Large Banking Organizations Central Point of Contact - Supervision Group - Federal Reserve Bank of New York - New York, NY

Large Banking Organizations Central Point of Contact - Supervision Group - Federal Reserve Bank of New York - New York, NY -

Main Location: NY-New York Metropolis

Full-time / Half-time: Full-time

Worker Standing: Common

Additional time Standing: Exempt

Job Sort: Skilled

Journey: Sure, 25 % of the Time

Shift: Day Job

The Central Point of Contact (CPC) position is liable for creating and executing the Reserve Bank’s supervisory plan for an establishment. This consists of managing roughly six examination employees to perform supervisory goals.

Obligations:
Oversees improvement and execution of steady danger-targeted supervisory program for an establishment, together with:
Identifies supervisory priorities which embrace creating supervisory technique and plan with enter from the devoted group members.
Adapts the supervisory strategy to mirror modifications within the establishment’s danger profile and System danger priorities.
Evaluates the danger profile of the establishment to know the core danger exposures and whether or not these dangers are adequately measured, monitored, and managed by consolidated group.
Oversees the execution of the supervisory program and ensures that the scope paperwork for inspections/evaluations are applicable and staffing of the inspections/critiques are with the suitable degree of examiner experience.
Communicates points, inspection/evaluate findings, methods, tendencies, and rising points to Reserve Bank senior management and Board employees.
Maintains skilled and productive working relationship and communication with the establishment’s senior management and key enterprise line managers to watch developments and developments, in addition to resolves points and communicates supervisory findings.
Develops and maintains efficient working relationship with different bank regulators to coordinate the identification and analysis of materials dangers arising from the establishment’s operations.
Develops the annual supervisory report and critiques quarterly assessments drafted by the LBO workforce.
Works collaboratively with CPCs of different giant and overseas banking organizations throughout the System to reinforce consistency in strategy, to facilitate sharing of greatest practices, and to determine rising points.
Offers enter relating to Federal Reserve System supervisory steerage and processes.
Manages a devoted staff of examiners who every have duty for a number of danger or monetary areas.
Leads, coaches, and mentors the devoted group by offering imaginative and prescient and steerage, reviewing work merchandise, giving well timed and constructive suggestions, and holding individuals accountable to realize outcomes.
Makes hiring selections and offers promotion suggestions.
Participates in wage administration and conducts efficiency evaluations.
Participates in ongoing skilled improvement, attends System conferences, serves on System committees or work teams, and oversees workforce participation in System initiatives.
Contributes to the achievement of the objectives and aims of the Federal Reserve Bank of New York Supervision Group.
Offers assignments and coaching, making an allowance for the wants of the Reserve Bank and profession improvement objectives of people.
Drives operational excellence and ensures compliance with System and Reserve Bank insurance policies and tips for supervisory actions, workpaper requirements, scheduling and budgeting.
Safeguards gear, delicate knowledge, and assets based on Supervisory Info Dealing with Coverage (SIHP).

Qualifications:
Bachelor’s Diploma in a associated subject. Grasp’s diploma most popular. Examiner credentials most popular.
Robust communication, influencing, collaboration, and managerial expertise wanted.
Substantial associated expertise (eight or extra years) in monetary providers, banking laws, examinations, and/or a excessive degree of experience in a monetary providers or different related specialty at a big complicated banking group.
Journey – place requires as much as 25% journey to monetary establishments to carry out the important features of the job

This place requires entry to confidential supervisory info, which is restricted to “Protected People” as outlined within the U.S. federal immigration regulation. Protected People embrace, however aren’t restricted to, U.S. residents, U.S. nationals, U.S. everlasting residents who aren’t but eligible to use for naturalization and U.S. everlasting residents who’ve utilized for naturalization inside six months of being eligible to take action.

The Federal Reserve Bank of New York is dedicated to a various workforce and to offering equal employment alternative to all individuals with out regard to race, shade, faith, nationwide origin, intercourse, sexual orientation, gender id, age, genetic info, incapacity, or army service.

TO APPLY:
All candidates ought to submit a canopy letter and resume by way of the Bank’s FedCareers web site and apply to req 247295.

SUBMIT YOUR CV HERE

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