Job Information
Federal Reserve System Business Analyst in Boston, Massachusetts
Company
Federal Reserve Bank of Boston
As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation The bank contributes to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.
This position is an on-site role.
Job Summary :
The Business Analyst contributes to the achievement of Research Department objectives by providing project management, analytical, and organizational support as a member of the administration team. The analyst performs, tracks and reports on all operational activities that support department initiatives and oversees several of the administration unit’s activities. This position is best suited for an individual who is service-oriented, self-motivated, and thrives in a dynamic environment.
Principal Accountabilities :
Contribute to the development and management of the Research Department budget and independently perform analysis on department financials, including expense tracking and forecasting. Conduct analysis of budget performance against strategic plans, projects and investments; Prepare performance reports and advise management on findings and recommendations. Create reports and dashboards using data visualization tools.
Serve as department contract and expense analyst as well as department liaison on all procurement matters. Collaborate with department management on business needs; evaluate department contracts and service agreements and provide recommendations for renewal or termination of contracts. Work in partnership with other departments to execute all contract documents.
Act as department central point of contact for administration and finance-related requests. Facilitate registrations, memberships and training requests. Review and approve all department travel requisition requests ensuring appropriate supporting documentation and adherence to Bank travel guidelines. Manage p-card program and handle purchases, process all invoices and reimbursement requests.
Recommend improvements to business operations to maintain optimal efficiency and ensure continuous alignment with department stakeholder expectations. Collaborate on projects with other department sections, lead projects, provide project management services for initiatives.
Other Accountabilities:
Serve as subject matter expert on department business and operational matters.
Lead department projects and/or assist with projects and programs as needed.
Supervision:
This position is not required to directly supervise others, but may provide direction to junior team members or interns.
Knowledge and Experience :
Bachelor's degree in business administration, finance, accounting, economics, or related field or equivalent combination of work experience and education, and at least three years of job-related experience required. PMP or other project management certification is a plus. The following skills and attributes are essential requirements:
Advanced quantitative and qualitative analytical skills. Sound judgement, excellent organizational and prioritization skills to handle multiple priorities and deadlines
Strong communication and interpersonal skills
Proficiency with MS O365 - Word, Excel, PowerPoint and SharePoint, is essential. Experience with data visualization tools, such as Tableau, preferred.
Must be comfortable working independently and on teams. Also possess the ability/agility to work with individuals at various levels in the department and organization.
The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.