Federal Reserve Bank of Richmond At the Richmond Fed, we’re driven by our mission to strengthen the economy and our communities. We take great pride in what we do, because what we do impacts everyday people every day.

When you join our team, you’ll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better.

Bring your passion and we’ll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth. It’s all part of what makes #MyRichmondFed a great place to work!

• Develop a comprehensive understanding of the firms’ liquidity risk management practices including internal liquidity stress testing practices.
• Acquire an advanced understanding of financial risk management policies, processes, and procedures as well as effectively communicate emerging issues, trends, and other associated risks.
• Demonstrate an ability to grasp the complexity of the firm and make connections and associations across all risk types is of critical importance to success in this role.
• Demonstrate leadership and supervisory perspective by leading and/or performing examinations. This includes working independently as well as executing responsibilities as directed, reviewing submitted materials, conducting meetings with management, the production of workpapers that substantiate conclusions, reviewing workpapers, drawing conclusions, presenting findings and preparing written correspondence.
• Conduct ongoing monitoring of information (e.g. board and senior committee packages) to draw conclusions about risks and trends. Demonstrate well-reasoned judgement in decision making and clearly communicate conclusions to senior management of the supervised institution(s) and internal stakeholders.
• Maintain professional working relationships with Capital One stakeholders and proactively collaborate across the Federal Reserve System and with other regulatory agencies to resolve issues and build consensus regarding supervisory matters.
• Synthesize information on the supervised firm in quarterly deliverables to escalate current and emerging risks and recommend a proposed supervisory response or activity.
• Prepare presentations for Reserve Bank management on examination conclusions, supervisory issues, emerging risks, or specific topics of interest.
• Participate in or lead projects, initiatives, and committees that are of strategic importance to SRC or the Federal Reserve System.
• Complete Examiner Commissioning Program (if not commissioned).

• Experienced financial professional with a minimum of 5 years of relevant work experience or regulatory experience in one or more of the following areas: liquidity risk management, retail credit and/or commercial credit risk management.
• Bachelor’s degree in relevant field is required. Graduate degrees, relevant professional certifications (FRM, CFA, etc.) and/or commissioned bank examiners are desirable.
• Must be comfortable with hybrid work environments and willing to travel (up to 20%) as normal operations resume depending on location. Extended work hours may be required at times.

• Prior LBO horizontal supervision assessment experience is a plus.
• Proven ability to lead and work in a team environment and focus on high quality execution.
• Self-starter with a strong desire to learn and coach others, a positive attitude, and exhibits flexibility to quickly change direction.
• Strong problem solving and analytical skills with the ability to analyze large amounts of information, enable sound decision-making and create meaningful change.
• Ability to work in a detailed manner as well as to look strategically across a function to develop connections and themes identifying risk and material concerns.

• Great medical benefits
• Pension and 401(k) with employer match
• Generous paid time off
• Tuition reimbursement
• Employee resource networks
• Paid volunteer leave
• Flexible work options
• Onsite amenities that make working here fun

• Candidates may be located in Charlotte, NC or Richmond, VA.
• Candidates should review the

  Bank’s Employee Code of Conduct

  to ensure compliance with conflict of interest rules and personal investment restrictions.
• If you need assistance or an accommodation due to a disability, please notify

  rich.recruitment@rich.frb.org

  .
• Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).
• 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 an enhanced background check 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.
• Under Conflict of Interest guidelines administered by the Board of Governors of the Federal Reserve System, examining personnel may not participate on an examination of a financial institution or affiliate if the examiner was employed by the financial institution or affiliate within the past 12 months.
• Please review

  Bank’s Employee Code of Conduct

  to ensure there are no major issues related to your previous employment and current financial interests (relevant sections are 5.3 and Appendix B, Parts I, II and III). FRB ethics rules generally prohibit employees and their immediate families from owning investments in banks, savings associations, or their holding companies (Section 5.3). Additionally, employees engaged in Supervision and Regulation may be subject to borrowing and deposit restrictions. These employees may need to recuse themselves from certain supervisory work based on:
  • Their borrowing relationships (Appendix B Parts I.1, II.1 and II.2)
  • If a financial institution employs a member of the employee’s immediate family (i.e. spouse, child, parent, or sibling) (Appendix B Part I.3 and Part II.3)
  • If the individual was employed by the financial institution or affiliate within the past 12 months (Appendix B Part I.3 and II.3).
  • In certain cases, the recusal may be so extensive it could materially reduce the effectiveness of the prospective employee’s job responsibilities.
• Title and salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications/experience.
• The Examiner – LFI – Advanced hiring range is $133,200 - $166,500, annually.
• The Examiner – LFI – Senior hiring range is $119,700 - $149,600 annually.
• Candidates are strongly encouraged to apply by May 26th, 2023. Afterwards, applications will be reviewed on a rolling basis.
• Brief cover letters preferred highlighting how your background, skills or experiences aligns to the role.

Full time Regular Yes Bank Examination First (United States of America)