Examiner/Senior Examiner - Operational Resilience/Em.tech

Company

Federal Reserve Bank of Atlanta

As an employee of the Federal Reserve Bank of Atlanta, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

Position Summary:

The Federal Reserve Bank of Atlanta is looking for an examiner to join the Supervision, Regulation and Credit (SRC) Division to participate in comprehensive, risk-focused supervision of financial institutions and service providers. The examiner will proactively identify risks through on and off-site examinations and monitoring activities.

Supervisory work will be focused within the operational resilience and emerging technology area. You will support the Division’s assessment of operational controls and risks impacting areas such as the resilience of internal processes, facilities, technology, systems, and third parties. Supervisory work could include leading or participating in risk-focused Information Technology (IT) supervisory events covering IT strategy and execution, cybersecurity, and IT management and controls. To facilitate supervisory work, you should have foundational knowledge of operational risk factors, including payments, fraud, vendor risk management, project management, first and second line controls, and internal audit.

The team works closely with system experts to develop subject matter expertise on operational resilience and emerging technology. You will also help further efforts to support the prudent adoption of emerging technologies by supervised firms. This would include working to identify and monitor the risks posed by internally developed emerging technology and fintech partnerships across portfolios, and leveraging existing guidance and partnering with System experts on the best approaches to fintech supervision. You will report to the Director of Examinations.

• We are hiring at multiple levels depending on your years of relevant experience.
• We are a hybrid work environment.

The team conducts supervisory work on financial institutions and service providers locally and in the Federal Reserve System on topics related to cybersecurity, operational resilience, and emerging technology. As an examiner, you will:

• Contribute to the development of and participate in supervisory initiatives related to novel fintech activities and emerging technology including identifying industry trends, emerging risks, inter-connectiveness, and new banking technologies.
• Perform or assist in reviewing and editing work prepared by others for content, clarity and accuracy. Provide comments on regulatory proposals, develop procedures for use by field staff, review key financial reports and information from financial institutions and written communication to financial institutions.
• Analyze and evaluate operational and information technology risk management programs to include, corporate governance, corporate compliance, vendor management, policies/procedures/MIS, internal controls, and the quality of internal and external audit.
• Contribute to the creation of reports on Fintech innovation, its impacts, and emerging trends on supervision and regulation for Reserve Bank and System use.
• Provide subject matter expertise to contribute to the efforts of examination teams assessing the impact of Fintech innovation at supervised financial institutions.
• Provide operational resilience expertise to the 6th District supervisory teams and contribute to System efforts by leading and/or supporting supervisory events related to areas of expertise.
• Provide guidance, training, and feedback to less experienced examiners. May serve as an instructor at formal schools and through on-the-job training.
• Demonstrate balanced, well-reasoned judgement in decision making and effectively communicate with senior management and directors of supervised institutions under potentially adversarial circumstances.
• May interact with senior executives to influence improvements to operational and IT risk management programs, controls, corporate governance practices, and overall bank safety and soundness.
• Perform examinations and inspections of financial institutions and service providers to ensures compliance with applicable laws and regulations, and produce a comprehensive report of findings.

Education: Bachelor's Degree or 4 years equivalent experience; Bachelor's Degree preferred. Graduate level degrees a plus.

Travel: 25-40%

Experience: Sound understanding of day-to-day operations and information technology of financial institutions and experience in evaluating the adequacy of operational control processes. IT examination or other IT experience preferred. Experience working with fintech providers and emerging technology a plus. Commissioned Examiner or willingness to go through Examiner Commissioning Process required.

Knowledge Areas:

• Bank Examination
• Specialty Expertise
• Accounting and Finance

Technical Skills:

• Examiner commissioning strongly preferred
• Microsoft O365

Certifications/Licenses:

CISA, CISSP, CPT, CBA, or CIA designation a plus.

In addition to competitive compensation, our total rewards program offers benefits that are the best fit for you at every stage of your career:

• Professional development opportunities
• Annual tuition assistance,
• 401(k) match, pension, and more.
• Top-notch health care benefits
• Child and family care leave
• Generous paid time off

All brought together in a flexible work environment where you can truly find balance.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g., emergencies, rush jobs, change in workload or technological developments).
The Federal Reserve Bank of Atlanta is an equal opportunity employer
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Bank Examination
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.
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