Supervision/Financial Analyst

About the role

The Federal Reserve Bank of Richmond is seeking a Supervision Analyst on the Applications & Enforcements team in the Supervision, Regulation and Credit (SRC) department. Reporting to a senior manager, the analyst will evaluate expansionary proposals and analyze other filings for regulatory determination or approval.

Responsibilities

• Review regulatory filings for applicable statutory factors in support of regulatory determination or approval recommendations
• Analyze data, perform research, interpret supervisory information and review for compliance with applicable laws, regulations, and policies to reach accurate, in-depth conclusions
• Prepare high-quality informal and formal written correspondence, internal memoranda and other deliverables supported by accurate analysis and sound judgment
• Communicate clearly and proactively with relevant stakeholders to ensure effective information sharing and timely deliverables
• Develop and maintain knowledge of banking risks, laws and regulations, and Board policies and guidance
• Build and maintain collaborative work relationships and networks with both internal and external stakeholders, such as other Reserve Banks, Board staff, and other agencies
• Contribute to and sometimes lead process improvement and knowledge sharing efforts
• Perform other duties assigned including participation in Federal Reserve System, Bank and SRC work groups

Qualifications

• Bachelor’s degree in Economics, Finance, Accounting, Business Administration or related field (or equivalent experience)
• Experience Requirements by Level:
  • Intermediate level: 3-5+ years in regulatory, banking, legal or finance-related field
  • Senior Level: 5-9 years in supervision/banking analysis or related role
  • Advanced Level: 9+ years in supervision/banking analysis or related role
• Skills in financial analysis of banks, bank holding companies and other similar entities
• Knowledge of banking industry regulatory applications processing, laws and regulations, supervisory policies and guidance is highly desired
• Prior financial institution supervision experience (Examiner commission) is a plus

Skills

• Knowledge of banking industry regulatory applications processing, laws and regulations, supervisory policies and guidance is highly desired
• Prior financial institution supervision experience (Examiner commission) is a plus