Job Information
Federal Reserve System Lead Business Analyst, Administrative Services in Chicago, Illinois
Company
Federal Reserve Bank of Chicago
As Lead Business Analyst, you lead and control complex analysis for the Administrative Services business unit and implement solutions that improve the quality of services delivered. This position acts as a knowledge resource, business partner and project manager related to internal business and operations analytics, reporting, process and quality reviews and Department programs. You provide strategic consultation, recommendations, and action plans on multiple intermediate to large departments or Federal Reserve Bank of Chicago (FRBC) projects and act as liaison between team members and functional area management.
This position is considered expert level and performs work of high complexity. You will work independently with minimal supervision. You will have no direct reports but may assign work, provide direction, or act as a mentor to junior staff.
Your Responsibilities
Perform analysis and projections (financial, performance, operational and statistical) on complex analysis projects including compilation and arrangement of data, computations, result analysis, charts and exhibit creation, report preparation, and data accuracy validation; identify issues or problems with data and leads recommendations/changes to remedy errors
Lead and manage the oversight of a portfolio of interrelated projects, programs or business unit activities that create efficiencies and improve the business operations of the Department
Lead and oversee in the identification of trends, performs research, prepare written proposals, and present recommendations to Department staff and management
May lead and/or participate in high impact/priority workgroups, ensuring daily operations of core functions are consistent with established policies, procedures and controls
Plan, direct and coordinate department/Bank project activities and resources to ensure project goals are completed on time, within budget and with optimum quality; provides direction, prioritization, and conflict resolution in managing project teams to accomplish project objectives
Organize activities to create and administer assigned budgets, monitor, analyze actual spending, and develop projections to authorize financial commitments, project future performance and functions purchasing activities, and interface with vendors
Develop, maintain, manipulate and analyze spreadsheets and databases for department, extracting data from other systems as necessary; develop metrics to track performance plans
Create briefing materials and presentations for the Bank and Federal Reserve System management and present to senior leadership as needed
Develop internal and external communications for stakeholder groups including use of innovative technologies to reach multiple audiences throughout the Bank
Conduct market research, trend, return on investment, cost/benefit, and best practice analysis to develop business cases and recommendations to present to senior leadership; carry out changes as necessary
May lead testing and reporting on internal controls to ensure compliance with all applicable regulations, professional standards, and the organizational policies
Provide direction, prioritization, and conflict resolution in managing project teams to accomplish project objectives
Lead work with senior leaders to establish metrics and targets to be used to analyze and determine organizational performance
Your Background
Bachelor's degree
7+ years of direct work experience
Experience in project management methodologies, certification a plus
Experience in performing specialized business analysis and project assessment
Experience gathering and analyzing data, reporting and presenting financial data and coordinating efforts of a project team
Experience communicating with internal stakeholders including executives, technical resources, internal communications and public relations
Expert independent thinking and decision-making abilities
Expert analytical skills and ability to think independently
Self-directed and motivated
Demonstrated ability to learn new technical applications
Possesses and applies strong internet navigation and research skills
Excellent written, oral and interpersonal communication skills
Strong relationship building skills
Additional Requirements
As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.
What We Offer
Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off and transit benefit.
A continuous learning environment with opportunities to gain new skills and grow your career.
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Analytical
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 (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.