Capital Markets Trading Assoc

Company

Federal Reserve Bank of New York

Designs and executes central bank and/or monetary authority policy trading activities and operations in the financial markets and readiness to establish emergency lending programs as directed by the Board of Governors.  Analyzes domestic and international market developments and trends to support policy work. Contributes to the execution of monetary policy trading operations, analysis, and policy work.

Role Description
Experienced: Acts as a seasoned individual contributor. Works independently with limited supervision, and may manage projects/processes. Coaches and reviews the work of other professionals. Faces problems that are difficult and sometimes complex. Influences others regarding policies, practices, and procedures. Tactical (40%) –focused on the plans to achieve goals and objectives –the “how”, Transactional (60%) –carries out defined steps or processes.
Achieves operational targets with significant impact on departmental results. Works independently on larger, complex projects/ assignment. Manages entire projects or processes within their job area. Performs work under intermittent supervision with significant autonomy and discretion; plans and arranges short-term work. Meets less clearly defined goals.
Communicates with parties within and outside of their own function, which may include external organizations. Influences parties within and outside of their function at an operational level regarding policies, procedures, and practices.
Requires higher knowledge of their job area. Has practical knowledge of project and process management. Experienced understanding of business line and of specialized discipline and an understanding of the overall Bank.
Provides resolution to a diverse range of recognizable complex problems. Analysis is required to identify root cause. Uses judgment within defined boundaries to develop alternate solutions, both long and short term. Problem/Task resolution timeframe: Inclusive of shorter timeframes, but typically the majority of tasks take three to six months to resolve.

Job Summary
[Designs and executes central bank and/or monetary authority policy trading activities and operations in the financial markets and readiness to establish emergency lending programs as directed by the Board of Governors.  Analyzes domestic and international market developments and trends to support policy work. Contributes to the execution of monetary policy trading operations, analysis, and policy work. ]

Core Responsibilities
[Monitors and analyzes specialty market conditions and broader financial market developments. Produces high quality written and verbal communications for stakeholders. Plans and executes central bank, monetary authority, or customer trading activities and operations in accordance with risk management protocols. Maintains knowledge of crisis lending tools in markets covered to support re-establishment of such tools as directed by the Board of Governors. Participates in ad-hoc projects related to central bank policy, monetary authority, or customer trading activities, operations, and analysis of financial markets. Maintains relationships with market participants for market intelligence gathering.]

Qualifications
[
Strong experience in Economics, Finance, Public Policy, or a related discipline.
]

Touchstone Behaviors


Communicate Authentically - Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.

Collaborate Inclusively - Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.

Drive Progress - Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.

Develop Others - Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.

Take Ownership - Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Markets Family Group

Work Shift

First (United States of America)

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