Consumer Compliance Examiner

Company

Federal Reserve Bank of Boston

Consumer Compliance Examiner

As a Consumer Compliance Bank Examiner, you will support the Federal Reserve Bank of Boston's mission to promote safe and competitive practices in the nation's banking system through the provision of sound supervisory oversight of financial institutions and their compliance with consumer protection laws and regulations.

We are looking for individuals interested in performing important and rewarding work, and who take pride in what they do.

We are driven by high internal expectations, and seek team members who wish to make a positive impact.
 

Examiners in the Consumer Compliance Unit exhibit proficiency in several components of the supervisory process.

Reporting to the Exam Manager, you will work with a team of Examiners and Analysts to assess institutions' compliance management systems and compliance with applicable consumer protection laws and regulations during the examination process.

Individuals have mastered commonly used supervisory concepts and are able to work independently.

Skills needed for this position include a knowledge of consumer compliance lending and deposit regulations, fair lending regulations, the Community Reinvestment Act, and the Unfair or Deceptive Acts or Practices Act.

The ability to engage senior management and the boards of directors of financial institutions is also necessary.
 

We are looking for a commissioned, or near-commissioned Consumer Compliance Examiner.

However, we will also consider candidates with equivalent consumer compliance, banking, supervisory, or legal experience.

Consideration will be given for different levels of experience, and the successful candidate will be placed into an appropriate level within the Federal Reserve Bank of Boston's Examiner job family.

Responsibilities:


* Exhibit basic understanding of supervisory processes, banking processes, and products; show basic knowledge of applicable laws and regulations.


* Analyze problems with appropriate logic and fact-finding; identify irregularities or minor issues before major problems appear.


* Work with Analysts to investigate consumer complaints for supervised institutions.


* May participate in quality control processes of various supervisory functions, ensuring accuracy and timely completion of deliverables in accordance with local and Federal Reserve System mandates.


* Present both orally and in written form, findings and assessments concerning non-complex supervisory matters to internal and external stakeholders.


* Manage own workflows with periodic input from other Examiners and Managers to meet supervisory milestones.


* Seek and accept coaching and constructive feedback.
 

Qualifications:


* Master's degree or equivalent.


* Minimum of 2 years of job-related experience, or completion of initial courses in a banking agency Examiner Commissioning Program.


* Ability to travel (up to 30%).
 

Our t...