Federal Reserve Bank (FRB)
Senior Risk Specialist (Finance)
The Federal Reserve Bank of San Francisco's (FRBSF) Department of Financial Institution Supervision and Credit (FISC) is seeking a highly motivated individual to join its Risk Specialist Team (RST) within the Risk, Policy and Analysis Group to serve as a member of its Governance and Controls (G&C) Team. FISC supervises financial institutions in the 12 th District. Our mission is to ensure a safe, sound, and accessible financial system. In this role, you will provide subject matter expertise in non-financial risk areas to FISC's Large Institution Supervision Group (LISG), which is responsible for monitoring and assessing the safety and soundness of large domestic banking institutions, U.S. operations of foreign banking organizations, and significant bank service providers in the District. The 12 th District firms include Charles Schwab Corporation, Mitsubishi UFJ Financial Group, and Visa.
You will also participate in supervisory activities in other Districts across the Federal Reserve System (System), including a wide range of horizontal (cross firm) reviews. In addition, you may conduct outreach activities and provide training within the supervisory community and to industry groups, as well as contribute to various System risk affinity, monitoring, and coordination groups, and the development of related supervisory strategies and examination procedures. As such, you will closely interact with numerous individuals throughout the supervisory community and executive management of supervised firms.
Position Summary
In this role, you will work closely with the LISG team members and others to evaluate the effectiveness of firms' risk and governance frameworks across the three lines of defense. You will lead assessments and examinations over a spectrum of non-financial risk areas such as corporate governance, operational resiliency and management of core business lines. You will be responsible for, among other things, determining the effectiveness of a firm's internal audit, corporate compliance, and risk management and internal control functions, as well as the risk management framework that supports the identification, measurement, assessment, and control of the full spectrum of risks. Also, you will participate in horizontal reviews in these areas.
You will have superb communication skills with the ability to explain complex non-financial risk topics to diverse audiences. Your collaboration skills and ability to develop strong relationships with senior management, System staff and other regulators and partners is a critical part of this role.
Responsibilities
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer.