Cross Functional Examination Team Manager I

Federal Reserve SystemPhiladelphia, PennsylvaniaOn-siteFull-timeStaff, 8–12 yearsListed 1 hour ago

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About this role

## Company
Federal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

Reporting to the AVP, LFBO you will assist the CPCs and DCPCs in supervisory activities for supervised LFBOs/Large Banking Organizations (LBOs). Firms in the LFBO portfolio generally have an asset size greater than $100 billion and have complex operations. With minimal supervision, the CFE team manager provides input into the development of the supervisory plan, oversees specific supervisory activities, reviews supervisory products, and maintains understanding of the firms' business strategies, financial condition, and risk management practices. The CFE team manager manages a team of examiners and is accountable for personnel, development, and associated administrative responsibilities.

What You Will Do:

- Help develop LFBO supervisory plans for idiosyncratic events and consults on plans relating to other portfolios.
- Help coordinate respective scheduling activities for the supervisory portfolios.
- Coach and mentor examination staff through the commissioning program, continuing professional development, and on-the-job training.
- Oversee the development and communication of supervisory findings and required actions.
- Ensure corrective action is taken within the timeframes committed to by management.
- Ensure supervisory activities are completed following Reserve Bank and Federal Reserve System (FRS) standards.
- Participate on examinations, inspections, and monitoring activities.
- Coordinate supervisory activities with dedicated supervisory teams, supervisory portfolios, other regulatory agencies, governmental agencies, and several risk specialists and senior officials within the FRS and at the BOG, when applicable.
- Demonstrate expertise on banking and regulatory related practices, standards, trends, and issues and serves as a resource for examination staff, Reserve Bank management, and management of the supervised institution.

Additional Responsibilities:

- Support and implement FRS and Reserve Bank's core business process expectations and changes, as applicable.
- Oversee the work of the designated team and contribute to their development, performance management, and compensation decisions.
- Demonstrate developing leadership and manage direct reports by setting priorities, ensuring accountability, reviewing work products, facilitating talent management and succession planning, assessing development needs, and delivering coaching/training.
- Maintain peer networks for risk comparisons.
- Handle other assorted administrative responsibilities, including overseeing travel expenses, computer resources, employment interviews, and maintaining performance-related records.
- Foster an environment in which employees are encouraged to identify and implement Departmental and Bank-wide quality improvement initiatives.
- Ensure that employees perform tasks in conformance with applicable guidelines, standards, and safety/security practices.
- Demonstrate Core competency skills at related levels, both internally and externally.
- Accountable for adherence to Custody Control Principles and Standards; the Information Security Manual; and all other Bank/Departmental control procedures to include Committee on Sponsoring Organizations (COSO) guidelines.
- Comply with all applicable information security policies, guidelines, and practices.

What You Have:

- You bring energy and enthusiasm to new challenges. Comfortable moving forward with minimal planning. Identify and cease opportunities for improvement.
- Work cooperatively and collaboratively within the team and across the organization. Share relevant information accurately and appropriately. Support the success of team members, navigate interpersonal conflicts constructively, and leverage the strengths of others to accomplish goals.
- You provide professional, regular, consistent, and meaningful information to all appropriate parties and ensure mutual understanding and adapts appropriately for audience.
- Make decisions based upon a mixture of analysis, insight, experience, and judgment. Delivers reliable solutions and recommendations over time and are often sought out by others for advice and problem solving.
- Foster a culture of responsibility for one's own actions and decisions and ensure the team demonstrates a commitment to accomplishing work in an ethical, efficient, and cost-effective manner.
- Respond effectively to shifting demands by adjusting planned work, gathering relevant information, and applying critical thinking to navigate competing priorities.
- Identify opportunities to refine workflows to improve efficiency, morale, and cost effectiveness, contributing to unit and organizational process enhancements.

Your team: You will lead a team of examiners.

Education and Experience:

- Bachelor's degree required. Master's Degree in business or finance preferred.
- Completed the required course work related to the examiner commissioning program and passed the commissioning examination.
- Commissioned by the Board of Governors (BOG) or possesses a commission from a federal banking supervision agency.
- Minimum of five years of financial and risk management experience. Three years of experience with a regulatory agency preferred.

Knowledge:

- Excellent interpersonal and organizational skills.
- Ability to handle multiple assignments and projects in an efficient, effective manner.
- Proficency in Microsoft Office
- Ability to analyze financial and business information and to draw conclusions supported by analysis. Strong communication skills, both oral and written.

Other Requirements:

- Valid Driver's license.
- Ability to travel up to 30 percent of the time.

The salary grade for this position is: (Grade 17). Final salary and offer will be determined by the applicant's background, experience and skills, as well as internal equity and alignment with market data.

We offer a great benefits package that features:

- Medical (4 options), Prescription, Dental (3 options), and 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 and 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…

Additional Information:

- The Federal Reserve Bank of Philadelphia takes your information privacy seriously. Federal Reserve Bank of Philadelphia staff will only email you from the “@phil.frb.org” domain or through the Workday system “[email protected]”. If you are initially contacted by phone, feel free to request that the caller provide you with their email address to validate their identity. If you have any questions about the validity of someone who contacts you regarding this position, please email the Talent Acquisition team at [email protected].
- We are an equal opportunity employer committed to hiring the best candidates and to providing equal employment opportunity to all persons without regard to race, color, religion, sex, pregnancy, national origin, age, genetic information, disability, military service, or any other basis protected by law.
- We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment. If you need assistance or an accommodation due to a disability, please email us at [email protected].
- All Federal Reserve Bank of Philadelphia employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the Recruiter for this posting, who can provide you contact information for our ethics officer if necessary. You should review the Bank's Employee Code of Conduct (http://Bank's%20Employee%20Code%20of%20Conduct)to ensure compliance with conflict of interest rules and personal investment restrictions.
- You will be required to complete a background investigation including drug testing as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be drug screened for the presence of marijuana. Any hiring decision based on a background investigation will be made following an individualized assessment that is job-related and consistent with business necessity and applicable law. Employment may not begin until the Bank accepts the results of the background investigation.
- Due to the nature of the information you will have access to, we require that you also complete a more in-depth enhanced background screening (Peraton moderate or high).
- All employees will be subject to FBI fingerprint / criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
- his position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents must sign a declaration of intent to become a U.S. citizen when eligible to do so and pursue a path to citizenship. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a permanent resident and a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo an applicable background check and comply with all applicable information handling rules.
- The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
- By applying to this position, you agree you will be available to work on-site in a full-time capacity.
- Learn more about (https://www.philadelphiafed.org/about-us) the Philly Fed and its culture. Learn more about working (https://www.philadelphiafed.org/careers)for the Philly Fed.

#LI-Onsite

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## Full Time / Part Time
Full time
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## Regular / Temporary
Regular
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## Job Exempt (Yes / No)
Yes
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## Job Category
Supervision Family Group
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## Work Shift
First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers ( https://rb.wd5.myworkdayjobs.com/FRS ) or through verified Federal Reserve Bank social media channels.

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