Assistant Bank Examiner – Federal Reserve Bank of St. Louis

Location:  Little Rock, AR
Job Title:  Assistant Bank Examiner
Annual Salary:  $50,000

Duties:
Conduct financial institution examinations/inspections in order to:
Evaluate the soundness of the institution’s assets and the effectiveness of its internal operations, policies and management;
Analyze key financial factors, such as capital, earnings and liquidity;
Assess the institution’s sensitivity to certain risks;
Check for compliance with banking laws and regulations; and,
Review and analyze various reports to gauge the overall soundness of District institutions and identify those that fail certain financial criteria

The St Louis Fed is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas with branches in Little Rock, Louisville and Memphis. The St. Louis Fed’s most critical functions include: promoting stable prices and economic growth, fostering a sound financial system, providing payment services to financial institutions, supporting the U.S. Treasury’s financial operations, and advancing economic education, community development and fair access to credit. The Bank strives to maintain an engaging and exciting work environment that is both inviting and collegial.

Ranked as a Top Workplace, The Federal Reserve Bank of St Louis is committed to building an inclusive workplace, where employees’ diversity—in age, gender, race and ethnicity, sexual orientation, gender identity or expression, disability, as well as cultural traditions, religion, life experiences, education and socioeconomic backgrounds—are recognized as a strength. Embracing our diversity encourages employees to bring their valued perspectives to the table when generating ideas and solving problems, and promotes an environment where innovation and excellence thrive.

The Supervision Division of the Federal Reserve Bank of St. Louis is looking for Assistant Bank Examiners for its Safety and Soundness Unit, to be located in Memphis or Little Rock. As an Assistant Bank Examiner, you will travel across the Eighth Federal Reserve District as part of a team to analyze and communicate examination findings of financial institutions. This is an excellent opportunity to learn about banks and the banking industry as well as develop effective analytical and examination skills. In addition to the excellent first-hand banking experience and on-the-job training, Assistant Bank Examiners are given a structured professional training program that will lead to the designation of Commissioned Bank Examiner. We invite you to join our growing team of experienced examiners and see all the opportunities that await you!

The Federal Reserve Bank of St. Louis acts as the supervisor and regulator for State Member Banks and Bank Holding Companies in the eighth district. All applicants must be able to: a) work as a team member to conduct commercial bank examinations and bank holding company inspections as mandated by the Board of Governors of the Federal Reserve System; b) review risk management processes while evaluating asset quality, earnings, capital adequacy, funding, interest rate risk, and bank management; c) verify compliance with a variety of laws and regulations; and, d) write examination reports, risk assessments, and other correspondence, and discuss supervision matters with Board of Directors and all levels of bank management.

Percentage of overnight travel for this position: up to 75%

How to Apply: https://www.stlouisfed.org/careers/yourcareer/search-jobs