Capital Markets Trading Analyst

Federal Reserve Bank of New York; New York (NY); On-site; USD 101,000 - 125,000; Full time

Job summary

The Federal Reserve Bank of New York is seeking a Capital Markets Trading Analyst to maintain critical datasets, analyze financial markets, and support monetary policy operations. You will work with data sources such as TRACE and build dashboards to inform decisions.

Candidates should have experience with Excel, Tableau/Power BI, SQL, Python, R, and Bloomberg, plus strong communication skills. This full-time onsite role offers competitive compensation and benefits.

Qualifications

• Demonstrated interest in financial markets and monetary policy including the ability to discuss the basic functions of the Federal Reserve.
• Full-time workplace experience handling and manipulating complex data sets.
• Experience with Microsoft Excel (can perform complex functions).
• Familiarity with data analysis or visualization tools such as Tableau/Power BI, SQL, Python, R, and/or Bloomberg.
• Familiarity with AI capabilities and productivity tools which could be leveraged to optimize operational and analytical processes and products.
• Strong written and oral communication and interpersonal skills.

Responsibilities

• Maintain, improve, and build datasets and tools that support monetary policy operations and fiscal agent activities; develop understanding of data sources like TRACE.
• Integrate data sources and generate analysis; create dashboards or visualizations to support daily activities.
• Support planning and execution of monetary policy operations and/or fiscal agent transactions; analyze market developments in relation to policy.
• Assist senior staff with ad-hoc policy, operations, market analysis and data analysis projects.

Skills

Excel

Tableau/Power BI

SQL

Python

R

Bloomberg

Data visualization

Communication

Tools

Tableau/Power BI

SQL

Python

R

Bloomberg

Job description

CompanyFederal Reserve Bank of New YorkWhen 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 NY Fed, 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 Markets Group of NY Fed implements monetary policy on behalf of the Federal Reserve System, executes lender of last resort operations for depository institutions in the Fed’s Second District, provides payments and custody services to foreign central banks, and acts as fiscal agent for the U.S. Treasury.As part of these responsibilities, the mission of the trading desk in the Markets Group is to:Implement domestic open market and foreign currency operations in a manner that is consistent with directives of the Federal Open Market Committee.Monitor and analyze global financial markets to inform the formulation and implementation of monetary policy.Produce New York Fed Reference Rates using transactional data.Provide capital markets-related transaction services on behalf of the U.S. Treasury.Conduct financial market transactions on behalf of foreign and international monetary authorities (FIMA).How You’ll Make an Impact as a Capital Markets Trading Analyst:Your work will involve the maintenance and analysis of financial markets and transactional data, supporting the conduct of financial market operations to implement monetary policy and act as fiscal agent for the US Treasury, and market monitoring and analysis. More specifically, you will:Maintain, improve, and build a variety of critical datasets and tools that support monetary policy operations and fiscal agent activities;Develop an understanding of a variety of relevant data sources, such as TRACE trade data, and others. Work toward integrating those data sources and generating analysis to support the team’s daily activities. This may include integrating data into dashboards or using other visualization tools;Support and conduct the planning and execution of monetary policy operations (i.e. purchases and sales of Treasuries, repos, reverse repos) and/or fiscal agent transactions (i.e. Treasury debt auctions):Analyze and report on developments in financial markets as they relate to monetary and fiscal policy;Assist senior staff members with ad-hoc projects related to policy, operations, market analysis and data analysisThe Unique Skill Sets We’re Looking For:Demonstrated interest in financial markets and monetary policy including the ability to discuss the basic functions of the Federal ReserveFull-time workplace experience handling and manipulating complex data setsExperience with Microsoft excel (can perform complex functions)Familiarity with data analysis or visualization tools such as: Tableau/Power BI, SQL, Python, R, and/or BloombergFamiliarity with AI capabilities and productivity tools which could be leveraged to optimize operational and analytical processes and productsStrong written and oral communication and interpersonal skillsOther Things to Know:Salary Range:NY: $100700- $124600Chicago: $88600- $109700We 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 are designed to support you through all your life stages:Learning & Growing: Educational assistance, career development tools, and stretch opportunitiesSupporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and moreManaging Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness CenterOptimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation programOur 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.Apply now if you’re ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here 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.We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [e-mail] 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 inquires including the status of applications will not receive a response from this e-mail box.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.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.Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)NoJob CategoryMarkets Family GroupWork ShiftFirst (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