17 days old

Vice President - Regional Banking Organization

Federal Reserve Bank (FRB)
Chicago, IL 60602
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Supervision and Regulation (S&R) plays a critical role in The Federal Reserve Bank of Chicago's core mission, supervising regulating state chartered banks that are members of the Federal Reserve System, bank holding companies, financial holding companies and savings and loan holding companies. Our duty is to foster the stability, integrity and efficiency of the nation's monetary, financial and payment systems to promote optimal economic performance. We seek individuals who hold themselves to the highest standards, who flourish in an environment of collaboration and innovation. Our most successful staff have strong critical thinking skills, as well as strong verbal and written communications capability.

Job Summary:

The Federal Reserve Bank of Chicago has an immediate opening within the S&R department for a Vice President (VP) over the Regional Savings and Loans Holding Companies (SLHCs), Insurance Savings and Loans Holding Companies (ISLHCs) and the and Central Operations, Analysis & Review (COAR) teams within the Large, Specialized & Regional Institutions (LSR) Division. This position is a trusted member of the Officer team that provides strategic direction and leadership for the department. This position also represents the 7th District on the Regional Banking Organization Management Group (RBOMG) that establishes the supervisory priorities for RBO and Commercial SLHCs across the System. As part of the Bank and S&R leadership, the position works closely with senior leadership to identify business needs and delivery of long-term tactical solutions. The position will be based in our landmark office in Chicago's Financial District and currently has three direct reporting lines.

Role Responsibilities:

  • Oversees, leads and/or participates in supervisory guidance creation and implementation, improvement initiatives or department/Bank/System workgroups and initiatives
  • Determines roles, performance expectations, and development needs for team managers, and provides leadership direction for development needs of staff members
  • Creates an environment that seeks diverse views and perspectives to promote constant improvement that supports the professional growth of team members
  • Coordinates with and maintains strong working relationships with numerous stakeholders including institution management, Reserve Bank management, Board staff, and colleagues at other supervisory agencies
  • Coaches and develops others by delivering continuous feedback and ensures a productive performance management process in order to achieve business results
  • Communicates and ensures staff understanding of Bank and department goals, objectives operating policies, procedures and regulations
  • Responsible for leading talent management activities including hiring, developing, evaluating, and rewarding staff

Your Background:

  • Bachelor's degree in business related area required; Master's degree preferred.
  • 10+ years of direct-work related experience, including at least 5 years of management experience.
  • Examiner Commissioning required.
  • Knowledge of regulatory processes and regulations and work experience applying knowledge to complex situations.
  • Knowledge of emerging issues, trends and ongoing developments in supervision, as well as a strong understanding of current industry practices and emerging risk concerns.
  • Advanced technical skills and ability to effectively communicate complex concepts.
  • Demonstrated ability to build credibility and productive partnerships across multiple functional areas and all levels of an organization.
  • Demonstrated ability to provide constructive feedback, identify and develop leadership and management succession and build strong teams, including those in remote locations.
  • Proven ability to deliver strong written communication and facilitate and present products/services with complex concepts.
  • Proven ability to develop strategic plans in a complex business environment while identifying the need for and manage change to realize operational and strategic business improvements
  • Proven ability to manage and deliver on multiple, complex projects and initiatives.

Leadership Competencies:
  • Seeking candidates exhibiting strong acumen in the following areas:
  • Thinking Strategically - Thinks about issues and navigates relationships to advance the Bank's goals; Leads with the future in mind.
  • Leading Inclusively - Leverages diverse talents, positively impacts culture and engagement, and encourages development for all employees.
  • Growing Intentionally - Demonstrates self-awareness and continuous development by seeking out feedback and modifying behavior.

What We Offer:

  • Comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off and transit benefit.
  • A continuous learning environment with opportunities to gain new skills and grow your career.
  • Onsite gym and subsidized cafeteria.

Other Requirements:

  • Ability and willingness to travel (30%)
  • This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.

  • In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

  • 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.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.


Posted: 2020-02-01 Expires: 2020-03-01

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Vice President - Regional Banking Organization

Federal Reserve Bank (FRB)
Chicago, IL 60602

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