Full-Time

AVP – Supervision & Regulation

Service Provider & National Programs Group

Posted on 11/20/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Senior

Miami, FL, USA + 3 more

More locations: Birmingham, AL, USA | Jacksonville, FL, USA | Atlanta, GA, USA

Must be within commuting distance of the Federal Reserve Bank of Atlanta, Miami, Jacksonville, or Birmingham branches.

Category
Risk & Compliance
Legal & Compliance
Required Skills
Public Speaking
Requirements
  • Examiner Credentials and Commission strongly preferred
  • Bachelor’s Degree required
  • advanced degree or designation(s) considered a plus
Responsibilities
  • Oversee service provider examinations and related regulatory activities for assigned entities.
  • Represent the Bank and the Division during meetings with directors and senior executives of service providers, staff of the Board and senior officials of other Reserve Banks, and senior representatives of other Federal and State agencies.
  • Provide thought leadership and participate in formulation of objectives, policies, procedures and strategic direction in areas of direct functional responsibility and for the Division.
  • Influence and implement the strategic direction of the Division in carrying out its supervisory mission and translate strategies into specific business actions, priorities, and goals.
  • Represent the Division and the District by leading on Bank and System committees.
  • Manage the development and deployment of human and technological resources.
  • Represent the Bank and the Division in public speaking engagements related to service provider supervision.
  • Develop talent and succession by performing personnel management functions such as hiring, staff development counseling, employee performance appraisals, compensation decisions, and other personnel actions.
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 stable financial system and a healthy economy, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

N/A

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at the Federal Reserve offers the opportunity to contribute to significant economic policies that impact the global economy.
  • The Fed's diverse and inclusive work environment fosters creativity and innovation, providing room for personal and professional growth.
  • Employees benefit from a high-performance culture with meaningful responsibilities and a strong work-life balance.

What critics are saying

  • The Federal Reserve's involvement in controversial areas like crypto regulation and monetary policy can lead to public scrutiny and pressure.
  • The complexity and scale of its operations may result in slower adoption of new technologies, as seen with the FedNow system.

What makes The Federal Reserve System unique

  • The Federal Reserve System stands out as the central bank of the United States, wielding unparalleled influence over national monetary policy and financial stability.
  • Its role in supervising and regulating banks, alongside providing financial services to the U.S. government, sets it apart from other financial institutions.
  • The Fed's introduction of innovative systems like the FedNow instant payments platform highlights its commitment to modernizing financial services.

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