Federal Reserve Bank

FedNow Operations Center Senior Analyst - 3rd Shift

Federal Reserve Bank$90K — $136K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree with 5+ years relevant work experience or 10+ years relevant work experience
  • Experience in 24/7 support operations for large enterprises
  • Strong analytical and problem-solving abilities
  • Proven ability to articulate complex technical concepts clearly
  • Organized, detail-oriented, and capable of multitasking in demanding environments
  • Demonstrated initiative and innovation to improve customer experience

Responsibilities

  • Develop deep expertise in the FedNow Service and its updates
  • Train, mentor, and supervise performance of Analysts
  • Ensure exceptional end-to-end customer experiences
  • Facilitate troubleshooting sessions for production issues
  • Fulfill escalated service requests from Level 1 support
  • Create and maintain comprehensive documentation for processes and procedures
  • Collaborate with teams to assess functional needs and recommend solutions

Benefits

  • Health, dental, and vision insurance
  • Retirement savings plan with employer match
  • Paid time off and holidays
  • Professional development opportunities
  • Flexible work environment
Full Job Description
This is a 3rd shift role (12am – 9am EST), Wednesday through Sunday. The FNOC Sr. Analyst will perform critical operational activities including monitoring, working with partner stakeholder teams to mitigate risks, support participant onboarding, and execute ongoing operational tasks for the FedNow Service. Heavy emphasis will be focused on identifying opportunities to improve operational efficiency via process standardization and automation. Provide expert guidance and technical support to clients and internal teams on all FedNow-related issues. The Senior Analyst will demonstrate their subject matter expertise by acting as an escalation point to our Level 1 customer support team while fulfilling customer requests. What will be expected of you – • Develop deep expertise of the FedNow Service & stay up to date on all the latest releases and development • Interview, develop, train, mentor and provide performance feedback for Analysts • Laser focus on a world class, end-to-end customer experience • Facilitate high pressure troubleshooting calls for Production issues • Need to be able to articulate complex technical concepts in a clear and accessible manner • Fulfill all Service Requests escalated from Level 1 (L1) support • Develop and maintain comprehensive documentation for knowledge and procedures • Collaborate with cross-functional teams to assess functional needs, identify vulnerabilities, and recommend appropriate solutions • Develop knowledge documentation, conduct training, and brainstorm automation ideas to support improving the customer experience via Shift Left of work to L1 • Flexibility to support a growing organization through multiple roles • Monitor customer success metrics and KPIs • Support the customer through FedNow functionality updates • Support the customer onboarding process for new FedNow customers • Independently identifying gaps and proactively creating solutions Expertise you would bring – • Bachelor’s degree with 5+ years relevant work experience; or 10+ years relevant work experience • Experience working within 24*7 support operations for a large enterprise • Ability to work in a demanding environment and handle multiple competing priorities • Strong analytical and problem-solving skills with demonstrated ability to quickly gather, analyze and synthesize information • Initiative and innovation toward improving customer experience • Organized and detail-oriented with a love for creating order out of chaos • Motivated, energetic, adaptable with Intellectual curiosity paired with a high growth-mindset Additional responsibilities - • Provide feedback in the hiring process of new team members • Provide performance feedback for team members • Perform daily backend operational activities for billing, accounting and reconciliation • Work on frequent internal risk and compliance inquiries for internal audits • Perform verifications, onboarding and maintenance of participant profiles • Execute internal backend tasks for bank mergers and account closures related to the FedNow service • Consult on and perform reviews for publicly available Federal Reserve documentation • Adopt a continuous improvement mindset by identifying and providing feedback on efficiency opportunities It's added value if you have- • Familiarity with ISO20022 messages • ITIL certification Experience: • Bachelor's Degree or 4 years equivalent experience; bachelor’s degree preferred Education: • Bachelor’s degree with 5+ years relevant work experience; or 10+ years relevant work experience Compensation: The salary range for this position is $90,900 - $113,600 - $136,300. The Boston Fed believes in salary transparency. The final salary and offer will be determined by the applicant’s background, skills, internal equity, and alignment with market data. Whether you’re developing into the job or are a more seasoned candidate, we aim to pay competitively. If you reside outside of the 1st District, you may be hired by your local Federal Reserve District and compensation will follow hiring District's range and policy. The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills 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. For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks. The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers. All applicants must have resided in the United States for at least three (3) years Full Time / Part TimeFull time Regular / TemporaryRegular Job Exempt (Yes / No)Yes Job CategoryOperations Family Group Work ShiftThird (United States of America)

About Federal Reserve Bank

Industry
Founded
1913

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