The Financial Institution Supervision and Credit Division is responsible for the supervision and regulation of state member banks (SMBs), bank holding companies (BHCs), savings and loan holding companies (SLHCs), financial holding companies (FHCs), data service providers, trust companies, and foreign banking organizations (FBOs) that operate in the 12th District. Supervised institutions are located in all states of the District and range in size and complexity from small community organizations to some of the largest banking organizations in the country.
Consumer compliance examiners help promote market efficiency and fairness in consumer financial services. They enforce federal consumer protection laws and regulations and promote access to banking services in historically underserved markets through various means, including the conduct examinations, investigation of consumer complaints and outreach activities to the banking industry.
Leading examinations and assessing compliance with consumer protection laws and regulations, including fair lending laws and regulations, rules regarding unfair or deceptive acts or practices and the Community Reinvestment Act.
Assessing management performance and the effectiveness of compliance risk management practices.
Determining the effectiveness of an institution’s control environment, including internal audit and other related activities.
Developing risk assessments detailing the compliance risks of an institution or portfolio of institutions.
Monitoring the performance and risks of an institution or portfolio of institutions on an ongoing basis.
Working in teams to complete on-site examinations under the direction of an Examiner-in-Charge.
Investigating consumer complaints related to consumer protection laws and regulations.
Participating in various conferences, seminars and other outreach activities to provide current regulatory perspectives to the banking industry.
Maintaining strong knowledge of banking and regulatory environments, particularly as related to consumer protection laws and regulations.
Position Requirements and Qualifications:
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.
Valid driver's license is required.
Active examiner commission issued by the Board of Governors of the Federal Reserve System or other federal agency is required.
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.
Ability to travel 25 to 40 percent.
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.
Effective October 1, 2021, all employees must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank’s vaccination policy; the Bank will provide accommodations as required by law for individuals unable to be vaccinated due to medical condition or sincerely held religious belief.
Why us? We value excellence, integrity, collaboration, diversity, and work/life balance. We offer an excellent benefits package, an alternate work schedule, tuition reimbursement and an opportunity to work on a great team.
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.
The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer.
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, from economists and cash processors to bank supervisors and cloud engineers. When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone. If that’s the kind of impact you’d like to make with your everyday work, find your next career opportunity here.