Data Analytics Specialist - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do: 

The Group Support & Enterprise Services (GS&ES) function is dedicated to extending the Corporate Group’s ability to provide innovative, value-added solutions that help promote the Bank’s mission and strengthen its operation. As the Group’s centralized business operations partner, GS&ES focuses on four service areas: Business Support, Business Technology & Data Management, Enterprise Services and Risk Management.

Reporting directly to the Data Analytics Lead, you will work collaboratively with other leaders and stakeholders across the Bank, Federal Reserve System.

Your role Data Strategy and Analytics Specialist:

As a Business Data Architect, you will be part of a multi-disciplinary and high-performing team that advances the Bank’s strategic initiative (Simplify, Lead and Innovate) within the Corporate through the following activities:

• Proactively conduct strategic technology research to identify innovative data and analytics solutions that directly address current business challenges, demonstrating a forward-thinking approach to leveraging emerging technologies for competitive advantage.

• Embody an entrepreneurial spirit as a technology innovation influencer, fearlessly championing transformative ideas and driving organizational change through creative problem-solving and a passion for pushing technological boundaries.

• Participate in the design, creation, validation of emerging and ongoing data products, analysis, and dashboards to guide important decisions

• Influence and educate the business on the value of data management, analytics, business intelligence, data literacy and operational capabilities.

• Develop intuitive dashboards and data products using Tableau or Alteryx and other business intelligence tools

• Design, develop, test, and deploy solutions built in UiPath, Power BI, Power Apps, and Power Automate.

• Translate business requirements into technical requirements to ensure solutions meet business needs

• Collaborate cross-functionally to gather requirements, design and implement end-to-end solutions, and investigate new technologies to improve data pipelines and ETL processes

• Lead product demo sessions, develop training materials, and produce documentation

• Work on multiple tasks simultaneously and produces high quality products while adhering to the Product Development Lifecycle

• Take a lead role to support Data Operations efficiency covering data ingestion, quality, and support are delivered to the end user community.

• Stay abreast of new business developments and data needs as well as related capabilities and technologies with counterparts and stakeholders in other RBs and across the System.

• Champion processes and procedures across the organization

• Collaborate with other Data teams to leverage programming languages, tools, and techniques (ML, NLP, AI) to provide viable solutions for business needs.

• Promote and integrate best practices in data science and adheres to established work standards.

• Ability to prepare impactful presentations and lead briefings with managers and senior stakeholders

• Support business innovation by researching, analyzing, and evaluating new technologies

What we are looking for:

• Experience building visualizations and dashboards to help tell a story behind the data

• Data querying and analytical software skills (e.g., SQL, R, SAS, Tableau, Tableau Prep, Alteryx, Python, and Power BI)

• Experience with UiPath and/or other RPA tools.

• Experience learning new technology via self-learning model then subsequently training peers

• Knowledge of information design principles and data visualization methods

• Experience identifying process improvement opportunities and supporting data solutions

• Interest in learning emerging technologies to analyze results, evaluate performance, and project future trends and needs

• Demonstrated experience in large scale critical operations, ideally within a complex, mission-driven organization; focus on continuous improvement methodologies a plus.

• Demonstrated ability to effectively lead multiple initiatives to drive and deliver results despite competing priorities

• Demonstrated ability to organize, simplify, harmonize, and resolve ambiguity

• Ability to structure and distill complex problems into easily digestible insights, solutions, and recommendations

• Ability to quickly assimilate new information, handle new problem situations, and manage a variety of responsibilities simultaneously

• Process design & optimization

• Ability to review existing processes, identify opportunities for improvement and efficiency, and determine methodologies/technologies to best execute an optimized process

• Outstanding verbal and written communication and customer service skills

• Excellent analytical and problem-solving skills

• Emotional intelligence, including the ability to build trust in a variety of relationships through candor, reliability, and authenticity as well as the capacity to embrace and draw from diversity and inclusion to improve the quality of outcomes.

• Proven ability to collaborate effectively in cross-functional teams, leveraging strong communication skills to align technical and business stakeholders and drive successful data analytics projects from conception to delivery.

• Consistently deliver high-quality, actionable data analytics products by applying rigorous analytical methodologies, maintaining exceptional attention to detail, and translating complex data insights into clear, strategic recommendations.

• Excellent change management skills, including advocating, anticipating, and orchestrating change.

• Ability to satisfy the Federal Reserve System's conflict of interest requirements. 

Salary Range: $160,000-$185,000 / year

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

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

Benefits: Our organization offers benefits that are the best fit for you at every stage of your career: 

• Fully paid Pension plan and 401k with Generous Match 

• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA) 

• Subsidized Public Transportation Program 

• Tuition Assistance Program  

• Onsite Fitness & Wellness Center 

• And more 

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

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service. We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.

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

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Data Analytics Family Group

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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