FedNow SMO - Analyst

Company
Federal Reserve Bank of Boston
FedNow SMO - Analyst
The Federal Reserve is developing a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow service. This service will help enable financial institutions provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of a new mission-critical Federal Reserve initiative that will be transformative to the payments landscape in the United States.
A requirement of this position is that the employee must be fully-vaccinated (1 or 2 shot vaccination) and boosted or qualify for an accommodation from the Bank's vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.
What will be expected of you:

• Develop subject matter expertise on the FedNow Service
• Coordinate with subject matter experts across teams to develop knowledge and understanding of changes and new functionality and assess impact to customers and internal teams
• Maintain and update external documentation and support the publication and presentation to external stakeholders
• Support training and education of internal stakeholders on the changes and new functionality
• Demonstrate flexibility and adaptability to support a growing and evolving organization through multiple roles and assignments
• Use subject matter expertise to create and modify new or existing business processes
• Gather and organize information, conduct thorough and accurate work, support findings and conclusions, make recommendations, and follow-up, as appropriate

Expertise you will bring

• Bachelor's degree with 3+ years relevant work experience
• Writing and editing skills with an ability to synthesize complex topics and information in a clear and concise manner
• Strong analytical skills and problem-solving skills with demonstrated ability to quickly gather, analyze, synthesize and organize information
• Strong collaboration, influencing skills, and verbal and written communication skills
• Ability to manage competing priorities and work under tight deadlines while providing high quality results
• Ability to work in an office environment and/or remotely as applicable

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks.
The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.
All applicants must have resided in the United States for at least three (3) years.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
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.
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