Credit Risk Specialist, Regional and Community Bank Supervision

Company

Federal Reserve Bank of Boston

Credit Risk Specialist

Working at the Federal Reserve Bank 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 talented professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

It is a challenge that demands the skills of a financial service professional and the intellectual curiosity of an academic—all combined with a passion for public service. 

The Regional and Community Bank supervisory unit is looking for a candidate to join our team.

Your primary focus will be participating in and leading reviews and evaluating the effectiveness of commercial credit (CRE and C&I) risk management practices at regional and community banks.  You will also lead and participate in commercial credit related project work providing insightful analysis on first district credit conditions.  Reporting to an Examination Manager, you will formulate conclusions and effectively communicate findings to bank management to effect positive change and ensure that state member banks in New England are operating in a sound manner and in compliance with applicable laws and regulations.
 

You will be provided with an excellent opportunity for personal and professional growth.  The position requires the ability to successfully complete the community bank examiner commissioning program.  The position and job description posted is for a Specialist.

However, you will be placed into an appropriate level within the Specialist family based on degree of experience.
 

This job is eligible for a hybrid schedule with at least 50% on-site work expected.

Principal Accountabilities:



* Proficient in small business lending, community and regional bank commercial credit products, analysis, and portfolio management practices with knowledge of regulations, trends, and developments related to businesses and products, related risk management techniques and management information systems, and audit, loan review, and internal controls.


* Help prepare credit related supervisory strategy and risk assessments and selectively help other team members vet scopes and findings related to credit risk.


* Serves as a team and System resource by leading or participating on high-level projects, workgroups, and strategic projects.

Contribute to the understanding of emerging risks, risk management practices and changes in supervision policies, procedures, tools or guidance on a System basis.


* Under limited oversight, present both verbally and in written form to internal and external stakeholders.


* Evaluate management and influence their actions to achieve supervisory goals, while maintaining positive relationships.


* Display good judgement, well-reasoned decision making, and ability to problem solve.


* Provide mentoring, coaching, and trai...