Federal Reserve System

Safety & Soundness Bank Examiner


Pay$50.00 / hour
LocationMemphis/Tennessee
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: R-0000027548

      Company

      Federal Reserve Bank of St. Louis

      Our Safety & Soundness unit is looking for individuals to join our team of Bank Examiners. An examiner commission is a relevant factor in consideration for these positions. However, if you lack an examiner commission, regulatory, banking, lending, capital markets, Bank Secrecy Act, fiduciary activities, information technology or related experience in the financial services industry will be considered. This position can be based in our St. Louis, MO, Little Rock, AR, or Memphis, TN offices.

      We value clear communications, financial and risk management analysis experience and individuals who enjoy working as a member of a team. 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. Safety and Soundness examiners conduct community and regional bank examinations, and bank holding company inspections. To support your professional advancement, we provide a well-defined career progression and an Examiner Commissioning Program to assist you in achieving your professional goals. Click here for more information.

      Travel Requirement

      This position requires overnight travel, or if in range, commutable travel. You will travel approximately 50 nights per year, averaging 20-30% of workdays within the Eighth Federal Reserve District. It includes overnight stays (up to five consecutive days), travel mostly by vehicle, but some air travel may be involved as well. The St Louis Fed diligently works to provide a positive Work / Life Balance through flexible on-site work arrangements, a compressed work schedule, and periodic work from home opportunities.

      Responsibilities

      • Evaluate the soundness of an organization's financial condition, including capital, asset quality, earnings, liquidity and exposure to interest rate risk.
      • Assess the effectiveness of risk management, including board and management oversight, policies & procedures, internal controls and management information systems.
      • Ensure compliance with banking laws and regulations.

      Qualifications

      • Bachelor’s degree in business or business-related field or commensurate experience.
      • Five years relevant banking experience (e.g., lending, capital markets, Bank Secrecy Act, fiduciary activities, information technology or related experience)
        • Candidates with less experience may be considered at a lower job grade or salary.
      • Ability to lead or participate in bank examinations or bank holding company inspections, or key areas within those activities.
      • Sound ability to create professional supervisory reports.
      • Knowledge in areas of finance, accounting, lending, banking operations or related fields.
      • Interest in coaching, mentoring, and developing peers.
      • Work in a team setting, serving as an enthusiastic team member or team leader.
      • You must live in, or relocate to, the 8th District and work out of our Little Rock, AR, Memphis, TN, or St. Louis, MO, offices. Relocation incentives are available.
      • Hybrid schedule – Must work in the office 3 days per week, when you’re not traveling.
      • Not eligible for remote status.

      Total Rewards

      Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your career growth—along with a wide range of benefits and perks that support your health, wealth, and life.

      Salary: Non-commissioned examiners: $70,000 - $95,000; Commissioned examiners: $100,000 - $150,000

      In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:

      • Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
      • 401k/Thrift Plan with generous employer match
      • Employer-funded Pension Plan
      • Paid Vacation/Sick Time & Holidays
      • Flexible Spending Accounts and Healthcare Spending Accounts
      • Flexible Work Schedule available in most departments
      • Life Insurance and Long Term Disability Insurance
      • Tuition Reimbursement (undergraduate and graduate)
      • Parental Leave
      • Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities
      • Onsite Cafeteria & Coffee Shop
      • Additional Convenience Benefits, Discounts and More…

      At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank’s culture.

      The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.

      This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a U.S. citizen when eligible.

      All employees who require access to CSI and/or FOMC information are subject to periodic background investigations and must comply with all applicable information handling policies.

      Full Time / Part Time

      Full time

      Regular / Temporary

      Regular

      Job Exempt (Yes / No)

      No

      Job Category

      Bank Examination

      Work Shift

      First (United States of America)

      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.

      Privacy Notice

  • About the company

      The Federal Reserve System is the central banking system of the United States of America.

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