Fiduciary Risk Specialist (Trust Examiner)

Federal Reserve Bank of Philadelphia•Saint Louis, MO

11d•Onsite

About The Position

The Federal Reserve Bank of St. Louis is seeking a Fiduciary Risk Specialist / Trust Examiner to join its Supervision, Credit and Learning Division. The role leads and participates in examinations of fiduciary activities at financial organizations in the Eighth Federal Reserve District. It evaluates fiduciary risk profiles and activities, including risk management, compliance, asset management, and operational risk, and communicates examination findings and supervisory conclusions to internal and external stakeholders. The position works as part of a team and may involve leading or participating in bank examinations or bank holding company inspections. The examiner assesses board and management oversight, policies and procedures, internal controls, and management information systems, and checks compliance with banking laws and regulations. The role also involves creating professional supervisory reports and contributing to the coaching and development of peers. The position is onsite and is not eligible for remote status. The employee must live in or relocate to the Eighth District and work from the St. Louis, Missouri; Louisville, Kentucky; or Memphis, Tennessee office. Overnight travel is required, averaging approximately 50 nights per year and 20–30% of workdays within the district. Trips may include stays of up to five consecutive days; travel is mostly by vehicle, with some air travel possible. Flexible onsite work arrangements and a compressed work schedule are available. Relocation incentives are available. The listed salary range is $90,000–$155,000. The position is full-time, regular, and exempt.

Requirements

Bachelor’s degree in a business-related field or commensurate experience.
Five years of relevant banking experience, such as lending, capital markets, Bank Secrecy Act, or related experience. Candidates with less experience may be considered at a lower job grade or salary.
Ability to lead or participate in bank examinations or bank holding company inspections, or key areas within those activities.
Sound ability to create professional supervisory reports.
Knowledge of finance, accounting, lending, banking operations, or related fields.
Ability to work in a team setting as an enthusiastic team member or team leader.
Must live in or relocate to the Eighth District and work from the St. Louis, Louisville, or Memphis office.
Ability to meet the overnight travel requirement: approximately 20–30% of the year, or about 50 nights.

Nice To Haves

Certified Fiduciary and Investments Risk Specialist (CFIRS), Certified Trust Financial Advisor (CTFA), or Juris Doctor (JD).
Interest in coaching, mentoring, and developing peers.

Responsibilities

Lead and participate in examinations of fiduciary activities of Eighth District financial organizations.
Evaluate financial organizations’ fiduciary risk profiles and activities and communicate supervisory conclusions to internal and external stakeholders.
Assess risk management effectiveness, including board and management oversight, policies and procedures, internal controls, and management information systems.
Ensure compliance with banking laws and regulations.
Analyze and communicate examination findings as part of a team.
Create professional supervisory reports.
Coach, mentor, and develop peers.

Benefits

Medical, prescription, dental, and vision insurance, with no waiting period.
401(k)/Thrift Plan with generous employer match.
Employer-funded pension plan.
Paid vacation, sick time, and holidays.
Flexible Spending Accounts and Healthcare Spending Accounts.
Life insurance and long-term disability insurance.
Tuition reimbursement for undergraduate and graduate studies.
Parental leave.
Free onsite 24/7 fitness center, including training classes and locker room/shower facilities at the St. Louis office.
Onsite coffee shop at the St. Louis office.
Additional convenience benefits and discounts.
Flexible onsite work arrangements and a compressed work schedule.
Relocation incentives are available.