Jobs Companies Federal Reserve System Risk Analyst

About this Risk Analyst role at Federal Reserve System

Federal Reserve System · Onsite · Kansas City, MO

Company

Federal Reserve Bank of Kansas City

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and driven team for our future. The Risk Analyst will have responsibility for supporting the processes and operations of the Enterprise Risk Management team.

Key Activities

  •  Serves as a “consultant” to management by completing projects and preparing recommendations for improving current practices or implementing new programs and process within the Risk function.  

  • Works on assignments that range from quantitative analytical projects and qualitative analysis in support of programming.

  • Leads ad hoc qualitative analysis such as supporting the research, recommendations and implementation of new products and services and developing and updating policies and procedures.  

  • Analyze and evaluate risks affecting the organization’s operations, performance, and strategic objectives.

  • Collaborate with cross-functional teams to identify emerging risks and recommend mitigation strategies.

  • Track risk indicators consistently and communicate findings to leadership, stakeholders, and relevant parties.

  • Develop comprehensive risk reports and deliver presentations tailored for both internal and System stakeholders. 

  • Stay current with industry best practices, regulatory requirements, and evolving trends in enterprise risk management.

  • Lead risk awareness training sessions and facilitate workshops to promote a strong culture of risk understanding throughout the organization.

Qualifications

  • Typically requires at least 3 years of relevant experience. A background in risk, compliance or audit are preferred.

  • Bachelor’s degree from an accredited college or university, or equivalent combination of directly related education and/or experience.

  • Strong organization skills and relationship building are preferred.

Additional Information: 

How We Work:

  • Onsite, full time (with 5 days per month remote work flexibility) Optional 

  • Location(s): Kansas City 

  • Remote Only Eligible: No 

Salary

  • $64,000 -$82,8000 / Analyst Experienced level

  • $71,100-$92,000 / Analyst Senior level

  • Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location. 

Screening Requirements: Certain eligibility requirements apply. 

Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. (Required unless sponsorship approved)

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Operations Family Group

Work Shift

First (United States of America)

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.

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How this Risk Analyst salary compares

This role pays $73,400/yrbelow the typical range for Risk Analyst roles.

$75,370 median $127,605 $195,000

Typical range $95,500–$161,250/yr, from 672 comparable Risk Analyst listings on JobsRadar (pay annualized to USD). See Risk Analyst salary insights →

About Federal Reserve System

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exch

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