Quality Assurance Examination Specialist

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 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 Business Services function maintains a high-quality operational environment in support of the Group’s analytical, exam and policy activities; assesses and mitigates risks associated with the Group’s business lines; provides data and technology support for Supervision staff; conducts quality assurance and establishes a dynamic learning and development curriculum for staff, including the administration of examiner commissioning.

The function is also responsible for ensuring that the business lines are well positioned to meet the Group’s strategic objectives.

The Quality Assurance (QA) team evaluates supervisory processes and associated products to identify and confirm sound practices, following Federal Reserve System guidance.  QA’s core mission is to identify patters of errors or noncompliance to check possible systemic issues in business line processes.  Members of this team are involved in performing a quality assurance program that independently evaluates quality of supervisory processes and products.

Your role as a Quality Management Supervising Examiner – Quality Assurance:

You will ensure QA activities are performed in accordance with the Quality Management Framework and Quality Assurance Community of Practice.  As a Quality Management Supervising Examiner, you will lead or participate in the development of program plans to aid in the identification of potential systemic issues in supervisory business line processes/procedures through a...