Artificial Intelligence Policy Analyst, Emerging Issues - Division of Supervision and Regulation - Federal Reserve System

Job Description - Artificial Intelligence Policy Analyst, Emerging Issues - Division of Supervision and Regulation (R025014)

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Primary Location

DC-Washington

Employee Status

Regular

Overtime Status

Exempt

Job Type

Standard

Relocation Provided: Yes

Compensation Grade Low: FR PAY GRADE 26

Compensation Grade High: FR PAY GRADE 27

Minimum Salary: $127,300.00

Maximum Salary: $238,900.00

Posting Date

Jan 14, 2025

Position Description

Minimum Education
Bachelor's degree or equivalent experience.

Minimum Experience
5 years.

Summary
The Artificial Intelligence Policy Analyst performs analyses, special studies, projects, and policy development related to the broad trends, developments, adoption, and application of Artificial Intelligence (AI) and Machine Learning (ML) by financial institutions. AI Policy Analyst collaborate with cross-functional teams, aligning with organizational goals and regulatory requirements, to contribute to written and oral reports designed to keep the Board, Division Management, and the Division Oversight Committee informed of rapidly evolving trends, risks, and issues pertaining to AI and ML in the banking system.

Duties and Responsibilities

• Participate in strategic initiatives relative to domestic and international policy, including coordinating, implementing, and communicating policy products.
• Interpret and/or implement policy, regulation, and/or guidance policy recommendations supported by logical reasoning and sound analysis.
• Analyze industry information, propose solutions, and translate technical information for a non-technical audience.
• Demonstrate agility, critical thinking, and analytical judgment as a participant in Federal Reserve Board policy activities and serve as a system point of contact for policy matters related to AI and ML.
• Leverage strong written and verbal communication skills to lead multiple projects with oversight.
• Exhibit strong teamwork when partnering with diverse stakeholders to generate consensus on complex problems.

Qualifications

FR-26: A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 5 years of related experience, or a master’s degree in a related field and 4 years of related experience.

FR-27: A bachelor’s degree in finance, accounting, business administration, public policy, economics, or another related field and a minimum of 6 years of related experience, or a master’s degree in a related field and 5 years of related experience.

Remarks

The selected candidate will be part of the Emerging Issues section responsible for expanding the division’s knowledge and understanding of AI/ML to ensure our positions keep pace with the use of AI in the banking system. The section promotes a financial system ready to tackle emerging issues, trends, and developments by safeguarding systems and critical financial infrastructure. Familiarity with existing policy pertaining to third-party risk management (TPRM), model risk management (MRM), and information security risk in the financial services sector is preferred.

Additional Notes

• A writing sample assessment exercise will be part of the application process.
• Travel up to 20%.
• This position is located in Washington DC and requires an on-site presence of 4 days per month and as business needs require. Relocation assistance is available.

Equal Opportunity Employer

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services.