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.
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, Twitter, Instagram, and our YouTube channel – Cleveland Fed

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.

Summary

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

An individual in this position is as an integral member of the risk discipline and possesses advanced technical and supervisory skills.

Leads and participates in large, complex, and challenging supervisory activities to determine the adequacy of risk management processes to identify, measure, monitor, and mitigate risks.

Demonstrates advanced skills regarding bank operations and products and is able to leverage an understanding of the interplay of risks, risk drivers, and risk management to conduct critically focused supervisory assessments.

Participates on national horizontal reviews and serves in a material contributor role (examples include as lead or material contributor for a workstream on a horizontal evaluation team or as lead risk specialist/examiner-in-charge for a dedicated supervisory team).

Demonstrates advanced knowledge of industry practices and leverages innovative techniques to identify and assess emerging risks.

Conducts forward-looking analysis of cross firm and industry/financial system risks and developments to help drive perspectives on micro (institution specific), horizontal (industry wide/peer) and macro (financial syst...