Examiner at Federal Reserve Bank (FRB) in Boston, Massachusetts

Job Description:

Company

Federal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank’s vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank

Job Summary:

The Regional and Community Bank supervisory unit is looking for a candidate to join our team. Reporting to an Examination Manager, you will formulate conclusions and effectively communicate findings to bank management to effect positive change and ensure that state member banks in New England are operating in a sound manner and in compliance with applicable laws and regulations.
 

You will be provided with an excellent opportunity for personal and professional growth. The position and job description posted is for an Examiner. However, you will be placed into an appropriate level within the Examiner family based on degree of experience.
 

Responsibilities:

• Serve effectively as an Examiner-In-Charge (EIC) to lead successful completion of an examination including the assessment of an institution’s overall condition, risk management systems, and compliance with applicable laws and regulations.




• Understand supervisory processes, banking processes, and products.




• Understand an integrated risk management approach and the ability to differentiate between critical and non-critical supervisory issues. 




• Under limited oversight, present both orally and in written form to internal and external stakeholders.




• Evaluate management and influence their actions to achieve supervisory goals, while maintaining positive relationships.




• Display good judgement, well-reasoned decision making, and ability to problem solve.




• Provide guidance and constructive feedback to less experienced staff and peers.
   

Qualifications:

• Experience normally acquired through, or equivalent to, the completion of a master’s degree and/or 4+ years of job related experience. 




• Commissioning from the Board of Governors required for examiner position or above




• Experience with asset liability management or credit risk management would be beneficial




• Ability to travel is required (approximately 40% of work schedule on average). 
   

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

• Comprehensive healthcare options (Medical, Dental, and Vision)




• 401K match, and a fully funded pension plan




• Paid vacation and holidays; flexible work environment, healthy workflow




• Generously subsidized public transportation




• Annual tuition reimbursement




• Professional development programs, training and conferences




• And more…
   

The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

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.
 

All employees assigned to this position 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. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.
 

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills 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.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

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.

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Salary:

$131,300.00

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