Financial Analyst Team Lead – Financial Institution Supervision recruitment
INSTITUTIONAL OVERVIEW:
The Complex Financial Institutions function is responsible for the development and execution of an effective continuous risk-focused supervisory program for the most complex financial institutions in the Second Federal Reserve District. This includes understanding the risk profile, governance structure, and strategy of the firm and identifying institutional-specific areas of concern. Its primary objective is to maintain safe and competitive U.S. and global banking systems.
Responsibilities
The Financial Analyst will be responsible for monitoring and assessing financial performance, including:
- Leading the development of the Financial Condition rating assessment in the annual roll-up process
- Leading the evaluation of the firm's Basel 2/3 implementation and internal capital assessment and allocation processes
- Integrating information from Risk Specialists about the firm's risk management framework and processes to obtain a deeper understanding of the firm's risk-adjusted returns on capital
- Analyzing, in collaboration with both Business Line Specialists and specialists in Financial Sector Analysis, drivers of the firm's revenues/earnings and the sensitivity of earnings to changes in the macroeconomic and competitive environments
- Evaluating, in collaboration with Business Line Specialists, strategic and tactical decisions by the firm
- Monitoring market developments by tracking relevant external sources (media, analyst reports, etc) and
- Leading and/or assisting in the preparation of various internal supervisory analyses and supervisory communications to the firm
- Managing, training and developing junior staff
Skills
- Strong written and verbal communication skills, with the ability to synthesize information effectively
- Strong quantitative skills, including the ability to interpret financial statements and risk reports of banking and other financial institutions
- Ability to assimilate new information and keep abreast of a rapidly evolving financial services landscape
- Self management, as evidenced by the ability to take initiative and ownership of assignments, produce results under tight time constraints both independently and as a member of a team, and operate effectively given rapidly evolving priorities
- Strong collaboration skills and ability to build effective working relationships within FISG and with stakeholders external to FISG (e.g., Board staff, other supervisory agencies)
- MBA and/or CFA are preferred
Financial Analyst Team Lead positions are available in NY and Southern CT.
This position requires access to confidential supervisory information, which is limited to 'Protected Individuals' as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.
This is a New York-based opportunity and out-of-district candidates would be required to relocate.