Information and Data Analyst
Federal Reserve Bank of Minneapolis
CompanyFederal Reserve Bank of PhiladelphiaJob Summary:
The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.
The Information and Data Analyst is involved in the full lifecycle of the Bank's data holdings from request, acquisition, discovery, and governance while contributing to the Bank's and the Department's goals and objectives by providing comprehensive, customized information services to Bank researchers and others. This person serves as a data librarian and works closely with the Bank's chief data librarian. Knowledgeable of current holdings and possesses an extensive knowledge of financial, banking, and economic data with the ability to align information with complex research and other needs and is adept at quickly identifying and delivering information resources to Bank personnel. This position requires frequent contact with Bank and System staff at all organizational levels, the public, and service providers. This position reports to the Assistant Vice President of Data Services and Library in Economic Research.
What You Will Do:
- Establishes and maintains relationships with the Bank's economists and researchers; conducts routine interviews to understand the context and objectives of their research and data requests; maintains awareness of current and potential projects, provides personalized and in-depth customized information services matching current resources with needs.
- Provides instruction and demos for data products and services.
- Explores and delivers data products that meet complex needs of economists and researchers.
- Supports projects that generate data such as surveys and digitization initiatives.
- Actively participates in the procurement process for purchasing or renewing data sets.
- Acts as a liaison between the provider and the researcher to ensure the data will meet a specific research project, including reviewing contracts to safeguard how output can be used.
- Collaborates with Legal, Procurement, and IT to acquire and provide access to data resources.
- Seeks alternatives to enhance and/or reduce costs of overall holdings and proactively researches and recommends resources for department/Bank projects.
- Evaluates data sets received with the data requester for quality and relevance.
- Helps maintain data catalog content and guidelines such as for metadata standardization.
- Provides instruction on the use of data and promotes the responsible use of data.
- Provides support for issues relating to access, attribution, usage, storage and sharing for data products.
- Works collaboratively with System colleagues regarding new data products, contracts, and renewals in an effort to bring economies of scale and cost savings to the data acquisition process.
- Represents the Bank on System workgroups to exchange ideas and expertise to provide high quality services to the Bank's researchers.
- Maintains memberships with national data and library related organizations.
- Provides information by using a variety of resources to respond to reference requests on topics covering many disciplines, including banking, economics, and finance; determines priority of requests; uses subject proficiency along with expert knowledge of Library resources an in-depth understanding of the Bank's business to accurately locate needed information.
- Contributes to the planning of data services, including the discovery, use, and management of data, and the coordination of library and information services and activities with other stakeholders.
- May direct the production of the library's daily news alert, ensuring relevance
- Troubleshoots access and news feed problems.
- Assists with the development and maintenance of content for the Library and Data Services web and SharePoint sites.
- May provide interlibrary loan and document services.
- May include the use of specialized web-based tools to acquire, or track borrowed and loaned materials.
- Reads the current literature and recommends publications, electronic data resources, equipment and services, based on knowledge of overall Library and Data Services operations and institutional needs.
- Remains informed of current library, information services, data trends by reading the literature, maintaining professional relationships, and attending related conferences.
- Actively involved in the accomplishment of departmental, Bank-wide, and System-wide quality initiatives by being a team leader or team member.
- Fulfills job duties and responsibilities in conformance with sound safety practices.
- Performs other related duties as assigned.
Scope: Data and other contracts up to and exceeding $500,000.
What You Have:
Education and Experience:
- A Master's degree in Library and Information Science from an ALA (American Library Association) accredited graduate program is required to be achieved or on track to be achieved in near term.
- At least 3 years of relevant professional experience.
- Some experience in a specialized library; subject emphasis in data resources, banking, economics, or business required.
- Any experience in negotiating terms and conditions for data and electronic content is a plus.
Knowledge and Skills:
- Detailed working knowledge of government, banking, finance, and economics reference resources.
- Broad knowledge of data resources with an understanding of how data is used in economic research.
- Expertise in searching electronic databases and data services, such as Factiva, EbscoHost, Haver, LexisNexis, WRDS, and government data providers.
- Knowledge of existing data products in the market.
- Knowledge of major data providers and their products (e.g., S&P, Thomson Reuters).
- Strong PC skills.
- Ability to create, understand, and explain visual representations of data such as graphs and charts.
- Excellent communication and listening skills.
- Curious, creative problem solver.
- Detail oriented with a proven service orientation.
- Ability to speak before groups for the purpose of providing information.
- Ability to plan and coordinate long-term collaborative projects.
- Ability to manage time and set priorities.
- Ability to work independently, as well as part of a team.
- Strong negotiation skills.
Ability to work at a computer for extended periods of time, including for the purpose of locating and retrieving information.
This is a full-time position but part time work will be considered for eligible applicants.
The salary grade for this position is: 13.
We offer a great benefits package that features:
- Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
- 401k/Thrift Plan with generous employer match
- Employer-funded Pension Plan
- Paid Vacation/Sick Time & Holidays
- Monthly $100 Commuter Allowance
- Flexible Spending Accounts and Healthcare Spending Accounts
- Flexible Work Schedule available in most departments
- Life Insurance and Long Term Disability Insurance
- Tuition Reimbursement (undergraduate and graduate)
- Parental Leave
- Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities
- Onsite Cafeteria & Coffee Shop
- Additional Convenience Benefits, Discounts and More…
- The Federal Reserve Bank of Philadelphia believes that diversity, equity and inclusion among our employees is essential to our success as an organization, and we want to recruit, develop and retain the most accomplished people from a diverse candidate pool. To support a workplace culture of belonging, we offer eight employee resource groups (ERGs) and a 100 percent rating on the Human Rights Campaign (HRC) Corporate Equality Index. The Federal Reserve Bank of Philadelphia is proud to be an equal opportunity workplace.
- We have eight employee resource groups (ERGs) to support a diverse workforce. Abilities (supporting disabilities and allies), African Heritage, Asian-Pacific, Freedom (supporting LQBTQ+ and allies), Talent Forward (supporting career growth), Women United, Working Families and Veterans. ERGs are open to all employees.
- We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment.
- All Federal Reserve Bank of Philadelphia 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 officer if necessary. You should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
- Background investigations and drug testing are required for all new hires as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be screened for the presence of marijuana. Employment may not begin until the Bank accepts the results of the background investigation.
- All employees 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.
- 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 permanent residents must sign a declaration of intent to become a U.S. citizen when eligible to do so and pursue a path to citizenship. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a permanent resident and a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo an applicable background check and comply with all applicable information handling rules. Certain eligibility rules apply. You will provide work authorization to prove their eligibility to work in the United States.
- The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
- This is not a 100% remote opportunity. You will be available to work on-site in at least a hybrid capacity.
- Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.
Full Time / Part TimeFull time
Regular / TemporaryRegular
Job Exempt (Yes / No)Yes
Work ShiftFirst (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.