Assistant Vice President - Bank Supervision Under $100 Billion

Federal Reserve Bank of Philadelphia•Philadelphia, PA

13d•Onsite

About The Position

The Federal Reserve Bank of Philadelphia is seeking an Assistant Vice President to oversee the safety and soundness program for Third District state member banks and holding companies with total assets under $100 billion. This role also includes oversight of relevant savings and loan holding companies in the Second District. The position is accountable for the effectiveness and efficiency of supervisory events, issuance of all required deliverables, and ensuring compliance with Board supervisory policy and guidance. Responsibilities extend to examiner hiring, onboarding, education, and on-the-job training, as well as representing the Reserve Bank in various leadership groups such as the Community Banking Organizations Management Group (CBOMG) and the Regional Banking Organizations Management Group (RBOMG).

Requirements

Bachelor's Degree in a business-related discipline or equivalent work experience.
Master's degree preferred.
A minimum of 5 years' management experience preferred.
Executive level business acumen and leadership skills.
Exceptional interpersonal skills including written and verbal communication skills.
Command Skills: relishing leading and taking unpopular stands when necessary; encouraging direct and tough debate but able to end it and move on; facing adversity head on and being energized by tough challenges.
Developing Others and Direct Reports: providing challenging and stretching tasks and assignments; holding frequent development discussions; being aware of each person's career goals and constructing compelling development plans that are executed; pushing people to accept developmental moves and taking on those who need help and further development; cooperating with the developmental system in the organization.
Motivating Others: creating a climate in which people want to do their best; motivating direct reports and team or project members; assessing each person's hot button and using it to get the best out of him/her; pushing tasks and decisions down; empowering others; inviting input from each person and sharing ownership and visibility; making each individual feel his/her work is important.
Talent Assessment and Insight: being a good judge of talent; articulating the strengths and limitations of people inside or outside the organization; accurately projecting what people are likely to do across a variety of situations.
Dealing with Ambiguity: effectively coping with change; shifting gears comfortably; deciding and acting without having the total picture; not being upset when things are up in the air; not having to finish things before moving on; comfortably handling risk and uncertainty.
Valid driver's license required.
Demonstrated experience leading an organization of comparable complexity and size.
Up to 25% travel required.
Must be able to provide work authorization to prove eligibility to work in the United States.
Must be a U.S. Citizen, U.S. National or U.S. permanent resident who either is not yet eligible to apply for naturalization or who has applied for naturalization within the requisite timeframe. Permanent residents must sign a declaration of intent to become a U.S. citizen when eligible and pursue a path to citizenship.

Nice To Haves

Master's degree
A minimum of 5 years' management experience

Responsibilities

Oversee the safety and soundness program for Third District state member banks and holding companies with total assets under $100 billion, including relevant savings and loan holding companies in the Second District.
Ensure all supervisory mandates and scheduled events are met, promoting risk-driven supervisory decisions supported by collaborative critical thinking and data.
Ensure timely event execution and compliance with local and System procedures, System guidance, and timely issuance of required deliverables.
Ensure staff receive consistent, comprehensive training as they progress to examiner commissioning and complete the Examiner Commissioning Program (ECP), and ensure compliance with Board-mandated examiner training requirements.
Support and coach staff, providing opportunities for ongoing development.
Implement and maintain efficient workflows supported by automated tools, sound business processes, and adequate, relevant skills.
Ensure adequate controls are deployed and regular quality control reviews are completed, reviewed, and any recurring weaknesses are addressed.
Oversee Board-issued policy and guidance reviews, implementation of any under $100 billion-relevant new or updated business processes, and tracking of all.
Maintain examiner resources based on portfolio demand, complexity, and risk.
Maintain a comprehensive hiring process that identifies qualified candidates and ensures the onboarding process is relevant and appropriately aligned with ECP education.
Act as a guide, coach, and mentor for direct reports; set and demonstrate unit tone and culture; promote strong leadership at all levels.
Attend Exit/Board of Director Meetings with senior management and board of directors.
Participate in supervisory outreach for the Reserve Bank and potentially the System, attending meetings in and out of District.
Drive results, change, and innovation.
Build and analyze metrics to measure success.

Benefits

Medical (4 options)
Prescription
Dental (3 options)
Vision Insurance with no waiting period
401k/Thrift Plan with generous employer match
Employer-funded Pension Plan
Paid Vacation/Sick Time & Holidays
Monthly $200 Commuter Allowance
Flexible Spending Accounts and Healthcare Spending Accounts
Flexible Work Schedule available in most departments
Life Insurance
Long Term Disability Insurance
Tuition Reimbursement (undergraduate and graduate)
Parental Leave
Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities
Onsite Cafeteria & Coffee Shop
Additional Convenience Benefits, Discounts and More