Job Responsibilities:

• Lead the supervisory assessments of Earnings Quality, CECL Adequacy, and Internal/Market-based Surveillance Data, and use knowledge of relevant areas of the firm and results of supervisory reviews to draw sound conclusions and support overall ratings;
• Develop and execute a strong risk-focused supervisory program for evaluating earnings quality, CECL adequacy, and surveillance data in accordance with the LFBO Management Group's program requirements;
• Define and conduct ongoing risk-focused supervisory activities, including MIS reviews and leading routine meetings with SVBFG management to develop a deep and broad understanding of the firm's strategies, risks and risk management practices. Perform timely and periodic risk analyses to determine the level and trend of risks and identify emerging issues;
• Develop creative approaches for evaluating coverage areas and related risk management practices relative to peer companies. Devise methods to efficiently incorporate internal and market-based surveillance data into the ongoing supervision process.
• Deliver clear supervisory messages to SVBFG management that describes where the firm stands relative to supervisory expectations and required actions for addressing matters that require attention, as applicable;
• Collaborate with other risk specialists on the team and California Department of Financial Protection and Innovation (DFPI) examiners to develop a comprehensive understanding of SVBFG's financial risks and businesses;
• Demonstrate agility and leadership through ability to cover other risk topics not specifically captured in areas of coverage, based on team need;
• Build and maintain effective working relationships within the team, with peers, within FRBSF, the Federal Reserve System, with other regulatory agencies (especially the DFPI), and with the supervised firm;
• Ensure high quality and timely completion of required supervisory work products and perform quality control to ensure compliance with local policies/procedures and System requirements: and,
• Interpret regulatory guidance and evaluate the potential impact on the firm's safety and soundness. Maintain an awareness of potential changes to key rules, laws and regulations, and supervisory policies as applicable to SVBFG.

Position Requirements:

• An applicant for employment must be a U.S. Citizen, U.S. National, or hold a permanent resident/green card with intent to become a U.S. Citizen;
• Bachelor's degree in business administration, finance, economics, or other related field is required; advanced degree and/or professional certifications (CFA, FRM, CPA) is preferred;
• An active examiner commission from a federal or state banking supervisory agency or the relevant experience and training required for entry into Interim Examiner Commissioning Program for Large Financial Institution Supervision is preferred;
• Five or more years of direct supervisory or comparable banking, financial industry, or banking supervision experience in relevant activities, such as: capital markets, stress testing, and CAMELS ratings;
• Working knowledge of relevant supervisory standards on forecasting/stress testing and CECL at large financial institutions, as well as experience with the Federal Reserve's Consolidated Supervision Framework for Large Financial Institutions and LFI rating (e.g. SR 12-17 & SR 19-3) is preferred;
• Ability to listen and communicate clearly, logically, and persuasively at multiple levels in the organization and effectively articulate themes and conclusions both verbally and in writing;
• Strong problem solving and analytical skills that support and enable sound decision- making, and the ability to synthesize large amounts of complex, disparate information to formulate well-supported conclusions;
• Experience evaluating a variety of risks facing complex financial institutions, and the ability to identify prudent practices for managing those risks;
• Capacity to pursue multiple initiatives at the same time and deliver successful outcomes;
• Ability to travel at least 15 percent (additional travel up to 50% if located in Los Angeles or Salt Lake City); and,
• A consistent track record of performance in technical and behavioral competencies. Primary behavioral competencies to be evaluated include: Leadership, Emotional Intelligence, Critical Thinking, Accountability, Collaboration, Development, Influence, and Innovation.

Benefits:

We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pre-Tax Day Care Flexible Spending Account, Paid Family Care Leave, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and a Retirement / Pension.

***Effective October 1, 2021, all employees must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; the Bank will provide accommodations as required by law for individuals unable to be vaccinated due to medical condition or sincerely held religious belief.

The Federal Reserve Bank of San Francisco believes in the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer.

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.