Capital Markets Trading Associate- CMM (NEW YORK)

at  Federal Reserve Bank of New York

Company
Federal Reserve Bank of New York
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.
What we do:
The Markets Group at the Federal Reserve Bank of New York consists of multiple teams that fulfill a range of responsibilities, from planning and executing open market operations, monitoring, and analyzing financial market developments, to managing foreign customer accounts. Through its analytical and operational areas, the Markets Group:

Your role as a Trading Associate:

• Monitor, analyze and report to policy makers on global financial market developments:
• Track intra-day and longer-term global asset price movements; Interface with market participants to obtain context for asset price movements;
• Integrate insights from analysis of price action, outreach to market contacts, and developments to identify themes relevant to the monetary policy process;
• Prepare detailed written analysis and present oral briefings on market developments to officials in the Federal Reserve, the Treasury, and other institutions;
• Relate developments in financial markets to issues pertaining to financial stability; and
• Assume responsibility over time as a Markets Group specialist for a specific aspect of financial markets.
• Plan and execute transactions in foreign exchange or fixed income markets on behalf of the U.S. monetary authorities, foreign central banks, and other customers
• Participate in projects within the Markets Group related to increasing the effectiveness and efficiency of our work
• Performs related duties as required

What we are looking for:

• A successful track-record demonstrating quantitative and advanced analytical skills in the workplace
• Knowledge of financial instruments and financial market structure, macroeconomic theory and monetary policy
• Ability to combine intelligence gathered from multiple sources and with available data to produce well-written executive summaries and presentations to a wide range of audiences
• Ability to analyze complex market issues, make sound decisions and respond in time- sensitive situations
• Professional experience working productively in a high-performance team atmosphere and as an independent analyst
• Prior advanced coursework in economics, finance, public policy or a related field
• Periodic early morning rotations may be required

• Must adhere to area specific financial disclosure requirements

  Desirable Criteria

• Experience with SQL and/or Python is a plus

• Evidence of a desire to continually learn and improve skillsets

  Salary Range: $128,000/ year
  We believe in transparency at the NY 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.
  Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us.
  Learn more.
  Benefits:

Our organization offers benefits that are the best fit for you at every stage of your career:

• Fully paid Pension plan and 401k with Generous Match
• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
• Subsidized Public Transportation Program
• Tuition Assistance Program
• Onsite Fitness & Wellness Center
• And

more
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.
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.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.
We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at
ny.leaves@ny.frb.org
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 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.
Access level:
2 – Background Investigation
Job Profile(s)
02B Capital Markets Trading Assoc 10515
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Markets
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
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Markets
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 Notic

• Monitor, analyze and report to policy makers on global financial market developments:
• Track intra-day and longer-term global asset price movements; Interface with market participants to obtain context for asset price movements;
• Integrate insights from analysis of price action, outreach to market contacts, and developments to identify themes relevant to the monetary policy process;
• Prepare detailed written analysis and present oral briefings on market developments to officials in the Federal Reserve, the Treasury, and other institutions;
• Relate developments in financial markets to issues pertaining to financial stability; and
• Assume responsibility over time as a Markets Group specialist for a specific aspect of financial markets.
• Plan and execute transactions in foreign exchange or fixed income markets on behalf of the U.S. monetary authorities, foreign central banks, and other customers
• Participate in projects within the Markets Group related to increasing the effectiveness and efficiency of our work
• Performs related duties as require