Capital Markets Risk Specialist

Company

Federal Reserve Bank of Boston

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 Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

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

Capital Markets Risk Specialist – Large Bank Supervision
 

Description of Role:

The Federal Reserve Bank of Boston has an opening for a team-oriented Capital Markets Risk Specialist to join the Large Bank and Insurance (LBI) unit as a member of the Risk Team.

The Capital Markets Risk Specialist leads and/or participates in reviews and examinations that evaluate the effectiveness of risk management practices across a range of capital markets risk dimensions and businesses, with a focus on trading activities for large, globally systemic financial institutions under Federal Reserve supervisory authority.

As a member of the Risk team, you will evaluate the firm’s financial condition and synthesize assessments of capital planning processes at the assigned firm.

You will also participate in cross-institutional reviews in your specialty area, provide leadership or coordinate assistance in support of national supervision program management.
 

The Capital Markets Risk Specialist will use sound analysis and reasoning to develop conclusions and recommendations on complex issues including evaluating the effectiveness of management and risk management practices under review.

Through well-supported recommendations you will negotiate, influence actions and resolve any conflict that arises. 
 

Responsibilities:


* Lead or support the oversight of capital planning activities and capital markets risks at large financial institutions. 


* Participate in risk-focused reviews of a range of capital markets risk dimensions and businesses, including topics such as capital planning, earnings analysis, and interest rate, market, and counterparty credit risk management.


* Help prepare capital markets related-supervisory strategy and risk assessments and selectively help other team members vet scopes and findings related to their risk specialty area.


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

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