Bank Examiner

Employer Name: 
Federal Reserve Bank of Richmond's
Job Type: 
Description: 

About the Opportunity
The Federal Reserve Bank of Richmond’s Supervision, Regulation and Credit Department (SRC) plays
a crucial role in helping create a stable economy through supervision of banks, bank holding
companies and financial holding companies.  SRC is hiring to fill multiple openings for Bank
Examiners across teams in our Regional Bank (RBO) and Large Bank (LBO) units. 
We are looking for experienced individuals with broad experience in at least one or more of the
following risk dimensions: credit risk, financial risk, operational resiliency, technology risk, enterprise
risk management, or corporate governance/audit. The successful candidates will have the ability to
make connections and associations across all risk types.  
What You Will Do:
 Perform supervisory work within field of focus, ensuring safe and sound operations and
compliance with applicable laws and regulations.
 Plan and execute full-scope and/or targeted risk examinations at designated portfolio
financial institution(s), often while leading teams of examiners and/or risk specialists.
 Review workpapers, draw conclusions, and communicate examination results to supervised
institutions and internal stakeholders.
 Prepare supervisory products as required by the role, such as risk assessments, routine
continuous monitoring reports, supervisory plans, and/or report of examinations.
 Provide meaningful and timely feedback regarding exam staff performance.
 Satisfactorily complete assignments within established timeframes, largely independently.
 Contribute to policy and practice development by researching, identifying, and surfacing risk
issues and emerging trends, including horizontal assessment of risk management practices.
Qualifications:
 3+ years of bank regulatory or equivalent industry experience.
 An active commission from a federal or state banking regulatory agency is highly preferred.
 Preferred experience includes, but is not limited to expertise in at least one of the following:
o Credit risk management
o Financial analysis and/or risk management
o Corporate governance / enterprise risk management
o Operational resilience including information technology and cybersecurity
o Internal audit
 Bachelor’s degree or equivalent related work experience, with preferred emphasis in
Finance, Economics, Business, Accounting or related field.
 Occasional travel is required and will vary depending on the location of the successful
candidate, with flexibility for work/live balance.
Other Requirements and Considerations:
 Candidates should review the Bank’s 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
rich.recruitment@rich.frb.org.
 Employees who work at and/or visit another Federal Reserve entity or outside business as
part of their job duties are required to comply with any onsite safety and health protocols of
those organizations (including, but not limited to, requirements to vaccinate or test, mask,
social distance, etc.).
 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 Bank’s 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:
o Their borrowing relationships (Appendix B Parts I.1, II.1 and II.2)
o If a financial institution employs a member of the employee’s immediate family (i.e.
spouse, child, parent, or sibling) (Appendix B Part I.3 and Part II.3)
o If the individual was employed by the financial institution or affiliate within the past 12
months (Appendix B Part I.3 and II.3).
o In certain cases, the recusal may be so extensive it could materially reduce the
effectiveness of the prospective employee’s job responsibilities.

 The hiring range of the Examiner – Intermediate is $80,500 – $105,600 annually (3+ years of
experience)
 The hiring range of the Examiner – Senior is $114,000 – $149,600 annually (5+ years of
experience)
 The hiring range of the Examiner – Advanced is $126,900 – $166,500 annually (9+ years of
experience)
 Salary offered will be based on the job responsibilities and the individual’s knowledge, skills,
and experience as defined in the job qualifications, may vary from listed range.
 Applications will be reviewed on a rolling basis.