• Federal Reserve Bank
  • $89,860.00 -136,150.00/year*
  • Chicago, IL
  • Financial Services - Banking/Investment/Finance
  • Full-Time
  • 3251 S Western Blvd

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*Job Summary*
The Business Operations job family focuses on executing the business and operational strategies of S&R by interacting with internal stakeholders across all divisions. In addition, the group provides leadership and support for key System initiatives.
Members of the Business Operations job family have broad knowledge of multiple disciplines and manage projects related to business and operational analytics and reporting, quality management and operational controls. Additionally, team members deliver products and services to create efficiencies and improve business processes.
Specialization areas within Business Operations include:
* Business Planning, Reporting and Analytics
* Business Process Improvement
* Financial Management
* Quality Management
* Talent Management, Processes and Analytics
The Senior Business Operations Analyst acts as a knowledge resource, business partner, and project manager for designated area of expertise. The Senior Business Operations Analyst provides complex analysis to a broad spectrum of stakeholders to create efficiencies, and execute and improve business operations of the Department. The individual identifies trends, performs research, prepares written proposals and presents recommendations to department staff and management.
The level of work is generally considered advanced and staff must be able to work under minimal supervision. This position has no direct reports.
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*Principal Duties and Responsibilities*
* Acts as a knowledge resource and business partner of assigned area
* Leads complex projects; independently develops project plans, timelines and milestones for complex projects
* Draws on professional experiences to develop, maintain, collect and distribute key materials such as project plans, tracking spreadsheets, metrics and/or documentation
* Derives sound analysis of complex topics, conducts thorough and accurate work, supports findings and conclusions, makes recommendations and decisions, and follows-up, as appropriate
* Generates ideas for process improvement initiatives and participates in control activities that establish, maintain and validate standards for the functional area
* Draws on professional experiences and expertise to determine best practices and makes recommendations to improve current business practices; participates in efforts to make changes in business practices
* Prepares and presents both orally and in written form, conclusions and recommendations concerning complex matters to internal and external stakeholders
* Builds and maintains strategic work relationships and networks with both internal and external stakeholders, such as other Reserve Banks and the Board of Governors
* Serves as a mentor and/or coach; provides guidance, training and constructive feedback to all levels of staff
* Performs other duties as assigned
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*Education and Experience*
* Bachelor's degree in Business or equivalent experience.
* Five plus years of direct work-related experience
*Knowledge and Skills*
* Possesses the ability to understand risk focused supervision and processes
* Demonstrates advanced analytical and problem solving skills
* Demonstrates independent and critical thinking and decision making abilities as well as have strong written and oral communication abilities
* Ability to provide guidance and constructive feedback to less experienced staff and peers
* Possesses strong teamwork skills and the ability to build and work collaboratively within and across work teams
* Demonstrates the ability to effectively lead a team without authority and to resolve moderately complex to complex issues
* Demonstrates the ability to manage time and projects effectively by adjusting quickly to new and different priorities
* Possesses a strong proficiency in Microsoft Office products
* Possesses general business acumen
*Other Requirements and Physical Requirements*
* As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Banks 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 requires access to confidential supervisory information, which is limited to \"Protected Individuals\" as defined by regulation of the Board of Governors of the Federal Reserve System. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.
* Ability and willingness to travel
This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.
**Organization:** **Federal Reserve Bank of Chicago*
**Title:** *Senior Business Operations Analyst/ Senior Technical Business Analyst*
**Location:** *IL-Chicago*
**Requisition ID:** *259832*
Associated topics: analysis, analyst, bi, business analyst, consult, inspect, investment fund, legal, refine, valuation analyst

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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