Foreign Bank 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 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 Large and Foreign Banking Organization (LFBO) function is responsible for monitoring and assessing the safety and soundness of two large domestic firms and all foreign-owned firms with U.S.

operations (FBOs) in the Second District, the latter of which includes a large number of Less Complex Foreign Banking Organizations (LCFBOs) in the Second District.

Your role as an Institutional Supervision Supervising Examiner:

As an Institutional Supervision Supervising Examiner for the LCFBO Portfolio, you will be responsible for supervising a portfolio of less complex firms.

Activities include examining and monitoring supervised firms’ business strategies and associated risks; financial condition, and compliance with laws and regulations; reviewing and acting on regulatory applications filed by firms to engage in mergers, acquisitions and other expansionary proposals and engaging with supervised firms’ Boards of Directors and senior management; and coordinating supervisory activities with those of other federal and state authorities.

Core responsibilities include:


* Leading or participating in firm-specific and horizontal examinations and developing well-supported supervisory assessments.


* Assist in developing the supervisory plan for non-complex to moderately complex risk stripes and/or institutions.


* Executing the supervisory plan and meeting supervisory mandates for one or more risk stripes and/or institutions.


* Presenting ex...