Associate Examiner/Examiner/Senior Examiner
Associate Examiner/Examiner/Senior Examiner - Community Supervision
The Federal Reserve Bank of Cleveland is part of the nations central bank. Weve provided many opportunities for professional growth during our history. For twelve years in a row, weve been named One of Northeast Ohios Best Places to Work by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications. At our state-of-the-art offices we are seeking innovative thinkers with vision to build the framework that will carry the Bank into the future. Join our team! Associate Examiner/ Examiner/ Senior Examiner Community Supervision Cleveland, Cincinnati or Pittsburgh Summary: Use your diverse experience to make a difference for the institutions we examine. Within Community Supervision you will be exposed to a variety of areas and opportunities to make an impact, whether leading an examination/inspection or serving in a key role. As an examiner you will conduct examinations/inspections of savings and loan holding companies with total assets less than $10 billion. Additionally you will be responsible for identifying risks through on- and off-site monitoring activities to ensure institutions are operating in compliance with banking laws and regulations. Responsibilities: Serve in a high profile leadership role as Examiner-In-Charge of medium to large and/or higher risk savings and loan holding companies. When not serving in the capacity of Examiner-in-Charge, will lead or assist on reviews of specific areas of savings and loan holding company activities or operations, with an emphasis on high risk areas or activities. Serve as Central Point of Contact for savings and loan holding companies with assets between $1 and $10 billion. In this capacity, plan and execute all phases of supervisory activities, including on-site inspection and off-site periodic surveillance activities. Maintain effective collaboration and communication with financial institution management and primary regulators of the depository institution. Ensure examination/inspection scopes are well-thought out, are targeted to the areas of highest risk, and demonstrate effective and efficient use of resources. Provide strong leadership of the examination/inspection process from inception to closure. Is self-motivated and sets high expectations for self and for others, and holds self and others accountable for achieving established and agreed-upon expectations. Demonstrate a comprehensive understanding of examination/inspection findings and the risks they present to the institution. Convey the results of an examination/inspection to an institutions management and boards of directors in an accurate, clear and concise manner. In addition, demonstrate the ability to clearly articulate, in writing and orally, the corrective action required by an institutions management and board of directors. Proactively and effectively communicate with all levels of Reserve Bank management and interact and communicate with Board of Governors Staff, including at the officer-level. Able to provide clear and concise explanations and support for supervisory findings, ratings and recommendations for enforcement actions, as applicable, to Reserve Bank and Board Staff. Interact with other examiners in a manner that openly and readily facilitates and fosters the sharing of experiences, insights, and knowledge. Exhibit personal qualities and characteristics that reflect a willingness to coach and mentor all colleagues. Coordinate with and interact with District and out-of-District peers, to encourage and foster greater consistency in examination/inspection approaches and help to drive sound and best practices throughout the department and across the Federal Reserve System. Perform other duties as assigned or requested Requirements: Bachelor's Degree in Accounting, Finance, or Business Management; advanced degree and/or certification (PMP, CPA, CFE, CBA, CFA, CIA) a plus 4+ years of related work experience: Regulatory experience preferred, to include leading large community or regional savings and loan examinations (experience supervising holding companies a plus) If candidate does not possess regulatory experience then a minimum of 4 years commercial banking experience is required, to include knowledge of/experience with the lending, or loan review, process (consumer, small business loans, residential real estate, and commercial/commercial real estate). In addition, experience with bank branch operations, audit, and risk management is also required. Ability to identify and communicate risks through the examination/inspection process Sound financial analysis, accounting, problem solving, and judgment skills are required Excellent oral and written communication skills Proven analytical abilities Strong technical knowledge including the ability to understand and analyze financial statements Ability to work independently and as part of a team are a must Must be willing to travel 80% of the time Position can be located at our Cleveland, Cincinnati, or Pittsburgh locations PLEASE NOTE: This position requires 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. 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") but do not include (i) a permanent resident alien who fails to apply for naturalization within six months of the date the alien first becomes eligible to apply for naturalization and (ii) an alien who has applied on a timely basis, but has not been naturalized as a citizen within 2 years after the date of the application, unless the alien can establish that the alien is actively pursuing naturalization. If you are selected for an interview, you will be required to present documentation of your eligibility prior to the interview.