market dynamics drive strategy and operating results.
• Actively partner with the AVP and the Area Leadership team in setting and executing their strategies and operating plans by providing timely financial information and business performance evaluation as well as insightful and focused analysis. Sees around corners, anticipates trends and finds new opportunities for differentiated performance.
• With the AVP and their team, actively engage in the overall strategy development, including actionable business strategies with clear accountability, financial strategy and overall portfolio management enabled by corporate business development.
• Build and communicate logical annual operating and long-range plans consistent with near-term requirements and long-term strategic requirements. Assure forecast accuracy and accountable action plans to deliver planned results and to mitigate risk.
• Develop and execute a compelling and logical strategy for the Area and the Finance function that is aligned with WM’s broader Finance function’s priorities as well as enterprise strategy. Ensures achievement of business plans/financials.
• Establish a strong “tone at the top” related to WM’s commitments and values. Ensure that a strong framework for financial controls and business ethics is reinforced when carrying out all responsibilities.
• Provide energizing functional leadership with a focus on attracting, retaining, and developing top talent. Build and lead a value-add and focused finance team that is integrally involved with the day-to-day plans and operations of the business. Select and develop diverse, world-class talent for the Area.
• Continuously improve the function, looking for process standardization and automation opportunities, culling unnecessary work to free team members’ time for higher-value work and encouraging the delivery of business insights over report creation.
• Inspire teamwork across the Area, including the finance function and other business groups to maximize the WM opportunity and talent development. Ensure that the team has the required technical skills and abilities to produce accurate, complete, and timely financial statements.
• Be an engaged and respected member of WM’s Area and Corporate Finance leadership teams. Build relationships and partner to ensure effective team operations, transparency of reporting and decision-making and continuous high quality, strategic dialogue.
Desired experience and leadership traits:
• A clear, strategic thinker capable of simplifying strategy into business objectives/actions and drives them with clear metrics and accountability.
• Has capacity to sift through complex information and communicates messages clearly and concisely.
• Energizes team through inclusiveness and connection with people … flexible in approach to motivate and retain. Builds a connection with the team through personal involvement and trust … engages people to want to perform. Can coach and communicate in simple impactful terms.
• Knows how to create and lead a financial agenda for a large organization. Strong financial/technical expertise and analytical acumen. Demonstrated leadership through different business cycles. Understands financial and operational linkages and knows how to manage and control costs.
• Ability to combine analytical reasoning, creativity and judgment. A results-oriented, prudent risk-taker that ensures economic value is paramount in decision making.
• Quick learner, comfortable with steep learning curves and able to handle simultaneous complex matters. Deals effectively with both strategic and tactical operational issues. Loves the best ideas, not his/her own ideas.
• Self-motivated, high energy, resourceful and confident (yet, humble) with positive can-do attitude. High level of commitment to the job and delivering outstanding work.
• Challenges the status quo and drives positive change using a data driven and fact-based approach to decision making.
• Puts the need of the WM enterprise and business ahead of him/herself. Operates in a transparent manner with no hidden agenda. Owns misses and learns from failures and adversity.
III. Supervisory Responsibilities
• Direct supervision of 6 full-time managers, including:
• Indirect supervision of 19+ full-time employees.
IV. Qualifications
The requirements listed below are representative of the qualifications necessary to perform the job.
A. Education and Experience
• Minimum of 15 years of applicable financial management experience in progressively responsible assignments preferably in public companies
• Experience reporting to a senior line executive responsible for the profit and loss of a business unit preferred.
• Has interacted with senior management teams, preparing management-level presentations and actively participating in the presentation of results and strategic priorities and financial plans.
• Experience negotiating with external parties including customers and suppliers, as well as with business partners and internal executive stakeholders.
• Undergraduate degree required, an advanced degree (e.g. MBA, CPA) and/or Fortune 500 finance training program is desirable.
B. Certificates, Licenses, Registrations or Other Requirements
Preferred: Certified Public Accountant, or equivalent
C. Other Knowledge, Skills or Abilities Required
Microsoft Office Suite and GAAP requirements
V. Work Environment
Listed below are key points regarding environmental demands and work environment of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
• Required to use motor coordination with finger dexterity (such as keyboarding, machine operation, etc.) most of the work day;
• Required to exert physical effort in handling objects less than 30 pounds rarely;
• Required to be exposed to physical occupational risks (such as cuts, burns, exposure to toxic chemicals, etc.) rarely;
• Required to be exposed to physical environment which involves dirt, odors, noise, weather extremes or similar elements rarely;
• Normal setting for this job is: hybrid, office setting, but travel will be required throughout the Area.
Benefits At Waste Management, each eligible employee receives a competitive total compensation package including Medical, Dental, Vision, Life Insurance and Short Term Disability. As well as a Stock Purchase Plan, Company match on 401K, and more! Our employees also receive Paid Vacation, Holidays, and Personal Days. Please note that benefits may vary by site.
If this sounds like the opportunity that you have been looking for, please click "Apply.”