Senior Financial Markets Analyst / Financial Markets Analyst, Financial Markets Group

Posted 2 Months Ago
Chicago, IL, USA
Hybrid
78K-122K Annually
Senior level
Agency • Fintech • Payments • Sharing Economy • Social Impact
The Role
Conduct and contribute to financial markets research using complex datasets; develop data exploration tools; support policy analysis and brief senior leaders; publish reports and presentations; create educational materials for stakeholders; collaborate across multidisciplinary teams to inform monetary policy and financial stability work.
Summary Generated by Built In
Company
Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago's Financial Markets Group is focused on advancing financial policy and robust market practices to promote the stability of the U.S. financial system. We analyze and advise on issues that affect financial markets and impact financial stability across a broad range of topic areas. We are part of the Research, Policy, and Public Engagement function.
As part of a multidisciplinary and collaborative team of professionals, the Senior Financial Markets Analyst will advance the team's efforts to expand its analytical capabilities for research that requires use of complex data sets. You will use database knowledge to compile statistical data, create data exploration tools, conduct initial data exploration on your own and work with senior staff members on their research. This is an outstanding opportunity for someone who is highly motivated to both learn about financial markets and market infrastructures and to contribute to high quality, impactful work directly connected to the responsibilities of the Federal Reserve.
Key Responsibilities
  • Directly contribute to research and communicate findings to the public through published reports and presentations.
  • Support development of internal policy analysis to support Bank objectives related to monetary policy and financial stability.
  • Support team deliverables to advise Reserve Bank President, other senior Bank leaders, and other policymakers on matters related to the team's areas of expertise through written analysis and presentations.
  • Develop and maintain overview materials to educate internal and external stakeholders on key issues affecting financial markets and market infrastructures.
  • Contribute to a highly collegial and collaborative work environment.

Your Background
  • Bachelor's degree required.
  • 3-7 years of experience as an industry participant, regulator, or academic scholar.
  • Strong analytical and problem-solving skills.
  • Strong ability to balance multiple projects.
  • Commitment to public service.
  • Strong ability to work with and analyze complex data sets using R and Python.
  • Depending on level of experience, candidates may be considered for a Financial Markets Analyst role.

Additional Requirements
  • Travel approximately up to 10%
  • This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.
  • As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

What we Offer
  • Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
  • A learning environment with opportunities to gain new skills and grow your career
  • Unique opportunity to contribute to monetary policy and work on issues of national and regional economic importance
  • The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here:https://www.chicagofed.org/careers/thebenefits

The expected starting salary range for Senior Financial Markets Analyst position is between $102,800 and $121,600 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data.
The expected starting salary range for Financial Markets Analyst position is between $77,900 and $92,200 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data.
The Federal Reserve Bank of Chicago supports a diverse and inclusive work environment where employees and stakeholders are respected, treated fairly, and given equal opportunities to perform to their fullest potential. By valuing diverse experiences, styles, approaches and ideas, we can achieve our goals, serve our stakeholders and become a higher-performing organization
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Economics/Research Family Group
Work Shift
First (United States of America)
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.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
Privacy Notice

Skills Required

  • Bachelor's degree
  • 3-7 years experience as industry participant, regulator, or academic scholar
  • Strong ability to analyze complex data sets using R and Python
  • Database knowledge to compile statistical data and create data exploration tools
  • Strong analytical and problem-solving skills
  • Ability to balance multiple projects and meet deliverables
  • Commitment to public service
  • Travel up to approximately 10%
  • Eligibility for access to confidential supervisory and/or FOMC information (Protected Individual status) and willingness to undergo background checks and required declarations
  • Compliance with Bank ethics rules regarding securities ownership (may require divestiture)

What the Team is Saying

Federal Reserve Bank of Chicago Compensation & Benefits Highlights

  • Healthcare Strength — Health coverage is described as comprehensive, with multiple medical PPO options, dental and vision plans, and supportive programs like FSAs and an EAP. Feedback suggests the combination of plan choice and wellness resources contributes meaningfully to total compensation.
  • Retirement Support — Retirement offerings include a defined‑benefit pension alongside an employer‑matched 401(k)/Thrift Plan. Feedback suggests this dual structure is a standout element and a key reason overall compensation is viewed favorably.
  • Parental & Family Support — Family‑care benefits include paid parental/family leave, adoption assistance, backup care, and caregiving resources. Feedback suggests these supports add tangible value for employees managing family responsibilities.

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The Company
HQ: Chicago, IL
1,515 Employees
Year Founded: 1914

What We Do

The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks across the United States that, together with the Board of Governors in Washington, D.C., serves as the nation's central bank. The role of the Federal Reserve System, since its establishment by an act of Congress in 1913 , is to foster a strong economy and a stable financial system.

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Federal Reserve Bank of Chicago Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: 4 days a week
HQChicago, IL
Detroit, MI
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