Federal Reserve Bank (FRB)
Examiner I/ II / Senior - Risk Specialist (Finance)
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Job Description
This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.
In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.
Supports the Federal Reserve`s mission of financial system stability. An individual in this position is as an integral member of the risk discipline team. Serves as examiner-in-charge or lead risk specialist for supervisory activities at large, complex supervised bank/financial/savings loan holding companies and their subsidiaries. Also, participates on national horizontal reviews. Assignments include execution of supervisory reviews and continuous monitoring activities focused on the effectiveness of risk identification, risk management and governance practices for risk discipline. Ensures supervised institutions are in compliance with applicable laws, regulations, and policy statements. Supports gathering of cross firm and banking industry/ system risks and developments to understand and build perspectives on micro (institution-specific), horizontal (industry-wide/peer) and macro (financial system supervision) risks and vulnerabilities. Leads or serves in a material contributor capacity on projects, outreach and training. Note: Individuals in this role either have an examiner commission or are in the process of obtaining a commission.
Essential Accountabilities
Education and Experience
Knowledge and Skills
Physical Demands and General Working Conditions
Traditional office environment: Employees typically sit most of the day, work with a computer, and may answer/respond to phone calls. Physical movement consists of walking for meetings, breaks, etc. Ability to lift items weighing approximately 20 pounds on a limited basis is required. Employees will be required to travel by car/air.
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.
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