Vice President, Large Bank Supervision
Federal Reserve Bank
- Boston, MA
- Permanent
- Full-time
- Conducting leading-edge research and education on monetary policy, financial markets and stability, and important regional and national economic concerns.
- Providing financial stability expertise through a deep knowledge of money markets and the institutions key to those markets.
- Conducting dynamic, comprehensive bank supervision through on-site examination and by monitoring banking conditions, practices, and emerging issues.
- Providing efficient, high-quality payments services for depository institutions.
- Transforming the nation’s payments system by leading the development of the FedNowSM Service (“FedNow”), a real-time gross payments settlement system.
- Pursuing cooperative endeavors with business, community, and government leaders to address key local and regional economic issues, often with a focus on community development and economic opportunity.
- Supporting and improving economic outcomes for the broader community, particularly low- and moderate-income individuals. This commitment is reflected in our research on race and its link to economic well-being, our Working Places community development programs, and our initiative to improve the quality of low-wage jobs.
- Building institutional expertise and flexibility by identifying, engaging, and developing a highly trained and diverse staff.
- Providing leadership to System initiatives and interacting with other regulatory bodies and central banks.
- Promoting financial stability and public confidence in the bank system through:
- Our high value contributions to System supervision, regulation and credit efforts, with an emphasis on First District banking organizations; and
- Our integration of the discount window, reserves, counterparty credit risk control, statistical data management, supervisory and regulatory work in support of effective monetary policy
- Protecting consumers by ensuring financial institutions comply with laws and regulations as well as encouraging those institutions to responsibly meet the needs of their communities.
- Contributing to policy through our expertise in the analysis of risk faced by domestic and global financial service organizations.
- Champion an inclusive environment to lead the System’s Diversity, Equity, and Inclusion goals.
- Lead with a strategic, action-oriented mindset that is focused on performance, accountability, and outcomes.
- Drive results that are beneficial to System and local efforts (demands).
- Be a role model and serve as an active talent champion, coach, mentor, and connector.
- Engage in intellectual curiosity, agility, and experimentation to drive innovation.
- Build trust and serve as a helpful and contributing colleague.
- Embrace and demonstrate a growth mindset including the new principles and practices as the future of work evolves.
- Manage ambiguity by comfortably dealing with the uncertainty of change;
- Demonstrate organizational savvy by seamlessly maneuvering through complex policies, processes
- and people dynamics; and
- Deal with complex situations through high quality decision-making and problem solving.
- Eligibility to work in the United States.
- Residency in the First District within commuting distance of the office to manage a team with a frequent on-site presence.
- Willingness to travel (25%), both domestically and internationally.
- Outside activities that are inconsistent with the employee’s duties and responsibilities, e.g., holding a position as a director of a publicly traded company
- Certain partisan political activities, such as fundraising or holding partisan elected office.