Liquidity Risk 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 Institution Supervision Coordinating Committee (LISCC) Program Function within the Supervision Group is responsible for supporting the development and execution of horizontal

programs/strategies in connection with the national LISCC horizontal supervisory programs covering capital, liquidity, governance and controls, recovery and resolution, and monitoring and analysis. 

Your role as Liquidity Risk Supervising Examiner:

The LISCC Liquidity Program (LP) program focuses on evaluating the liquidity risk management practices and liquidity positions of supervised firms.

The Liquidity Risk Supervising Examiner is responsible for developing and executing the assigned elements of the program’s supervisory plan, communicating supervisory messages, and developing liquidity ratings of the supervised institutions.

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 internal audit), and business line management.

Core responsibilities include:


* Act as a Liquidity Risk Specialist covering a LISCC institution.


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


* Leading or participating in firm specific and horizont...