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.
- Monitor and manage customers' account activity, including recommending and executing investment actions such as the purchase and sale of Treasury securities as well as overnight investment in the customers repurchase agreement pool.
- Assist in the development and implementation of procedures and controls designed to maximize the efficiency of CM operational activities.
- Prepare data and/or communications to provide excellent customer service, while advancing FRBNY interests, especially as they relate to ensuring sufficient customer liquidity and effective management of the customers repurchase agreement pool.
- Participate in analytical endeavors aimed at improving the effectiveness and efficiency of CM's business lines, developing a better understanding of customer needs and behaviors, and identifying trends in customer account activity relative to developments in global markets.
- Demonstrated aptitude for performing operational activities and customer service responsibilities under time pressure with a high degree of accuracy and strong attention to detail.
- Strong interpersonal skills and ability to interact and collaborate effectively with team members, peers, senior management, and external parties.
- Ability to provide concise and clear analysis in written and verbal form.
- Interest in leading small projects and processes, ability to balance competing priorities.
- Strong analytical, critical thinking and problem-solving skills with proven ability to recommend ways to enhance operational efficiencies and analytical work.
- Strong knowledge of Microsoft Excel; Knowledge of SQL and Tableau desirable.
- Understanding of the economic and market factors that shape foreign currency reserve management decisions, including fixed income markets and basic portfolio management principles.
- Flexibility to travel between the New York and Richmond, VA sites.
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.
Benefits:
- 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
- Andmore
Please note that the position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied fornaturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.
In addition, all candidatesmust undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providingequal 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
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.