Capital Markets Risk Supervising Examiner

Company

Federal Reserve Bank of New York

Working 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 through 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 Capital Markets Credit Risk Supervising Examiner:

As a Credit Risk Supervising Examiner, the candidate will assist in the development of supervisory and examination strategies and oversee or assist in the execution of those strategies for institutions in the RCFI portfolio.

The major responsibilities include:


* Leading or participating in examinations/inspections to determine the quality of a firm’s assets and the effectiveness of a firm’s credit risk management program and validate remediation efforts of identified issues.


* Identifying strategies, risk and exposure levels at financial institutions to assess risk management practices and the adequacy of risk management systems. 


* Developing and recommending supervisory actions that are commensurate with risk levels and are based on sound and supportable conclusions.


* Prepare informative, well supported supervisory products and work papers, effectively communicating supervisory findings, including required actions to senior management and board of directors.


* Develop and maintain strong ongoing relationships with relevant stakehold...