Assistant Examiner II

Company

Federal Reserve Bank of Philadelphia

Job Description Summary
The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System.

It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government.

The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

Job Summary:

SRC is responsible for the supervision and regulation of state member banks (SMBs), bank holding companies (BHCs), savings and loan holding companies (SLHCs), financial holding companies (FHCs), data service providers, trust companies and large and foreign banking organizations (LFBOs).

Supervised financial organizations are located across the District and range in size and complexity from small community organizations to some of the largest banking organizations in the country.

This job description is for the Examiner Job Family and is intended primarily for positions within the Safety and Soundness (S&S) and Consumer Compliance (CC)/Community Reinvestment Act (CRA) business lines in Supervision, Regulation and Credit (SRC).

SRC has examiner positions at different levels, ranging from assistant to supervising.

Each level is differentiated by requisite years of experience and examiner commissioning requirements, as well as by the degree of oversight required and discretion exercised in job performance.

The levels are also differentiated by degree of complexity in the supervisory issues addressed, the duties performed, the professional skills applied, and the key behavioral competencies required.

Job expectations, duties and skills required at the higher levels build upon those of the lower levels.

What You Will Do:

An Assistant Examiner II participates as a member of a point-in-time supervisory event team primarily at small to medium sized financial organizations.

This is a mid-level training-level position; the expectations are increased, and the level of work is considered entry- to intermediate-level.

This position relies on mentors and coaches for guidance on assignments.

Examiner Job Family positions are involved in core supervision work.

The key responsibilities involved in core supervision work are:


* Conducting analysis of current financial conditions and trends, and analyzing loans and other assets related to specific financial organizations and to portfolios of financial organizations.


* Assessing financial organizations’ compliance with all applicable laws and regulations; assessing financial organizations’ consumer compliance risk management program, compliance with applicable consumer protection laws and regulations, and performance under the CRA.


* Determining the quality of financial organizations’ internal controls, audit syste...