Position Summary:

The Federal Banking Agencies (FBAs) jointly conduct the supervision of technology services provided by certain third-party service providers under the authority provided in the Bank Service Company Act (BSCA). The SP Program includes third-party service providers that are deemed systemically important to the banking system.

The SP portfolio is looking for a highly motivated individual to join the Portfolio Coordination Group (PCG), which supports governance and oversight responsibilities of the Federal Reserve’s SP portfolio. The PCG team coordinates supervisory program execution to ensure portfolio-wide transparency and consistency in a manner aligned with the strategic direction, priorities and plans. The PCG Risk Specialist collaborates with dedicated supervisory teams and SP program leadership to provide firm oversight and will be asked to contribute/lead SP portfolio projects that align with strategic initiatives.  The ideal candidate will have prior supervisory experience in operational resiliency, information technology, and/or cybersecurity areas.

This position will report functionally to the PCG Lead, with administrative reporting through the Federal Reserve Bank of Atlanta.

Key Responsibilities:

• Contribute to the review of SP examinations and provide feedback to firm Central Points of Contacts (CPCs) and program leadership.
• Support the review of supervisory plans on SPs for effective risk-based supervision factoring in size and complexity of portfolio firms.
• Provide effective challenge of key work products such as supervisory plans / strategies, exam scopes, conclusion memos, and examination deliverables.
• Prepare MIS and deliverables that contribute to portfolio wide views for key stakeholders.
• Lead or contribute to initiatives to improve SP supervision and assist with the vetting preparation of supervisory strategies, significant findings, and ratings.
• Work across FBAs to contribute to the identification of common areas of supervisory focus and potentially assist with developing examination scopes and work programs
• Contribute or lead special projects that could cover cybersecurity, resiliency, quantum computing, artificial intelligence, and/or digital assets.
• Help implement and socialize any SP program enhancements and/or policy changes
• Help coordinate incident response, threat and vulnerability monitoring

Skills:

• Strong knowledge of supervision and the examination process
• Technical understanding of operational and cyber resilience, cloud security, third-party risk management and legal and policy mandates in the financial sector that pertain to third-party risk management and cybersecurity risks and industry standards and guidance (i.e., FFIEC IT Handbook and NIST CSF)
• Previous SP supervision experience a plus
• Strong critical thinking, analytical and data analysis skills
• Proven ability to effectively influence outcomes and build consensus across multiple stakeholders   
• Ability to combine risk analysis with sound judgement in proposing recommendations
• Ability to engage and influence cross-functional teams and work collaboratively with internal and external teams

Education: 

Bachelor's Degree or 4 years equivalent experience; Bachelor's Degree preferred

Technical Experience:

Minimum 5 years of experience in at least some of the following domains:

• Cyber Security and IT Risk management
• Cloud/IT Infrastructure
• IT Audit, IT examination, or supervision
• Artificial Intelligence
• Operational resilience, governance and controls
• Third Party Risk Management
• Payment systems (including digital assets)
• Core banking services

Familiarities with –

• FFIEC, NIST, SANS and ISO standards and frameworks
• Information security, cybersecurity, and risk management principles
• Supervision handbooks

Certifications/Licenses:  Certified in CISSP, CISA, CISM, and/or industry certification is a plus.  Commissioned examiner also a plus.

Other:

• Work Location: Within commuting distance of the Federal Reserve Bank of Atlanta (including branches in Jacksonville, Miami, and Birmingham) or another Federal Reserve Bank
• Full-time
• Travel: Occasional travel might be expected with an expected range between 10% - 20%

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

•    Comprehensive healthcare options (Medical, Dental, and Vision)
•    401K match, and a fully funded pension plan
•    Paid vacation and holidays; flexible work environment
•    Generously subsidized public transportation
•    Education Assistance Program
•    Professional development programs, training and conferences
•    And more…

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).
 
Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job CategorySupervision Family Group

Work ShiftFirst (United States of America)