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Quality Assurance Examination Specialist
$133k-167k (estimate)
Full Time | Securities 3 Weeks Ago
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Federal Reserve Bank of New York is Hiring a Remote Quality Assurance Examination Specialist

Company Federal Reserve Bank of New York Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems. The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. What we do: The Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The objectives of supervision are to: Evaluate and promote the overall safety and soundness of supervised institutions Ensure supervised institutions’ compliance with relevant laws and regulations, including consumer protection Facilitate the stability of the financial system of the United States Support the growth and stability of the U.S. economy Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy and risk matters. Supervision is coordinated with other US agencies. The Business Services function maintains a high-quality operational environment in support of the Group’s analytical, exam and policy activities; assesses and mitigates risks associated with the Group’s business lines; provides data and technology support for Supervision staff; conducts quality assurance and establishes a dynamic learning and development curriculum for staff, including the administration of examiner commissioning. The function is also responsible for ensuring that the business lines are well positioned to meet the Group’s strategic objectives. The Quality Assurance (QA) team evaluates supervisory processes and associated products to identify and confirm sound practices, following Federal Reserve System guidance. QA’s core mission is to identify patters of errors or noncompliance to check possible systemic issues in business line processes. Members of this team are involved in performing a quality assurance program that independently evaluates quality of supervisory processes and products. Your role as a Quality Management Supervising Examiner – Quality Assurance: You will ensure QA activities are performed in accordance with the Quality Management Framework and Quality Assurance Community of Practice. As a Quality Management Supervising Examiner, you will lead or participate in the development of program plans to aid in the identification of potential systemic issues in supervisory business line processes/procedures through a variety of methods, including the execution of QA risk assessments, development of an annual work plan, examination planning, execution, report findings and tracking of action plans and closure of related recommendations. You will develop collaborative relationships with supervisory teams, risk teams, and other stakeholders to ensure understanding and compliance with procedures and standards. You will maintain a thorough knowledge of System and FRBNY supervisory processes, procedures, systems, and standards, and assist in the development of quality management requirements and operating procedures, where necessary. What we are looking for: Demonstrated knowledge of bank regulatory processes, procedures, systems, and standards to address examiner questions and provide related guidance and support. Knowledge of effective controls for business operations. Ability to develop strong relationships with peers, colleagues, and other stakeholders through the demonstration of collaborative communications, ownership, accountability, and excellence in execution. Proven team player with the ability to build collaborative relationships. Strong communication skills (verbal and written), including the ability to clearly articulate supervisory process and/or product concerns, and key messages to various stakeholders. Ability to function effectively and independently in a dynamic work environment. Commissioned examiner and Examiner-in-Charge (EIC) experience preferred. Salary Range: $155,400 - $229,300 / year We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions. Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more. Benefits: Our organization offers benefits that are the best fit for you at every stage of your career: Fully paid Pension plan and 401k with Generous Match Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA) Subsidized Public Transportation Program Tuition Assistance Program Onsite Fitness & Wellness Center And more Please note that the 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 permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements. The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana. The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service. We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. 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. Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Supervisory/Management 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. Privacy Notice OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Securities

SALARY

$133k-167k (estimate)

POST DATE

04/03/2024

EXPIRATION DATE

06/01/2024

WEBSITE

newyorkfed.org

HEADQUARTERS

NEW YORK, NY

SIZE

3,000 - 7,500

FOUNDED

1914

TYPE

NGO/NPO/NFP/Organization/Association

CEO

WILLIAM C DUDLEY

REVENUE

$1B - $3B

INDUSTRY

Securities

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About Federal Reserve Bank of New York

New York Fed is a community bank that provides banking and financial services for corporate and retail customers.

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