Assistant Examiner (Consumer)

Assistant Examiner (Consumer)-252032
Federal Reserve Bank of Dallas
Primary Location
TX-Dallas
Full-time / Part-time
Full-time
Employee Status
Regular
Overtime Status
Non-exempt
Job Type
Experienced
Travel
Yes, 50 % of the Time
Shift
Day Job
Work Hours Alternate Work Schedule – 80 hrs – 2 weeks
Job Sensitivity Tier II – Credit Check

ORGANIZATIONAL SUMMARY:
As part of the nation’s central bank, the Federal Reserve Bank of Dallas is committed to strengthening the economy and our communities. At the Fed, you have the opportunity to become part of an important public service institution whose work touches lives across the globe. It’s a big job and that’s why we need talented, results-driven professionals who care about making a difference.

POSITION SUMMARY:
Under direct oversight, participates in the supervision of financial institutions. This is accomplished by identifying and analyzing risks through supervision and monitoring activities, to ensure institutions are operating in a safe and sound manner and complying with applicable laws and regulations. Meets with the management of financial institutions to discuss findings. Begins the Examiner Commissioning Program. May begin developing skills in one or more risk areas or topics.

Conducts examinations and or inspections of financial entities to determine their compliance with applicable consumer laws and regulations and the Community Reinvestment Act. May assist and/or lead in the examination of small and non-complex banks.

JOB RESPONSIBILITIES:

• Performs routine assignments in the entry level to a professional job progression
• Under direct oversight, participates in supervisory activities using Federal Reserve System Consumer Compliance examination techniques.
• Assist in post-supervisory activities by compiling, analyzing, writing, and/or proof reading portions of supervisory reports for distribution.
• Obtains prior to supervisory activities, an awareness and familiarity with the entity through all available information, such as correspondence; applications; and regulatory banking performance, and annual reports.
• Begins the Examiner Commission Program. Participates in on-going training to acquire and improve knowledge related to the banking industry and to regulatory activities over the industry.

JOB REQUIREMENTS:

• Research, comprehend, and apply consumer-related banking laws and regulations.
• Understand and follow Federal Reserve System Consumer Compliance examination techniques.
• Research, comprehend, and apply the Community Reinvestment Act (CRA) and to evaluate bank performance under the Act using established procedures.
• General knowledge of economics, business and banking principles.
• Skill in using PC software including Microsoft Office.
• Skill in applying mathematical functions to include ratio analysis.
• Skill in developing effective written and oral communications.
• Ability to manage and organize work.
• Ability to lead formalized discussions of compliance examination findings and offer recommendations to implement corrective actions.
• Ability to determine the adequacy of an institution CRA performance in meeting local community credit needs.
• Overnight travel 50%.

COMPETENCIES:

• Functional Knowledge – Requires conceptual knowledge of theories, practices and procedures within a discipline.
• Expertise – Applies general knowledge of business developed through education or past experience.
• Leadership – No supervisory responsibilities; accountable for developing technical contribution.
• Problem Solving – Uses existing procedures to solve standard problems; analyzes information and standard practices to make judgments.
• Impact – Has limited impact on own work team; works within standardized procedures and practices to achieve objectives and meet deadlines.
• Interpersonal Skills – Exchanges straightforward information, asks questions and checks for understanding

EDUCATION AND EXPERIENCE:

• Bachelor’s degree in Business Administration or related field
• One to three years of experience in a commercial banking environment; lending or operations preferred to equivalent experience with a regulatory agency
• Equivalent education and/or experience may be substituted for any of the above requirements

WORK HOURS AND CONDITIONS:

M-F from 8:00 a.m. to 5:00 p.m.; alternate work schedule 80 hours/2 weeks.

Travel up to 50% of the time.

Notes

• This position will be located in the Dallas office.
• This job may be filled at an Assistant, Associate, Sr. Associate, Examiner I or Examiner II depending on the applicant’s qualifications and experience.
• The minimum starting salary for this position is $53,900 and may increase based on the experience and qualifications of the selected candidate.
• Employment is contingent upon the selected candidate passing a financial credit check.
• By federal law, this position requires that candidates fall within one of the following citizenship categories: (1) U.S. citizen, (2) U.S. national, (3) U.S. permanent residents who are not yet eligible to apply for naturalization, or (4) U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

We are proud to be an equal opportunity employer.