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Senior Supervision Analyst

Senior Supervision Analyst

Federal Reserve SystemDetroit, MI
30+ days ago
Job type
  • Full-time
Job description

Company

Federal Reserve Bank of ChicagoThe Federal Reserve Bank of Chicago (7th District) is one of 12 regional reserve banks in the United States, along with the Federal Reserve Board of Governors (Board) 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.

Supervision and Regulation (S&R) plays a critical role in the Federal Reserve Bank of Chicago's core mission, supervising 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.

About the Position :

As a Senior Supervision Analyst, you will have responsibility for resource allocation strategy, execution and reporting for the 7th District and Federal Reserve System (System) Cybersecurity Program, and for providing pre-examination analytics and products for Community Bank Safety and Soundness (S&S) and Consumer Compliance (CC) and Community Reinvestment Act (CRA) examination processes.

The level of work is generally considered advanced, and you must be able to work under minimal supervision. This position has no direct reports and will report to the Business Operations Manager.

Your Responsibilities :

Resource Allocation Strategy, Execution, and Reporting

  • Ensure all 7th District supervisory events are scheduled to meet the supervisory mandate in accordance with Board standards and guidance to effectively meet and efficiently allocate department resources for supervisory activities, and to promote and facilitate cross-district sharing
  • Produce 7th District resource allocation analytics and reporting
  • Analyze cybersecurity supervisory priorities across the Large and Foreign Banking Organizations (LFBO) and Significant Service Providers (SSP) portfolios and allocation of System Cybersecurity Program resources to the highest priority activities
  • Develop and communicate supervisory analytics to the Board of Governors executive and System executive stakeholders to inform prioritization of the highest priority LFBO and SSP cybersecurity supervisory activities
  • Work closely with the Board of Governors executive and System executive stakeholders to ensure System Cybersecurity Program resource allocation strategy reflects the strategic direction of the Federal Reserve System
  • Draws on professional experiences and expertise to determine best practices and makes recommendations to improve current business practices; participates in efforts to make changes in business practices
  • Develops, implements, and leads project plans, timelines and milestones for complex projects
  • Builds and maintains strategic work relationships and networks with both internal and external stakeholders, such as other Reserve Banks and the Board of Governors

Pre-Examination Analytics

  • Support business partners and the supervisory process by conducting data analysis and producing pre-exam packets for high-risk and / or complex supervised institutions (CC / CRA Packets, S&S supervisory and Bank Secrecy Act pre-scopes)
  • Perform data collection and risk identification of S&S loan portfolio data provided by high risk and / or complex supervised institutions
  • Manipulate loan data to generate samples for transaction testing at S&S and CC / CRA supervisory events
  • Coordinate and facilitate pre-exam (CC sample discussion and S&S scoping meetings) and supervisory planning meetings
  • Review examination scope memo and examination request letter material for high-risk and / or complex supervised institutions
  • Develop expertise in the examination processes and using supervisory tools and other tools to optimize productivity

    • Your Background :

  • Bachelor's degree or equivalent experience
  • Five plus years of direct work-related experience
  • Proficiency in MS Excel, Tableau, Power BI preferred
  • Applicants must be a U.S. Citizen or hold a green card with the intent to become a U.S. Citizen
  • Demonstrates the ability to understands and execute risk focused supervision and processes the ability to help others to do so; demonstrates the ability to apply complex concepts and inter-dependencies in completing tasks
  • Demonstrates technical aptitude
  • Demonstrates advanced analytical and problem solving skills
  • Demonstrates independent and critical thinking and decision making abilities as well as have strong written and oral communication abilities
  • Demonstrates the ability to provide effective direction or consultation
  • Possesses the ability to coach / guide and provide guidance and constructive feedback to all levels of staff
  • Possesses strong teamwork skills and the ability to build and work collaboratively within and across work teams
  • Demonstrates the ability to manage time and projects effectively by adjusting quickly to new and different priorities
  • Demonstrates aptitude to leverage relevant technology and software applications

    • What we offer :

  • Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
  • A continuous learning environment with opportunities to gain new skills and grow your career

    • Location :

    This is a hybrid position. Your presence will be expected at one of the 7th District offices—Chicago, Des Moines or Detroit

    Additional Requirements :

  • Ability and willingness to travel up to 5%.
  • As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses / domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse / domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
  • 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.
  • This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education / employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
  • This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

    • Full Time / Part Time

    Full time

    Regular / Temporary

    Regular

    Job Exempt (Yes / No)

    Job Category

    Bank Examination

    Work Shift

    First (United States of America)

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