Senior/Group Vice President of Supervision

Company

Federal Reserve Bank of Philadelphia

This position is responsible for the efficient and effective supervision of institutions within the portfolio, as well as compliance with Board policies, guidance, and mandates.

This includes responsibility for the supervision of bank holding companies, savings and loan holding companies and state member banks located within the Third District and includes savings and loan holding companies within the Second District as well.

This role is responsible for the oversight of all core supervision which includes the following business units: safety and soundness examinations and off-site monitoring; information technology examinations; fiduciary examinations; enforcement; and applications.

To succeed in this role, you must have strong leadership skills with the ability to understand, apply, and explain regulatory and supervisory actions.

You must also have strong strategic planning skills with the ability to implement the department and Reserve Banks’ strategic vision, as well as demonstrate the ability to motivate and lead diverse groups and develop future leaders.

This posting is a dual grade posting.

Candidates who have a slightly lower level of experience, education, or qualifications may also be considered.

The salary range for this position is: $249,500 - $359,500.

Final salary and offer will be determined by the applicant's background, experience and skills, as well as internal equity and alignment with market data.



* Bank examinations and holding company inspections - responsible for all Third District supervisory events.

Ensure that all events are conducted in a timely manner, meeting all Board of Governors’ (Board) mandates.

Ensure that supervisory decisions are appropriate and in accordance with Board guidance.  Responsible for effective and timely communication with supervised institutions regarding examination and inspection results and enforcement actions.


* Regulatory applications - provide oversight for the regulatory applications function.

Ensure that decisions regarding regulatory applications are appropriate, consistent with Board guidance, and handled in a timely manner.


* Participate in updates and discussion of supervisory matters with the Bank’s senior management and Directors as appropriate in cooperation with the Officer in Charge.


* Staff hiring and development - responsible for talent management functions within the core supervision function.  Ensure that staff progress through the System training program from onboarding to commissioning in a timely manner.

Oversee resource management in core supervision to ensure an appropriate pool of qualified staff is available to conduct supervisory activities.


* Management development - ensure direct reports demonstrate effective leadership behaviors.

Provide development opportunities and timely feedback to support behaviors consistent with SRC and the Reserve Bank’s leadership competencies.


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