Business Advisor - Community & Regional Supervision

Company

Federal Reserve Bank of Richmond

When 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.

About the Opportunity

The Supervision, Regulation, and Credit (SRC) Department’s Community & Regional Safety & Soundness (CRSS) unit has an immediate opening for a Business Advisor (BA) that would report to the unit’s Vice President (VP).  The BA will provide strategic consultation and operational support to the officer, managers and teams in CRSS.  The BA will tactically and strategically support CRSS on communications, internal reporting, policies/procedures, change management and governance. 

What You Will Do (list not exhaustive):

• Serve as Business Advisor to CRSS unit:

  • Utilize strong industry knowledge to provide strategic consultation to division Vice President and Leadership Team

  • Build knowledge and relationships with key stakeholders to drive process improvements, advise on best practices and support critical business decisions. 

  • Develop key communications for CRSS regarding key division, department, Reserve Bank, or System initiatives.

  • Participate, and/or facilitate, CRSS committees regarding change management, quality assurance, outreach, training and metrics. 

  • With the officer team, develop agendas and facilitate unit and leadership meetings; share key takeaways and track action items.

  • Operations support includes review and tracking of the unit’s supervisory responsibilities, including, but not limited to, scheduling, exam deliverables, and issues management.

  • Manage ad hoc projects necessary to execute on unit initiatives, local initiatives, or high-priority system initiatives.

  • May participate in supervisory events to develop and/or maintain supervisory responsibility operational expertise/judgment and analytical skills. 

Qualifications:

• 5+ years of experience in advising or regulatory roles

• Bachelor’s degree or equivalent work experience

• Ability to assimilate, synthesize, and interpret complex data, concepts, and processes contextually, understands more complex concepts and processes.

• Ability to independently lead initiatives and projects including training, coaching, and mentoring, manages complex and sensitive issues with colleagues and key stakeholders

• Excellent communication with the ability to provide clear and concise information and/or instruction to key stakeholders

• Understanding of regulatory and financial risks applicable to financial institutions

• Examiner commission or commensurate industry experience preferred

• Ability to travel up to 10%.  Potentially more depending upon location.

Other Requirements and Considerations:

• 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.).

• 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.

• 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