Community Banks Central Point of Contact (CPC)

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 Regional and Community Financial Institution (RCFI) function is responsible for monitoring and assessing the safety and soundness of state member banks and domestic bank holding companies under $100 billion in the Second District.

This includes state member banks and bank holding companies headquartered in Puerto Rico.

Your role as the Institutional Supervision Supervising Examiner/ Community Banks CPC:  

You will be responsible for supervising a small portfolio of community banking firms. 

 

Core responsibilities include:


* Lead, plan and execute an effective supervisory approach that is tailored to the risk profile of the assigned institutions. 


* Leverage your knowledge of the firm to provide insights to examiners engaged in examination activities.


* Execute a monitoring program that includes meetings with bank management, review and analysis of internal risk reports, earnings forecasts and business strategies.

 


* Analyze current industry practices, conditions and trends to identify inherent and emerging risks.


* Present conclusions via written and verbal presentations summarizing risks and supervisory concerns to internal and external stakeholders.


* Lead the FRBNY in engaging with supervised firm’s management and their Boards of Directors; and coordinating supervisory activities with those of other federal and state authorities.

What we are looking for:


* Significant examination leadership experience, inc...