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Senior Risk Analyst, Mergers and Acquisitions

Posted Dec 23
Full Time
Boston, Massachusetts

All applicants must be a US Citizen or a permanent resident who also resided in the United States for at least the last three (3) years.

This job is based in the Boston office on a hybrid schedule with 50% onsite work expected. The individual is expected to reside in the Boston District.

To be considered the candidate should be someone in the banking sector with extensive M &A experience, but we are also open to someone from the Big 4 that has done extensive M&A work.

Senior Risk Analyst, Mergers and Acquisitions As part of the Central Bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation. We contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.

The Applications Unit in the Supervision, Regulation, and Credit Department (SRC) of the Federal Reserve Bank of Boston has an opening for a Senior Risk Analyst II to analyze various applications filed by First District banks, bank holding companies and savings and loan holding companies. We are looking for someone that not only has experience with deals but with the development of deals as well.

In analyzing such proposals, analysts assess the financial condition and managerial resources of the applicant, the competitive, regulatory and legal implications of the proposed transaction and the convenience and needs of the communities to be served. The unit will consider candidates with a wide-range of regulatory and legal review experience, from the legal, banking, regulatory and financial sector.

Principal Accountabilities

  • Conduct regulatory, legal and financial analyses of financial institutions in the First District. Research and propose resolutions to associated legal, regulatory and supervisory issues identified in connection with applications, notices, requests for determinations and other filings submitted by these institutions.
  • Document analyses relative to regulatory filings and research in support of new or proposed policies and/or procedures in well-developed written work products and present findings clearly and succinctly to peers, executives and external audiences.
  • Lead the communications with internal Reserve Bank management and legal staff, Board staff, and external senior management or legal counsel of the applicants.
  • Develop and maintain advanced understanding of current laws/regulations, risk management practices, industry/economic trends and the responsibilities of other SRC units through continued formal and on-the-job learning and by providing direct analytical support to other functions as needed.
  • Contribute to the achievement of department strategic objectives by leading or participating in special Department or System level projects.

Knowledge and Experience:

  • Analytical experience that is comfortable with a multitude of data sources and trends, including regulatory and legal.
  • Experience with M&A deals and the development of deals.
  • At a bare minimum this person should have experience with analyzing balance sheets/income statements and bank financials.
  • Familiarity with banking laws, regulations, policies, and procedures would also be preferable as applicants would be expected to support the applications function by providing interpretation and guidance in matters concerning the Bank Holding Company Act, Federal Reserve Act, Change in Bank Control Act, Homeowners Loan Act, Regulations H, K & Y, and other related laws and regulations.
  • Experience with and/or knowledge of banking mergers is required.
  • Demonstrates sound interpersonal skills, including political savvy, understanding the motivation and needs of others, remaining composed under pressure and negotiating within established parameters.
  • Ability to switch between actively participating in team-based work and has the diligence and self-motivation to work independently following sufficient training.
  • Possesses the ability to perform well on projects that have time-bound elements with a variety of stakeholders; exhibits sound time management, critical thinking and organizational skills.

Education and Experience Knowledge and experience in M&A acquired through, or the business equivalent of, the completion of a Master's or JD degree plus a minimum of 4 years of job-related experience.

The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

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.

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 been a US Citizen or a permanent resident who also resided in the United States for at least three (3) years.

All employees assigned to this position 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. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.

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 discretio n at any time.