Safety & Soundness Examiner/Senior Examiner at Federal Reserve Bank (FRB)

Posted in Nonprofit - Social Services 4 days ago.

Type: Full-Time
Location: Minneapolis, Minnesota





Job Description:

Company

Federal Reserve Bank of Minneapolis

Are you looking for an opportunity where you can contribute, work a flexible schedule, and help promote a safe and sound financial system? The Federal Reserve Bank of Minneapolis is looking for financial professionals and recent graduates to fill an Examiner and Senior Bank Examiner position in its Safety & Soundness business line in the Supervision, Regulation, and Credit Division. We are looking to fill the position in either Minneapolis or Helena, MT.

Supervision, Regulation, and Credit is responsible for supervising state member banks and bank holding companies within the Federal Reserve System's Ninth District. In this role, you will participate on and lead safety and soundness examinations of community and regional banking organizations; evaluate organizations' financial condition, operational and lending functions, and risk management practices; conduct meetings with management and boards of directors; and prepare written reports of examination findings.

The Federal Reserve offers a comprehensive training and career development program, allowing you to build on your current knowledge and experience. Assistant and Associate Examiners participate in an intensive multi-year training program to become Commissioned Bank Examiners. We also provide advanced training opportunities and help develop specialized knowledge, including professional certifications.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration. We are looking to fill the position in either Minneapolis, MN or Helena, MT. Relocation will be required if you are not local to these areas.

We are not able to provide sponsorship now or at any point in the future for this role.

Responsibilities:


  • Assist or lead and manage supervisory events or serve as head of a functional area at a wide range of supervised institutions, including determining scope, rating, resource needs, and work assignments of crew, and assign appropriate ratings.

  • Draft, review, organize, verify, and evaluate supervisory event documents prepared by self and others.

  • Analyze supervised institution performance regarding laws, regulations, and regulatory policies and support conclusions about overall status of supervised institution regardless of size or complexity.

  • Communicate, describe, support, and discuss findings of supervisory events with Reserve Bank and supervised institution management.

  • Look for and participate in opportunities to enhance skills, including assisting with System or Reserve Bank special projects.

  • Safeguard equipment, sensitive data, and resources according to the SRC Information Security and Data Handling Handbook.

  • Ability to travel on average 50%. Examiners generally travel within the 9th District (Montana, North Dakota, South Dakota, Minnesota, and portions of Michigan and Wisconsin). A standard travel week is Monday – Thursday or Friday.

Qualifications:


  • To be considered for Examiner

    • Highschool diploma AND ten (10) years of progressive related professional experience OR

    • Bachelor`s degree with coursework in business, accounting, finance, information technology/cybersecurity or closely related fields AND four (4) years of progressive related professional experience.



  • To be considered for Senior Examiner

    • Highschool diploma AND twelve (12) years of progressive related professional experience OR

    • Bachelor`s degree with coursework in business, accounting, finance, information technology/cybersecurity or closely related fields AND six (6) years of progressive related professional experience.



  • Experience in examinations, banking regulation, information technology/cybersecurity, or financial services with a focus on loan review, loan analysis, or asset liability management.

  • Strong written, verbal, and interpersonal communication skills. (Writing sample required)

  • Strong analytical skills and detail-orientation.

  • Valid driver's license with acceptable driving record.

  • Acceptable statement of financial interests.

Preferred Qualifications: For the Examiner and Senior Examiner position, credentials and commission strongly preferred. In lieu of examiner credentials, specialized expertise in complex examination area as determined by SRC management may be acceptable.

Salary range for Minneapolis:

Examiner: $98,100 - $122,578 - $147,100

Senior Examiner: $127,900 - $159,820 - $191,800

Salary range for Helena:

Examiner: $88,300 - $110,320 - $132,400

Senior Examiner: $115,100 - $143,838 - $172,600

Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.  

Our total rewards program offers benefits that are the best fit for you at every stage of your career:


  • Comprehensive healthcare options (Medical, Dental, and Vision)

  • 401(k) match, and a fully-funded pension plan

  • Paid time off and holidays

  • Free public transportation passes

  • Annual educational assistance

  • On-site fitness facility 

  • Professional development programs, training and conferences

  • And more…

The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy.

Additional Information:

*The job requires travel. While this job posting notes the ability to travel up to 50%, travel requirements can vary greatly and depend on experience, economic conditions, and resource needs. We expect travel to stay well below 50% going forward, however, a change in circumstances could increase travel requirements.

* 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 naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Bank Examination

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.

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