Senior Community, Regional, and Specialty Bank (CRSB) Examiner – Mergers, Acquisitions & Enforcement

Company

Federal Reserve Bank of Chicago

The Mergers, Acquisitions & Enforcement Team within the Supervision and Regulation Department of the Federal Reserve Bank of Chicago is seeking applications for a Senior Community Regional Specialty Examiner position. The position will fall in our Community Regional and Specialty (CRSB) job family.

The Community, Regional, and Specialty Bank (CRSB) Supervision family provides supervisory oversight for financial institutions of varying complexities that have a close relationship with the communities they serve. The CRSB examiner job family also includes members of the Mergers & Acquisitions and Enforcement Unit. The level of work is generally considered advanced, and staff must be able to work under minimal supervision. This position has no direct reports.

This position is a multifunctional role working on Mergers & Acquisitions filings and Enforcement cases.

The Mergers & Acquisitions Examiner’s primary responsibility is to evaluate and review financial, managerial, competitive, and convenience and needs statutory factors for expansionary proposals for bank holding companies, state member banks, savings and loan holding companies, and foreign banking organizations. Mergers & Acquisitions Examiners work closely with supervisory teams, Board of Governors’ staff, and other regulatory agencies.

Enforcement Examiners lead the evaluation, development and review of enforcement actions and work with examination supervisory teams to ensure a comprehensive and consistent evaluation of legal and regulatory requirements across all portfolios. In addition, Enforcement Examiners coordinate with dedicated supervisory and legal teams, as well as other regulatory agencies as needed, to conduct ongoing reviews and appropriate escalation of Suspicious Activity Report (SAR) filings from supervised firms in efforts to combat money laundering and other financial crimes.

Your Responsibilities:

• Lead the evaluation and review of statutory factors for expansionary proposals and legal requirements for enforcement actions and works with examination supervisory teams to provide a comprehensive and consistent evaluation of legal and regulatory requirements across all portfolios and performs continuous monitoring
• Assess institutions' overall condition, risk management systems, and compliance with applicable laws, regulations, statutes, and board policy
• Draws on professional experience, to develop, make, and present supervisory recommendations and responses to resolve moderately complex to complex issues
• Develop and lead project plans, timelines, and milestones for complex expansionary proposals and enforcement cases
• Create and provide focused and value-added moderately complex to complex reports, documents, and other correspondence to internal and external stakeholders
• Build relationships within the team, department and division and develop relationships with internal and external stakeholders such as other Reserve Banks, the Board of Governors and other regulatory agencies
• Provide guidance, training and constructive feedback to less experienced staff and to supervisory teams and provide feedback on staff's performance when leading the evaluation of expansionary proposals and enforcement cases

       

Your Background:

• Bachelor's degree or equivalent experience
• Seven plus years of direct work-related experience
• Examiner Commission preferred. If not commissioned, will be required to go through the Examiner Commissioning Program
• Possess the ability to understand risk focused supervision and processes
• Applies broad knowledge of analytical concepts, practices and procedures to accomplish moderately complex to complex assignments
• Demonstrate intermediate to advanced analytical and problem-solving skills
• Demonstrate independent and critical thinking and decision-making abilities and have solid written and oral communication abilities
• Possess the ability to provide guidance and constructive feedback to less experienced staff and peers
• Possess teamwork skills and the ability to build and work collaboratively within and across work teams
• Demonstrate the ability to manage time and projects effectively by adjusting quickly to new and different priorities
• Possess a proficiency in Microsoft Office products
• Possess general business acumen

Location:

This is a Hybrid position which will require your presence at one of our 7th District offices (Chicago, Des Moines, Detroit)

What we Offer:

• Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, pai