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Federal Reserve Bank of Chicago

Senior CRSB Examiner

Federal Reserve Bank of Chicago, Chicago, Illinois, United States, 60290


Company:

Federal Reserve Bank of Chicago

The Federal Reserve Bank of Chicago is one of 12 regional reserve banks in the United States, along with the Federal Reserve Board of Governors in Washington, D.C., which make up the nation's central bank. The Bank is committed to adhering to a culture of excellence, respect, integrity and responsibility.

As part of its core mission, the Supervision & Regulation (S&R) Department of the Federal Reserve Bank of Chicago is responsible for supervising and regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, and financial holding companies. Organizations within the boundaries of the Seventh District are located within Illinois, Indiana, Michigan, Wisconsin, and Iowa. S&R plays a critical role in The Federal Reserve Bank of Chicago's core mission, supervising regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, financial holding companies and savings and loan holding companies. Our duty is to foster the stability, integrity, and efficiency of the nation's monetary, financial and payment systems to promote optimal economic performance.

This position is under the Safety and Soundness examinations of Community Banks for institutions under $10 billion in assets. The Community, Regional & Specialty Bank (CRSB) Supervision family provides supervisory oversight for financial institutions of varying complexities that have a close relationship with the communities they serve. Members of the CRSB job family generally conduct full scope or target examination and inspections of CRSB firms by working with different teams and staff across the department and through interaction with institution executives with broad responsibilities.

Your Responsibilities:

Lead and participate in bank holding company inspections to ensure the successful completion of the inspection including the assessment of the institution’s overall condition, risk management systems, and compliance with applicable laws and regulations; perform continuous monitoring.

Create and provide focused and value-added reports, documents, and other correspondence to internal and external stakeholders.

Develop and present supervisory recommendations and responses to resolve moderately complex issues.

Develop and lead inspections and project plans, timelines, and milestones for basic and moderately complex examinations.

Develop relationships within the team, division, and department.

Provide guidance, training and constructive feedback to less experienced staff.

Your Background:

Bachelor's degree or equivalent experience.

Seven plus years of direct work-related experience.

Commission preferred; if you are not commissioned, you will be required to go through the Examiner Commissioning Program (ECP) and become commissioned.

Applicants must be a U.S. Citizen or hold a green card with the intent to become a U.S. Citizen.

Demonstrate the ability to understand and execute risk focused supervision and process.

Demonstrate the ability to apply knowledge in completing assignments.

Demonstrate intermediate to advanced analytical and problem-solving skills.

Demonstrate independent and critical thinking and decision-making abilities as well as have solid written and oral communication abilities.

Possess the ability to provide guidance and constructive feedback to less experienced staff and peers.

Possess strong teamwork skills and the ability to build and work collaboratively within and across work teams.

Demonstrate the ability to manage time and projects effectively by adjusting quickly to new and different priorities.

Demonstrate aptitude to leverage relevant technology and software applications.

Possesses general business acumen.

What we offer:

Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria.

A continuous learning environment with opportunities to gain new skills and grow your career.

Location:

This is a hybrid position. Your presence will be expected at one of the 7th District offices—Chicago, Des Moines or Detroit.

Additional Requirements:

Ability and willingness to travel 15%.

As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies.

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.

This position has additional screening requirements due to the information accessed while performing the job.

This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.

Job Details:

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.

Always verify and apply to jobs on Federal Reserve System Careers at

https://rb.wd5.myworkdayjobs.com/FRS

or through verified Federal Reserve Bank social media channels.

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