Company

　　Federal Reserve Bank of Chicago

　　The Supervision Manager will supervise a team of Analysts, Risk Management Specialists, and Quant Specialists in the Wholesale Credit Risk Center within Supervision and Regulation. This team is responsible for coordinating and maintaining licensed and regulatory wholesale credit data on behalf of the Federal Reserve System, including management of the Wholesale Credit Risk Center’s data mart. The team creates and maintains wholesale credit analytics to support analytics and supervisory stress testing to directly impact supervision. Additionally, the team participates in wholesale credit model research and development, as well as supervisory assessments of risk management and modeling performed by financial institutions.

　　The Supervision Manager will provide leadership in topics related to data management, analytics, and large bank supervisory exercises, among other technical subjects. The Supervision Manager acts as an effective leader by developing, coaching, and leading staff, including prioritizing projects and initiatives, and managing systemwide stakeholder relationships.

　　The level of work required is considered advanced and staff must be able to work under minimal supervision. This position has direct reports.

　　Department Overview:

　　Supervision and Regulation plays a critical role in the Bank's core mission, supervising and regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies and financial 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.

　　** Please provide a brief overview (cover letter) of your interest in the role and how your experience prepares you to be immediately impactful in this role.

　　Your Responsibilities:

　　Develops, coaches, leads, and effectively challenges and advises staff.

　　Oversees the infrastructure and data management needs of the WCRC’s analytical and stress testing initiatives. This involves managing the Wholesale Credit Risk Center’s data mart among other aspects, including team contributions to managing wholesale credit data and analytics

　　Reviews industry trends in relevant technical or professional knowledge areas and determines applicability to team functions.

　　Develops and maintains ongoing relationships with staff & management at the Reserve Bank, Board of Governors, and supervised firms.

　　Ensures coordination and collaboration across teams in the Wholesale Credit Risk Center and the S&R Department, including fostering knowledge sharing among local and System wholesale credit communities.

　　Performs additional duties as assigned.

　　Your Background:

　　Bachelor’s degree or equivalent experience required

　　Master's Degree in Economics, Finance, or Business Administration preferred

　　Five plus years of direct work-related experience, including active knowledge of FR Y-14 data schedules and experience working with stakeholders within a research or other model development-oriented function

　　Up to five years of management experience

　　Experience managing large data sets and end-user needs effectively, participating in and facilitating reproducible research, and working with financial or other quantitative models preferred

　　Basic proficiency in relational databases and at least one programming language such as SQL, SAS, Python, etc.

　　Knowledge & Skills:

　　Strong team management

　　Ability to assess talent and creates accountability within immediate team

　　Ability to lead teams with a variety of skillsets, create productive team dynamics and leverage strengths of staff within team and division

　　Ability to anticipate change that impacts the team and revises direction as needed

　　Demonstrates business judgment and decision making to make decisions in the best interest of the team

　　Strong communication

　　Ability to communicate in an inclusive way within direct realm of responsibility

　　Ability to solicit broad input to promote diversity of thought in coming to conclusions

　　Ability to initiate and nurture relationships when most directly impacts the work

　　Demonstrates advanced decision making and problem solving skills

　　Ability to execute and communicate strategy by leveraging business knowledge

　　Ability to learn continuously by understanding own strengths and weaknesses

　　Demonstrates openness to feedback and modifies behavior when necessary

　　Location:

　　This position is remote work mode eligible. The hybrid flex work mode is the organization’s preference and is also available to the selected candidate.

　　What we Offer:

　　Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off and transit benefit.

　　A continuous learning environment with opportunities to gain new skills and grow your career.

　　A wide range of Diversity, Equity, and Inclusion community groups as well as active employee resource groups and mentorship programs.

　　Onsite gym and subsidized cafeteria

　　Other Requirements:

　　Ability and willingness to travel up to 10%.

　　This 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 not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship.

　　As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

　　This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.

　　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.

　　Referral Bonus:

　　Our employee referral program (ERP) encourages you to introduce your talented friends or former colleagues to career opportunities at the Bank. As an incentive, an award-eligible referral of an external candidate that leads to a hire could earn you an award.

　　Full Time / Part Time

　　Full time

　　Regular / Temporary

　　Regular

　　Job Exempt (Yes / No)

　　Yes

　　Job Category

　　Bank Examination

　　Work Shift

　　First (United States of America)

　　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.

　　Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

　　OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

　　OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

　　Why Our People Choose Us:

　　Our reputation precedes us

　　There will always be room for personal growth

　　Our people are first

　　You’ll find the right balance

　　Your responsibilities will be meaningful

　　We hope that you will be our future colleague.