CompanyFederal Reserve Bank of ClevelandThe Federal Reserve Bank of Cleveland is part of the nation’s central bank and we’ve provided many opportunities for professional growth during our history.For twenty-four years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.Our People Make the Difference! The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future.Follow us on LinkedIn, Twitter, Instagram, and our YouTube channel – Cleveland FedThis role is based in Cleveland, Ohio, and is a hybrid work arrangement - individuals may be required to work some days in the Federal Reserve Bank of Cleveland while working the other days from home.Organizational Expectations :As a financial analyst you will provide analytical and project support for department. You will perform moderately complex accounting, financial, and analytical functions. You will also provide customer service to internal and external customers and perform risk testing/COSO testing.General Responsibilities :
Works independently, under minimal guidance to complete core tasks and special projects.
Oversees process and resolution of complex issues related to budget administration and forecast maintenance.
Conversions, Accounting and Billing. Develops recommendations and makes presentations to management and department staff.
Trains others on new procedures/policies.
Provides customer service to internal and external customers.
Acts as backup to other financial analysts/specialists.
Verifies and reviews security access, as applicable.
Manages, coordinates, or conducts activities (as applicable) related to identifying and managing department risks, such as: Enterprise Risk Management (ERM) assessment and compliance activities, COSO testing and documentation, Information Security adherence, and completion of the risk management process.
Compiles and analyzes data; builds financial models that provide accurate and timely information; communicates conclusions.
Demonstrates understanding of core business systems, application and tools; suggests and assists with changes.
Provides moderately complex financial analysis in support of the Bank’s and/or Treasury's operational and strategic goals.
Performs other duties as assigned or requested.
Education and Experience :
Bachelor's Degree and a minimum of 3 years of related experience, or
Associate's Degree and a minimum of 5 years of related experience
Knowledge and Skills :
Intermediate Level Financial regulations, procedures, and practices (e.g, Accounting, FRS cost accounting, FAM, FRAM, CPIC, GAAP)
Proficiency in Microsoft Office Suite (Access, Excel, Outlook, PowerPoint, Word, etc.) and other business-related applications.
Ability to perform independent research
Project management, including organization, planning, and execution
Intermediate Level Analytical Verbal and written communication skills
Build and maintain professional relationships
Customer focus
Problem solving
Multi-tasking
Independence of Action/Autonomy
General Working Conditions and Physical DemandsTraditional office environment: Employees typically sit most of the day, work with a computer and may answer/respond to phone calls. Physical movement consists of walking for meetings, breaks, etc. Ability to lift items weighing approximately 20 pounds on a limited basis is required. Addendum as needed: Employees may be required to travel by car/air.Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryAccounting/FinanceWork ShiftFirst (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/WorkdayPrivacyNotice.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 usThere will always be room for personal growthOur people are firstYou’ll find the right balanceYour responsibilities will be meaningfulWe hope that you will be our future colleague.