Vice President - Large and Foreign Banking Organizations and Service Providers
: Job Details :


Vice President - Large and Foreign Banking Organizations and Service Providers

Federal Reserve Bank of San Francisco

Location: San Francisco,CA, USA

Date: 2024-09-23T21:33:29Z

Job Description:

Company: Federal Reserve Bank of San Francisco

We are the Federal Reserve Bank of San Francisco-public servants with a mission to advance the nation's monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and are committed to understanding and serving the vibrant, expansive communities of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a diverse team united in its purpose to promote an economy that works for everyone.

The SF Fed's Supervision + Credit (S+C) group is responsible for executing the Federal Reserve's supervisory policies and programs within the western United States through onsite examinations and offsite supervision activities. We also work within the Federal Reserve System at a national level supervising and assessing risk at large financial institutions. We are also responsible for the Reserve Bank's discount window and payment system risk functions. We provide opportunities to make a difference by working with other federal and state authorities to promote a safe and sound financial system and ensure fair and equal treatment of consumers in their financial transactions.

Right now, our team is looking for a Vice President - Large and Foreign Banking Organizations and Service Providers. This opportunity offers high visibility and ability to make an important impact not only within the S+C group at the Federal Reserve Bank of San Francisco but also at the Federal Reserve System level. The successful candidate will report to the Senior Vice President of Large Financial Institutions and work closely with colleagues within the S+C group, other Reserve Banks, and the Board of Governors. The successful candidate will be able to apply their banking supervision expertise to Large and Foreign Banking Organizations (LFBOs) and Service Providers assigned to our District.

Primary Responsibilities:

  • Provide strategic direction, ongoing portfolio leadership, and thought leadership to the supervision of a designated portfolio of institutions and associated teams to ensure sound decision-making and team alignment with the strategic direction of S+C, the Reserve Bank, and the Federal Reserve System (FRS).
  • Lead and oversee the development, maintenance, and continuous improvement of S+C's risk-focused supervisory programs for all types of institutions in the portfolio in a manner that is consistent with System supervisory policy and priorities.
  • Work collaboratively across portfolios, including serving in lead roles on S+C governance committees and/or working groups, to help drive consistency in supervision, foster diverse portfolio insights, and contribute to proactive risk identification and integration.
  • Build and sustain productive, collaborative relationships with counterparts across the Bank, Board of Governors, System and other regulatory agencies.
  • Actively manage, lead and motivate team leaders, cultivating their professional growth and development.
  • Actively participate by providing thought leadership and expertise in System committees.
  • Support Reserve Bank activities, such as Employee Resource Group activities and peer group mentoring.

Requirements:

  • Bachelor's degree, preferably in business, or a related field of study, or equivalent work experience.
  • Typically requires fifteen or more years of financial services and/or banking supervisory leadership experience; typically requires twelve or more years of people and business leadership experience.
  • Track record of successful leadership and mentoring team members.
  • Superior communication skills, ability to synthesize complex ideas, explain them clearly, and influence and persuade local and System leaders.
  • Strong collaboration skills and ability to build effective working relationships.
  • Ability to take initiative, produce results under time constraints, and manage and lead with rapidly evolving priorities.
  • Broad and deep expertise and significant knowledge of financial services and banking supervision.
  • Knowledge of and/or expertise regarding the Federal Reserve's supervision model, processes, and regulatory guidance for assigned portfolio(s).
  • Understanding of the evolving nature of risk over a business cycle that firms must address.
  • Up to 15% travel.
  • Hybrid work model.
  • Examiner commission issued by the Board of Governors of the Federal Reserve System or other federal banking agency is helpful, but not required.
  • 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.

Base Salary Range: Min: $250,000 Mid: $324,000 Max: $398,000 (Location: San Francisco)

Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and alignment with geographic and other market data.

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 Retirement/Pension.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. The SF Fed is an Equal Opportunity Employer.

The Bank's ethics rules generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. Employees in the S+C group also must ensure there are no conflicts of interest related to their previous employment and current financial interests.

Full Time / Part Time: Full time

Regular / Temporary: Regular

Job Exempt (Yes / No): Yes

Job Category: Executive

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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