Policy and Market Analysis Associate Director

Company

Federal Reserve Bank of New York

When you work at the New York Fed, you have the opportunity to make an impact in our communities and across the nation. Our mission-driven, curious, and dedicated colleagues apply their diverse perspectives and unique talents to support the strength of the U.S. economy and stability of the global financial system. At the Bank, we work full-time onsite with our teams. We believe being physically together allows us to draw on our collective strengths, while recognizing that the ability to work flexibly from time to time remains important to achieving our mission.

Our Unique Work:

The Markets Group at the Federal Reserve Bank of New York (FRBNY) implements monetary policy on behalf of the Federal Reserve System, provides payments and custody services to foreign central banks, acts as a fiscal agent for the U.S. Treasury Department, and conducts monitoring and analysis of financial market developments in support of the Federal Reserve's policy objectives. The Group is seeking an Associate Director for the Policy Expectations and Survey (PES) team. PES leads the coverage of U.S. monetary policy expectations and manages all aspects of the Desk's Survey of Market Expectations in support of the monetary policy and financial stability decision-making process. The Associate Director plays a critical role leading the team, engaging with the SOMA manager, Research, and Board leadership, interacting with external survey respondents, and assuming accountability for the team's operations.

How You'll Make an Impact as a Policy and Market Analysis Associate Director:

• Manage a team of high-performing analysts within the Policy Expectations and Surveys team. Actively support and develop the team and talent consistent with the Bank's mission, vision and values

• Provide strategic direction, oversight and expertise to the design, execution, analysis, and reporting of the Survey of Market Expectations

• Engage with - and brief - senior stakeholders in the Markets Group, the Board of Governors and FOMC by providing insights and strategic perspectives related to monetary policy expectations and the surveys, to help inform policy

• Lead the systematic tracking of U.S. monetary policy expectations through market commentary, market participant outreach, and external surveys

• Provide thought leadership and interest rates market expertise in collaboration with stakeholders and senior colleagues across the System to produce policy relevant deliverables

• Build and maintain relationships with external market participants involved with short term interest rate markets, including both cash and derivative markets

• Oversee the development and implementation of models to extract measures of U.S. monetary policy expectations embedded in financial asset prices

• Establish and oversee the staff's analytical agenda and ensure that the analytical output consistently meets the highest standards of quality

• Foster effective risk management with respect to the policy surveys by setting an appropriate tone for staff and ensuring proactive escalation and remediation of risk issues

• Lead strategic initiatives on the staff, including overseeing - and providing feedback to - staff reviewing the survey respondent population, making technological enhancements, and establishing more formal data sharing rules and guidelines

The Unique Skill Sets We're Looking For:

• Demonstrated ability to manage staff and lead complex projects, with a proven track record of delivering high-quality results under tight deadlines

• Excellent written and verbal communication skills, including the ability to effectively convey complex ideas in a concise, articulate, and insightful manner

• Excellent analytical skills, including strong survey and data analysis skills and familiarity with advanced quantitative analytical packages

• Risk management and process oversight experience

• Effective interpersonal, coordination, and diplomatic skills, including the ability to develop and maintain a broad range of internal and external contacts, and a proven ability to coordinate and oversee the execution of analysis across business areas to achieve results

• Strong self-management skills, as evidenced by an ability to take initiative and ownership of assignments, effectively prioritize assignments, and produce results under tight time constraints

• Prior staff management experience and familiarity with U.S. monetary policy expectations preferred

• Excited by the prospect of working at the intersection of financial markets and public policy

• Commitment to the highest ethical standards and excellence in public service

Applicants are kindly requested to include a letter of interest along with their application.

Application deadline is April 10, 2026 at 5pm ET.

Other Things to Know:

Salary Range:

New York: $215400 - $325000 / year

Chicago: $189600 - $286000 / year

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you're stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

How We'll Support You:

Our programs and benefits ( are designed to support you through all your life stages:

• Learning & Growing: Educational assistance, career development tools, and stretch opportunities

• Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more

• Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center

• Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program

Our Culture is deeply grounded in our Touchstone Behaviors - By working with us, you'll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more. (

Apply now if you're ready to join us in strengthening the U.S. economy together. Want to consider our other opportunities? Click here ( to see all our open roles.

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. (

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of "protected individual" under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we'll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Data Analytics Family Group

Work Shift

First (United States of America)

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