Institutional Supervision Lead Examiner (Monitoring & Analysis Program)

Posted: Saturday, 07 December 2024
Valid Thru: Monday, 06 January 2025
Index Requested on: 12/07/2024 07:19:18
Indexed on: 12/07/2024 07:19:19

Location: New York, NY, 10001, US

Industry: Advertising and Public Relations
Occupational Category: 21-1092.00 - Community and Social Services
Type of Employment: FULL_TIME

Federal Reserve Bank (FRB) is hiring!

Description:

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do:

The Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District and supports Federal Reserve System (FRS) supervision efforts. 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, including consumer protection;

  • Facilitate the stability of the financial system of the United States; and

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

The FRBNY Supervision Group is seeking a Lead Examiner in the Monitoring and Analysis Program (MAP). The MAP is a focal point for risk identification and analysis for the Large Institution Supervision Coordinating Committee (LISCC) Program, which coordinates the Federal Reserve’s supervision of firms that pose the greatest risk to U.S. financial stability. The MAP monitors and analyzes select risks among LISCC firms to inform supervisory planning, prioritization, and policy making. In executing its responsibilities, the MAP gathers and synthesizes information from LISCC firms and conducts analysis in close collaboration with FRS experts.

Your role as Institutional Supervision Lead Examiner:

The preferred candidate will deploy sound analytical, collaboration, and communication skills to identify and assess emerging risks of LISCC firms.

  • Identify and analyze financial or nonfinancial risks in close collaboration with FRS experts that fully deploys the MAP’s extensive access to supervisory intelligence, data, and other information sources.

  • Work with MAP colleagues in guiding intelligence gathering efforts at LISCC Supervision firms to better identify, understand, and respond to emerging risks in a timely manner.

  • Regularly present and socialize analytical work to improve risk identification, examination, and policy efforts.

  • Contribute to MAP team initiatives across a range of areas as needed (e.g., technology, communication, and engagement strategies, etc.).

  • Develop and engage a broad network of LISCC Supervision and FRS contacts to inform emerging risk analysis and enhance its impact in supervisory planning, examination, and policy activities.

What we are looking for:

  • Strong analytical and problem-solving skills, including a demonstrated ability to analyze complex topics, assimilate new information, and present results in a concise and compelling fashion. Experience using Python, R, and/or Tableau preferred.

  • Clear written and verbal communication, with a demonstrated ability to synthesize complex topics for a variety of audiences.

  • Strong organizational and self-management skills, as evidenced by an ability to take initiative and ownership of complex assignments, produce high quality results under tight time constraints, and operate effectively given rapidly evolving priorities.

  • Strong interpersonal and collaboration skills, including an ability to foster strong and influential working relationships with a range of colleagues across geographic locations, LISCC Programs and FRS functions.

  • Familiarity with bank business risks, performance, and operating environment, including lending, capital markets, investment management, processing, or other activities.

  • Familiarity with the bank supervision concepts related to capital, liquidity, governance and controls, or resolution and recovery.

Salary Range: $118900 - $161700 / year

We believe in transparency at the NY 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.

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.

Benefits:

Our organization offers benefits that are the best fit for you at every stage of your career:

  • Fully paid Pension plan and 401k with Generous Match

  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)

  • Subsidized Public Transportation Program

  • Tuition Assistance Program

  • Onsite Fitness & Wellness Center

  • And more

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.

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.

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.

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 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

Supervisory/Management

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.

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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Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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