Shire Jobs

Mobile Shire Logo

Job Information

FEDERAL RESERVE OF SAN FRANCISCO Sr. Risk Specialist, Large Institution Supervision in SALT LAKE CITY, Utah

CompanyFederal Reserve Bank of San Francisco

We are the Federal Reserve Bank of San Francisco-public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and are committed to understanding and serving the vibrant, expansive communities of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a diverse team united in its purpose to promote an economy that works for everyone.

The Supervision + Credit Group is seeking a highly motivated individual to join its Risk, Policy and Analysis Group (RPAG) to serve as a member of the Federal Reserve System's Large Institution Supervision Coordination Council (LISCC) program. The LISCC program is the Federal Reserve's national supervisory program for the nation's largest most systemic financial institutions. The program is overseen by the LISCC Operating Committee and is driven by hundreds of staff supplied by multiple Reserve Banks and our Board of Governors.

This national program is comprised of five core areas: Capital, Liquidity, Governance and Controls (GandC), Recovery and Resolution Planning (RRP), and the Monitoring and Analysis Program (MAP). The matrix structure of the LISCC program provides that each of the program participants has dual reporting lines: functional reporting to a LISCC program manager and administrative reporting to a local (FRBSF) manager. This position is part of the Wholesale Credit Horizontal Evaluation Team (HET) in the LISCC Capital program. In this important role as a Risk Specialist, Large Institution Supervision you will:

  • Participate in examinations and ongoing reviews over a broad spectrum of wholesale credit risk topics, analyze internal reports, facilitate discussions with institution management, review industry information, and research wholesale credit risk topics affecting the financial services industry.
  • Analyze and contribute to discussions related to assessment of capital adequacy relative to inherent risk based on expected as well as stressed macroeconomic and market conditions.
  • Contribute to the HET's efforts to influence institutions' management actions to achieve supervisory goals, communicate findings to appropriate internal and external stakeholders.
  • Provide expertise to appropriate internal and external partners.
  • Proactively coordinate with colleagues across the LISCC program to incorporate their views into supervisory results and products, including peer perspective.
  • Participate in vetting sessions to discuss supervisory findings.
  • Monitor and document remediation of supervisory issues and elevate issues as appropriate.
  • Communicate regularly with Federal Reserve Dedicated Supervisory Teams, supervised institutions, and regulatory agencies, as well as brief Federal Reserve executive management on appropriate issues.
  • Evaluate credit quality of commercial loan transactions, including participation in Shared National Credit (SNC) examinations, to better understand and assess the quality of wholesale credit risk management and capital modeling.
  • Contribute to policy and practice development by researching, identifying, and surfacing risk issues, including horizontal assessment of risk management practices.
  • Contribute to Federal Reserve System and S+C workgroups, enthusiastically initiate change by seeking opportunities to participate in priority projects.
  • Ensure that major divergent views are surfaced, documented, discussed, and... For full info follow application link.

The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer. Our people reflect the diversity and the ideas of the community we serve.

DirectEmployers