Executive/Senior Vice President - Head of Supervision & Regulation

Company

Federal Reserve Bank of Boston

Executive/Senior Vice President, Head of Supervision and Regulation

Executive/Senior Vice President, Head of Supervision and Regulation

POSITION SUMMARY

The Federal Reserve Bank of Boston is seeking a proven leader as our next Executive/Senior Vice President (E/SVP) of Supervision and Regulation, bringing a strategic, collaborative mindset as well as exemplary management and communication skills to the role.

 This department is responsible for the supervision and regulation of large, regional, and community banking organizations.

The head of Supervision and Regulation is expected to build strong working relationships with the leadership teams at First District banking institutions, as well as his or her Federal Reserve System and Board of Governors counterparts.

The Supervision and Regulation department serves the public by:


* Promoting public confidence in financial services firms through high-value contributions to System supervision and regulatory efforts, with an emphasis on First District banking organizations.


* Protecting consumers by ensuring financial institutions comply with laws and regulations, while encouraging those institutions to responsibly meet the needs of their communities.


* Contributing to financial research and policy by providing expert analysis of current and emerging risks faced by domestic and global financial services firms.

The head of Supervision and Regulation oversees approximately 265 professional team members, including officers, managers, examiners, economists, specialists, and analysts.

He or she reports to the president and CEO of the Bank.  As a member of the Bank’s Executive Committee, he or she contributes to setting the strategic direction and policies of the Bank and serves as a role model for employees and the communities that the Bank serves.

The head of Supervision and Regulation is a member of the System’s Supervision Committee, which oversees the execution of the System’s supervisory responsibilities, and additionally a member of the System’s Large Institution Supervision Coordinating Committee, which coordinates supervision of the nation’s most complex financial institutions.

The individual delivers trusted leadership, locally and nationally, in Bank- or System-wide committees and groups and in working effectively with the Board of Governors and their staff.

In addition, the successful candidate must have a strong commitment to public service and establish and maintain strong relationships with the vice chair of supervision and other important Board colleagues. 

ABOUT THE FEDERAL RESERVE BANK OF BOSTON

The Federal Reserve System was founded by Congress in 1913 and serves as the central bank of the United States.

Its fundamental mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems, to promote optimal economic performance.

The Federal Reserve Bank of Bos...