Job Description:

Company

Federal Reserve Bank of St. Louis

The Federal Reserve Bank of St Louis is one of 12 Reserve Banks serving the Eighth District which includes all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas. The St. Louis Fed’s responsibilities include promoting stable prices, economic growth and a sound financial system, providing payment services to financial institutions, supporting the U.S. Treasury's financial operations, and advancing economic education, community development and fair access to credit.

Overview
The Federal Reserve Bank of St. Louis has an opening for a Group Vice President of Regional Banking Organizations (RBOs) and Community Banking Organizations (CBOs) within the Supervision, Credit and Learning Division. The division promotes a safe, sound, competitive and accessible banking system as well as supports learning throughout the Federal Reserve System.

This position reports to the Senior Vice President of the Supervision, Credit, and Learning Division.

Key Responsibilities

Strategic Leadership

• Collaborates with senior leadership to develop and execute Division and organizational strategies aligned with the Federal Reserve System and St. Louis Reserve Bank. Champions and translates the strategies into actionable business priorities and goals.  


• Contributes to strategic organizational and Divisional needs and policies by representing the Division and the District on Bank and System committees. Ensures effective discernment of policy and program implications to the mission, vision, values and resources.


• Builds and maintains strong relationships with counterparts within the Federal Reserve System, St. Louis Reserve Bank and other regulatory agencies.


• Represents the Reserve Bank and the Federal Reserve System in outside speaking engagements related to supervisory policy and expectations.

Supervisory Oversight

• Accountable for all aspects of regulatory supervision related to RBOs and CBOs within the Eighth District. Other duties related to the general oversight of the safety and soundness function are determined on an as needed basis.


• Serves as final arbiter of all key supervisory judgments related to supervised institutions, including bank ratings, supervisory actions, and supervisory strategies.


• Fosters effective communications with constituents and conveys sensitive and critical supervisory decisions to key bank officials and their respective Boards of Directors, attorneys and other professionals.

Operational Excellence

• Leads and develops people and teams, displaying the organizations values and fostering an engaged and effective workforce.  


• Advances the Federal Reserve System’s and St. Louis Bank’s diversity, equity and inclusion programs.


• Manages personnel policies and programs including hiring, onboarding, development, performance management, and compensation.


• Ensures effective and efficient financial planning and execution, strategically aligning resources.

Qualifications

• Bachelor’s degree in business, finance, accounting, management or related field (Master's preferred)




• 10+ years leading and managing multiple, large, cross-functional teams in complex environments (virtual, remote, multi-site, etc.)




• 10+ years of regulatory or equivalent industry experience with a deep understanding of banking concepts, rules, regulations and supervisory policies directly related to RBO and CBO supervision




• General understanding of regulatory banking concepts related to consumer compliance, novel banking, and significant service providers




• Bank examination commission




• Risk Assessment and Sound Judgement: Demonstrated ability to evaluate supervisory expectations and various risks assumed by RBOs and CBOs, apply sound judgment, and take action.




• Leadership: Ability to create a positive leadership impact by gaining respect and trust of others, coaching and mentoring staff, managing change, and creating engaged and motivated teams.  




• Interpersonal Skills: Demonstrated ability to build strong and effective relationships with staff, peers and senior executives.




• Conflict Resolution: Demonstrated ability to deal with conflict in a professional manner.




• Communications: Excellent written and oral communication skills




• Travel: Must be willing to travel as needed to attend exit meetings, outreach events and/or system meetings.

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities to challenge you and propel your growth—along with multiple benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period




• 401k/Thrift Plan with generous employer match




• Employer-funded Pension Plan




• Paid Vacation/Sick Time & Holidays




• Flexible Spending Accounts and Healthcare Spending Accounts




• Flexible Work Schedule available in most departments




• Life Insurance and Long Term Disability Insurance




• Tuition Reimbursement (undergraduate and graduate)




• Parental Leave




• Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities




• Onsite Cafeteria & Coffee Shop




• Additional Convenience Benefits, Discounts and More…

At the Federal Reserve Bank of St. Louis, we believe the Federal Reserve most effectively serves the American public by building a more diverse and inclusive economy. Our commitment to diversity and inclusion, at all levels of the organization, has been one of our core values for many years and remains strong as we continue enhancing our efforts. Learn more about Bank’s culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a U.S. citizen when eligible.

All employees who require access to CSI and/or FOMC information are subject to periodic background investigations and must comply with all applicable information handling policies.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Executive

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice

Apply Now