Corporate Compliance Examiner

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 Large Financial Institutions Supervision (LFIS) unit has an immediate opening for a highly motivated professional to join the Dedicated Supervisory Team (DST) supervising Truist Financial Corporation. In this position, the candidate will collaborate with talented regulatory professionals within SRC and across our nation’s central bank.

The successful candidate will be an integral part of the DST, and this position will provide an opportunity to holistically assess the corporate compliance function in addition to other risk areas.  The ideal candidate will be team-spirited, an enthusiastic learner, willing to take on a variety of assignments spanning all risk disciplines, and have meaningful experience in one or more of the following areas: 

• Corporate Compliance
• BSA/AML
• Operational Risk Management
• Enterprise Risk Management
• Corporate Governance

As an examiner reporting to a Senior Manager, candidates have ongoing responsibilities over Corporate Compliance as well as supporting their teammates across the DST. The candidate will be asked to provide high-quality financial institution supervision through active dialogue with the firm, examinations, ongoing monitoring, horizontal activities, and special projects. In executing these responsibilities, the candidate will develop a comprehensive vertical view of the supervised firm.

What You Will Do

• Demonstrate leadership and supervisory perspective by leading and/or performing examinations, including Federal Reserve System horizontal reviews.
• Conduct baseline/ongoing monitoring, review information and lead ongoing meetings to draw conclusions, sharing observations and emerging risks and trends. Synthesize information on the supervised firm in quarterly deliverables to escalate current and emerging risks and recommend a proposed supervisory response or activity.
• Work independently and demonstrate well-reasoned judgement in decision making and clearly communicate conclusions to senior management of the supervised firm and internal stakeholders. This includes preparing presentations for Reserve Bank management on examination conclusions, supervisory issues, emerging risks, or specific topics of interest.
• Maintain professional working relationships with stakeholders and proactively collaborate across the DST, SRC Large Bank Organization (LBO) unit, Federal Reserve System, and with other regulatory agencies to resolve issues and build consensus regarding supervisory matters. 
• Participate in or lead projects, initiatives, and committees that are of strategic importance to SRC or the Federal Reserve System.
• Complete Examiner Commissioning Program (if not commissioned). 

Qualifications and Skills:

• 5+ years of industry or regulatory experience. Prior LBO horizontal supervision assessment experience is a plus.
• Bachelor’s degree in relevant field is required. Graduate degrees, relevant professional certifications (FRM, CFA, etc.)
• Commissioned Bank Examiners are highly preferred
• Proven ability to lead and work in a team environment and focus on high quality execution.
• Self-starter with a positive attitude and strong desire to learn and coach others and exhibits flexibility to quickly change direction.
• Excellent written and verbal communication abilities with strong problem solving and analytical skills with the ability to analyze large amounts of information, enable sound decision-making and create meaningful change.
• Ability to work in a detailed manner as well as to look strategically across a function to develop connections and themes identifying risk and material concerns.
• Up to 20% travel may be required and will vary depending on the location of the successful candidate.

Other Requirements and Considerations:

• Candidates should review the