Minneapolis, MN, 55405, USA
4 days ago
Assistant/Associate Safety & Soundness Examiner
**Company** Federal Reserve Bank of Minneapolis Are you looking for an opportunity where you can contribute, work a flexible schedule, and help promote a safe and sound financial system? The Federal Reserve Bank of Minneapolis is looking for financial professionals and recent graduates to fill an Assistant or Associate Examiner position in its Safety & Soundness business line in the Supervision, Regulation, and Credit Division. Supervision, Regulation, and Credit is responsible for supervising state member banks and bank holding companies within the Federal Reserve System's Ninth District. In this role, you will participate on and lead safety and soundness examinations of community and regional banking organizations; evaluate organizations' financial condition, operational and lending functions, and risk management practices; conduct meetings with management and boards of directors; and prepare written reports of examination findings. The Federal Reserve offers a comprehensive training and career development program, allowing you to build on your current knowledge and experience. Assistant and Associate Examiners participate in an intensive multi-year training program to become Commissioned Bank Examiners. We also provide advanced training opportunities and help develop specialized knowledge, including professional certifications. The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be **in the office 3 days per week** for meetings and team collaboration. Successful candidates must live in or relocate to the Minneapolis-St. Paul, Minnesota, or Helena, Montana, areas. *We are **unable to hire anyone that would require sponsorship** now or at any point in the future. **Assistant Examiner Responsibilities** + Assist in examinations and supervisory events of supervised institutions, focusing on the assessment of compliance risk and the adequacy of risk management systems and operational controls. + Complete reviews under the supervision of a more experienced examiner, until sufficient experience gained to work without supervision. + Draft, organize, and verify workpapers and related documents with guidance of more experienced examiners, until sufficient experience gained to work without supervision. + Assist in analyzing supervised institution's performance in complying with consumer compliance laws, regulations, and regulatory policies. + Communicate, describe, support, and discuss supervisory events’ findings with management. + Respond to frequently changing regulatory requirements and industry issues with agility and adaptability. + Complete Federal Reserve System schools and training modules to progress to commissioned examiner status. + Safeguard equipment, sensitive data, and other information resources according to the SRC Information Security and Data Handling Handbook. **Associate Examiner, Additional Responsibilities** + Lead and manage supervisory events of small, noncomplex supervised institutions, including determining scope, rating, resource needs, and work assignments of the examination team, under the supervision of a more experienced examiner. + Analyze supervised institution's performance in complying with consumer compliance laws, regulations, and regulatory policies and evaluate how effectively the institution manages its compliance risks. + Assess the bank’s performance in meeting community credit needs under the CRA. **Qualifications** **:** + A **bachelor's degree** with coursework in business, risk management,pre-law, public policy,or a closely- related field of study. Master’s degree in business (or related field) and/or law degree preferred. + Experience in examinations, banking regulation, information technology/cybersecurity, or financial services with a focus on loan review, loan analysis, or asset liability management. + **Assistant Examiner** : 0+ (zero) years of related examiner experience + **Associate Examiner** : 2+ (two) years of related examiner experience + Strong written, verbal, and interpersonal communication skills. + Strong analytical, critical thinking, and organizational skills and attention to details. + Ability to travel on average 50%. Examiners generally travel within the 9th District (Montana, North Dakota, South Dakota, Minnesota, and portions of Michigan and Wisconsin). A standard travel week is Monday – Thursday or Friday + Valid driver’s license with acceptable driving record. **Minneapolis Salary Ranges** Assistant Examiner: **$63,200 - $78,994** - $94,800 Associate Examiner: **$79,400 - $99,252** - $119,100 **Helena Salary Ranges** Assistant Examiner: **$56,900 - $71,095** - $85,300 Associate Examiner: **$70,000 - $87,455** - $104,900 Salary offers are usually at or below mid-point. Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity. **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) + 401(k) match, and a fully-funded pension plan + Paid time off and holidays + Free public transportation passes + Annual educational assistance + On-site fitness facility + Professional development programs, training and conferences + And more… ​The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy. **Additional Information:** *The job requires travel. While this job posting notes the ability to travel up to 50%, travel requirements can vary greatly and depend on experience, economic conditions, and resource needs. We expect travel to stay well below 50% going forward, however, a change in circumstances could increase travel requirements. *This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. Candidates who are not U.S. citizens must sign a declaration of intent to expeditiously become a U.S. citizen when eligible. **We are unable to hire anyone that would require sponsorship now or at any point in the future. **Full Time / Part Time** Full time **Regular / Temporary** Regular **Job Exempt (Yes / No)** No **Job Category** Bank Examination **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. Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday\_Privacy\_Notice.pdf)
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