Regional Bank Organization - Examiner/Central Point of Contact in Richmond, VA

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Job title: Regional Bank Organization - Examiner/Central Point of Contact in Richmond, VA at Federal Reserve Bank
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Company: Federal Reserve Bank
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Job description: Company Federal Reserve Bank of Richmond

When you join the Federal Reserve?the nation's central bank?you?ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we?ll provide the opportunities that will challenge you and propel your growth?along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

The Federal Reserve Bank of Richmond?s Supervision, Regulation and Credit (SRC) Department has an exciting opportunity to join the Regional Bank (RBO) supervision team. This immediate opening will serve as the Central Point of Contact (CPC) for the largest state member bank in the 5th District and its bank holding company. RBO CPC?s are responsible for developing and executing the supervisory strategies for their assigned firm and supporting other community and regional safety and soundness supervision (CRSS) activities as assigned. The CRSS division is responsible for helping to ensure the safety and stability of the Fifth District community and regional banks and holding companies to protect the nation?s financial banking system.

In this role, the CPC will provide direction and oversight of examiner or risk specialist team members when monitoring the firm?s activities and risks and in carrying out examinations and other aspects of the firm?s supervision plan. As you complete these duties, strong leadership, communication and analytical skills will be critical as you engage with a variety of internal and external stakeholders. You will report to a Senior Manager.

Regulatory experience and a commission from a federal or state banking regulatory agency is required.

What You Will Do:
? Evaluate the risk associated with the firm and devise an effective tailored supervisory plan.
? Oversee execution of the supervisory plan, including planning, scheduling, and staffing.
? Collaborate effectively with internal and external stakeholders, including the Federal Reserve Board of Governors, Federal and state regulatory agencies, other SRC business units, and the supervised firm?s executive team and other key contacts.
? Produce or review high-quality supervisory products, including institutional overviews, risk assessments, supervisory plans, quarterly monitoring memos, and reports of examination.
? Provide high-quality coaching and feedback to team members during events and on an ongoing basis.
? Promote diversity of thought and open deliberation during supervisory events, post-event vetting meetings and team meetings.

Qualifications: ? 5+ years of examination or relevant work experience ? Experience supervising financial institutions with total assets

$10 billion preferred. * Commissioned examiner credentials from the Federal Reserve System or other federal or state agencies (preferred)
? Strong supervision background with a demonstrated track record of identifying the root causes of issues and crafting effective supervisory communications
? Strong coaching and mentoring skills with an affinity for developing others
? Occasional travel is required and will vary depending on the location of the successful candidate, with flexibility for work/life balance
? When not traveling for supervision work, the successful candidate is expected to report to their home branch location (Richmond, Charlotte, or Baltimore) Tuesday-Thursday

Other Requirements and Considerations:
? Candidates should review the

to ensure compliance with conflict of interest rules and personal investment restrictions. * If you need assistance or an accommodation due to a disability, please notify

. * Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).
? 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.
? Under Conflict-of-Interest guidelines administered by the Board of Governors of the Federal Reserve System, examining personnel may not participate on an examination of a financial institution or affiliate if the examiner was employed by the financial institution or affiliate within the past 12 months.
? Please review

to ensure there are no major issues related to your previous employment and current financial interests (relevant sections are 5.3 and Appendix B, Parts I, II and III). FRB ethics rules generally prohibit employees and their immediate families from owning investments in banks, savings associations, or their holding companies (Section 5.3). Additionally, employees engaged in Supervision and Regulation may be subject to borrowing and deposit restrictions. These employees may need to recuse themselves from certain supervisory work based on:
? Their borrowing relationships (Appendix B Parts I.1, II.1 and II.2)
? If a financial institution employs a member of the employee?s immediate family (i.e. spouse, child, parent, or sibling) (Appendix B Part I.3 and Part II.3)
? If the individual was employed by the financial institution or affiliate within the past 12 months (Appendix B Part I.3 and II.3).
? In certain cases, the recusal may be so extensive it could materially reduce the effectiveness of the prospective employee?s job responsibilities.
? The hiring range of the Examiner ? C&R - Sr is $114,000 ? $158,500 annually. (5+ years of experience)
? The hiring range of the Examiner ? C&R ? Adv is $126,900 ? $174,460 annually (9+ years of experience)
? Salary offered will be based on the job responsibilities and the individual?s knowledge, skills, and experience as defined in the job qualifications.
? Applications will be reviewed on a rolling basis. Interested candidates are encouraged to apply by October 6th, 2023.

Full Time / Part Time Full time

Regular / Temporary Regular

Job Exempt (Yes / No) Yes

Job Category Bank Examination

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.
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Expected salary:
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Location: Richmond, VA
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Job date: Fri, 22 Sep 2023 03:31:24 GMT
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