Examiner I/ II / Senior - Risk Specialist

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is part of the nation’s central bank and we’ve provided many opportunities for professional growth during our history.

For 25 years in a row we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99.

This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

Our People Make the Difference! The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future.

Follow us on LinkedIn, X, Instagram, and our YouTube channel – Cleveland Fed

Job Description

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S.

federal immigration law.

Protected Individuals include, but are not limited to, U.S.

citizens, U.S.

nationals, and U.S.

permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe.

Candidates who are not U.S.

citizens or U.S.

permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S.

citizen and meet other eligibility requirements.

In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S.

citizens must sign a declaration of intent to become a U.S.

citizen and pursue a path to citizenship.

Supports the Federal Reserve`s mission of financial system stability.

An individual in this position is as an integral member of the risk discipline team.

Serves as examiner-in-charge or lead risk specialist for supervisory activities at large, complex supervised bank/financial/savings loan holding companies and their subsidiaries.

Also, participates on national horizontal reviews.

Assignments include execution of supervisory reviews and continuous monitoring activities focused on the effectiveness of risk identification, risk management and governance practices for risk discipline.

Ensures supervised institutions are in compliance with applicable laws, regulations, and policy statements.

Supports gathering of cross firm and banking industry/ system risks and developments to understand and build perspectives on micro (institution-specific), horizontal (industry-wide/peer) and macro (financial system supervision) risks and vulnerabilities.

Leads or serves in a material contributor capacity on projects, outreach and training.

Note: Individuals in this role either have an examiner commission or are in the process of obtaining a commission.

Essential Accountabilities


* Serves as examin...