Senior Manager - Community & Regional

Federal Reserve Bank of RichmondWhen 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.

• Motivate people to deliver results with enthusiasm and build an effective, cohesive team
• Provide oversight, direction, and leadership to teams performing supervision of financial institutions, ensuring that regulatory findings are communicated properly, accurately, and timely
• Provide oversight of the activities of those responsible for ensuring that all work is performed in adherence to accepted industry standards and regulations
• Effectively convey goals and objectives of unit to team members and facilitate understanding of how those goals and objectives contribute to the vision, mission and goals of the Department, the Bank, and the System.
• Be involved and influential on local and Federal Reserve System workgroups
• Supervise direct reports by assigning and monitoring work activities, providing oversight and guidance as needed; conduct mid-year and annual performance evaluations; provide ongoing coaching, and resources to identify development needs regarding job performance and progressively more responsible assignments
• Identify operational efficiencies, seek improvements by evaluating and refining processes and procedures
• Regularly interact with all levels of officers and managers to provide expertise and resolve complex supervision, regulation, and risk issues
• Foster relationships with Board staff, other regulators, and peers System wide
• Identify emerging trends and industry issues
• Deliver concise and well written supervisory documents and communicate findings to supervised institutions, the Board of Governors, and Reserve Bank management
• Provide recommendations, interpretations, and consultative services to key stakeholders on institutional supervision issues
• Willing and able to travel up to 10% of the time, economic and public health conditions pending
• Perform other duties as assigned

• 3-5+ years of supervisory experience or demonstrated management of staff with varied backgrounds/credentials or other relevant experience
• Broad knowledge, ability to interpret, and apply regulatory guidance
• Bachelor’s degree
• Examiner commission and credentials preferred
• Expertise in problem solving, creativity and innovation to determine problem areas and provide fresh approaches to solving complex financial institution risk issues
• Advanced analytical, planning, problem-solving, and organizational skills required to direct and lead staff
• Outstanding oral and written communication, with an ability to negotiate with all levels of Bank management, the Board of Governors and staff

• Candidates should review the
  Bank’s Employee Code of Conduct
  to ensure compliance with conflict of interest rules and personal investment restrictions.
• If you need assistance or an accommodation due to a disability, please notify
  rich.recruitment@rich.frb.org
  .
• Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).
• 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 an enhanced background check 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.
• Under Conflict of Interest guidelines administered by the Board of Governors of the Federal Reserve System, examining personnel may not participate on an examination of a financial institution or affiliate if the examiner was employed by the financial institution or affiliate within the past 12 months.
• Please review
  Bank’s Employee Code of Conduct
  to ensure there are no major issues related to your previous employment and current financial interests (relevant sections are 5.3 and Appendix B, Parts I, II and III). FRB ethics rules generally prohibit employees and their immediate families from owning investments in banks, savings associations, or their holding companies (Section 5.3). Additionally, employees engaged in Supervision and Regulation may be subject to borrowing and deposit restrictions. These employees may need to recuse themselves from certain supervisory work based on:
  • Their borrowing relationships (Appendix B Parts I.1, II.1 and II.2)
  • If a financial institution employs a member of the employee’s immediate family (i.e. spouse, child, parent, or sibling) (Appendix B Part I.3 and Part II.3)
  • If the individual was employed by the financial institution or affiliate within the past 12 months (Appendix B Part I.3 and II.3).
  • In certain cases, the recusal may be so extensive it could materially reduce the effectiveness of the prospective employee’s job responsibilities.
• The hiring range for Sup Reg Credit C&R – Sr Mgr is $148,100 - $185,100 annually
• Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.
• Applications will be reviewed on a rolling basis.
• Applications will be accepted until 5:00 PM on Friday, February 9th, 2024

Full timeRegularYesSupervisory/ManagementFirst (United States of America)