Senior Community, Regional, and Specialty Bank (CRSB) Examiner- Regional and Community Bank Supervision

Company

Federal Reserve Bank of Chicago

The Federal Reserve Bank of Chicago is one of 12 regional reserve banks in the United States, along with the Federal Reserve Board of Governors in Washington, D.C., which make up the nation's central bank. The Bank is committed to adhering to a culture of excellence, respect, integrity and responsibility.

As part of its core mission, the Supervision & Regulation (S&R) Department of the Federal Reserve Bank of Chicago is responsible for supervising and regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, and financial holding companies. Organizations within the boundaries of the Seventh District are located within Illinois, Indiana, Michigan, Wisconsin, and Iowa. S&R plays a critical role in The Federal Reserve Bank of Chicago's core mission, supervising regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, financial holding companies and savings and loan holding companies. Our duty is to foster the stability, integrity, and efficiency of the nation's monetary, financial and payment systems to promote optimal economic performance.

This position is under the Safety and Soundness examinations of Community Banks for institutions under $10 billion in assets. The Community, Regional & Specialty Bank (CRSB) Supervision family provides supervisory oversight for financial institutions of varying complexities that have a close relationship with the communities they serve. Members of the CRSB job family generally conduct full scope or target examination and inspections of CRSB firms by working with different teams and staff across the department and through interaction with institution executives with broad responsibilities.

The Senior CRSB Examiner uses knowledge to lead small shell bank holding company inspections under $3 billion in assets. The Senior CRSB Examiner will review holding company inspection reports, provide content for application recommendations, and review and draft responses to regulatory requests from bank holding companies (dividends, restructure of debt, and capital restructures). The level of work is generally considered advanced, and staff must be able to work under minimal supervision. This position has no direct reports.

Your Responsibilities:

• Lead and participate in bank holding company inspections to ensure the successful completion of the inspection including the assessment of the institution’s overall condition, risk management systems, and compliance with applicable laws and regulations; perform continuous monitoring

• Create and provide focused and value-added reports, documents, and other correspondence to internal and external stakeholders

• Develop and present supervisory recommendations and responses to resolve highly complex issues

• Develop and lead inspections and project plans, timelines, and milestones for basic and moderately complex examinations

• Develop relationships within the team, division, and department

• Provide guidance, training and constructive feedback to less experienced staff

Your Background:

• Demonstrate the ability to understand and execute risk focused supervision and process

• Bachelor's degree or equivalent experience

• Seven plus years of direct work-related experience

• Demonstrate the ability to apply knowledge in completing assignments

• Commission preferred; if you are not commissioned, you will be required to go through the Examiner Commissioning Program (ECP) and become commissioned

• Demonstrate intermediate to advanced analytical and problem-solving skills

• Demonstrate independent and critical thinking and decision-making abilities as well as have solid written and oral communication abilities

• Possess the ability to provide guidance and constructive feedback to less experienced staff and peers

• Possess strong teamwork skills and the ability to build and work collaboratively within and across work teams

• Demonstrate the ability to manage time and projects effectively by adjusting quickly to new and different priorities

• Demonstrate aptitude to leverage relevant technology and software applications

• Possesses general business acumen

What we offer:

• Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, and transit benefit.

• A continuous learning environment with opportunities to gain new skills and grow your career.

• A wide range of Diversity, Equity, and Inclusion community groups as well as active