Federal Reserve Bank of Kansas City
Associate Examiner / Examiner','254140','Federal Reserve Bank of Atlanta','GA-Atlanta','','Full-time','Regular','Non-exempt','Non-exempt','Entry Level Job Type','','','Yes, 50 % of the Time','Day Job','','','Tier II - No Credit Check','Tier II - No Credit Check','','','','!*!Position Summary:
Assists with the supervision of financial institutions (state member banks, financial holding companies, domestic and foreign-owned bank holding companies, foreign banking organizations, and nonbank subsidiaries) by proactively identifying risks through on and off-site examination and monitoring activities to ensure that the institutions are operating in a safe and sound manner and in compliance with applicable laws and regulations. Has knowledge of commonly used concepts, practices and procedures, but typically work under immediate supervision.
Basic to intermediate knowledge to analyze and evaluate operational and technology risk management; to include assessing technology risk, information security, and cyber security. Review technology development and acquisition processes, as well as support and delivery capabilities, including risks associated with outsourcing/vendor management, security, networks, and contingency planning. Analyze business continuity programs and risk profiles. Assess systems of internal controls and the quality of internal and external audit function of information technology departments/functions.
Assists in pre-examination/inspection preparation, completes less complex assignments during examinations and inspections, and documents findings in adequate workpapers. Analyzes financial and consumer information for consistency with appropriate policies and procedures. Reviews emerging technologies, management information systems, transaction processing systems, and the adequacy of audit and internal controls.
Assists other experienced personnel in obtaining and analyzing data/information and conducting meetings/interviews with financial institution management/personnel to assess performance in a specific function or line of business.
Prepares and communicates summary of findings and significant issues to immediate manager, financial institution management, and/or Reserve Bank management. Collaborates and communicates effectively with staff across the Division, Federal Reserve System, other principal regulatory agencies.
Conducts surveillance of selected institutions, compiling documentation and reports and advising others of issues identified during the review.
Develops and maintains knowledge of current regulations, laws, trends, and developments. Attends formal training classes, participates in on-the-job training, and completes a prescribed program of self-study. Develops strong writing skills.
Bachelor's Degree or 4 years equivalent experience; Bachelor's Degree preferred
Less than two years
Knowledge Area/Technical Skills/Certifications and Licenses:
Basic to intermediate knowledge of, and experience evaluating, information technology and risk management concepts and prudent practices for managing those risks.
Basic to moderate degree of familiarity with information technology concepts and applications in a range of operating environments.
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 (e.g. emergencies, rush jobs, change in workload or technological developments).
The Federal Reserve Bank of Atlanta is an equal opportunity employer. ','!*!Individual Competencies
Communicates Effectively','Associate Examiner / Examiner
Federal Reserve Bank of Kansas City
Website : https://www.kansascityfed.org/
The Federal Reserve was established by Congress and signed by President Woodrow Wilson in 1913. It was preceded by financial panics, bank failures and business bankruptcies that severely disrupted the economy. There were two prior attempts at establishing central banks.