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Federal Reserve System Risk Specialist in Kansas City, Missouri

Company

Federal Reserve Bank of Kansas City

Consider a career with an organization that works to ensure a safe, sound, and accessible financial system. The Surveillance and Risk Analysis (SRA) Department supports the Federal Reserve Bank’s senior management and supervisory functions by providing quarterly analysis of banking conditions, surveillance of emerging risks, assistance with on-site examinations and inspections, and analysis of banking policy issues. The SRA Department has a challenging and rewarding opportunity open for an individual with interest and expertise in community banking risk, banking policy, and/or data analysis. This person will be responsible for contributing to the department’s day-to-day responsibilities and for leading and/or participating in long-term projects that are in-line with our strategic objectives. Strategic objectives include exploring modern and efficient surveillance methods for monitoring banking risks and developing a more complete understanding of factors effecting the community bank business model.

Key Activities:

  • Monitor banking industry performance and new and emerging banking policy issues and preparing succinct written summaries and presentations for staff and senior management.

  • Contribute to and/or lead department’s quantitative responsibilities through the creation and maintenance of tools and reports designed to monitor banking institutions.

  • Leverage knowledge of current financial trends and risks facing the banking industry to create insightful presentations and speaking notes for senior management external engagements.

  • May support or participate in a limited number of bank examinations and bank holding company inspections.

  • May participate on Federal Reserve System level groups reviewing regulatory and industry matters

Qualifications:

  • An ideal candidate for this position will display a great deal of initiative and agility in their analysis of complex subject matter with an appetite for finding creative and innovative ways to solve problems.

  • Strong oral and written communication skills with experience delivering messages to large audiences and/or executive management.

  • Demonstrates the ability to influence, collaborate, and build relationships.

  • Good understanding of financial markets and the banking industry.

  • Strong analytical skills, including the ability to apply, interpret, and explain complex financial and/or quantitative concepts as well as the ability to analyze the potential impact of financial shocks, stress, or regulatory changes.

  • Some proficiency and a desire to work heavily with MS Excel (particularly macros/visual basics), Tableau and SQL. Experience with R and/or Python a plus.

  • Bachelor’s degree in economics, business, energy, finance, statistics, mathematics, data science, or a closely related field from an accredited college or university, or equivalent or an equivalent directly related education and/or experience. Master’s degree a plus.

  • Typically requires at least three or more years of relevant experience.

  • Professional certifications such as Chartered Financial Analyst (CFA), Professional Risk Manager (PRM), Financial Risk Manager (FRM), Certified Public Accountant (CPA), Certified Internal Auditor (CIA) a plus.

  • Incumbent must be fully vaccinated against COVID-19, unless the Bank grants an accommodation based on a medical condition or sincerely held religious belief.

This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take up to a couple of months to be completed. You can begin work before the screening is completed; however, continued employment is contingent on acceptable screening results. The areas screened may include education/employment verification, criminal history, credit history, and reference checks.

In some cases, positions require access to confidential supervisory information, access to which is limited to "Protected Individuals" as defined by regulation of the Board of Governors of the Federal Reserve System, 12 CFR 268.205. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and lawful permanent resident aliens (also known as "green card holders") who are eligible for and seeking United States citizenship within the requisite timeframes.

We offer benefits that go beyond the basics, featuring:

  • Market-leading Medical, Dental, and Vision Insurance

  • Tuition Reimbursement

  • 401k/Thrift Plan

  • Pension Plan

  • Flexible Spending Accounts

  • Life Insurance

  • Vacation & Personal Time

  • Paid Holidays

  • Parental Leave

  • Adoption Assistance

  • Onsite Fitness Center

  • Onsite Cafeteria

  • Additional Convenience Benefits, Discounts and More…

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Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Bank Examination

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 (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

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.

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