Capital Markets Trading Associate

About the role

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.

Responsibilities

• 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
• Absorb responsibility over time as a Markets Group specialist with analytical and operational responsibilities across specific markets segments

Requirements

• 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
• 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

Qualifications

• Open to applicants for NYC and Chicago—Chicago preferred

Skills

• 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
• 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

Benefits

• Salary Range: $110,000- $140,000 / year
• Our programs and benefits are designed to support you through all your life stages
• 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.

Pay

• Salary Range: $110,000- $140,000 / year

Schedule

• Full Time