Senior Manager - Governance & Controls

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.

Supervision + Credit (S+C) is responsible for the supervision and regulation of state member banks (SMBs), bank holding companies, savings and loan holding companies, financial holding companies, data service providers, trust companies, and foreign banking organizations that operate in the Twelfth District. Supervised institutions are in all states of the District and range in size and complexity from small community organizations to some of the largest banking organizations in the country.

The Risk Specialist Team has a fantastic opportunity to add a Sr. Manager - Governance & Control to our group.  We provide specialized examination support for our District Community and Regional Bank portfolios, as well as for national programs, particularly to the Large Institutions Supervision Coordinating Committee (LISCC), Large and Foreign Banking Organization (LFBO), and Significant Service Provider (SSP) programs. We also contribute to local and national surveillance efforts and work on a variety of System projects and policy initiatives.

We are looking for you.  Beyond technical expertise in the risk space, you are a seasoned leader who is passionate about supporting your team to develop to their highest potential.  You are an outstanding coach, able to assess you team’s strengths and weaknesses and provide actionable plans and honest feedback to support them in moving toward their goals.  You are self-aware and seek feedback on your leadership and possess high “EQ”.  In this important role, you will lead a team of five to ten risk specialists and commissioned examiners responsible for assessing nonfinancial risks and related governance and risk management processes at large financial institutions and service providers, as well as at regional and community institutions as necessary.

Essential Responsibilities:

• Promote staff development by establishing clear performance goals, providing frequent direct feedback, and supporting professional talent development.
• Ensure supervisory activities are appropriately completed, coaching, and mentoring to team members as appropriate.
• Serve as a subject matter expert in non-financial risk areas, including engaging in the identification and monitoring of trends in the 12th district and at the System level. Contribute to the horizontal perspective of governance and controls and non-financial risk management.
• Provide independent review and challenge during vetting of various supervisory assessments, annual ratings, and supervisory plans.
• Represent S+C at the System-level, leading and/or participating in System work groups oriented around risk management and horizontal risk identification.
• Build and lead relationships with external collaborators, including System staff, staff at other Reserve Banks, and senior management of supervised financial institutions.
• Maintain subject matter expertise in governance and controls and non-financial risk management by participating in System and external trainings as well as leading and participating in examination activities of high risk and complex firms.

Requirements:

• Bachelor’s degree in business, technology, or related fields of study, or equivalent work experience. Advanced degree preferred.
• Typically requires ten or more years of direct supervisory or comparable banking, or financial industry experience.
• Typically requires seven or more years of people leadership experience with an emphasis on developing and coaching team members with diverse backgrounds.
• An examiner commission issued by the Board of Governors of the Federal Reserve System, or other financial institution regulatory agency such as the Office of the Comptroller of the Currency (OCC) or Federal Deposit Insurance Corporation (FDIC) is ultimately required.  This includes commissioned-level examiner experience from a State department.  If one does not possess the commission, the hired candidate will be expected to enroll, and complete the program.
• Proven ability to influence at all levels of an organization, with strong analytical, problem solving, communication and project management skills.
• Knowledge of and experience evalu