Sr. Capital Markets Risk Specialist – Regional Institutions Group
Federal Reserve Bank of San Francisco
Location: San Francisco, California
Type: Full Time
Internal Number: R-0000003453
Are you passionate about monitoring and assessing capital markets risk? If so, we are looking for a Senior Capital Markets Risk Specialist to join our team supervising the Federal Reserve System’s largest portfolio of regional banking organizations (RBOs) – those with consolidated total assets of between $10 billion and $100 billion! An excellent opportunity exists in the Regional Institution Group (RIG) for an individual with a strong background in monitoring market, liquidity, and investment portfolio risks. This Senior Risk Specialist will report to the Central Point of Contact (CPC) for one of RIG’s larger RBO state member banks (SMBs), but will also drive tailored capital markets risk supervision and monitoring activities across the RBO portfolio.
The Supervision + Credit group is responsible for the supervision and regulation of state member banks (SMBs), bank holding companies, savings and loan holding companies, financial holding companies, data service providers, trust companies, and foreign banking organizations that operate in the Twelfth District. Supervised institutions are located in all states of the District and range in size and complexity from small community organizations to some of the largest banking organizations in the country.
Highlights of Responsibilities:
The Senior Capital Markets Risk Specialist owns the risk assessment and monitoring responsibilities related to market, liquidity, and investment portfolio risks for RIG. Specific duties include:
Collaborating with risk management colleagues on their cross-portfolio assessment of capital markets risk, and making risk-tailored recommendations for continuous monitoring, supervisory events and event staffing.
Performing routine continuous monitoring of portfolio RBOs, on a risk-assessed basis, including monitoring trends and developments through the review of internal risk management reports, regulatory surveillance reports, regulatory filings, and regular interaction with senior company officials, other regulators, and internal auditors.
Developing supervisory documents such as continuous monitoring reports, MIS and metrics, and issues tracking.
Leading the planning, execution, and report writing for targeted examinations as the examiner-in-charge, as well as participating in full-scope examinations as a contributing member.
Maintaining a high level of subject matter expertise and keeping abreast of emerging issues of particular relevance to District institutions.
Providing mentoring and on-the-job training to examiners during examination assignments and in other forums as needed.
Participating actively in unit and System groups and discussions by sharing experiences and perspectives.
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 required.
Typically 8 or more years of direct or comparable banking, financial industry, or banking supervision experience, with a focus in capital markets disciplines.
Ability to travel up to 25 percent.
Strong verbal and written communication skills.
Intermediate to advanced familiarity with the Microsoft Office suite, including Microsoft Word, Excel and Power Point.
Consistently demonstrate the following critical behavioral competencies: influence, critical thinking, collaboration, and leadership.
An active commission from a bank regulatory agency (e.g., Federal Reserve, FDIC, or OCC).
Professional certification, such as the Chartered Financial Analyst or Financial Risk Manager designations.
Experience performing capital markets examination work at regional and/or large banking organizations, as well as institutions with foreign operations.
We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pre-Tax Day Care Flexible Spending Account, Paid Family Care Leave, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and a Retirement / Pension.
***Effective October 1, 2021, all employees must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank’s vaccination policy; the Bank will provide accommodations as required by law for individuals unable to be vaccinated due to medical condition or sincerely held religious belief.
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 the Federal Reserve Bank of San Francisco, we believe in the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve. The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer.
While the SF Fed is a Reserve Bank, we’re not what you might expect. We’re unreserved here. That means we seek new and diverse perspectives. We spark conversations and encourage debate. We build opportunity. We pursue careers that are true to ourselves, from economists and cash processors to bank supervisors and cloud engineers. When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone. If that’s the kind of impact you’d like to make with your everyday work, find your next career opportunity here.