Lissc Liquidity Risk Examiner

Federal Reserve Bank of RichmondWhen you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic and diverse team of mission-driven professionals to strengthen and protect our economy and our communities.
Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

• Present examination results to supervised institutions, Federal Reserve management, staff, and other supervisory authorities.
• Lead or participate in firm specific and horizontal examinations, developing well supported supervisory assessments.
• Performing work under limited supervision with extensive autonomy and discretion; planning and arranging short- and long-term work.
• Develop a detailed understanding of the LISCC firms’ relevant liquidity risk management practices, including stress testing.
• Demonstrate an ability to rotate across assignments and topics and develop a comprehensive understanding of areas assigned.
• Write conclusion memos and other written work products supporting the examiner assessment.
• Support the Liquidity Program by executing cross-firm reviews of the LISCC firms’ liquidity risk management practices, including internal liquidity stress testing practices. The team member is expected to contribute to reviews of a variety of liquidity risk management topics over time.

• 3-9+ years’ experience in one or more of the following areas: corporate treasury, liquidity, or relevant fields
• Demonstrated experience and understanding of financial markets and banking system, bank and broker dealer funding products, and liquidity risk management.
• Willingness to travel up to 25%.
• Bachelor’s degree or equivalent related work experience
• Commissioned examiner and/or Examiner-in-Charge experience highly preferred

• Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).
• If a financial institution employs a member of the employee’s immediate family (i.e. spouse, child, parent, or sibling) (Appendix B Part I.3 and Part II.3)
• If the individual was employed by the financial institution or affiliate within the past 12 months (Appendix B Part I.3 and II.3).
• Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.
• The hiring range of the Examiner – LFI – Adv. is $131,200 – $166,500 (9+ years of experience)
• In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.
• Advocates for and promotes a culture that is collaborative and inclusive.
• Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions.
• Applications will be reviewed on a rolling basis. Interested candidates are encouraged to apply by Friday May 26th, 2023.
• In certain cases, the recusal may be so extensive it could materially reduce the effectiveness of the prospective employee’s job responsibilities.
• This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.
• Please review

  Bank’s Employee Code of Conduct

  to ensure there are no major issues related to your previous employment and current financial interests (relevant sections are 5.3 and Appendix B, Parts I, II and III). FRB ethics rules generally prohibit employees and their immediate families from owning investments in banks, savings associations, or their holding companies (Section 5.3). Additionally, employees engaged in Supervision and Regulation may be subject to borrowing and deposit restrictions. These employees may need to recuse themselves from certain supervisory work based on:
  • Their borrowing relationships (Appendix B Parts I.1, II.1 and II.2)
  • If a financial institution employs a member of the employee’s immediate family (i.e. spouse, child, parent, or sibling) (Appendix B Part I.3 and Part II.3)
  • If the individual was employed by the financial institution or affiliate within the past 12 months (Appendix B Part I.3 and II.3).
  • In certain cases, the recusal may be so extensive it could materially reduce the effectiveness of the prospective employee’s job responsibilities.
• If you need assistance or an accommodation due to a disability, please notify [email protected].
• Under Conflict of Interest guidelines administered by the Board of Governors of the Federal Reserve System, examining personnel may not participate on an examination of a financial institution or affiliate if the examiner was employed by the financial institution or affiliate within the past 12 months.
• Their borrowing relationships (Appendix B Parts I.1, II.1 and II.2)
• The hiring range of the Examiner – LFI – Sr. is $119,700 - $144,500 (5+ years of experience)
• The hiring range of the Examiner – LFI - Int is $84,700 - $105,600 (3+ years of experience)
• Ability to build deep, productive working relationships with a range of internal and external stakeholders.

Full timeRegularYesBank ExaminationFirst (United States of America)