Demo

Capital Markets Trading Associate

Federal Reserve Bank of New York
Chicago, IL Full Time
POSTED ON 7/29/2026
AVAILABLE BEFORE 9/4/2026
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 consists of multiple teams that fulfill a range of responsibilities, from planning and executing open market operations, monitoring, and analyzing financial market developments, to managing foreign customer accounts.

How You’ll Make an Impact as a Capital Markets Trading Associate:

As a Capital Markets Trading Associate you will monitor, analyze and report to policy makers on global financial market developments:

  • Track intra-day and longer-term global asset price movements;
  • Interface with market participants to obtain context for asset price movements;
  • Integrate insights from analysis of price action, outreach to market contacts, and coverage of global developments to identify themes relevant to monetary policy and financial stability;
  • Prepare detailed written analysis and present verbal briefings on financial market developments;
  • Assume responsibility over time as a Markets Group specialist with analytical and operational responsibilities across specific markets segments

Unique Skillset We’re Looking For:

  • Knowledge of financial instruments and financial market structure, macroeconomic theory and monetary policy
  • Ability to combine intelligence gathered from multiple sources and with available data to produce well-written summaries and presentations to a wide range of audiences
  • Ability to analyze complex market issues, make sound decisions and respond in time-sensitive situations
  • A successful track-record demonstrating quantitative and advanced analytical skills in the workplace
  • Professional experience working productively in a high-performance team atmosphere and as an independent analyst
  • Prior advanced coursework in economics, finance, public policy or a related field
  • Ability to perform periodic early-morning analytical coverage
  • Ability to adhere to area-specific financial disclosure requirements
  • Experience with Bloomberg, SQL and/or Python is a plus
  • Evidence of a desire to continually learn and improve skillsets

Open to applicants for NYC and Chicago—Chicago preferred

Other Things to Know:

Salary Range: $110,000- $140,000 / 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.

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.

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.

Application Deadline: July 17, 2026

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.

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this email box is designed exclusively to assist job applicants with accommodation requests. All other inquires, including the status of applications, will not receive a response.

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

Markets 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.

Privacy Notice

Salary : $110,000 - $140,000

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