Enterprise Risk Management (ERM) Specialist, Safety and Soundness

Company

Federal Reserve Bank of St.

Louis

The Supervision Division is looking for individuals with a background in Enterprise Risk Management (ERM) to join our Safety & Soundness team.

As an ERM Specialist, you will assess a bank’s overall risk management function, including the effectiveness of measuring and analyzing exposure to risks threatening the assets, earning capacity, or economic state of the organization and evaluate overall compliance with federal laws and regulations.

You will work onsite in the Little Rock, AR, Memphis, TN or St.

Louis, MO office.

Overnight travel is required, or if in range, commutable travel.

You may travel approximately 50 nights per year, averaging 20-30% of workdays within the Eighth Federal Reserve District.

It includes overnight stays (up to five consecutive days), travel mostly by vehicle, but some air travel may be involved.

The St Louis Federal Reserve Bank diligently works to provide a positive Work / Life Balance through a compressed work schedule and periodic work from home opportunities.

Responsibilities


* Independently assess audit, corporate governance, operational risk, and Enterprise Risk Management (ERM) functions within banking organizations and ask questions to get to the underlying cause of potential issues or concerns.


* Plan, participate, and lead supervisory events of more complex financial institutions.


* Prepare informative, concise, and well supported supervisory products including work papers and communicate supervisory conclusions to financial institution management, other examiners, and Reserve Bank management.


* Foster relationships with fellow examiners, Reserve Bank staff, financial institution management, and other federal and state banking regulators.


* Invest in the development of your peers by sharing knowledge and providing peer level feedback, aligning with the St.

Louis Federal Reserve's focus on employee growth.

Qualifications


* Bachelor’s degree in business, accounting, economics, finance, or related field.


* 5+ years of banking industry experience related to internal audit, , corporate governance and ERM.


* Sound understanding of operational risk, internal audit, corporate governance, and ERM functions within a banking organization.


* Required certifications: Certified Risk Manager (CRM), Financial Risk Manager (FRM), COSO ERM Certificate.


* Overnight travel required 20-30% of the year (approximately 50 nights).


* You must live in, or relocate to, the 8th District and work out of our Little Rock, AR, Memphis, TN, or St.

Louis, MO, offices.

Relocation incentives are available.


* Hybrid schedule – Must work in the office 3 days per week, when you’re not traveling.


* Not eligible for remote status.


* Candidates with less experience, including the absence of certifications, will be considered at a lower job grade or salary.

Total Rewards

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