Federal Reserve Bank of New York
Assists in executing the supervisory plan and meeting supervisory mandates for one or more risk stripes and/or institutions. Assists in developing the supervisory plan for non-complex to moderately complex risk stripes and/or institutions.
Role Description
Experienced: Acts as a seasoned individual contributor. Works independently with limited supervision, and may manage projects/processes. Coaches and reviews the work of other professionals. Faces problems that are difficult and sometimes complex. Influences others regarding policies, practices, and procedures. Tactical (40%) –focused on the plans to achieve goals and objectives –the “how”, Transactional (60%) –carries out defined steps or processes.
Achieves operational targets with significant impact on departmental results. Works independently on larger, complex projects/ assignment. Manages entire projects or processes within their job area. Performs work under intermittent supervision with significant autonomy and discretion; plans and arranges short-term work. Meets less clearly defined goals.
Communicates with parties within and outside of their own function, which may include external organizations. Influences parties within and outside of their function at an operational level regarding policies, procedures, and practices.
Requires higher knowledge of their job area. Has practical knowledge of project and process management. Experienced understanding of business line and of specialized discipline and an understanding of the overall Bank.
Provides resolution to a diverse range of recognizable complex problems. Analysis is required to identify root cause. Uses judgment within defined boundaries to develop alternate solutions, both long and short term. Problem/Task resolution timeframe: Inclusive of shorter timeframes, but typically the majority of tasks take three to six months to resolve.
[Assists in executing the supervisory plan and meeting supervisory mandates for one or more risk stripes and/or institutions. Assists in developing the supervisory plan for non-complex to moderately complex risk stripes and/or institutions.
Core Responsibilities
[Participates in firm specific and horizontal examinations and develops well supported supervisory assessments. Assists in executing continuous monitoring regimes including meetings with management, review and analysis of internal risk reports, performance reports, budget projections, business plans, and committee meeting minutes and other materials for assigned institutions. Analyzes current industry practices, conditions and trends to identify inherent/emerging risks as financial products/markets evolve. Prepares presentations and findings regarding risks and supervisory concerns to internal stakeholders and firm management.]
Demonstrated relevant experience.
Touchstone Behaviors
Communicate Authentically - Empathetically engage one another with direct and transparent dialogue and listening. Actively discuss viewpoints with respect and compassion in a timely and candid manner, taking into account verbal and nonverbal cues. Ask questions, learn from each other, and share information widely to move the Bank's work forward.
Collaborate Inclusively - Inspire a diverse and inclusive environment that empowers others to contribute meaningfully. Intentionally bring a diverse set of people together to achieve positive business results.
Drive Progress - Grow and adapt to changing priorities in the Bank. Experiment with new concepts and take appropriate risk to drive innovation. Remain curious and action oriented, navigating through ambiguity and uncertainty to drive outcomes.
Develop Others - Equitably champion, mentor, and develop others to grow professionally. Demonstrate vulnerability and empathy to create a trusted environment.
Take Ownership - Establish an environment of action and excellence by holding self and others accountable to execute to the highest standard.
Full time
Regular
Yes
Supervision Family Group
First (United States of America)
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.
The Richmond Fed is one of 12 independent regional Reserve Banks that, along with the Board of Governors in Washington, D.C., serve as our nation’s central bank. Together, we’re working to help you be more confident in your financial decisions and in our nation’s economic and financial systems.
We serve the public and communities in the Federal Reserve’s Fifth District, including the Carolinas, Maryland, Virginia, West Virginia and our nation’s capital. We’re headquartered in Richmond, Virginia, with offices in Baltimore, Maryland, and Charlotte, North Carolina.
The Federal Reserve has an impact on your financial well-being and the broader economy by helping promote stable prices, employment and moderate interest rates. We also help ensure the safety and soundness of the financial system — from working with banks to make sure they’re financially healthy, to providing a secure and efficient way to get your payments get from point A to point B. We provide teachers with tools to educate their students about the economy. And we connect with community and business leaders and organizations to better understand local economic conditions, as well as help understand and address economic issues facing low income communities.
Learn more at richmondfed.org, or follow us on:
• Facebook (federalreservebankofrichmond)
• Twitter (@richmondfed)
• Instagram (@richmondfed)
• YouTube (richmondfed)
