Risk Management Specialist

Company

Federal Reserve Bank of ChicagoThe Federal Reserve Bank of Chicago’s Supervision and Regulation department has an opening for a team-oriented Risk Management Specialist (RMS) to join the Large Institution Supervision Coordinating Committee (LISCC) unit as a member of the LISCC Capital team. The LISCC supervision program is the Federal Reserve’s national supervisory program for the nation’s largest most systemic financial institutions. The LISCC Capital team oversees supervisory work including the Federal Reserve System’s annual Comprehensive Capital Analysis and Review (CCAR), exams, and monitoring work covering a range of business activity for large and complex banking organizations.

A firm’s processes for managing and allocating its capital resources are critical to its financial strength and resiliency, and to the stability and effective functioning of the U.S. financial system. As such, the RMS will be expected to develop and/or maintain a high level of understanding of regulatory capital rules and regulations, including the mandatory elements of the capital plan rule, international capital standards, and applicable supervisory guidance. The RMS will also b...