Country Risk Associate

Federal Reserve Bank of New York
  • Location
    New York, New York
  • Sector
    Government
  • Experience
    Mid Career
  • Posted
    Jul 21

Position description

The International Affairs & Strategy function in the Executive Office is responsible for strategically strengthening the Bank’s international relationships to generate insights about the global economic and financial environment, enable collaboration on issues of mutual interest, and facilitate the execution of the Bank’s international responsibilities.
  
Department Overview: 

 

The Country Risk Department in the International Affairs and Strategy function is responsible for:

  • Providing a country risk framework and analysis on country developments and regional trends in support of the Bank’s international operational and policy activities and external engagement
  • Developing working relationships with global central banks and governments, US government entities and private sector institutions
  • Ensuring that insights from international engagements are effectively disseminated within the Bank
  • Facilitating standing and ad-hoc cross-Bank teams to promote information sharing and analytical collaboration on international work

 

Your role as a Country Risk Associate:

  • Analyze country and regional financial and economic fundamentals, political developments and associated policy issues to inform and support Federal Reserve international policy and operating decisions and external engagement
  • Provide high-caliber analysis on country and regional developments and risks, and facilitate cross-Bank international work groups
  • Analyze macroeconomic fundamentals including the evolution of the real economy, balance of payments, and fiscal accounts; and monetary, fiscal and external sector policy frameworks
  • Analyze financial sector trends, credit conditions and systemic risks
  • Analyze country political and regional geo-political developments and associated policy issues
  • Provide analytical and external engagement support for international policy and operational businesses
  • Evaluate country and transfer risk for countries with large US bank exposures
  • Facilitate cross-Bank teams to address topical international issues and support external engagement
  • Participate in Bank and Federal Reserve System efforts to evaluate international financial, economic, and market trends and policy issues through written analysis and oral briefings
  • Maintain working relationships with US government agencies, foreign central banks and public sector entities and international financial institutions
  • Travel to portfolio countries and participate in, and provide analysis to support, senior engagement, including coordination and preparation of briefing materials and trip readouts

 

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Qualifications

What we are looking for:

  • Advanced degree in business, finance, economics, or public policy including training in international economics and finance
  • Approximately 5-7 years of experience that includes lead analyst or portfolio responsibilities
  • Familiarity with country risk analysis and a background providing macroeconomic, markets, financial sector, and/or political analysis for senior level executives
  • Ability to obtain U.S. Security Clearance which includes verification of U.S. Citizenship
  • Strong analytical and critical thinking skills demonstrated by the ability to draw on relevant in-house and external expertise, assimilate new information quickly, understand complex topics, and develop sound conclusions in a timely manner
  • Proven ability to quickly synthesize qualitative information and quantitative data from diverse sources to draw inferences, support analytical conclusions, and clearly communicate high-level takeaways for a senior audience
  • Effective diplomatic skills, including the ability to develop and maintain a broad range of internal and external contact networks
  • Strong project management skills, including sound influencing and problem solving capabilities,  and the ability to manage multiple assignments simultaneously
  • Experience working in a team environment where collaboration across functions/stakeholders was essential for success
  • Foreign language skills and regional expertise preferred

 

Our 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

  • Flexible Work Arrangements

  • And more

Application instructions

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