Vice President - Statistics, Credit & Reserves (SCR)

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more.

All brought together in a flexible work environment where you can truly find balance.

About the Opportunity

The Statistics, Credit Risk Management and Reserves (SCR) division has an immediate opening for a Vice President.  The Vice President is responsible for a team that includes approximately 57 people.

This is an officer role.  The position reports directly to the Executive Vice President of Supervision Regulation and Credit (SRC) and is a member of SRC’s Senior Leadership Group (SLG). 

The successful candidate will be responsible for the strategic direction and oversight of SCR.  This includes ensuring that the direction of the function is in alignment with the strategic direction set by the Board of Governors Function Management for both Statistics and Reserves, as well as the strategic direction set by the System’s Credit Risk Management Support Office (CRMSO).  The Vice President (VP) of SCR has a significant span of control with a high degree of organizational impact, risk management responsibilities, and accountability for the Fifth District and Federal Reserve System.  Actively contributing to the System’s related priorities through senior leadership committees and workgroups is expected of this role.   

Locally, the Vice President is responsible for establishing expectations and providing coaching and feedback to their team members. This individual is also responsible for the career development of their direct reports and for overseeing career development for members of the team. The Vice President is also responsible for ensuring team members’ compliance with Unit, Department, Reserve Bank and System policies and procedures. The preferred location for this role is Richmond, VA.

What You Will Do:


* Working through team members, oversees the analysis of financial and organizational structure data gathered from Foreign and Domestic Depository Institutions (Banks, S&Ls, Credit Unions); Bank Holding and Savings and Loan Holding Companies; Nonbank Subsidiaries (ex: mortgage, insurance, etc.) Provides insights for effective compliance monitoring, financial reporting and regulatory oversight.


* Talent development:  Provide leadership and manage/coach direct re...