Full-Time

Federal Reserve Information Technology Examiner/Risk Specialist

Posted on 10/25/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$71.1k - $174.2kAnnually

Mid, Senior

No H1B Sponsorship

Kansas City, MO, USA + 3 more

More locations: Omaha, NE, USA | Oklahoma City, OK, USA | Denver, CO, USA

Hybrid position requiring 50% on-site presence.

Category
Cybersecurity
IT & Security
Requirements
  • Knowledge and experience normally acquired through a bachelor’s degree and a minimum of two years of financial industry or regulatory work experience, or 10+ years of applicable work experience without a college degree.
  • Examiner commission is a plus but not required.
  • IT-related certifications such as CISSP, CISA, CISM, and CCSP are strongly desired.
  • Proficient technical knowledge of IT and information security risk management programs, measurement tools, models, control frameworks, and risk indicators used to make decisions on IT/cybersecurity risks for an organization.
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
  • Must be able to travel.
Responsibilities
  • Perform and/or lead supervisory activities for financial institutions or other supervised entities, which are designed to assess key IT and cyber-related risk exposures and corresponding risk management practices.
  • Develop and maintain expertise in IT (including cybersecurity) risk, as well as supervisory expectations, industry practices, and emerging financial industry technology, such as Fintech and cloud-based activity.
  • Synthesize information from multiple sources to identify industry trends and emerging issues, as well as engage in challenging discussions with executive level management and boards of directors, to evaluate risks and risk management processes within supervised organizations.
  • Apply sound supervisory judgment and consider multiple viewpoints to formulate appropriate supervisory conclusions and recommendations based on large amounts of subjective, and potentially conflicting, or sensitive information.
  • Assimilate and prioritize supervisory issues from multiple disciplines to support a comprehensive and integrated supervisory assessment by coordinating, collaborating, and building consensus with all stakeholders around the impact of specialized risk areas on the overall assessment of the organization.
  • Provide well-supported written conclusions and findings for inclusion in supervisory reports and effectively communicate supervisory findings, including required actions, to organization and Reserve Bank management.
The Federal Reserve System

The Federal Reserve System

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The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. The Federal Reserve also supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. Additionally, it provides financial services to banks and the U.S. government, acting as a bank for banks. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and maintain a stable financial system, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Simplify Jobs

Simplify's Take

What believers are saying

  • FedNow Service's expansion could improve transaction efficiency and customer satisfaction.
  • Increased focus on digital currency may enhance regulatory and innovation capabilities.
  • Basel III Endgame discussions may strengthen financial system resilience.

What critics are saying

  • Leadership changes may lead to shifts in policy direction.
  • Large bank mergers could increase scrutiny on competition and fair lending.
  • Slow adoption of FedNow by major banks may hinder its effectiveness.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It plays a crucial role in formulating national monetary policy.
  • The Fed supervises and regulates banks and bank holding companies.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Pet Insurance

Wellness Program

INACTIVE