Posted:
10/30/2025, 5:54:32 AM
Location(s):
Newark, New Jersey, United States ⋅ New Jersey, United States
Experience Level(s):
Senior
Field(s):
Finance & Banking
Workplace Type:
On-site
Assists with the oversight of the administration of the Federal Reserve Systems Thrift Plan, Retirement Plan, and Health Care benefit plans. Responsible for participating in the financial and accounting operations of the Bank. Areas of responsibility include preparing, collecting, and interpreting financial information; preparing budgets, reports, forecasts, and statutory returns; conducting financial analyses of proposals, investments, and fund sources; managing the Bank's taxation affairs; managing cost accounting systems and cash flow; controlling treasury and procurement, and ensuring compliance with regulatory standards. This job family also includes positions responsible for accounting administration activities such as accounts payable, accounts receivable, credit, collections, billing, and invoicing.
Key Responsibilities:
Accountable for low/medium complexity Asset Management work including asset allocation studies and product evaluations.
Research and respond to inquiries from external partners, stakeholders, plan participants and Federal Reserve System partners like Finance & Accounting.
Uses data to assist in preparing reports and presentations on each Plan's invested assets.
Identify best practices, perform benchmark analysis and comparisons, and evaluate emerging trends.
Develop presentations and training sessions for Reserve Bank partners.
Lead processes and projects with measurable outcomes.
Education: Bachelor's Degree; MBA Preferred
Experience: Seven + years; extensive experience analyzing institutional investment portfolios or equivalent experience.
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.
Website: https://www.federalreserve.gov/
Headquarter Location: Washington, District of Columbia, United States
Employee Count: 1001-5000
Year Founded: 1913
IPO Status: Private
Industries: Banking ⋅ Finance ⋅ Financial Services ⋅ Sharing Economy