Financial Risk Supervising Examiner

Job Description

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 Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The

objectives

of supervision are to:

Evaluate and promote the overall safety and soundness of supervised institutions

Ensure supervised institutions' compliance with relevant laws and regulations

Facilitate the stability of the financial system of the United States

Support the growth and stability of the U.S. economy

Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy
,

and risk matters. Supervision is coordinated with other U
.
S
.

agencies.

The Supervision

Group

at

the

FRBNY

is responsible for

the

day
-
to
-
day supervision

of

Globall
y

S
ystemically

I
mportant

Banks
,

Large and Fore
ign Banking Organizations, Regional and Community Banking Organization
s

and

Financial Market Utilities

that are based in the Second District
. The

s
upervisory

t
eam
s

execute examinations
,

monitoring
, and analysis

in coordination with

staffs of

the Board of Governors
,

other

Re
serve Banks
,

and other

domestic and international agencies.

Superv
i
sion staff

develop

a

deep

understanding of the safety and soundness of the firm
s

and

the broader banking industry
;

recommend supervisory plans and ratings
;

and execute examinations,

monitoring

events and financial analysis
.
Supervisors

focus their work

on

risks including

Capital, Governance and Controls, Liquidity, Resolution and Recovery
; and the overall

financial and operational resiliency of the

firms'

and the

broader

financial system
.

How
You'll
Make an Impact:

Maintain deep knowledge of the

firms and industry

strategy, risk profile, governance, risk management
,

and control functions via monitoring
,

analysis,

and examination activities.

Contribute to

the

development of supervisory priorities and

supervisory plan
s

needed to assess core risks and make well-supported recommendations
.

Develop and

p
resent examination

and analytical

results to

a

range of

stakeholders and supervised institutions.

Collaborate and build relationships with

Bank, Federal Reserve System
,

and Interagency partners to

develop supervisory responses

to

and analysis

of

inherent and emerging risks
.

Help

identify

and

address emerging risks to supervised firms, the financial system
,

and financial stability
.

The Unique Skill Sets
We're
Looking For:

Ability to take on a leading role on examinations at financial institutions and/or an ability and willingness to learn about complex regulations, including supervisory expectations and findings.

Supervisory or industry experience in bank activities, including commercial banking, retail

lending
, payments, global markets trading businesses
,

including experience

in

financial risk management

and audit functions
.

Supervisory or industry experience

managing

financial

risks, such as market

and

counterparty

credit

risk, credit risk,

and

liquidity risk
.

Working knowledge

of

relevant supervisory standards

for

financial

strength
, compliance
,

and risk management practices
.

Excellent project management, communication, interpersonal, and collaboration skills
.

S
trong

financial and

data analytics skills

preferred; CFA, FRM and equivalent designations

a plus
.

Other Things to Know:

Salary Range: $164
200 -

$
242
200

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.

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 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 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.

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, Supervision 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.
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