Consumer Compliance Bank Examiner
New York, NY 
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Job Description
Federal Reserve Bank of New York
Primary LocationNY-New York City
Full-time / Part-timeFull-time
Employee StatusRegular
Overtime StatusExempt
Job TypeExperienced
TravelYes, 25 % of the Time
ShiftDay Job
Job SensitivityNot Evaluated

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. It is a challenge that demands the skills of a financial service professional and the intelligence of an academic-all combined with a passion for public service.

What we do:
Consumer compliance examiners conduct examinations and specialized supervisory activities at state member banks, bank holding companies, and certain U.S. branches and agencies of foreign banks to enforce federal consumer protection laws and regulations and to promote access to banking services in historically underserved markets. Examiners also investigate consumer complaints filed against state member banks.

Your role as Consumer Compliance Bank Examiner:

  • Conduct supervisory activities to determine banking organizations' compliance with regulations and statutes related to the Community Reinvestment Act as well as consumer compliance, fair lending, and other supervisory activities such as monitoring and completing risk assessments..
  • Ability to evaluate and report on moderate to complex regulatory matters
  • Perform and supervise risk-focused examinations, present findings, as well as prepare reports and workpapers that support exam findings. This includes the communication of findings to the FRBNY and senior bank management
  • Assess compliance risk management programs and practices, internal audits and internal controls
  • Participate in or lead department and system-wide task force committees and make recommendations related to supervisory/regulatory practices, policies, and proposals.
  • Conduct formal training on consumer compliance regulatory topics and act as a mentor for less experienced staff members

What we are looking for:

  • Bachelor`s Degree or Master`s Degree
  • Examiner Commissioning
  • Certified Regulatory Compliance Manager (CRCM) designation strongly preferred
  • Examiner commission required or eligible to complete proficiency test within six months and has 3+ years of industry experience in consumer compliance
  • Intermediate to advanced skills in at least two disciplines: regulatory supervision and consumer compliance matters
  • Familiarity with the risk-focused supervision process and the examination process for domestic banks and bank holding companies preferred
  • Ability to travel locally or domestically, overnight throughout the Second Reserve District and to other Federal Reserve Banks as needed (up to 25% travel)


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
  • Flexible Work Arrangements
  • And


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.

In addition, all candidatesmust 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, or military service.

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.


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.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3+ years
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