Two Chicks With A Side Hustle

While the SF Fed is a Reserve Bank, we’re not what you might expect. We’re unreserved here. That means we seek new and diverse perspectives. We spark conversations and encourage debate. We build opportunity. We pursue careers that are true to ourselves. We are looking for people who want to help our country reach its full economic potential. When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone.

Position Summary:

We are looking for a Risk Specialist to work in the Supervision and Credit Division for a one-year term remote position with full benefits.

Responsibilities:

  • Work in teams to complete examinations under the direction of an Examiner-in-Charge.  Specific duties of a safety and soundness examiner include:
  • Analyzing financial condition and operating performance, including capital, earnings, liquidity, and sensitivity to market risk,
  • Evaluating asset quality by performing credit analysis of the loan and securities portfolios. 
  • Conduct loan file transaction testing to determine regulatory credit risk grades by analyzing repayment capacity, including global capacity as needed, and collateral coverage.
  • Evaluate loan grading, underwriting standards, and credit administration practices pertaining to the credits assigned.  Assess loan grading accuracy, timely recognition of changes in loan quality, adherence to underwriting standards, policy exceptions, and covenant compliance.
  • Document well-supported findings and conclusions in accordance with Federal Reserve System requirements.  Prepare loan write-ups as directed by the Asset Manager or Examiner-in-Charge.
  • Participate in periodic loan review roundtables to discuss review status and any emerging issues.

Requirements:

  • Active examiner commission issued by the Board of Governors of the Federal Reserve System or other federal agency is preferred.
  • Bachelor’s degree is required; a major in business, economics, finance, accounting, or a related field is preferred. 
  • Typically requires five or more years of direct or comparable banking, financial industry, or banking supervision experience.  
  • An understanding of business risks risk management, and banking principles.
  • Strong problem solving and analytical thinking skills.
  • Strong verbal and written communication skills. Intermediate to advanced familiarity with the Microsoft Office suite, including Microsoft Word, Excel, and Power Point. 

salary range: 127,400.00 – 167,800.00 – 208,500.00 USD Annual

The default salary is for San Francisco.  For individuals not within the San Francisco location, the range will be adjusted for your geographic location.

This position requires access to confidential supervisory information, which is limited to “Protected Individuals.”  Protected Individuals include, but are not limited to, U.S. citizens and U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so or who will sign a declaration of intent to apply for naturalization before they begin employment.   

At the Federal Reserve Bank of San Francisco, we offer a wonderful benefits package including: Medical, Dental, Vision, Pretax Flexible Spending Account, Paid Family Leave Care, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holiday’s, Pet Insurance, Matching 401(k), and an unheard-of Retirement / Pension.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. 

Bank Examination

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.

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