Capital Markets Trading Associate

Federal Reserve System•Chicago, IL

3d•$110,000 - $140,000•Onsite

About The Position

The Markets Group at the Federal Reserve Bank of New York consists of multiple teams that fulfill a range of responsibilities, from planning and executing open market operations, monitoring, and analyzing financial market developments, to managing foreign customer accounts. As a Capital Markets Trading Associate you will monitor, analyze and report to policy makers on global financial market developments: Track intra-day and longer-term global asset price movements; Interface with market participants to obtain context for asset price movements; Integrate insights from analysis of price action, outreach to market contacts, and coverage of global developments to identify themes relevant to monetary policy and financial stability; Prepare detailed written analysis and present verbal briefings on financial market developments; Assume responsibility over time as a Markets Group specialist with analytical and operational responsibilities across specific markets segments.

Requirements

Knowledge of financial instruments and financial market structure, macroeconomic theory and monetary policy
Ability to combine intelligence gathered from multiple sources and with available data to produce well-written summaries and presentations to a wide range of audiences
Ability to analyze complex market issues, make sound decisions and respond in time-sensitive situations
A successful track-record demonstrating quantitative and advanced analytical skills in the workplace
Professional experience working productively in a high-performance team atmosphere and as an independent analyst
Prior advanced coursework in economics, finance, public policy or a related field
Ability to adhere to area-specific financial disclosure requirements
U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

Nice To Haves

Experience with Bloomberg, SQL and/or Python is a plus
Evidence of a desire to continually learn and improve skillsets

Responsibilities

Monitor, analyze and report to policy makers on global financial market developments
Track intra-day and longer-term global asset price movements
Interface with market participants to obtain context for asset price movements
Integrate insights from analysis of price action, outreach to market contacts, and coverage of global developments to identify themes relevant to monetary policy and financial stability
Prepare detailed written analysis and present verbal briefings on financial market developments
Assume responsibility over time as a Markets Group specialist with analytical and operational responsibilities across specific markets segments
Perform periodic early-morning analytical coverage