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Job Title: Leadership Fellows Analyst
Company Name: Federal Reserve Bank of Phiadelphia
Location: Philadelphia, PA United States
Position Type: Full Time
Post Date: 02/11/2020
Expire Date: 04/11/2020
Job Categories: Banking, Finance/Economics
Job Description
Leadership Fellows Analyst
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.

The Federal Reserve Bank of Philadelphia is seeking a Leadership Fellows Analyst I.

Program Overview:

The Leadership Fellows Program (LFP) will offer an opportunity for exposure to a range of Bank functions while working as a broad based analyst. The program will provide a significant training and professional development component to prepare individuals to take on greater analytical and leadership responsibilities as they learn and grow through the program. The LFP is a challenging and quick paced program, with rotational assignments taking place, offering LFP analysts opportunities for career track promotions as they progress through entry, junior and senior level assignments. Promotions must be earned by meeting the necessary performance requirements to move to a higher level position. The LFP is a challenging and quick paced program, with rotational assignments taking place, as LFP analysts progress through entry, junior and senior level assignments. LFP analysts are considered Bank resources and can be assigned to different departments on short notice, depending on Bank business needs.

Job Summary:
Provides analytical and project support for unit/department; demonstrates increasing skills in collecting, analyzing, and presenting data/recommendations; and coordinates projects and assignments across a broad range of business functions. The incumbent is expected to perform the outlined tasks with close guidance, well defined instructions, and immediate supervision, either from management or from senior staff members. Work is reviewed and verified by others and decision making generally is limited to steps and/or approaches used in completing assigned tasks.

* Essential Duties
The incumbent is expected to gain knowledge about the assigned tasks below, business function, and Bank.
• Administers projects related to department operational improvements, staffing needs, department or Bank objectives, or procedure/policy reviews and updates. Assists in developing recommendations and makes presentations to management and department staff.
• Researches market/industry practices; collects and analyzes data or information; draws appropriate conclusions; presents results in written reports or through oral presentations using visual aids.
• Participates in budget related activities such as developing and monitoring budget, compiling data, monitoring expenses, responding to inquiries, providing documentation, explaining variances, presenting to management, and providing rationale and recommendations.
• Monitors status, identifies trends, and prepares reports on quality measures, performance metrics, or other department goals and objectives.
• Coordinates, or conducts activities related to identifying and managing department risks, such as internal audits; Security Assurance for the Federal Reserve (SAFR) compliance and risk management; and Business Continuity testing and plan maintenance.
• Completes ad-hoc projects and/or assignments.
• Coordinates business requirements and process changes for automated systems.
• Develops training plans and materials for department and/or Bank employees and trains others on the material.
• Performs other duties as assigned.
Qualifications & Requirements
Education and Experience:
Bachelor’s degree from an accredited college or university required.

Knowledge and Skills:
• Knowledge of fundamental concepts, practices, and procedures of analysis, communication, and/or the particular business function.
• Proficient computer skills in programs including, but not limited to Word, Excel, PowerPoint, Internet and email programs. Expand to more sophisticated MIS tools MS Access and internal and System business applications.
• Effective verbal and written communication and presentation skills.
• Demonstrated project management skills to include organization, planning and execution.
• Demonstrated analytical and problem solving skills.
• Demonstrated personal initiative.
• Effective customer service orientation.
• Effective interpersonal skills, including the ability to work effectively in a team environment.
• Demonstrated leadership potential.
• Position may include additional requirements unique to the individual department or division.


Our Benefits
Our benefit plans are designed to be the best fit for you at every stage of your career!
• Excellent health, prescription, dental and vision coverage
• Savings Thrift Plan (401K) with a 100% match up to 6% and a pension plan
• Paid vacation / sick time / paid holidays and a flexible work environment
• Numerous Employee Resource Groups to help you thrive and grow at the Fed in a diverse and inclusive environment
• Healthy lifestyle assistance through an on-site fitness center, subsidized cafeteria with healthy food options, and health and wellness programs
• Monthly public transportation allowance
• Numerous internal development programs plus annual tuition reimbursement programs
• Free credit protection, financial planning, and flexible spending accounts or health savings accounts
• … and much more!

Other Information:

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.

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.

Certain eligibility rules apply.



Interested, qualified candidates may apply online at: www.philadelphiafed.org/careers/job-openings. This position is Requisition #263228.
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Contact Information
Company Name: Federal Reserve Bank of Phiadelphia
Website:https://www.philadelphiafed.org/careers/job-openings
Company Description:
The Federal Reserve Bank of Philadelphia 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. It 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. The Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.
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