Company
Federal Reserve Bank of New York
When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.
Our Unique Work: ??? ?
The Cross Market & Portfolio Analysis (CMPA) Function within the Markets Group conducts detailed analysis of financial market developments in support of the?Federal Reserve's?monetary policy?and financial stability?decision-making processes and provides projections and analysis of the Federal Reserve's balance sheet and the System Open Market Account to support the development and implementation of monetary policy.
The Director of Capital Markets (CM) is a member of the CMPA Senior Leadership team and provides leadership and management to the CM Directorate. ?The CM business line is composed of two staff units, each with policy-relevant monitoring and analytical responsibilities, and is responsible for producing?high-quality, timely,?and?policy-relevant?analysis?of?domestic corporate credit, equity, municipal, securitization, and commodities markets?for relevant stakeholders across the Federal Reserve System and U.S. Treasury Department.?The CM Directorate also provides expertise on non-bank financial institutions, and contributes to financial stability work at the Bank, in the Federal Reserve System, and across U.S. financial regulatory agencies.
How?You'll?Make an Impact as the Director of Capital Markets:??
Provide?strategic?leadership?and manage the?analysis of domestic capital markets and related policy developments.?
People?management responsibilities:
Direct?a high-performing team of?managers, specialists, and?analysts?engaged in?analysis ofdomestic capitalmarkets andrelatedpolicy developments?that?meets the needs of stakeholders at the New York Fed, Federal Reserve System, and U.S. Treasury Department in support of monetary policy and financial stabilityobjectives;?
Provide strong leadership which cultivates a professional workplace environment that?promotes inclusiveness,?fosters collaboration,?and supports?open and transparent communication?with an emphasis on talent management to attract, develop,?andretaintop talent;
Direct the?alignment of resources with CMPA's goals and the Markets Group strategic plan and?work with the CMPA Senior Leadership team to develop and execute CMPA's strategy.
Analytical?responsibilities:
Lead the team's resources in delivering timely, high-quality, policy-relevantanalysis ofdomestic corporate credit, equity, municipal, securitization, and commodities marketsto directly support the?Bank's?contributions to the Federal Reserve System's?monetary policy and financial stabilityobjectives;
Provide thought leadership in setting a forward-looking analytical agenda to meet?current and?future policy needs.Work with senior stakeholders to?adjust strategic priorities?in response?to shifts in the operating?environment?or?policy landscape;
Engage?with senior leaders across the Bank, Federal Reserve System and U.S. Treasury to ensure analytical products and briefings are aligned with stakeholders' priorities;
Represent the Bank?externally in interactions with private sector counterpartiesto further develop the Bank's understanding of policy-relevant domestic capital markets issues.
Represent the Bank?in?meetings andmaintainrelationships?with senior representatives from the official sector on relevant policy issuespertaining toCMresponsibilities.
The Unique Skill Sets?We're?Looking For: ??
Relevant?work?experience,?with a demonstrated interest in?financial markets?and?central bank?policy implementation.?Substantial knowledge of financial instruments, market structure, macroeconomictheoryand monetary policy;
Excellentdemonstratedleadership and decision-making?skills;
Strong business judgment, proactive leadership,and a strategicorientationto leada high performing team
Demonstrated agility and flexibilitytoguide the directorate throughchange management andunforeseenbusiness challenges
Strong aptitude?and?experience?in the sustainable and ongoing development of?talent, with?a?track record of?leading?wide-ranging teams to achieve high-quality andtimelyresults across policyand analyticalobjectives;
Demonstrated ability to provide constructiveandtimelycoaching and feedback on performance, strengths, and areas of development;demonstratedcommitment toprovidingmeaningful growth opportunities to team members;
Keen self-awareness andhighemotional intelligence, including the ability to build trust in a variety of relationships through candor, reliability, and authenticity,?and the capacity to embrace and draw from?various perspectives in an inclusive way?to improve the quality of outcomes;
Strong analytical,writtenand oral communication skills, including the ability to synthesize and transform complex issues and data into meaningful and actionable information for decision-makers, and the ability to lead others in this work;
Excellent?organizational?and planning?skills;
Foresight toanticipateand respond to rapidly evolving?analytical?needs and priorities;
Ability to crediblyrepresentthe Bank in market discussions with senior members of the public and private sectors.
Other Things to Know:
Salary Range:
New York: $236400 - $400000 / year??
Chicago: $208000 - $352000 / year??
We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you're stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
How We'll Support You:
Our programs and benefits (https://www.newyorkfed.org/careers/benefits_health.html) are designed to support you through all your life stages:
Learning & Growing: Educational assistance, career development tools, and stretch opportunities
Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program
Our Culture is deeply grounded in our Touchstone Behaviors - By working with us, you'll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more. (https://www.newyorkfed.org/careers/touchstone-behaviors)
Apply now if you're ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here (https://rb.wd5.myworkdayjobs.com/FRS) to see all our open roles.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. (https://www.newyorkfed.org/aboutthefed/ethics-conflicts-of-interest)
We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we'll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquiries, including the status of applications, will not receive a response from this e-mail box.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to 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.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Data Analytics Family Group
Work Shift
First (United States of America)
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.
Always verify and apply to jobs on Federal Reserve System Careers ( https://rb.wd5.myworkdayjobs.com/FRS ) or through verified Federal Reserve Bank social media channels.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday\Privacy\Notice.pdf)
