Senior Data Engineer, Supervision and Regulation

Company

Federal Reserve Bank of Chicago

Job Overview:
The Senior Data Engineer innovates, evaluates, and enhances data solutions enabling seamless delivery of data and analytical products to constituents of the Wholesale Credit Risk Center. This position is responsible for operating the collection, parsing, managing, and analysis of large sets of wholesale and financial data for Federal Reserve wholesale credit efforts and critically influencing partner initiatives. This role maintains, designs, and develops data pipelines (data ingestion and ETL processes) that are relevant to changing demands, repeatable, and aligned with data user needs. This individual will be part of a team that is responsible for coordinating and maintaining critically used licensed and regulatory wholesale credit data on behalf of the Federal Reserve System, including management of the Wholesale Credit Risk Center’s data mart and related infrastructure. The team creates and maintains wholesale credit analytics to support analytics and supervisory stress testing to directly impact supervision and participates on supervisory assessments of risk management and modeling performed by financial institutions. The level of work required is advanced and staff must be able to work under minimal supervision. This job does not have any direct reports but may be assigned technical resources on projects when appropriate that would need direction. This job requires the ability to advocate for and upskill colleagues in technical processes.

Department Overview:
Supervision and Regulation plays a critical role in the Bank's core mission, supervising and regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies and financial holding companies. Our duty is to foster the stability, integrity and efficiency of the nation's monetary, financial and payment systems to promote optimal economic performance.

Wholesale Credit Risk Center Overview:
FRB Chicago’s Wholesale Credit Risk Center (WCRC) serves as the Federal Reserve System’s leading provider of wholesale credit expertise. The WCRC maintains the Federal Reserve System’s largest collection of wholesale credit data for the Federal Reserve System and the related infrastructure. While physically located in Chicago, the WCRC provides support nationally for corporate and commercial real estate analytics to monitor credit conditions and inform supervisory teams and senior management on risk levels and emerging trends across industry, market, and supervisory information. In addition, the group directly performs/influences wholesale credit supervisory work at the nation’s largest banks, develops and maintains wholesale credit expected loss models for Dodd Frank Act capital stress testing efforts.

Your Responsibilities:

• Leads creation of the data management strategies to support business intelligence efforts for partners across the Federal Reserve System
• Oversees data architecture to ensure alignment to business line strategy
• Researches, analyzes, designs, and proposes IT solutions that are appropriate for the business needs
• Leads initial strategy and planning phases of initiatives and ensures related business deliverables are communicated clearly and delivered on time
• Works hands on and oversees proof of concepts (POC) tasks to prove out technologies, develop solutions to meet related goals, and guide the associated implementation to ensure success
• Provide technology and/or data thought leadership on deployed data applications and analytical models to credit analysts and other data consumers
• Leads development of real-time and batch ETL data processes and ensures related developments are aligned with business needs
• Manages and augments the data pipeline from raw databases to data solution structures
• Creates and reviews documentation of data flow diagrams, security access, data quality and data availability across all business systems

Your Background:

• Bachelor's Degree in Computer Science or other related field or equivalent work experience
• 5 or more years of related experience
• Advanced knowledge of relational databases and SQL
• Strong knowledge of data warehouse technical architectures and ETL/ELT processes
• Strong knowledge of Git and CI/CD
• Strong knowledge of scripting languages
• Strong knowledge of automation methods
• Strong knowledge and proven understanding of data tools and software
• Basic knowledge of software design patterns
• Basic experience with object orientation and compiled languages such as C#
• Understanding of serverless architectures, containers, and modern application development practices
• Must have the ability to proactively lead initiatives, set priorities, prepare proposals and compile technical documentation with minimal guidance
• Ability to quickly learn, understand, and work with new technologies and solutions in the Cloud technology space
• Familiarity with requirements gathering and project management
• Experience using structured and unstructured data
• Ability to innovate within a strong controls and compliance organization
• Demonstrates strong written and verbal communication skills and especially the ability to communicate complex concepts and/or initiatives in a widely understandable manner
• Advanced interpersonal skills to build and maintain strong relationships across variety of individuals and skillsets

What we offer:

• Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, and transit benefit.
• A continuous learning environment with opportunities to gain new skills and grow your career.
• A wide range of Diversity, Equity, and Inclusion community groups as well as active employee resource groups and mentorship programs.
• Onsite gym and subsidized cafeteria.

Location:

This is a hybrid role. Your presence will be expected at one of the 7th District offices—Chicago, Des Moines or Detroit.

Other Requirements:

• Ability and willingness to travel up to 10%.
• 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. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship.
• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
• This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.

             

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Information Technology

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

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