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Form of workThe Large Financial Banking Organizations (LFBO) Division within the Supervision and Regulation (S&R) Department of The Federal Reserve Bank of Chicago is seeking candidates for a position focusing on the assessment of Legal and Compliance within a large and complex financial institution.
The Senior Large Bank Examiner will be responsible for determining the effectiveness of a large and complex financial institution’s Legal and Compliance function and a core line of business. The individual will lead supervisory assessments and examinations over these areas and associated non-financial risks such as financial crimes and fiduciary risk. Additionally, this individual will also as be responsible for managing relationships with bank management, regulatory agencies, risk specialists, consumer compliance partners, and system counterparts and groups.
Additionally, as a member of a Large Bank dedicated supervisory team, the individual will participate in assessing the institution's risk management practices across other risk topics. Resource workload permitting, the individual may also be engaged in other team, department, and system initiatives.
Your Background:
- Bachelor’s degree or equivalent experience.
- Specific concentration and coursework in disciplines such as, economics, statistics, accounting, finance, or business and law preferred.
- Experience in Large Bank Supervision is preferred.
- Possesses seven plus years of direct work-related experience.
- Demonstrates independent thinking, critical analysis, and decision-making abilities
- Has strong written and oral communication skills.
- Possesses an understanding of financial institution risks, risk management & governance, including a working knowledge of MIS and metrics, portfolio analysis & management, and loss estimation methods.
- Possesses the ability to provide guidance and constructive feedback to less experienced staff.
- Possesses strong teamwork skills and the ability to build and work collaboratively within and across teams, including with individuals from external organizations.
- Possesses the ability to lead and influence a team with limited oversight and to resolve complex to highly complex issues in a productive and timely manner.
- Demonstrates the ability to manage time and projects effectively by adjusting quickly to new and different priorities.
- Possesses a general business acumen.
- A Federal Reserve System Examiner Commission or is progressing towards such is preferred.
What we offer:
- Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, and transit benefit.
- A continuous learning environment with opportunities to gain new skills and grow your career.
- A wide range of Diversity, Equity, and Inclusion community groups as well as active employee resource groups and mentorship programs.
- Onsite gym and subsidized cafeteria.
Location:
This is a hybrid role. Your presence will be expected at one of the 7th District offices—Chicago, Des Moines or Detroit
Other Requirements:
- Ability and willingness to travel up to 25%
- This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship.
- As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
- This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status
Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryBank ExaminationWork ShiftFirst (United States of America)The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
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