Capital Markets Trading Analyst

Federal Reserve System•Chicago, IL

3d•$100,700 - $124,600•Onsite

About The Position

The Markets Group of the NY Fed implements monetary policy on behalf of the Federal Reserve System, executes lender of last resort operations for depository institutions in the Fed’s Second District, provides payments and custody services to foreign central banks, and acts as fiscal agent for the U.S. Treasury. The mission of the trading desk in the Markets Group is to implement domestic open market and foreign currency operations consistent with directives of the Federal Open Market Committee, monitor and analyze global financial markets to inform monetary policy, produce New York Fed Reference Rates using transactional data, provide capital markets-related transaction services on behalf of the U.S. Treasury, and conduct financial market transactions on behalf of foreign and international monetary authorities (FIMA).

Requirements

Demonstrated interest in financial markets and monetary policy including the ability to discuss the basic functions of the Federal Reserve.
Experience in understanding, handling and manipulating complex data sets.
Experience with Microsoft excel (can perform complex functions).
Familiarity with data analysis or visualization tools such as: Tableau/Power BI, SQL, Python, R, and/or Bloomberg.
Familiarity with AI capabilities and productivity tools which could be leveraged to optimize operational and analytical processes and products.
Strong written and oral communication and interpersonal skills.

Responsibilities

Maintain, improve, and build a variety of critical datasets and tools that support monetary policy operations and fiscal agent activities.
Develop an understanding of a variety of relevant data sources, such as TRACE trade data, and others. Work toward integrating those data sources and generating analysis to support the team’s daily activities. This may include integrating data into dashboards or using other visualization tools.
Support and conduct the planning and execution of monetary policy operations (i.e. purchases and sales of Treasuries, repos, reverse repos) and/or fiscal agent transactions (i.e. Treasury debt auctions).
Analyze and report on developments in financial markets as they relate to monetary and fiscal policy.
Assist senior staff members with ad-hoc projects related to policy, operations, market analysis and data analysis.