CompanyFederal 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 and Credit (S+C) Division supervises financial institutions and service providers to financial institutions in the western United States. Our mission is to ensure a safe, sound, and accessible financial system. S+C implements supervision programs that promote safety and soundness of supervised institutions and the financial stability of the U.S economy. One of the four supervision programs that is performed by SF Fed S+C is the Large Institution Supervision Coordinating Committee (LISCC) program. The Federal Reserve created the LISCC supervisory program to coordinate its supervisory oversight of large financial institutions that pose the greatest risk to U.S. financial stability.

The LISCC supervision program is the Federal Reserve's national supervisory program for the nation's largest, most complex systemic financial institutions. The program is overseen by the LISCC Operating Committee and implemented by hundreds of staff supplied by multiple Reserve Banks and the Board. A core component of the LISCC Program is the Governance and Controls (GandC) Program which consists of three core assessment areas (pillars) that align with the elements of the GandC rating: (1) Board Effectiveness, (2) Management of Business Lines (MBL), and (3) Independent Risk Management and Controls (IRMC). The GandC Program is conducted through a range of supervisory activities, including firm-specific examinations, common scope horizontal examinations, common team horizontal examinations, and supervisory issues follow-up.

The Operational Risk and Resilience (ORR) team evaluates business line operational controls and technology, risk control self-assessment, risk aggregation, data quality and aggregation, vendor risk management and business resiliency and continuity of financial institutions supervised under the National LISSC program. Right now, we have a fantastic opportunity for Sr. Risk Specialist to join our team. Our ideal candidate has industry or regulatory experience with large ($100 billion +) banks, in areas including but not limited to audit, risk management, or business line operations. Existing examiner commissioning is helpful but not required.

Essential Responsibilities: In this important role you will evaluate key aspects of a firms' operational risk management and business resilience capabilities, including: business line operational controls and technology; risk control self-assessment; risk aggregation; enterprise data management; operational risk appetite, measurement, reporting, and control; vendor and third party risk management; and continuity of operations. You will work closely in a collaborative manner with a variety of different partners (other risk specialists across the Federal Reserve System, and risk examiners from other supervisory agencies) to identify and monitor emerging issues, trends, vulnerabilities, and ongoing developments in the continuous assessment of operational risk and resilience activities.

• Maintaining an advanced level of... For full info follow application link.

The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer. Our people reflect the diversity and the ideas of the community we serve.