Manager – Risk Analysis and Surveillance – FISC
Federal Reserve Bank of San Francisco
CA-Los Angeles, UT-Salt Lake City
Yes, 25 % of the Time
Tier II – Credit Check
Financial Institution Supervision and Credit (FISC) at the Federal Reserve Bank of San Francisco supervises financial institutions, and service providers to financial institutions, in the 12th Federal Reserve District. Our mission is to ensure a safe, sound, and accessible financial system. The Risk Analysis and Surveillance team (RAS) within the Risk, Policy and Analysis Group contributes to developing and maintaining a holistic, integrated view of risk for regional banks, community banks, and foreign banking organizations supervised by FISC.
RAS supports Risk Management’s objective of developing and maintaining a holistic, integrated view of current and forward-looking financial, nonfinancial, and economic risks within the Twelfth Federal Reserve District. RAS is responsible for data capture, manipulation, and analysis, as well as production support for reporting and supervisory technology that underpins the supervisory assessment of risk within the District. The team partners and collaborates with senior risk specialists by providing data and analysis that helps validate risk opinions and hypotheses. RAS also works closely with supervisory technology specialists to identify product development opportunities and design solutions, and to implement solutions in a production environment. Finally, the team also conducts mandated financial surveillance activities to highlight potential supervisory concerns among domestic banking institutions located within the District.
The Manager for Risk Analysis and Surveillance (RAS) provides strategic direction and day-to-day oversight for RAS, and manages a team of five analysts with a range of experience and skills in banking supervision, financial risk, and data analytics. The position leads development and production of financial surveillance, monitoring, and analysis to identify performance outliers and highlight potential supervisory concerns for domestic banking institutions located within the 12th Federal Reserve District. RAS conducts research and responds to ad hoc requests on banking topics, engages in data mining and exploration, and helps develop and maintain analytical tools. In collaboration with Risk Management leadership, the Manager oversees or assists in development and production of a variety of FRBSF-developed forward-looking supervision tools for assessing risks at financial institutions, as well as analyses and publications on macro banking, real estate, and economic trends and risks. The position provides a forward-thinking individual an opportunity to help mentor, develop, and manage RAS team members, and reports directly to the Director of Risk Management.
Duties and Responsibilities
– Lead and manage staff with a broad range of analytical and banking supervision expertise. Critical to the role is overseeing work products; establishing goals and objectives; ensuring staff have opportunities to grow, obtain training, and to assume new responsibilities; ensuring adequate backup capabilities; and providing performance feedback.
Lead research and development initiatives to best utilize data sources and supervisory technologies as well as oversee maintenance of analytical products and/or new or improved data tools, models, or dashboards.
Oversee RAS’s off-site surveillance (monitoring) efforts including the Board of Governors Surveillance Program for banks and holding companies to ensure timely, accurate, and highly effective analyses and reporting.
Work with Regional, Community, and Foreign Examinations Group (RCFEG) to establish and deliver effective data and analysis to identify banking risks, issues and trends that may require supervisory attention across supervised institution portfolios and for individual banking institutions.
Oversee or assist in oversight of banking industry and real estate market analysis, development of publications such as ‘First Glance 12L’ and ‘Banks at a Glance,’ as well as briefings, research, and presentations used by senior management.
Preparing and presenting analyses and conclusions concisely to technical and non-technical, internal and external audiences, as appropriate
Actively collaborate, and lead or facilitate collaboration within Risk Management’s integrated team structure (Portfolio Risk Management/RAS/Suptech).
Demonstrate the ability to think strategically and align broader team goals and objectives with RPAG, RCFEG, FISC, System and Bank strategic direction and goals.
Ensure strong quality assurance processes are in place to guarantee analysis, the supervisory process, and related decisions reached are documented appropriately.
Demonstrate effective project management planning, execution, and completion.
Participate as a member of the Department and Unit management teams. Openly raise and/or discuss and provide positive leadership for the future. Communicate management decisions, objectives and goals to staff in a timely and clear manner.
– Must be a U.S. Citizen, U.S. National, or hold a permanent resident/green card with intent to become a U.S. Citizen.
Bachelor’s degree in business, economics, public policy, finance, accounting, statistics, computer or data science, or related fields of study (or equivalent work experience); professional certifications or advanced degrees with an emphasis on any of these areas are desirable, but not required.
Minimum 7 years of experience.
Advanced critical thinking, data analysis, and written and oral communication skills
Demonstrated proficiency in manipulating and presenting data and analyses in Excel, Word, and PowerPoint; experience in or capabilities for learning SQL, R, SAS, Python and Tableau.
Understanding of and experience in banking and regulatory environments. An examiner commission from a federal or state bank supervisory agency is preferred, but not required.
Knowledge of, and experience evaluating, financial and operational risks facing a broad range of depository and other financial institutions.
Candidates should be based in the 12th District, with location in San Francisco, Los Angeles, or Salt Lake City strongly preferred.
We are looking for candidates that exhibit these behavioral competencies: leadership, critical thinking, collaboration, influence, achievement and innovation.
The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer.
The Federal Reserve Bank of San Francisco believes in the diversity of our people, ideas, and experiences and is committed to building an inclusive culture that is representative of the communities we serve.
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.
At more than 80 award-winning properties worldwide, The Ritz-Carlton Ladies and Gentlemen create experiences so exceptional that long after a...Apply For This Job
Job Description Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting Job Responsibilities Review...Apply For This Job
Job Description Associate Pennsylvania 4.5-8 Years USA SR Number HCLI/HCLI/2021/1583710 Job Description (Posting). *Understanding Customer/Partner Technical Environment *Gather customer/partner insights...Apply For This Job
Job Description: Helping clients with the pensions aspect of Mergers & acquisitions involving both UK and international pension arrangements.Supporting the...Apply For This Job
Job Description Patient Service Representative – Brookfield – 0.7 FTE Location: Brookfield Shift Type: Days – 1st Shift Weekly Hours:...Apply For This Job
Irvine, CA Contract Full-time Role SAP Finance Lead (RAR ) JP00047454 Location Irvine, CA Status c2c Duration 6+ months (...Apply For This Job