Job Information
Federal Reserve System Financial Analyst in Chicago, Illinois
Company
Federal Reserve Bank of Chicago
This role is responsible for performing complex financial analysis, performance reporting, and collaborating with stakeholders. The Financial Analyst also ensures compliance with budget guidance, accounting rules, Federal Reserve System policies and standard operating procedures.
The level of work required is considered advanced and staff must be able to work under minimal supervision. This job does not have any direct reports.
Financial Analysis Responsibilities
Conducts analysis and provides consultation regarding complex budget, revenue, forecast, and accounting data
Provides independent and complex analytical support to produce performance reporting and executive leadership presentations at the District and System level
Performs operational tasks for forecasting and accounting functions
Contributes to the preparation of the budget documents
Identifies continuous improvement efforts
Creates and delivers training on accounting and finance related processes, procedures and applications
May lead and/or participate in high impact/priority workgroups
Compliance Responsibilities
Ensures daily operations of core functions are consistent with established policies, procedures and controls
Provides policy consultation and guidance to stakeholders from analysts to senior executives
Researches and responds to complex inquiries regarding Federal Reserve System or local Reserve Bank policies
Your Background
Bachelor's degree in Accounting, Finance, related field or equivalent experience
One or more years of relevant work experience
Advanced knowledge of finance principles, practices and procedures obtained through education, experience or certification
Independent thinking and decision making abilities
Possesses strong communication and presentation skills
Possesses analytical skills and ability to apply, interpret, and explain complex analysis of financial data
Demonstrated aptitude to leverage relevant technology and software applications, including ability to create and modify complex spreadsheets
Excellent attention to detail
What we Offer
Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
A learning environment with opportunities to gain new skills and grow your career
Additional Requirements
This role is a hybrid work model in Chicago.
As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status. employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Accounting/Finance
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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.