: Sr. Examiner/Sr. Risk Specialist – Consumer Compliance

Company

Federal Reserve Bank of San Francisco

We are the San Francisco Fed, public servants with a congressionally mandated mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and we are committed to understanding and serving the vibrant, diverse people of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a team united in its purpose to promote an economy that works for everyone. That’s why we offer a flexible hybrid work model that allows you to collaborate with office colleagues on some days, and work from home on others.

The SF Fed’s Supervision + Credit Group is responsible for the supervision and regulation of state member banks, bank holding companies, savings and loan holding companies, financial holding companies, data service providers, trust companies, and foreign banking organizations that operate in the 12th District. Supervised institutions are in all states of our District, and range in size and complexity.  Right now, our team is looking for a Senior Examiner - Consumer Compliance.  These examiners help promote market efficiency and fairness in consumer financial services. They enforce federal consumer protection laws and regulations and promote access to banking services in historically underserved markets through various means, including conducting examinations, investigation of consumer complaints and outreach activities to the banking industry.

We are looking for you!  Our ideal candidate has deep experience and subject matter expertise across all aspects of a compliance management system, including implementation.  We prefer a Commissioned Examiner via the Fed’s Board of Governor’s program or is willing to become commissioned via our program.  Are you ready take your time and talents to a truly mission driven organization?  If so, we want to hear from you!

Essential Responsibilities:

• Participates and leads consumer compliance supervisory events at complex financial institutions in the SF Fed district’s portfolio.
• In both verbal and written format, communicates sound conclusions and recommendations regarding the effectiveness of financial institutions’ compliance management systems.
• Builds and maintains effective working relationships with partners within the Federal Reserve System, as well as with other regulatory agencies and supervised institutions.
• Engages in formal training and mentorship programs for junior staff, including providing performance feedback to management.
• Acts as a subject matter expert for complex financial institution compliance risk management frameworks, providing mentorship to staff and management on matters arising within financial institutions.
• Participates in various conferences, seminars, and other outreach activities to provide current regulatory perspectives to the banking industry.
• Maintains strong knowledge of financial services and regulatory environments, particularly as related to consumer protection laws and regulations.

Requirements:

• Bachelor’s degree in business, economics, finance, accounting, or a related field is preferred.
• Typically requires a minimum of eight or more years of direct or comparable banking, financial industry, or banking supervision experience with exposure to a compliance framework.
• An understanding of risk management and banking principles.
• Strong problem solving and analytical thinking skills.
• Strong verbal and written communication skills.
• Intermediate to advanced familiarity with the Microsoft Office suite, including Microsoft Word, Excel, and PowerPoint.
• Valid driver's license is required.
• Ability to travel up 25 percent.
• Examiner commission issued by the Board of Governors of the Federal Reserve System or other federal banking agency is required for Senior Examiner role.  If one does not maintain an examiner commission, one would be hired as Senior Risk Specialist and enrollment in the Federal Reserve System’s Consumer Compliance Examiner Commissioning Program will be required.
• This position requires access to confidential supervisory information, which is limited to “Protected Individuals.” Protected Individuals include, but are not limited to, U.S. citizens and U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so or who will sign a declaration of intent to apply for naturalization before they begin employment.

#LI-Hybrid

Base Salary Range: Min: $147,