Company Federal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.
A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank

Job Description:

The Data and Analytics team at Federal Reserve Bank of Boston (FRBB) has an exciting opportunity for a junior- to intermediate-level data analyst for data and analytics efforts in support of the Main Street Lending Program (MSLP). We are looking for someone with an interest in utilizing technical tools to provide analytical support and generate efficiency gains by improving manual processes. This position will be a good fit for someone who is interested in applying their technical and analytical skills to a highly impactful lending program that resulted from the COVID-19 pandemic and continues to receive attention from senior leadership at FRBB and the Board of Governors.

Responsibilities will consist of: providing analytics for MSLP; automating output of manual reporting processes; responding to adhoc requests for data, statistics, visualizations, and other analyses. The primary source of data will be obtained via backend queries and some flat-file data extracts (Excel, csv). Data and analytics will be performed on a virtual Linux cluster environment that includes configured project management and git tools. This role will also require the development and maintenance of clear documentation.

An important responsibility in this role will be to effectively communicate compelling stories to help business lines better understand their data and enable data driven decisions. This role will work cross-functionally and requires the ability to operate with substantial latitude for action and will be a good fit for someone who is a self-motivated team player.

Knowledge and experience:

• Typically requires 2+ years experience and a Bachelor's degree (Master's degree preferred) in any of these fields: mathematics, economics, statistics, data science/analytics or similar quantitative field
• Demonstrated ability to work independently and effectively in a remote team environment
• Applies judgment and critical thinking to solve problems
• Examines problems and processes with a creative lens
• Ability to quickly learn and use new tools, technologies, and methodologies
• Proven ability to gather data and translate business requirements to provide appropriate analytical solutions to solve business problems, ranging from basic reporting to predictive analytics

Technical skills:

• Proficiency in either R or Python (required; RMarkdown experience a plus)
• Experience using git and related repository manager(s) (strongly preferred)
• Experience in Linux environments (helpful)
• Experience with front-end visualization tools, such as Tableau, RShiny (a plus)
• Experience with agile software development workflow tools (a plus)

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

Full Time / Part Time Full time

Regular / Temporary Regular

Job Exempt (Yes / No) Yes

Job Category

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