Capital Markets Risk Supervising Examiner (Wholesale Credit Risk)

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.


* 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 individual firms, and through 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 all domestic two large domestic and all foreign-owned firms in the Second District.

 

Your role as a Capital Markets Risk Supervising Examiner:

As a Capital Markets Risk Supervising Examiner in LFBO, you will work in a dynamic, team environment and play an important role in helping the Federal Reserve carry out its regulatory responsibilities.

The Capital Markets Risk Supervising Examiner will serve as the wholesale credit risk expert responsible for evaluating the risk management and control frameworks of complex financial institutions with respect to wholesale credit risk.

This entails leading and/or contributing to firm-specific and horizontal supervisory reviews in the areas of governance, strategy, financial condition, independent risk management, internal controls (including Credit Review and Internal Audit), and business line management.

Core responsibilities include:


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


* Presenting examination results to supervised institutions, Federal Reserve management, staff, and other supervisory authorities.


* Driving continuous monitoring regimes including meetings with management, and review and analysis of internal risk reports, business plans, committee meeting minutes, and other materials for ...