Federal Reserve Bank (FRB)
Assistant Vice President- Supervisory & Business Analytics, Reporting, and Finance - Supervision & Regulation (Project Management)
To this end, the Federal Reserve Bank of Chicago serves the public interest by participating in the formulation and implementation of national monetary policy; supervising and regulating state member banks, bank holding companies and foreign bank branches; providing financial services to depository institutions, designated financial market utilities, and the U.S. government; and promoting consumer protection and community development.
The Seventh Federal Reserve District serves a five-state region, comprising all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin. The Seventh District has more individual banks than any other Federal Reserve District. It also comprises a considerable part of the nation's manufacturing base — especially capital goods and consumer durables — as well as agricultural production and food processing.
Supervision & Regulation Department
Supervision and Regulation (S&R) plays a critical role in the Federal Reserve Bank of Chicago's core mission, supervising regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, financial holding companies and savings and loan holding companies. Our duty is to foster the stability, integrity and efficiency of the nation's monetary, financial and payment systems to promote optimal economic performance. We seek individuals who hold themselves to the highest standards, who flourish in an environment of collaboration and innovation. Our most successful staff have strong critical thinking skills, as well as strong verbal and written communications capability.
Job Summary:
The Federal Reserve Bank of Chicago has an immediate opening within the S&R department for an Assistant Vice President (AVP) of Supervisory & Business Analytics, Reporting, and Finance in the Business Partnerships and Optimization division with 3 managers as direct reports and ultimate responsibility for approximately 14 employees. This position is a trusted member of the Officer team that provides strategic direction and leadership for the department. This position directs the efforts of supervisory & business analytics, reporting insights, and finance teams that contribute to the core supervision and operations within S&R, including enhanced monitoring, position management, budgeting and forecasting, National Cyber Program resource management, and Common Exam Platform and Common Data Platform. As part of the Reserve Bank and S&R leadership, the position works closely with senior leadership to identify business needs and delivery of short-and long-term solutions.
NOTE: This role requires leadership over a broad range of subject areas specific to Supervision and Regulation including data analytics, reporting, and finance. Please provide a brief overview (cover letter) describing how your experiences have prepared you for this role. Please also provide why you are interested in this role.
Your Responsibilities:
Leadership Competencies – Seeking candidates exhibiting strong acumen in the following areas:
Knowledge & Skills:
Education:
What we offer:
Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, pension plan, paid time off, transit benefit, onsite gym and subsidized cafeteria. A flexible work and continuous learning environment with opportunities to gain new skills and grow your career.
Location:
This position is considered Hybrid. Your presence will be required at one of the 7th District offices- Chicago, Detroit or Des Moines. Chicago office is preferred.
Other Requirements:
We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.
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.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.