Company

Federal Reserve Bank of San FranciscoWe 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 Supervision Credit Group is seeking a highly motivated individual to join its Risk, Policy & Analysis Group (RPAG) to serve as a member of the Federal Reserve System’s Large Institution Supervision Coordination Council (LISCC) program.

The LISCC program is the Federal Reserve’s national supervisory program for the nation’s largest most systemic financial institutions.

The program is overseen by the LISCC Operating Committee and is driven by hundreds of staff supplied by multiple Reserve Banks and our Board of Governors.

This national program is comprised of five core areas : Capital, Liquidity, Governance and Controls (G&C), Recovery and Resolution Planning (RRP), and the Monitoring and Analysis Program (MAP).

The matrix structure of the LISCC program provides that each of the program participants has dual reporting lines : functional reporting to a LISCC program manager and administrative reporting to a local (FRBSF) manager.

This position is part of the Wholesale Credit Horizontal Evaluation Team (HET) in the LISCC Capital program. As our Risk Specialist, Large Institution Supervision Credit Risk Modeling , you will :

• Work with Wholesale Credit Team to execute a supervisory plan for wholesale credit risk reflective of the supervisory work required to evaluate firms’ capital planning and financial risk management and internal controls.
• Serve as a subject matter expert on the horizontal assignments and participate in the development and execution of examination scope memorandums, assessment work programs, conclusion memorandums, and supervisory feedback letters.
• Participate in the assessment of firms’ remediation of supervisory issues and elevating issues to the Deputy Team Leads, where appropriate;

deliver clear, written and oral supervisory messages to firm leadership in collaboration with other Capital Program participants and the Dedicated Supervisory Teams.

Develop knowledge and expertise of the wholesale credit risk management practices, especially the modeling practices, of those firms.

Requirements :

• Masters or Ph.D. degree in a quantitative field required.
• Demonstrated experience in credit risk modeling (especially in wholesale credit risk modeling), credit risk management, risk measurement techniques, market-based regulatory capital requirements, and legal documentation.
• Well-developed leadership, organizational, communication and collaboration skills.
• Demonstrated ability to set priorities as well as execute in a timely manner priorities as set by / with more senior management.
• Willing and able to travel up to 20%.
• Commissioned Examiner a plus, 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.

LI-Hybrid

Base Salary Range : Min : $155,700 Mid : $205,600 Max : $255,300 (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.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Job Category

Bank Examination

Work Shift

First (United States of America)

Last updated : 2024-05-22