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Federal Reserve System Business Analyst in Richmond, Virginia


Federal Reserve Bank of Richmond

At the Richmond Fed, we’re driven by our mission to strengthen the economy and our communities. We take great pride in what we do and it impacts everyday people every day.

When you join our team, you’ll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better.

Bring your passion and we’ll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth. It’s all part of what makes #MyRichmondFed a great place to work!

About the Opportunity

The National Procurement Office is looking for strong Business Analysts to help drive our System Strategic goals for the Federal Reservice System These Analyst work to provide support to the 15 Procurement offices across the System to, supporting end users within the business process executions within SAP Ariba to include but not limited to enable system catalogs, ensure catalog data accuracy, enabling new suppliers, reviewing of new product induction and product replacement for entries which have reached the end of their life-cycle. Daily, you will analyze large amounts of data, discover and solve problems and build metrics and business cases around key programs.

What You Will Do:

  • Maintain the quality and consistency of critical procurement data.

  • Support the development of a cohesive enterprise-wide procurement master data management strategy.

  • Maintain, analyze and update master data management processes for materials, vendors, catalogs etc.

  • Monitor and report the quality of procurement master data. Lead and support data quality and strategy initiatives.

  • Evaluate, manage, and resolve issues and risks to ensure data security and business alignment.

  • Consult with Center of Excellence and other procurement teams regarding visual design, data, tools capability and reporting solutions.

  • Work with suppliers for uploading, maintenance, management of and changes to supplier catalogs as directed by Category Managers.

  • Assist in providing data for supplier, market and category spend analysis.

  • Be the voice of the customer and articulate their needs.

  • Ensure that the right information is delivered to the right audience at the right time.

  • Clearly articulate feature scope, timeline, owners, risks, and the steps being taken to mitigate those risk

  • Accelerate progress by driving crisp and timely decisions, clearing blockers and by escalating appropriately.

  • Articulate customer pain points from a technical perspective and determine if the right Key Performance Indicators (KPIs) are in place and, if not, work to define them.

  • Retrieve and analyze data using Excel, Oracle Agile and other data management systems.

  • Monitor existent metrics, analyzing data and partnering with internal teams to identify process and system improvement opportunities.

  • Design and implement reporting solutions to enable stakeholders to manage the business and make effective decisions.

  • Support cross-functional teams on the day-to-day execution of the existent program implementation.


  • Bachelor's degree in Business, Engineering, Statistics, Computer Science or Mathematics or equivalent experience

  • Proven Strong analytical skills

  • Minimum 3 years of experience in a similar role

  • Experience with Excel, SQL, Perl or other scripting languages

  • Experience with Network Infrastructure components

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

  • Great medical benefits

  • Pension and 401(k) with employer match

  • Paid time off

  • Tuition reimbursement

  • Employee resource networks

  • Paid volunteer leave

  • Flexible work options

  • Onsite amenities that make working here fun

Other Requirements and Considerations:

  • A requirement of this position is that the employee must be fully vaccinated against COVID-19; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.

  • Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions. The Code is available on the About Us, Careers webpage at www.richmondfed.org .

  • Sponsorship is not available for this role.

  • Selected candidate is subject to special background check procedures.

  • Job title and salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications/experience.

  • Applications are reviewed on a rolling basis. Interested candidates are strongly encouraged to apply by October 27, 2021.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category


Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

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, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.