Officer / Assistant Vice President, Safety and Soundness

Federal Reserve Bank of New York; St. Louis (MO); On-site; USD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking institution dedicated to maintaining a stable economy. As an Officer for Safety and Soundness, you'll play a pivotal role in overseeing examination processes and fostering a diverse and equitable workplace. This position offers a unique opportunity to lead a talented team while ensuring compliance with regulatory standards. With a commitment to professional development and a supportive work environment, you'll be empowered to make a significant impact on the financial landscape. If you have a passion for leadership and a strong background in banking, this role is an exciting next step in your career.

Benefits

Medical, Dental, and Vision Insurance

401k/Thrift Plan with employer match

Employer-funded Pension Plan

Paid Vacation/Sick Time & Holidays

Flexible Spending Accounts

Flexible Work Schedule

Tuition Reimbursement

Parental Leave

Free onsite Fitness Center

Onsite Cafeteria & Coffee Shop

Qualifications

• 10+ years in banking/regulation with 5+ years in management.
• Requires Examiner Commission from regulatory agency.

Responsibilities

• Supervise examination processes and manage examination staff.
• Promote diversity and oversee recruiting activities.

Skills

Leadership

Relationship Management

Strategic Thinking

Analytical Skills

Problem-Solving

Communication Skills

Education

Bachelor’s degree in finance, accounting, economics or related fields

Job description

Officer / Assistant Vice President, Safety and Soundness

Apply locations

St. Louis, MO
Little Rock, AR
Memphis, TN
Louisville, KY

Time type: Full time
Posted on: Posted 6 Days Ago
Job requisition id: R-0000028686

Company

Federal Reserve Bank of St. Louis. The St Louis Fed is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas with branches in Little Rock, Louisville and Memphis. The St. Louis Fed’s most essential responsibilities include: promoting stable prices and economic growth, fostering 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.

As an Officer for Safety and Soundness, you will maintain the operational excellence of an expanding Safety & Soundness examination, enforcement, surveillance and monitoring functions over Eighth District banks and holding companies by applying knowledge, experience, and judgment. Further, you will maintain high standards for this core work, in accordance with System expectations, and efficiently guide field staff; engage in strategic planning for the unit; develop and maintain strong working relationships with Board staff, state banking agencies and other federal bank regulators; take active roles in System initiatives impacting policy, procedures and operations; strive to maintain strong morale among staff, and act as a role model demonstrating integrity and building a positive work environment.

You will be part of an officer leadership team that jointly manages between 14 and 17 supervisory examiners (4 to 5 each) with 150+ examiners and specialists reporting to those managers. You may also manage or be actively involved in the recruiting, hiring and training function for the entire Safety and Soundness staff (Community Banking Organizations, Regional Banking Organizations, and Significant Service Providers).

You will work on-site from either the St. Louis office or a branch office based on business need. Relocation assistance may be available for candidates that meet certain criteria.

Responsibilities

• Supervise the examination/inspection processes through the direction and management of examination staff.
• Oversee specialty exam activities such as IT, trust, or BSA supervisory activities, and work with the Consumer Affairs Supervision function to ensure the appropriate level of integrated supervision for each state member bank.
• Manage and guide the professional development of staff, including talent management for future managers/officers and the identification and development of plans to address skill gaps.
• Promote a diverse, equitable, and inclusive work environment and oversee recruiting activities that encourage and enhance the overall diversity of the examination staff.
• Engage in System activities including leadership roles, membership, special projects, and other tasks.
• Establish strong working relationships throughout the System and across state and federal regulatory agencies.
• Identify, lead and participate in outreach activities to the industry and the public - includes coordination with other regulatory agencies.
• Identify efficiencies and process improvements, including technology advancements.

Qualifications

• Bachelor’s degree in finance, accounting, economics or related business fields of study or commensurate experience.
• 10+ years of experience in the banking industry and/or regulation to develop the knowledge, experience and judgment to perform the role, including 5+ years of experience managing teams or leading projects.
• Requires an Examiner Commission issued by the Board of Governors or other state or federal bank regulatory agency.
• Extensive, practical experience and training as an examiner.
• Expert knowledge of the banking industry and regulatory requirements.
• Proven successful leadership experience.
• Excellent relationship management skills with all levels of the organization and proven collaborator with varied stakeholders.
• Strong strategic thinking, critical thinking, analytic and problem-solving skills required.
• Highly proficient written and verbal communication skills, including the ability to communicate in an articulate, concise manner to a wide range of audiences.
• A demonstrated commitment to diversity and inclusion.
• Travel (10-20%); willingness to travel overnight.

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 are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive.

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 Family Group

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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