Federal Reserve Bank

Capital Markets Trading Assoc -CMM (CHICAGO)

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial analysis or a related field
  • Strong knowledge of financial instruments and macroeconomic theory
  • Proficiency in quantitative and analytical skills with a proven track record
  • Experience working in high-performance teams and autonomously
  • Strong ability to communicate insights through written summaries and presentations
  • Familiarity with market structures and financial disclosure requirements
  • Prior coursework in economics, finance, or public policy is preferred

Responsibilities

  • Monitor and report on global financial market developments
  • Analyze intra-day and long-term asset price movements
  • Interface with market participants for context on asset price changes
  • Integrate various insights to identify themes impacting monetary policy
  • Prepare written analyses and present verbal briefings on market trends
  • Assume specialist responsibilities over time in specific market segments

Benefits

  • Educational assistance and career development opportunities
  • Parental leave and adoption assistance
  • Access to comprehensive health insurance and wellness resources
  • Pension plan and 401(k) with generous matching
  • Subsidized public transportation program
Full Job Description
How You'll Make an Impact as a Rotational Analyst (Chicago):
  • As a Capital Markets Trading Associate you will monitor, analyze and report to policy makers on global financial market developments:
  • Track intra-day and longer-term global asset price movements;
  • Interface with market participants to obtain context for asset price movements;
  • Integrate insights from analysis of price action, outreach to market contacts, and coverage of global developments to identify themes relevant to monetary policy and financial stability;
  • Prepare detailed written analysis and present verbal briefings on financial market developments;
  • Assume responsibility over time as a Markets Group specialist with analytical and operational responsibilities across specific markets segments


The Unique Skill Sets We're Looking For:

  • Knowledge of financial instruments and financial market structure, macroeconomic theory and monetary policy
  • Ability to combine intelligence gathered from multiple sources and with available data to produce well-written summaries and presentations to a wide range of audiences
  • Ability to analyze complex market issues, make sound decisions and respond in time-sensitive situations
  • A successful track-record demonstrating quantitative and advanced analytical skills in the workplace
  • Professional experience working productively in a high-performance team atmosphere and as an independent analyst
  • Prior advanced coursework in economics, finance, public policy or a related field
  • Ability to perform periodic early-morning analytical coverage
  • Ability to adhere to area-specific financial disclosure requirements
  • Experience with Bloomberg, SQL and/or Python is a plus
  • Evidence of a desire to continually learn and improve skillsets


Both resume and unofficial transcript are required to be submitted as part of our application to be considered for this role

Other Things to Know:

Salary: $116,000

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you're stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

Please note that the 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 may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.

How We'll Support You:

Our programs and benefits are designed to support you through all your life stages:
  • Learning & Growing: Educational assistance, career development tools, and stretch opportunities
  • Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more
  • Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center
  • Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program


Our culture is deeply grounded in our Touchstone Behaviors. By working with us, you'll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success, and set clear expectations for leading with impact at every stage of your career. Learn more.

Apply now if you're ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here to see all our open roles.

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.

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
Regular

Job Exempt (Yes / No)
Yes

Job Category
Markets Family Group

Work Shift
First (United States of America)

About Federal Reserve Bank

Industry
Founded
1913

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