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Supervisory Policy Analyst (CRA Policy Analyst) - Federal Reserve

  • 1.  Supervisory Policy Analyst (CRA Policy Analyst) - Federal Reserve

    Posted 08-11-2021 11:53
    Edited by Caroline Valvardi 08-11-2021 12:52
    POSTED ON BEHALF OF FEDERAL RESERVE BOARD OF GOVERNORS. Please see link to full job posting to learn more and apply ASAP:

    • Primary Location: DC-Washington
    • Employee Status: Regular
    • Overtime Status: Exempt
    • Job Type: Standard
    • Travel: Yes, 25% of the Time
    • Shift: Day Job
    • Years of Experience Required: 4
    • Education Required: Bachelor's or Equivalent Exp.
    • Relocation Provided: Yes
    • Salary Grade Low: 26
    • Salary Grade High: 28
    • Posting Date: Aug 9, 2021

    Position Description

    Supervisory policy analyst is thoroughly knowledgeable about consumer financial services issues and supports the evaluation and development of analyses to inform the Federal Reserve Board's interest in consumer matters including such areas as consumer credit and financial services, consumer protection, and community reinvestment, with specific emphasis on the Community Reinvestment Act. Identifies, tracks, and monitors emerging issues and trends in the financial sector that might have consumer, community, supervisory, and/or regulatory impacts. Maintains information, analyzes data and information from various resources, and prepares initial drafts of written memoranda and other communication products regarding Board issues. Supports web-based tools through the preparation and posting of information summaries and monitoring of the activities of the tools. Researches issues to respond to inquiries of moderate complexity relating to issues regarding consumer financial services, consumer protection, and community reinvestment. Works independently and uses good judgment with regards to completing assignments and making recommendations which address identified trends and issues in the financial services and community reinvestment sector environments.

    Position Requirements

    The Board's Division of Consumer and Community Affairs (DCCA) is seeking to fill three positions that will each play a senior role in the development and implementation of Community Reinvestment Act (CRA) policy. Depending on the selected candidate's experience and qualifications, the Board will select candidates from the following job titles and grade levels: Supervisory Policy Analyst (FR 26); Sr. Supervisory Policy Analyst (FR 27); and Lead Supervisory Policy Analyst (FR 28).

    The positions work under the general supervision of the CRA Manager, exercising leadership and initiative in policy development and implementation, including efforts around CRA modernization, as part of the CRA Policy section in DCCA.

    Responsibilities and skill set of the positions include:

    • Analyzes and develops regulatory policy approaches, develops guidance for System examiners, addresses questions on CRA supervisory issues, and works to increase the effectiveness and efficiencies of the Division's programs and policies.
    • Possesses strong writing skills, with an ability to analyze information in a clear and logical manner.
    • Demonstrates strong verbal presentation skills and can verbally present proposals and information to colleagues and Board senior leadership.
    • Conducts policy analysis and development that is informed by research, data, and consultation with internal and external stakeholders. An ability to use critical thinking and reasoning to help address complex policy issues is highly desirable.
    • Engages in innovative thinking and problem solving. Able to work in a fast-paced and dynamic environment.

    Required Experience

    • Requires a minimum of a bachelor's degree.
    • For a FR-26 level position, requires at least four years of relevant work experience.  For a FR-27 level position, requires at least five years of relevant work experience.  For a FR-28 level position, requires at least six years of relevant work experience.  Relevant work experience may include analyzing, developing, and/or implementing policies related to any of the following fields: CRA; serving the banking, lending, or community development needs of low- and moderate-income communities; and/or experience with relevant markets such as affordable housing, small business, small farm, consumer lending, or community development financing with a focus on serving low- and moderate-income communities.

    Preferred Experience

    • Candidates with at least a master's degree, such as a law degree, masters in economics, and/or masters in public policy are preferred.
    • Strong CRA policy experience is preferred, including at a regulatory agency, at a financial institution, or at a consumer, community, or research organization.
    • In addition to the above requirements, candidates with expertise in any of the following areas are encouraged to apply: fair lending experience; data analysis experience, including experience analyzing consumer financial data (e.g., HMDA, CRA small business/small farm, or census data) or community development data; data visualization or mapping experience; drafting examination or supervisory standards; or rule writing experience.

    A writing test will be administered for consideration of candidacy.  Please include a resume and cover letter in your profile prior to submitting your application.

    We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.