Federal Reserve Bank (FRB)
Large Bank Examiner (Finance)
About the Opportunity
Bank of America Dedicated Supervision Team – Large Bank Examiner
The Supervision, Regulation, and Credit (SRC) Department's Large Financial Institutions Supervision (LFIS) unit has two (2) immediate openings for highly motivated professionals to join the Bank of America (BAC) Dedicated Supervision Team (DST). In this position, the candidate will collaborate with talented regulatory professionals within SRC and across our nation's central bank, participating in the Federal Reserve System's Large Institution Supervision Coordination Committee's (LISCC) program.
You will be an integral part of the BAC DST, and this position will give you an opportunity to assess an evolving set of financial and/or non-financial risks in your career journey. The ideal candidate will possess broad supervisory skills across risk management practices, governance, and internal controls. The ideal candidate will be team-spirited, display range, an enthusiastic learner, willing to take on a variety of assignments and have meaningful experiences in one or more of the following areas: capital management, credit risk, interest rate risk, liquidity risk management, wealth management, capital markets, operational resilience, cybersecurity, technology and operations, payment systems, operational risk management, compliance, BSA/AML or internal audit.
You will have ongoing responsibilities for at least one component of LFI (Large Financial Institutions) rating system, including governance and controls, capital management and liquidity. You may even rotate your assignments. You will be asked to provide high-quality supervision through active dialogue with the firm, examinations, ongoing monitoring, horizontal activities, and special projects. You will actively collaborate with and support the LISCC horizontal program as well as colleagues across the System. In executing these responsibilities, you will develop a comprehensive vertical view of the supervised firm. You will report to an Assistant Vice President.
What You Will Do:
Qualifications and Skills:
Other Requirements and Considerations:
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.
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