RIMS Career Center

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. We are looking for people who want to help our country reach its full economic potential. When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone.

The Supervision + Credit group is responsible for the supervision and regulation of state member banks and their parent companies, data service providers, trust companies, and foreign banking organizations that operate in the Twelfth District. Supervised institutions are 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.

The Regional Institution Group (RIG) is responsible for the supervision and regulation of financial institutions with assets between $10 billion and $100 billion.

Are you a critical thinker who enjoys solving complex problems, influencing important outcomes, and thriving on leadership and accountability? If you are passionate about mentoring and developing teams, read on! S+C is looking for a Senior Manager in RIG. In this role, you would be responsible for supervising our most complex holding companies in the regional portfolio. This includes leading a team to complete a forward-looking supervisory strategy. In doing so, you will manage the activities of assisting supervisory staff, providing you with an opportunity to mentor and develop colleagues.

Responsibilities:

• Manages and directs multiple teams of examiners or risk specialists engaging in ongoing detection, monitoring, and analysis of a portfolio of supervised entities.
• Addresses all significant concerns raised by supervisory staff, which can include institution-specific risks and/or systemic issues.
• Aligns supervisory strategy and work processes of examiners or risk specialist teams to broader Reserve Bank and/or System-level directives, which includes directing the allocation of examination resources based on relative level and severity of risk.
• Sets the short- and long-term supervisory strategy with respect to financial and nonfinancial risks, including the assessment of risk management and controls.
• Monitors trends and identifies risk, including emerging risk; and stays abreast of new and emerging laws and regulations.
• Builds relationships with stakeholders, including System colleagues, staff at other Reserve Banks, counterparts at other regulatory agencies, and senior management of supervised financial institutions.
• Engages proactively with the Board of Governors, peers, and Reserve Bank management to ensure strong collaboration, clarity of expectations and supervisory assessments, and risk-aligned supervisory planning and resource requests.

Requirements:

• A bachelor’s degree is required; a major in business, economics, finance, accounting, or a related field is preferred.
• This position requires access to confidential supervisory information, which is limited to “Protected Individuals.” Protected Individuals include, but are not limited to, U.S. citizens and U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so or who will sign a declaration of intent to apply for naturalization before they begin employment.
• An examiner commission issued by the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, or the Federal Deposit Insurance Corporation is required.
• Typically, ten years or more years of direct or comparable banking, financial industry, or banking supervision experience. In addition, seven years of people management/leading teams is typically required.
• Experience supervising or managing risk at complex banking organizations, including those with significant non-bank activities in FinTech, Broker/Dealer (including Robo-advising), and title insurance.
• A general understanding of regional supervisory processes, exposure to various examination subject areas, and broad-based knowledge of the banking industry and risk management practices.
• Candidates for the position must have demonstrated strong performance in core technical and appropriate One Bank Behaviors. Critical behaviors include but are not limited to: Collaboration, Leadership, Development, Critical Thinking, Influence, and Accountability.
• Travel required and percentage will vary depending on the location of the successful candidate.

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.

At the Federal Reserve Bank of San Francisco, we offer a wonderful benefits package including: Medical, Dental, Vision, Pretax Flexible Spending Account, Paid Family Leave Care, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holiday’s, Pet Insurance, Matching 401(k), and an unheard-of Retirement / Pension.

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 SF Fed, 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 SF Fed is an Equal Opportunity Employer.