Chicago, IL, 60684, USA
3 days ago
Senior Community, Regional, and Specialty Bank (CRSB) Examiner – Mergers, Acquisitions & Enforcement
**Company** Federal Reserve Bank of Chicago The Mergers, Acquisitions & Enforcement Team within the Supervision and Regulation Department of the Federal Reserve Bank of Chicago is seeking applications for a Senior Community Regional Specialty Examiner position. The position will fall in our Community Regional and Specialty (CRSB) job family. The Community, Regional, and Specialty Bank (CRSB) Supervision family provides supervisory oversight for financial institutions of varying complexities that have a close relationship with the communities they serve. The CRSB examiner job family also includes members of the Mergers & Acquisitions, Enforcement, and Competitive Factors Unit. The level of work is generally considered advanced, and staff must be able to work under minimal supervision. This position has no direct reports. This individual is expected to engage in Mergers & Acquisitions, Enforcement and Competitive analysis, to support the team, as outlined below.  The CRSB Examiners evaluate and review financial, managerial, competitive, and convenience and needs statutory factors for expansionary proposals for bank holding companies, state member banks, savings and loan holding companies, and foreign banking organizations. Examiners work closely with supervisory teams, Board of Governors’ staff, and other regulatory agencies.   The CRSB Examiners lead the evaluation, development and review of enforcement actions and work with examination supervisory teams to ensure a comprehensive and consistent evaluation of legal and regulatory requirements across all portfolios.  In addition, Enforcement Examiners coordinate with dedicated supervisory and legal teams, as well as other regulatory agencies as needed, to conduct ongoing reviews and appropriate escalation of Suspicious Activity Report (SAR) filings from supervised firms in efforts to combat money laundering and other financial crimes. The CRSB Examiners review banking market definitions, market concentrations and perform analysis on banking market structure to determine how a merger or acquisition would impact a banking market. **Your Responsibilities:** + Lead the evaluation and review of statutory factors for expansionary proposals and legal requirements for enforcement actions and works with examination supervisory teams to provide a comprehensive and consistent evaluation of legal and regulatory requirements across all portfolios and performs continuous monitoring + Assess institutions' overall condition, risk management systems, and compliance with applicable laws, regulations, statutes, and board policy + Draws on professional experience, to develop, make, and present supervisory recommendations and responses to resolve moderately complex to complex issues + Develop and lead project plans, timelines, and milestones for complex expansionary proposals and enforcement cases + Create and provide focused and value-added moderately complex to complex reports, documents, and other correspondence to internal and external stakeholders + Build relationships within the team, department and division and develop relationships with internal and external stakeholders such as other Reserve Banks, the Board of Governors and other regulatory agencies + Provide guidance, training and constructive feedback to less experienced staff and to supervisory teams and provide feedback on staff's performance when leading the evaluation of expansionary proposals and enforcement cases **Your Background:** + Bachelor's degree or equivalent experience + Seven plus years of direct work-related experience + Examiner Commission preferred. If not commissioned, will be required to go through the Examiner Commissioning Program + Possess the ability to understand risk focused supervision and processes + Applies broad knowledge of analytical concepts, practices and procedures to accomplish moderately complex to complex assignments + Demonstrate intermediate to advanced analytical and problem-solving skills + Demonstrate independent and critical thinking and decision-making abilities and have solid written and oral communication abilities + Possess the ability to provide guidance and constructive feedback to less experienced staff and peers + Possess teamwork skills and the ability to build and work collaboratively within and across work teams + Demonstrate the ability to manage time and projects effectively by adjusting quickly to new and different priorities + Possess a proficiency in Microsoft Office products + Possess general business acumen **Location:** This is a Hybrid position which will require your presence at one of our 7th District offices (Chicago, Des Moines, Detroit) **What we Offer:** + Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off and transit benefit. + A continuous learning environment with opportunities to gain new skills and grow your career. + Onsite gym and subsidized cafeteria **Other Requirements:** + There is 5% travel required + This 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 not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship. + As a condition of employment, Federal Reserve Bank of Chicago 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 official if necessary. + **This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.** _We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status_ **Full Time / Part Time** Full time **Regular / Temporary** Regular **Job Exempt (Yes / No)** Yes **Job Category** Bank Examination **Work Shift** First (United States of America) _The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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. Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday\_Privacy\_Notice.pdf)
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