Applications and Enforcement Examiner/Senior Examiner

Federal Reserve System•Atlanta, GA

3d•Onsite

About The Position

This position is a multifunctional role working on application filings and enforcement cases. Under general oversight, participates in the supervision of financial institutions (state member banks, financial holding companies, domestic and foreign-owned bank holding companies, foreign banking organizations, and non-bank subsidiaries) by evaluating bank applications and proposals consistent with Reserve Bank and Federal Reserve System policies and procedures, identifying and analyzing risk inherent in the applications, reviewing quarterly progress reports, evaluating request from entities operating under supervisory actions, and drafting supervisory enforcement actions and recommendations, when applicable. Responsibilities also include communicating significant issues to management, producing written products that meet standards for accuracy and completeness, and developing well-supported conclusions with thorough, organized documentation files.

Requirements

Evaluates and reviews financial, managerial, competitive, and convenience and needs statutory factors for expansionary proposals.
Lead the evaluation, development, and review of enforcement actions and work with examination teams to ensure a comprehensive and consistent evaluation of legal and regulatory requirements.
Build and maintain strategic work relationships and networks with both internal and external stakeholders, such as other Reserve Banks, Board staff, and other agencies.
May perform examinations and inspections of financial institutions, ensures compliance with applicable laws and regulations, and produces a comprehensive report of findings.
Demonstrates balanced, well-reasoned judgement in decision making and is able to effectively communicate with senior management and directors of supervised institutions under potentially adversarial circumstances.
Assess institutions’ overall condition, risk management systems, and compliance with applicable laws, regulations, statutes, and board policy.
Performs or assists in reviewing and editing work prepared by others for content, clarity and accuracy.
Provides guidance, training, and feedback to less experienced examiners.
May serve as an instructor at formal schools and through on-the-job training.
May serve in Examiner in Charge (EIC) role (possibly with focus on specialty function), which involves planning, coordinating, and monitoring supervisory activities.
May prepare or assist in preparing schedules.
Participates in a variety of continuing professional development programs.
Maintains knowledge of current regulations and industry issues through communications and industry literature.
Develops and recommends appropriate supervisory actions to ensure sound practices.
Prepares informative, well-supported supervisory products and work papers as well as coordinate and lead meetings with senior bank management to ensure strong communication of supervisory expectations.

Nice To Haves

May serve as an instructor at formal schools and through on-the-job training.
May serve in Examiner in Charge (EIC) role (possibly with focus on specialty function), which involves planning, coordinating, and monitoring supervisory activities.
May prepare or assist in preparing schedules.

Responsibilities

Evaluates and reviews financial, managerial, competitive, and convenience and needs statutory factors for expansionary proposals.
Lead the evaluation, development, and review of enforcement actions and work with examination teams to ensure a comprehensive and consistent evaluation of legal and regulatory requirements.
Build and maintain strategic work relationships and networks with both internal and external stakeholders, such as other Reserve Banks, Board staff, and other agencies.
May perform examinations and inspections of financial institutions, ensures compliance with applicable laws and regulations, and produces a comprehensive report of findings.
Demonstrates balanced, well-reasoned judgement in decision making and is able to effectively communicate with senior management and directors of supervised institutions under potentially adversarial circumstances.
Assess institutions’ overall condition, risk management systems, and compliance with applicable laws, regulations, statutes, and board policy.
Performs or assists in reviewing and editing work prepared by others for content, clarity and accuracy.
Provides guidance, training, and feedback to less experienced examiners.
May serve as an instructor at formal schools and through on-the-job training.
May serve in Examiner in Charge (EIC) role (possibly with focus on specialty function), which involves planning, coordinating, and monitoring supervisory activities.
May prepare or assist in preparing schedules.
Participates in a variety of continuing professional development programs.
Maintains knowledge of current regulations and industry issues through communications and industry literature.
Develops and recommends appropriate supervisory actions to ensure sound practices.
Prepares informative, well-supported supervisory products and work papers as well as coordinate and lead meetings with senior bank management to ensure strong communication of supervisory expectations.