The Financial Support Office (“FSO”), headquartered in the Federal Reserve Bank of Boston, is a national function providing financial management leadership for all twelve Federal Reserve Banks and the business lines and support areas they host, an operation with a $6 billion plus operating budget and nearly $1 billion capital budget. The FSO is responsible for developing and maintaining key technology applications including the General Ledger of record and the customer account tool for depository institutions. The team serves as the product owner for the financial tools in the Workday platform. The FSO also acts as a shared service center, providing centralized accounting and travel reimbursement services for Federal Reserve Banks as well as customer service technology support for depository institutions. The Financial Management team within the FSO is responsible for leading the development and management of strategically aligned budgets and forecasts, overseeing the cost accounting methodology and implementation, partnering with business leaders on financial projections, and ensuring the development of annual financial services cost and revenue components in support of reporting on the financial performance of the Federal Reserve’s financial product offerings to depository institutions.
The FSO delivers critical insights and analytics solutions across the organization. The Lead Data Analyst’s role is to accelerate time to insights and action across FRB by providing targeted analytical expertise support, reliability, and consistency in data practices. The role supports the FSO in providing self-service analytics, responding to ad hoc requests, providing capable and accurate analytics and statistical support, as well as serving a key role in data management. The role will involve working within FSO or directly with stakeholders to define business requirements and understand data needs, develop data pipelines to automate the flow of information, develop visualizations to support decision making, and build statistical models to perform descriptive, diagnostic, and predictive analyses. An important responsibility in this role will be to effectively communicate compelling analytics to help leaders across the System better understand and leverage their data, enabling decision making supported by data. This role will work cross functionally and requires the ability to operate with substantial latitude for action; it will be a good fit for someone who is a self-motivated team player.
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The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch lists 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.
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.
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.
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