Product Analyst

The Federal Reserve

Confirmed live today High trust

Quick summary

Work type
On-site
Location
New York, NY
Salary
$80,000–$110,000 / yr
Employment
Full-time
Posted
6 days ago
Freshness
Confirmed live today

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $149k
This role $95k
$68k $195k
below market most similar roles pay here above market

This role pays less than 91% of similar roles. Most pay $116,483–$182,405 — the blue band above. At the midpoint, this role pays about $95k versus about $149k for comparable roles.

Based on 240 similar postings.

Employer

About The Federal Reserve

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 currently has 33 open roles on FindRole.

Listed pay typically runs $113,250–$158,300 across 12 roles with salary data.

Most-posted roles

View all roles at The Federal Reserve

At a glance

TL;DR · Product Analyst

The Product Analyst joins the Product, Strategy & Support team within the Markets Group to support the Markets Transformation program. This role involves supporting an agile product team throughout the lifecycle of products in the Post Trade & Custody space. Key responsibilities include performing industry, business, and technical analysis, contributing to product roadmaps, defining feature requirements and user stories, and coordinating user feedback sessions. The analyst will also design and execute UAT scripts, monitor operational KPIs, and drive feature adoption. Required skills include product analyst experience in financial services, advanced Excel proficiency, SQL for data validation, and practical use of AI tools. The role addresses the technical challenge of evolving trading and foreign customer banking technology to support monetary policy implementation and global financial stability.

What you'll do

  • Define feature requirements, user stories, prioritization, and sequencing for Post Trade & Custody products.
  • Contribute to product vision, roadmaps, and measurable outcomes for the Markets Transformation program.
  • Design and execute user acceptance testing (UAT) approaches and scripts through deployment.
  • Develop messaging and communication artifacts regarding product strategy and delivery progress for stakeholders.
  • Coordinate with architecture, vendors, and business users to support legacy product retirement and interim states.
  • Drive product adoption by providing training, onboarding, and ongoing usage guidance to users.
  • Monitor and communicate product-specific operational KPIs to surface insights for continuous improvement.
  • Perform industry, business, and technical analysis to support agile product teams throughout the lifecycle.

What we're looking for

  • Product analyst experience with exposure to product ownership in financial services, including core transactional systems.
  • Proven ability delivering in high-profile, complex stakeholder landscapes.
  • Advanced proficiency in Excel, including pivot tables, formulas, and data analysis.
  • Ability to write and interpret SQL queries for data analysis and validation.
  • Practical use of AI tools to improve efficiency and outcomes.
  • Skilled at gathering requirements and documenting business processes within Agile frameworks.
  • Experience planning, coordinating, and executing user acceptance testing (UAT).
  • Must be a U.S. citizen, lawful permanent resident, "protected individual," or certain nonimmigrants authorized to access CSI and FOMC information.

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