The Risk Assessment, Data Analysis and Research (RADAR) unit within the Supervision, Regulation and Credit (SRC) department seeks a well-trained and motivated quantitative analyst to support data management of various retail, consumer credit and real estate data. The RADAR unit collects and maintains an array of very large databases which it makes available to analysts and researchers within the Federal Reserve System (FRS). The unit also conducts analysis on these databases as part of a larger strategic initiative around data acquisition, data management, and consumer credit research.
The candidate in this role will serve as a subject matter expert on the various data, and will assist with data quality analysis, data support and overall data management. The candidate will lead RADAR efforts on effective data governance and outreach with stakeholders across the FRS.
The individual may lead or participate in the development of new data visualization tools. Some of the other responsibilities include creating metadata resources for various datasets, responding to data support questions from users (economists and analysts) around the FRS, and providing assistance with project management and technical support as requested. The candidate will have opportunities to work with senior economists in some research topics.
Candidates must have a Bachelor's degree in a business or quantitative discipline, such as economics, finance, or statistics and a minimum of five years of industry experience in banking, bank supervision, or a finance related field with two years in a quantitative analytical role. An advanced degree in business or quantitative discipline is preferred.
Experience using econometric software (such as R, Stata, SAS) is required, familiarity with SQL or other analytical tools (e.g. Tableau) is a plus.
Applicants must be able to provide work authorization to prove their eligibility to work in the United States. An applicant for employment also must be a U.S.
Citizen, U.S. National, or hold a permanent resident/green card with intent to become a U.S.
About the Federal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.
Background investigations including drug testing are required for all new hires as a condition of employment, after the job offer is made. Employment may not begin until the Bank accepts the results of the background investigation.
To see full job description, click the link:
Go to http://www.philadelphiafed.org/careers/job-openings.cfm and find the "Senior Quantitative Analyst/Quantitative Analyst III" position. Please upload a cover letter to explain your interest in the position, and include your resume/vita, transcripts, and documentation for any certifications. Also include a writing sample and at least two references.
The Federal Reserve Bank of Philadelphia believes 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 Bank of Philadelphia is proud to be an equal opportunity workplace.
Federal Reserve Bank