Associate Examiner/Examiner/Senior Examiner at Federal Reserve Bank (FRB)
Minneapolis, MN 55401
About the Job
The Bank Exams Tailored to Risk (BETR) program is the Federal Reserve's approach to tailoring supervision of community and regional banks. The BETR program was adopted in June 2019 (SR 19-9) and is responsive to Congress's call to enhance tailoring of supervisory programs. Although risk focusing is a long-standing practice for bank supervisors, BETR enhances this practice by taking a rigorous and structured approach to combining data analytics and examiner judgment to plan the scope of bank examinations.
This position will have responsibility for leading and supporting key projects under the BETR Program including developing/updating examination procedures, designing and implementing process enhancements and facilitating Program MIS. The position is highly visible in the Federal Reserve System and requires the ability to lead meetings, innovate/adapt, present in front of large groups and effectively engage with a variety of stakeholders.
Responsibilities
Closely work with BETR Program Officer to lead/co-lead the development and updating of examination procedures.
Coordinate and oversee field testing of new or revised procedures which includes engaging with examination staff to gather feedback and incorporating feedback in a way that meets the needs of all stakeholders.
Champion the BETR program and advocate for continuous improvement, including soliciting constructive BETR Program feedback and designing/implement process improvement.
Draft, review, organize, and evaluate documents prepared by self and others.
Communicate, describe, and discuss BETR program with key stakeholders such as examination staff, management groups, and Board of Governors staff, and subject matter experts, IT/platform support groups.
Develop and deliver training related to the BETR examination procedures to examination staff.
Support our efforts to develop and maintain reporting for BETR Leadership and management groups. This requires being comfortable working with data including at least basic coding skills and intermediate to advanced knowledge of Tableau and Excel.
Participate in examinations frequently enough to maintain active commissioning status, which will include analyzing bank information/data, documenting conclusions, and communicating results. When participating on examinations this person will act as an ambassador of the BETR Program and incorporate lessons learned from examination work into process improvement for the Program.
Managing multiple ongoing projects and balancing that work with our ongoing BETR program work.
Effectively communicate information and advocate for a course of action through various channels including writing (e.g. articles, memos), formal presentations (e.g. to various management groups), and informal presentations (e.g. ongoing meetings, advisory groups).
Build and maintain working relationships with FRS staff by proactively reaching out to stakeholders, being responsive to business line needs and feedback, and through effective ongoing communication
Safeguard equipment, sensitive data, and resources according to the SRC Information Security and Data Handling Handbook