The Engagement Management Associate role at the Federal Reserve Bank of New York within the Data & Statistics Function is a strategic position that involves managing relationships with financial institutions and stakeholders to support financial data quality, governance, and analytics. Here’s an overview based on the job details:
Key Responsibilities
- Stakeholder Engagement: Build and maintain partnerships with financial institutions to understand and address data challenges, ensuring alignment with regulatory requirements.
- Industry Group Liaison: Work with industry groups to address data design and governance issues and provide insights into data management trends.
- Continuous Improvement: Foster a culture of continuous improvement within the Data & Statistics Function, advancing operational efficiency and promoting the growth of data services.
- Monitoring & Evaluation: Conduct ongoing assessments of regulatory reporting and support adherence to data governance principles.
Skills and Requirements
- Data Management: Strong understanding of data management concepts, particularly within the financial services and regulatory landscapes.
- Communication & Relationship Building: Effective communication skills with proven ability to influence stakeholders and build strong partnerships.
- Analytical Skills: Skilled in analyzing complex financial instruments and evolving regulatory environments.
- Decision-Making Abilities: Capable of making informed decisions that align with broader regulatory and financial system objectives.
Salary & Benefits
- Salary Range: $116,500 - $135,000 annually, with pay based on skills and experience.
- Benefits: Competitive package including a pension plan, 401k with matching, comprehensive insurance, subsidized public transportation, tuition assistance, and access to an onsite fitness and wellness center.
Additional Information
- Location: Hybrid model requiring some days in the office each week, with a commutable distance expected.
- Eligibility: U.S. citizenship required with additional background screening for access to sensitive information.
This role suits candidates who are analytical, skilled in data management, and interested in regulatory functions within a major financial institution. The New York Fed emphasizes transparency, diversity, and inclusion, fostering a supportive and flexible work environment.