Liquidity Risk Analytics Supervising Examiner

Company

Federal Reserve Bank of New York

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What We Do:

The Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The objectives of supervision are to:

• Evaluate and promote the overall safety and soundness of supervised institutions

• Ensure supervised institutions’ compliance with relevant laws and regulations

• Facilitate the stability of the financial system of the United States

• Support the growth and stability of the U.S. economy.

Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of individual firms and through other professionals focused on analytical, policy and risk matters. Supervision is coordinated with other US agencies.

The Large and Foreign Banking Organization (LFBO) Function is responsible for monitoring and assessing the safety and soundness of two large domestic and all foreign-owned firms with U.S. Operations (FBOs) in the Second District.

Your role as an LFBO Liquidity Risk Analytics Supervising Examiner:

For the LFBO Portfolio, you will work in a dynamic, team environment and play an important role in helping the Federal Reserve carry out its regulatory responsibilities. The Liquidity Risk Analytics Supervising Examiner is responsible for executing elements of the LFBO liquidity risk supervisory plan, leading and performing analytical work, developing relevant MIS, and communicating supervisory messages using liquidity data provided by the LFBO firms. In this role you will report to the Liquidity Lead responsible for the independent review of LFBO firms’ liquidity profile and positions. The successful candidate will need to support and collaborate with an extended group of bank examiners to identify and analyze relevant financial trends, developments, or conditions which may require additional supervisory monitoring or supervisory action. You will help to maximize the understanding of LFBO firms’ quantitative liquidity information within examiner teams and synthesize key insights for senior management.

To succeed, you will need to demonstrate intellectual curiosity about global banking and finance risks, have a passion for data analysis, a willingness to work independently on projects and the ability to communicate and collaborate effectively.

Core responsibilities include:

• Acting as a Liquidity Risk Analytic Supervising examiner covering firms within the LFBO portfolio.

• Leading or participating in firm specific/horizontal examinations or monitoring events and developing well supported supervisory assessments.

• Deploying routine and advanced data analytics to highlight, measure, and monitor trends and conditions affecting financial institutions.

• Presenting analytical analysis of supervised institutions to Federal Reserve management, staff, and other supervisory authorities.

• Developing knowledge of liquidity risk management practices, risk metrics, risk and data definitions, and underlying concepts; engaging with supervised institutions to investigate trends and test analytical hypotheses.

• Performing work under limited supervision with extensive autonomy and discretion; planning and arranging short- and long-term work.

• Advancing a high standard of operational excellence in executing the supervisory program and associated operational processes.

• Actively providing guidance, mentoring, coaching, and training to other employees within the job area.

• Supporting a high standard of operational excellence in executing the supervisory program and associated operational processes.

What we are looking for:

• Advanced understanding of financial markets, banks, broker dealers, bank holding company structures and funding products.

• Strong command of large and foreign bank regulatory and risk management frameworks along with related key liquidity metrics. 

• Advanced working knowledge of MS Excel, PowerPoint, and T