Risk Specialist

Federal Reserve System; Kansas City (MO); On-site; USD 65,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated professional to join their Surveillance and Risk Analysis Department. In this dynamic role, you will play a crucial part in monitoring banking industry performance and analyzing emerging risks. You will leverage your analytical skills to contribute to strategic objectives, engage in meaningful projects, and collaborate with a diverse team. This position offers a flexible hybrid work environment, allowing you to balance your professional and personal life while making a significant impact on the financial landscape. If you are passionate about community banking risk and data analysis, this opportunity is perfect for you.

Qualifications

• 6+ years of relevant experience or 4+ years as a bank examiner.
• Strong oral and written communication skills for presentations.

Responsibilities

• Monitor banking performance and prepare summaries for management.
• Lead quantitative responsibilities and create monitoring tools.

Skills

Analytical Skills

Communication Skills

Problem-Solving

Data Analysis

Financial Trends Knowledge

Initiative

Education

Bachelor's degree in Economics

Bachelor's degree in Business

Bachelor's degree in Finance

Tools

MS Excel

Tableau

SQL

R

Python

Job description

Federal Reserve Bank of Kansas City

Joining the Federal Reserve Bank of Kansas City means that you’re joining a part of the nation’s central bank and playing a key role in promoting strength and stability in our economy, financial organizations, and payments system. Together, we serve the public and each other in an innovative environment that values the highest ethical standards. Here you’ll find opportunities that challenge you and a path to propel your career, united with a diverse workgroup in a clear and common purpose. We offer a flexible / hybrid work environment and competitive compensation and benefits package to support your health, wealth, and life. This position is available at any of our four office locations.

The Surveillance and Risk Analysis (SRA) Department supports the Federal Reserve Bank’s senior management and supervisory functions by providing quarterly analysis of banking conditions, surveillance of emerging risks, assistance with on-site examinations and inspections, and analysis of banking policy issues. The SRA Department has a challenging and rewarding opportunity open for an individual with interest and expertise in community banking risk, banking policy, and / or data analysis. This person will be responsible for contributing to the department’s day-to-day responsibilities and for leading and / or participating in long-term projects that are in-line with our strategic objectives. Strategic objectives include exploring modern and efficient surveillance methods for monitoring banking risks and developing a more complete understanding of factors affecting the community bank business model.

Key Activities:

• Monitor banking industry performance and new and emerging banking policy issues and preparing succinct written summaries and presentations for staff and senior management.
• Contribute to and / or lead department’s quantitative responsibilities through the creation and maintenance of tools and reports designed to monitor banking institutions.
• Leverage knowledge of current financial trends and risks facing the banking industry to create insightful presentations and speaking notes for senior management external engagements.
• May support or participate in a limited number of bank examinations and bank holding company inspections.
• May participate on Federal Reserve System groups reviewing regulatory and industry matters.

Qualifications:

• Typically requires a minimum of six years relevant experience or a minimum of four years relevant bank examiner experience.
• Typically requires a bachelor’s degree in economics, business, or finance.
• An ideal candidate for this position will display a great deal of initiative and agility in their analysis of complex subject matter with an appetite for finding creative and innovative ways to solve problems.
• Strong oral and written communication skills with experience delivering messages to large audiences and / or executive management.
• Demonstrates the ability to influence, collaborate, and build relationships.
• Good understanding of financial markets and the banking industry.
• Strong analytical skills, including the ability to apply, interpret, and explain complex financial and / or quantitative concepts as well as the ability to analyze the potential impact of financial shocks, stress, or regulatory changes.
• Some proficiency and a desire to work heavily with MS Excel (particularly macros / visual basics), Tableau and SQL. Experience with R and / or Python is a plus.
• Professional certifications such as Chartered Financial Analyst (CFA), Professional Risk Manager (PRM), Financial Risk Manager (FRM), Certified Public Accountant (CPA), and Certified Internal Auditor (CIA) are a plus but not required.

Additional Information

Locations:

• Hybrid, 50% on-site requirement.
• Omaha, NE, Denver, CO, Oklahoma City, OK, or Kansas City, MO.
• Not eligible for remote work.

Salary:

• Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location.

Screening:

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 up to a couple of months to be completed. You can begin work before the screening is completed; however, continued employment is contingent on acceptable screening results. The areas screened may include education / employment verification, criminal history, credit history, and reference checks.

In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes.

Sponsorship:

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

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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