Federal Reserve Bank of Chicago
Chicago, IL
Full description:
https://frb.taleo.net/careersection/2/jobdetail.ftl?job=246903&lang=en#.V3wtHAbbv5I
Supervision and Regulation Department: Consumer Compliance Division
The Federal Reserve Bank of Chicago is searching for highly qualified candidates for an immediate opening for a Supervision Analyst to conduct data driven activities in support of supervisory objectives. Ideal candidates will have knowledge of housing, economic, and demographic data and sources, analytic skills including basic programming and query design knowledge and commitment to consumer protection. The position will be based in our landmark office in Chicago’s Financial District.
Job Summary
The Federal Reserve Bank of Chicago plays a key role in supervising compliance with consumer protection laws for banks within the Seventh District and for the largest bank holding companies regulated by the Federal Reserve. Within the Supervision and Regulation Department, the Supervision Analyst team is responsible for collecting, compiling and disseminating data in support of individual and portfolio supervisory activity. Furthermore, the Supervision Analyst team is responsible for developing intelligence on trends, risks, and data to inform supervisory and policy development throughout the Federal Reserve System.
The Supervision Analyst will work with data sources and portfolio managers to assist in the use of data driven supervision efforts for consumer protection laws. The position will work closely with other Consumer Compliance Supervision Analysts, as well as Consumer Compliance Risk Specialists to build data for use in supervisory exams and activity, create workflows, enhance procedures, and identify emerging institutional and/or portfolio level risks. This position will work with the following (although not limited to) data sources: institutional loan level data, HMDA, Small Business (CRA) and census data, and internal supervisory or regulatory databases. This position also requires the ability to produce and analyze maps.
Essential Duties
Supervision and Regulation Department: Consumer Compliance Division
The Federal Reserve Bank of Chicago is searching for highly qualified candidates for an immediate opening for a Supervision Analyst to conduct data driven activities in support of supervisory objectives. Ideal candidates will have knowledge of housing, economic, and demographic data and sources, analytic skills including basic programming and query design knowledge and commitment to consumer protection. The position will be based in our landmark office in Chicago’s Financial District.
Job Summary
The Federal Reserve Bank of Chicago plays a key role in supervising compliance with consumer protection laws for banks within the Seventh District and for the largest bank holding companies regulated by the Federal Reserve. Within the Supervision and Regulation Department, the Supervision Analyst team is responsible for collecting, compiling and disseminating data in support of individual and portfolio supervisory activity. Furthermore, the Supervision Analyst team is responsible for developing intelligence on trends, risks, and data to inform supervisory and policy development throughout the Federal Reserve System.
The Supervision Analyst will work with data sources and portfolio managers to assist in the use of data driven supervision efforts for consumer protection laws. The position will work closely with other Consumer Compliance Supervision Analysts, as well as Consumer Compliance Risk Specialists to build data for use in supervisory exams and activity, create workflows, enhance procedures, and identify emerging institutional and/or portfolio level risks. This position will work with the following (although not limited to) data sources: institutional loan level data, HMDA, Small Business (CRA) and census data, and internal supervisory or regulatory databases. This position also requires the ability to produce and analyze maps.
Essential Duties
- Develop materials to support exam activities that are accurate, quality-based, procedurally compliant and timely
- Provide consultative activities to portfolio managers and examiners-in-charge with regards to data for exam specific activities
- Identify and craft automated solutions for data and workflow processes, while continuing to assume ownership for procedural documents and processes
- Collaborate to identify additional reporting needs and execute on building and delivering materials to portfolio managers, as well as senior level management
- Develop and maintain strong ongoing relationships with supervisory personnel within the business line, division and across Reserve Banks
- Performs other duties as assigned
- Bachelor's degree or equivalent experience. Coursework in Economics, Finance, Computer Science, Mathematics, Statistics or Business Administration preferred
- Over three years of direct work-related experience.
- Experience with SQL and or SAS preferred
- Strong Excel Skills, including automation of routine functions, VBA a plus
- Knowledge of GIS
- Ability to work with external data, curate division data resources and compile new data sets
- Knowledge of SharePoint, experience with WorkFlows or NinTex a plus.
- Demonstrates independent thinking and decision-making abilities
- Demonstrates strong written and oral communication abilities
- Possesses and applies both specific and broad knowledge of principles, practices, and procedures of consumer protection
- Applicants must be U.S. Citizens or permanent residents with the intent to become U.S. Citizens
- 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