Supervisory Manager – Complex Financial Institutions – Financial Institution Supervision Group recruitment

The FRBNY has an opening for a Supervisory Manager (SM) for a Large Banking Organization (LBO) headquartered in New York City. This organization is the bank holding company for two credit card banks and major nonbank subsidiaries

Responsibilities

The SM is responsible for the overall continuous supervision of the firms operations and for managing a team of dedicated examiners onsite. In this role, the SM must understand this organization's financial condition, business model, strategic plans, vulnerabilities, corporate governance and risk management processes, and material risk exposures. The SM must provide clear and concise supervisory messages in a timely manner. Critical to this role, it is important that the SM place strong emphasis on people management and supporting objectives of the Function, Group, and Bank. In addition, the SM must develop good working relationship with numerous stakeholders to implement an effective supervisory program. The SM will report to a senior officer in CFI who has supervisory responsibility for the LBO portfolio. In order to carry out these responsibilities, the SM will:

The combined effect of these activities will be a deep and nuanced understanding of the firm, a clear supervisory message about where the firm stands, and an agreed upon program for addressing matters that require attention.

Skills

Requirements

The ideal candidate has demonstrated leadership and management experience and at least ten years of direct or related business experience. In addition, candidates must have

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.