Company

Federal Reserve Bank of New YorkWorking 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. 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

• 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 US agencies.

The Regional and Community Financial Institution (RCFI) function is responsible for monitoring and assessing the safety and soundness of state member banks and domestic bank holding companies under $100 billion in the Second District. This includes state member banks and bank holding companies headquartered in Puerto Rico.

Your role as a Community Bank Monitoring Institutional Supervision Program Manager:

You will be responsible for the execution of the examination and inspection program for all community bank organizations under $10 billion.

Core responsibilities:

• Lead a team of Central Point of Contacts (CPCs) responsible for the supervisory program of the community state member banks.

• Provide strategic leadership and senior level oversight of supervisory monitoring and examination activities.

• Develop and maintain key monitoring tools to ensure that emerging and key risks are identified and addressed.

• Ensure review and oversight of supervisory work deliverables to comply with quality control requirements of the CBO Program.

• Build and sustain a culture that is characterized by innovation, creative problem-solving, teamwork, empowerment of employees, accountability, diversity and inclusion and business process excellence.

• Establish and maintain partnerships with internal and external key stakeholders (FRS, State regulators, etc.) to facilitate the execution of the CBO supervision program. 

What we are looking for:

A successful candidate for CBO SMB Monitoring Institutional Supervision Program Manager is expected to have:

• Demonstrated knowledge of community bank supervision programs for state member banks and bank holding companies. 

• Examiner commission is required for this position. In absence of examiner commission, demonstration of significant progress in examiner commissioning program for those currently enrolled, or willingness to enroll in examiner commissioning and place strong priority on completion upon acceptance of the position.

• Strong, clear, confident communication skills with a demonstrated ability to lead challenging conversations.

• Demonstrated ability to coach and mentor examination staff at varying levels of skill development.

• Intellectual curiosity, a proven analytical approach to problem-solving and innovative approach to business process improvement.

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.

Privacy Notice