Senior Vice President – National Programs, Policy and Risk - Supervision and Regulation Department

Company

Federal Reserve Bank of Chicago

The Federal Reserve Bank of Chicago is one of 12 Reserve Banks that, along with the Board of Governors in Washington, D.C., constitute the Federal Reserve System, which was established by Congress in 1913.

The fundamental mission of the Federal Reserve System is to foster the stability, integrity and efficiency of the nation's monetary, financial and payment systems and to promote optimal economic performance.

To this end, the Federal Reserve Bank of Chicago serves the public interest by participating in the formulation and implementation of national monetary policy; supervising and regulating state member banks, bank holding companies and foreign bank branches; providing financial services to depository institutions, designated financial market utilities, and the U.S.

government; and promoting consumer protection and community development.

The Seventh Federal Reserve District serves a five-state region, comprising all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin.

The Seventh District has more individual banks than any other Federal Reserve District.

It also comprises a considerable part of the nation’s manufacturing base — especially capital goods and consumer durables — as well as agricultural production and food processing.

Supervision & Regulation Department:
Supervision and Regulation (S&R) plays a critical role in The Federal Reserve Bank of Chicago's core mission, supervising regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, financial holding companies and savings and loan holding companies.

Our duty is to foster the stability, integrity and efficiency of the nation's monetary, financial and payment systems to promote optimal economic performance.

We seek individuals who hold themselves to the highest standards, who flourish in an environment of collaboration and innovation.

Our most successful staff have strong critical thinking skills, as well as strong verbal and written communications capability.

Job Summary:
The Federal Reserve Bank of Chicago has an immediate opening within the S&R department for a Senior Vice President (SVP) of the National Programs, Policy and Risk division, with ultimate responsibility for approximately 75 employees.

This position serves as a division head and is a member of the S&R Executive Committee that provides strategic direction, leadership and expertise for the department.

This position directs the efforts of several critical teams involved in System’ National Programs, including the Large Institution Supervision Coordinating Committee (LISCC), Shared National Credit (SNC), and the Supervisory Stress Testing Programs.

In addition, the Wholesale Credit Risk Center (WCRC), a center of excellence for the Federal Reserve System, provides wholesale data management and analytics in support of supervisory activities across multiples portfolios and activities.

Finally, the group is also...