The RCA Unit contributes to FRBB’s mission to promote sound growth and financial stability in New England and the nation by effectively serving as a source of liquidity to depository institutions within the First District of the Federal Reserve System
Job Summary
The RCA Unit contributes to FRBB’s mission to promote sound growth and financial stability in New England and the nation by effectively serving as a source of liquidity to depository institutions within the First District of the Federal Reserve System.
In this position you would be part of a team responsible for supporting day-to-day Reserves, Discount Window, and PSR operations, including assessment and processing of loans, monitoring financial institution data, and reviewing internal processes.
The Federal Reserve Bank of Boston believes in salary transparency and aims to pay competitively based on background, skills, internal equity, and market data.
Matching Summary
The RCA Unit contributes to FRBB’s mission to promote sound growth and financial stability in New England and the nation by effectively serving as a source of liquidity to depository institutions within the First District of the Federal Reserve System.
Salary
Base: $90,400 - $135,600 annually; Bonus/Equity: Not specified; Benefits: Not specified
Skills & Requirements
Must-have
collateral management
Discount Window lending
financial institution data analysis
root cause analysis
MS Excel proficiency
time-sensitive operational issue resolution
onsite work requirement
Nice-to-have
intellectual curiosity
independent decision-making
strong written and verbal communication
flexible work hours
collaboration across Federal Reserve System
Key Requirements
Master’s degree or equivalent experience
Minimum 2 years job-related experience
Must be US citizen or permanent resident with 3 years US residency
Successful completion of two-phase security screening
Compliance with Bank's ethics and conflict of interest rules
Work Rights
Must have US citizenship or permanent residency with 3 years US residency