Vice President – Large Financial Institution Supervision at Federal Reserve Bank of Philadelphia

CompanyFederal Reserve Bank of RichmondWhen you join the Federal Reservethe nations central bankyoull play a key role collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities. Bring your passion and expertise and well provide the opportunities that will challenge you and propel your growthalong with a wide range of benefits and perks that support your health wealth and addition to competitive compensation we offer a comprehensive benefits package that includes tuition assistance generous paid time off top-notch health care benefits child and family care leave professional development opportunities a 401(k) match pension and more. All brought together in a work environment where you can truly find balance.Onsite presence required.About the Opportunity The Large Financial Institution Supervision (LFIS) unit of the Supervision Regulation & Credit (SRC) Department has an immediate opening for a Vice President within the Large Financial Institution Supervision Portfolio Group (LFIS-PG). This position is responsible for overseeing day-to-day operations and talent management across the LFIS-PG including oversight of financial and technology risk specialists who support both local and System supervisory activities.This position is considered an officer level role requiring capabilities experiences and skills commensurate with leading a diverse group of managers and individual contributors; interacts with peers throughout the System; serves on System Supervision committees; periodically leads or serves on System projects; and influences internal and external parties. This position reports directly to the Senior Vice President of the LFIS-PG unit and is responsible for supervising four senior managers within the groupWhat You Will Do:Oversee strategic business initiatives from development through successful execution driving operational excellence and ensuring alignment with SRCs broader strategic vision.Provide thought leadership on the supervision of financial and technology risk ensuring alignment with System Supervision Operating Principles.Attract and develop the best talent in the System by developing strategies to ensure that the team maintains the latest knowledge and experience on emerging financial and technology risks relating to the financial industry and the regulatory firms in the district and System portfolio.Partner with Board and System senior leadership to allocate and prioritize staffing resources to the highest risk areas.Partner with Board and System senior leadership to drive enhanced programs and participate on key System committees that influence financial and technology supervision policy and other efforts.Leverage our distinct portfolio of supervised financial institutions and unique Bank partnerships to develop views on governance/oversight processes and practices that improve supervised firms ability to manage financial and technology risk (across all portfolios).Support System partners with the development of performance metrics that ensure accountability to any service level agreements that govern national programs and to take a data-driven approach to decision-making.Serve as LFIS-PGs primary point of contact with Fifth District business partners including human resources applications/enforcement legal and communications.Qualifications:Bachelors degree in finance Information Technology Economics Business Management or related fieldMinimum of 15 years of regulatory or industry experience and a minimum of 7 years of large bank experienceSignificant leadership experience (minimum of 7-10 years) in management; significant experience leading multiple large cross-functional teams in complex environments (virtual remote multi-site etc.)Proven thought leader that has demonstrated the ability to provide vision and influence to create a significant following; demonstrated ability to deliver on significant transformational results in financial industryAbility to manage complex and sensitive issues with colleagues and key stakeholdersExcellent communication skills with the ability to provide clear and concise information and/or instruction to key stakeholdersExceptional judgement and decision-making skillsAdvanced level knowledge of financial and technology related risks applicable to financial institutions preferredExaminer commission and credentials required (or willingness to complete) preferredMust be willing to travel when conditions permitDiscover the Reason Why So Many People Love It Here!When you join the Richmond Fed not only will you find a challenging and purposeful career youll also have access to a wide range of benefits and perks that support your health and wealth including:Great medical benefitsPension and 401(k) with employer matchPaid time offTuition reimbursementPaid volunteer leaveOnsite amenities that make working here fun!Other Requirements and Considerations: Candidates should review the Banks Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions.If you need assistance or an accommodation due to a disability please notify .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.Under Conflict of Interest guidelines administered by the Board of Governors of the Federal Reserve System examining personnel may not participate on an examination of a financial institution or affiliate if the examiner was employed by the financial institution or affiliate within the past 12 months.Please review Banks Employee Code of Conduct to ensure there are no major issues related to your previous employment and current financial interests (relevant sections are 5.3 and Appendix B Parts I II and III). FRB ethics rules generally prohibit employees and their immediate families from owning investments in banks savings associations or their holding companies (Section 5.3). Additionally employees engaged in Supervision and Regulation may be subject to borrowing and deposit restrictions. These employees may need to recuse themselves from certain supervisory work based on:Their borrowing relationships (Appendix B Parts I.1 II.1 and II.2)If a financial institution employs a member of the employees immediate family (i.e. spouse child parent or sibling) (Appendix B Part I.3 and Part II.3)If the individual was employed by the financial institution or affiliate within the past 12 months (Appendix B Part I.3 and II.3).In certain cases the recusal may be so extensive it could materially reduce the effectiveness of the prospective employees job responsibilities.The hiring range of this position is $222600 $278300 annually.Salary offered will be based on the job responsibilities and the individuals knowledge skills and experience as defined in the job qualifications.Interested candidates are strongly encouraged to apply by 12/06/2025. Applications are reviewed on a rolling basis.Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryWork ShiftFirst (United States of America)The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.Always verify and apply to jobs on Federal Reserve System Careers ( or through verified Federal Reserve Bank social media channels.Privacy NoticeRequired Experience:Exec Key Skills Change Management,Financial Services,Growing Experience,Managed Care,Management Experience,Analysis Skills,Senior Leadership,Performance Management,Process Management,Leadership Experience,negotiation,Analytics Employment Type : Full-Time Experience: years Vacancy: 1 Yearly Salary Salary: 222600 - 278300