**Company** Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis (Bank) is looking for an Assistant Vice President (AVP) for the Supervision, Regulation, and Credit (SRC) Division. In this role, reporting to a vice president, you’ll be responsible for overseeing a business line that includes Credit, Payment System Risk, and Reserves. • The Credit function administers extensions of credit to depository institutions in a manner that is consistent with the Federal Reserve Act and the Federal Reserve System's Regulation A. • The Payment System Risk function monitors institutions on activities such as daylight overdrafts, net debit caps, and overnight overdrafts. • The Reserves function monitors balances for depository institutions in accordance with Regulation D. As the System Reserves Administrator, the Bank implements parameter changes supporting monetary policy decisions under the Federal Open Market Committee. • The Condition Monitoring and Risk Management function monitors the financial condition of depository institutions and implements account controls in accordance with policies. This role is one of two AVP positions that jointly oversees the Credit, Payment System Risk, and Reserves business line, which consists of 20 total team members, including two managers. This AVP will also have the opportunity to engage in and lead other strategic initiatives at the business line and division levels as needs evolve. To be successful is this role, you’ll need a proven ability to think and act strategically while interacting with a diverse group of executives, managers, and professionals. You must meet critical deadlines, manage ambiguity, work across business units, and deal with difficult situations as routine. The ability to conduct yourself in a manner that aligns with the Bank values of service, integrity, inclusion, initiative, accountability, and objectivity is paramount. **Responsibilities:** + Oversee the day-to-day operations of the Credit and the related 13(3) lending facilities, Payment System Risk, Condition Monitoring, Reserve Requirements, and System Reserves Administrator. This includes overseeing internal controls related to these functions, identifying resolutions for specific institutions, ensuring compliance with System and local standards and policies, and providing oversight for select initiatives related to these functions. + Lead and support System compliance programs. + Contribute to the development and implementation of policies. + Participate in the development of strategy and is conversant with the Bank’s mission and strategic initiatives; drives division goals and key objectives and links them to Bank Strategy. + Ensure compliance with all applicable Division, Bank, and System policies, standards, procedures, and controls to ensure the highest level of public confidence and operational integrity. Maintain confidentiality in handling sensitive information. **Qualifications:** + Bachelor’s degree in related field, or an equivalent combination of education and experience. Graduate degree in related field preferred. + Ten or more years of professional experience with a progression of increasing responsibility, with five or more years leading teams and managing people. + Strong operational and financial experience. + Strong experience in developing and maintaining relationships, preferably in a multi-organizational structure with the ability to exercise influential leadership. + Demonstrated performance in implementing strategic plans and budgeting; strategic and critical thinker with the analytical skills necessary to evaluate, organize, and direct complex development projects and programs. + Ability to motivate, develop, and lead a diverse team through collaboration and consensus to reinforce a culture of service and accountability. + Excellent communication skills (written and oral), as well as effective presentation and persuasion capabilities. + Excellent problem-solving skills and judgment when deciding which issues to resolve directly and which require escalation. + Resourceful, flexible, and open to new ways of thinking. + An essential function of this position is working onsite on Bank premises. The person in this role is required to work onsite on a full- time basis although ad hoc hybrid working days may be available. + 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. _Salary range is $158,500-286,550. 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 (https://www.minneapolisfed.org/about-us/careers/job-profiles) _, we work together to represent you in our economy._ **Full Time / Part Time** Full time **Regular / Temporary** Regular **Job Exempt (Yes / No)** Yes **Job Category** Executive Family Group **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)