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Posted: Thursday, February 1, 2018 12:05 AM

National Office Seeking Individual Contributor with Business Acumen and Analytical Experience!
*About the Organization:*
The Federal Reserve System ( The Fed ), or the central bank of the United States, works to promote the effective operation of the U.S. economy through setting monetary policy, fostering financial stability, and serving communities. The Financial Support Office (FSO) is headquartered in the Federal Reserve Bank of Boston, whose vision is public service that makes a difference to the region, the nation, and the world.
The FSO provides financial management leadership for The Fed. In collaboration with all twelve Federal Reserve Banks and the business and support areas they host, the FSO works to position the highest levels of The Fed s leadership to work in concert to achieve multi-year strategic spending alignment and spending stewardship (money is spent in the right place, in the right amount, and for the right value). The FSO is also responsible for introducing and reinforcing financial and technology disciplines and frameworks (such as rolling, strategy-driven forecasts), providing key inputs for payment system pricing decisions, and maintaining the technology roadmap for The Fed s portfolio of financial applications and centralized operations.
*Job Summary:*
The Senior Analyst is part of a small spend management analytics team dedicated to fleshing out the story of what happened, what is projected to happen, and what might happen, using defensible insights from varied data sources. Asking critical questions, the team forms hypotheses and substantiates insights with credible information (both qualitative and quantitative). Because The Fed is nationally distributed, understanding the business drivers of spend and presenting them in a way that fuels an informed discussion can be an interesting challenge. Specifically, the incumbent must navigate a complex organizational structure while communicating effectively across a matrixed organization; this entails knowledge sharing, ensuring people are in the know, providing the opportunity for colleagues to offer input, validating new ideas, and addressing potential roadblocks.
The Senior Analyst is an important contributor to affecting positive changes to the inner-workings of The Fed. In addition to providing analytical insights, looking across the expansive portfolio of spend among a variety of business functions, the Senior Analyst will also be responsible for presenting those insights visually to varied audiences. The incumbent will also streamline and improve workflows (including technology application enhancements), objectively market the FSO s performance, and facilitate conversations that lead to action and forward progress.
This position is required to ensure complete, high-quality delivery of various work products as directed and assigned. This position is typically assigned output intended for executive level audiences that impacts key decisions.
*/Specific responsibilities include:/*
Develops presentation materials (mostly PowerPoint) and briefing packets to help prepare executive management for critical discussions.
Conducts analyses (mostly Excel), including, for example, drill-down and variance reporting, financial/scenario modeling and assessments of project cost component of business cases.
Works to socialize and communicate various approaches and insights, often through active participation in virtual workgroups, facilitation of in-person meetings, or in writing memos or reports (a writing test will be administered if selected for an interview).
Works to streamline and maintain process flows, such as The Fed s budget process or communication channels, which may require leading automation efforts.
Provides consultative and analytical support as requested. Leads or contributes to special studies for management.
*Knowledge and Experience:*
The ideal candidate will have operated in an end-to-end capacity. This may mean the candidate has started their own small business, or worked in a variety of different functions of an organization, or was instrumental in the success of a non-profit or other such endeavor. Typically, the following demonstrable skills would be achieved with 3-7 years of experience.
*Specific skills include:*
Solid understanding of finance and accounting, particularly with P&L statements, reporting variances/drivers, activity based costing, project accounting, and cost/benefit analyses.
Sound business acumen. Possesses the ability to understand the political, cultural, and strategic environment as well as understand and articulate the business case for change.
Self-starter/resourceful. Able to deal with ambiguity in assignments.
Demonstrates continuous development and improvement, particularly with strong writing and presentation skills (Microsoft Office products).
Able to uphold the FSO brand, particularly with stakeholder engagement.
Experience with SQL or connecting multiple data sources is a plus.
Experience with some semblance of project management is a plus.
**Organization:** **Federal Reserve Bank of Boston*
**Title:** *Senior Business Operations Analyst - Financial Support Office*
**Location:** *MA-Boston*
**Requisition ID:** *252938*
Associated topics: analyst, business finance, business intelligence, consult, examiner, forecasting, investment analytics, investment fund, legal, regulation


• Location: Boston

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