Capital Markets Trading Assoc Analyst

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

New York, NY, USA
Posted on Friday, August 11, 2023


Federal Reserve Bank of New YorkWorking at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do:

The Markets Group at the Federal Reserve Bank of New York consists of multiple teams that fulfill a range of responsibilities, from planning and executing open market operations, monitoring, and analyzing financial market developments, to managing foreign customer accounts.

Through its analytical and operational areas, the Markets Group:

  • Manages the size and composition of the Federal Reserve System's balance sheet consistent with the directives and the authorization of the Federal Open Market Committee (FOMC)

  • Monitors and analyzes financial market developments for key stakeholders and policymakers within the Federal Reserve System

  • Monitors and analyzes developments related to financial stability

  • Supports debt issuance and debt management on behalf of the U.S. Treasury

  • Provides foreign exchange services to the U.S. Treasury

  • Provides account services to foreign central banks, international agencies, and U.S. government agencies.

The Markets Group hosts an entry-level rotational analyst program designed to offer a hands-on learning experience through the completion of three, one-year long rotations. On each rotation, rotational analysts (RAs) will gain exposure to the core operational and analytical activities of the directorate, while gaining a deeper understanding of the directorate’s work and how it contributes to the larger goals of the Markets Group.

As an RA, you may complete a rotation on any of the following directorates: Cross-Market Monitoring and Analysis, International Markets, Money Markets, Treasury Markets, or Treasury Debt Financing. You will report directly to the Rotational Analyst Program Lead and the Associate Director on your rotation and receive mentorship from an Associate on your team. The Markets RA Program is a maximum of three years in length, but RAs that demonstrate strong performance will have the opportunity to apply for a permanent position in the Markets Group/Bank following the completion of two years in the program.

Your role as a Rotational Analyst:

  • Assist in the execution of the Group’s funds, securities, trading and settlement activities, including the preparation and maintenance of preliminary internal reports, data entry of operations results, discrepancy follow-up and resolution, and testing the implementation of new products

  • Source, manipulate, and visually represent data (i.e. charts, dashboards, graphs) and prepare other supporting documentation to be used in the research and market analysis conducted by the Group

  • Perform preliminary research relating to market monitoring or market issues

  • Develop, maintain, and refine efficient procedures for the data preparation cycles

What we are looking for:

Essential Criteria

  • Demonstrated data analysis and data management experience, including proficiency in Excel

  • Experience creating data visualizations (e.g. charts, dashboards) in Excel and/or Tableau

  • Ability to work productively in a high-performance team atmosphere and as an independent contributor

  • Academic exposure, experience, or interest in financial markets, US monetary policy, and monetary policy implementation

  • Self-direction with the ability to manage multiple projects, take initiative and solve problems

Desirable Criteria

  • Experience with SQL and/or Python is a plus

  • Evidence of a desire to continually learn and improve skillsets

Salary: 72500 / year

Touchstone Behaviors set clear expectations for leading with impact at every stage of our careers and aspire to achieve in our continued growth and development.
Communicate Authentically: Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively: Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress: Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others: Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership: Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.


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

  • And more

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

Position requires access to Federal Open Market Committee Data, 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, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


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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