Fiduciary Risk Specialist (Trust Examiner)

rb; St. Louis (MO); On-site; USD 90,000 - 155,000; Full time

Benefits offered by this job

Medical insurance

401k/Thrift Plan

Employer-funded Pension Plan

Paid Vacation/Sick Time and Holidays

Flexible Spending Accounts

Job summary

The Federal Reserve Bank of St. Louis is seeking a Fiduciary Risk Specialist / Trust Examiner to join our examiner team in the Supervision, Credit and Learning Division.

You will lead and participate in examinations of fiduciary activities and assess fiduciary risk management, compliance, asset management, and operational risk. The role emphasizes clear communication, risk management analysis, and teamwork, with responsibilities across examinations of fiduciary activities and communicating

Qualifications

• Bachelor's degree in business-related field or commensurate experience.
• Five years' relevant banking experience.
• CFIRS/CTFA/JD preferred.
• Ability to lead or participate in bank examinations or bank holding company inspections.
• Sound ability to create professional supervisory reports.
• Knowledge in finance, accounting, lending, banking operations.
• Interest in coaching, mentoring, and developing peers.
• Teamwork orientation: capable of contributing as a member or leader.

Responsibilities

• Evaluate a financial organization's fiduciary risk profile and communicate supervisory conclusions to internal and external stakeholders.
• Assess the effectiveness of risk management, including board and management oversight, policies & procedures, internal controls and management information systems.
• Ensure compliance with banking laws and regulations.

Skills

Teamwork

Communication

Leading bank examinations

Supervisory reporting

Finance and banking knowledge

Coaching and mentoring

Leadership

Education

Bachelor's degree in business-related field

CFIRS/CTFA/JD

Job description

Company

Federal Reserve Bank of St. Louis

Our Supervision, Credit and Learning Division is growing and looking for a Fiduciary Risk Specialist / Trust Examiner, to join our team of trust examiners. Responsibilities include leading and participating in examinations of fiduciary activities of Eighth District financial organizations, and assessing fiduciary risk management, compliance, asset management, and operational risk. You will work as part of a team to analyze and communicate examination findings of financial institutions.

We value clear communication, risk management analysis experience and individuals who enjoy working as a member of a team. Our people are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Our examiners conduct community and regional bank examinations, and bank holding company inspections.

Travel Requirement

Overnight travel is required, or if in range, commutable travel. You will travel approximately 50 nights per year, averaging 20-30% of workdays within the Eighth Federal Reserve District. It includes overnight stays (up to five consecutive days), travel mostly by vehicle, but some air travel may be involved as well. The St Louis Fed diligently works to provide a positive Work / Life Balance through flexible on-site work arrangements and a compressed work schedule.

We have opportunities to work in our St. Louis, MO, Louisville, KY, and Memphis, TN, offices.

Responsibilities

• Evaluate a financial organization's fiduciary risk profile and activities to communicate supervisory conclusions to internal and external stakeholders.
• Assess the effectiveness of risk management, including board and management oversight, policies & procedures, internal controls and management information systems.
• Ensure compliance with banking laws and regulations.

Qualifications

• Bachelor's degree in business-related field or commensurate experience
• Five years' relevant banking experience (e.g., lending, capital markets, Bank Secrecy Act, or related experience) Candidates with less experience may be considered at a lower job grade or salary.
• One of the following certifications or degrees preferred: Certified Fiduciary and Investments Risk Specialist (CFIRS), Certified Trust Financial Advisor (CTFA) or Juris Doctor (JD)
• Ability to lead or participate in bank examinations or bank holding company inspections, or key areas within those activities
• Sound ability to create professional supervisory reports.
• Knowledge in areas of finance, accounting, lending, banking operations or related fields.
• Interest in coaching, mentoring, and developing peers.
• Work in a team setting, serving as an enthusiastic team member or team leader.
• Overnight travel is required 20-30% of the year (approximately 50 nights).
• You must live in, or relocate to, the 8th District and work out of our Memphis, TN, Louisville, KY or St. Louis, MO, offices. Relocation incentives are available.
• This position will work onsite and is not eligible for remote status.

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.

Salary: $90,000 - $155,000

• 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 and Holidays
• Flexible Spending Accounts and Healthcare Spending Accounts
• 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 (St. Louis office)
• Onsite Coffee Shop (St. Louis office)
• Additional Convenience Benefits, Discounts and More...

At the Federal Reserve Bank of St Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and stride to be a workplace where all employees can thrive. 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 a