Consumer Compliance Senior Examiner / Supervising Examiner

Company

Federal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System.

It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government.

The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

This job description is for the Examiner Job Family and is intended primarily for positions within the Safety and Soundness and Consumer Compliance (CC)/Community Reinvestment Act (CRA) business lines in Supervision, Regulation and Credit (SRC).

SRC is responsible for the supervision and regulation of state member banks (SMBs), bank holding companies (BHCs), savings and loan holding companies (SLHCs), financial holding companies (FHCs), data service providers, trust companies and large and foreign banking organizations (LFBOs).

Supervised financial organizations are located across the District and range in size and complexity from small community organizations to some of the largest banking organizations in the country.

The level of work required is generally considered highly complex.

The individual maintains advanced skills in one or more disciplines.

What You Will Do:

Participates as a member of a point in time supervisory event team, as an Examiner in Charge (EIC) of a supervisory event, and/or as a member of a dedicated supervisory team for a specific financial organization or group of financial organizations.

Involved in the direct supervision of financial organizations, addressing the most complex supervisory issues.

Conducts analyses, assesses compliance with laws and regulations, assesses risk management systems, and communicates findings and assessments to various internal and external stakeholders, including senior bank management and boards of directors.

The level of work required is generally considered highly complex.

The individual maintains advanced skills in one or more disciplines.

A Supervising Examiner generally performs the duties below for highly complex situations and/or financial organizations and non-traditional financial organizations.


* Leads and participates in the most complex supervisory events of state member banks, bank- and non-bank subsidiaries, trust departments, and service providers, BHCs and SLHCs.


* Serves effectively as an EIC to ensure the successful completion of a supervisory event, including the assessment of the financial organization overall condition, risk management systems, and compliance with applicable laws and regulations.


* Assesses financial organizations’ consumer compliance risk management program, compliance with applicable consumer protection laws and regulations, and performance under the CRA.


* Scope, organize, and con...