Bachelor's degree in Economics, Finance, Accounting, Business Administration or related field
3-5+ years in regulatory, banking, legal or finance-related field for intermediate level
5-9 years in supervision/banking analysis or related role for senior level
9+ years in supervision/banking analysis or related role for advanced level
Skills in financial analysis of banks and bank holding companies
Knowledge of banking regulatory applications, laws, and policies is desired
Prior financial institution supervision experience is a plus
Responsibilities
Review regulatory filings to support regulatory determinations
Analyze data and interpret supervisory information for compliance
Prepare high-quality written correspondence and deliverables
Communicate proactively with stakeholders for effective information sharing
Develop knowledge of banking risks, laws, and regulations
Build collaborative work relationships with stakeholders
Contribute to process improvement and knowledge sharing efforts
Participate in Federal Reserve System work groups
Benefits
Great medical benefits
Pension and 401(k) with employer match
Paid time off
Tuition reimbursement
Paid volunteer leave
Onsite amenities that enhance the work environment
Full Job Description
About the Opportunity
The Federal Reserve Bank of Richmond (Reserve Bank) has an immediate opening for a Supervision Analyst on the Applications & Enforcements team in the Supervision, Regulation and Credit (SRC) department, reporting to a senior manager. The analyst's primary responsibilities are to evaluate financial, managerial, and other statutory factors of expansionary proposals (e.g. mergers & acquisitions) for bank holding companies, state member banks, and other Federal Reserve-regulated entities as well as analyzing other filings associated with activities for which a regulatory determination or approval is required. The successful candidate will be actively involved throughout the lifecycle of the application process, which will require engagement across a variety of internal and external stakeholders including financial institution executives and their outside legal counsel, Reserve Bank supervision/legal staff and executive leadership, Federal Reserve Board of Governors (Board) staff, other state and Federal Regulators. As business conditions evolve, the successful candidate may contribute to work associated with supervisory enforcement actions. Experience in financial institution supervision, legal/regulatory analysis and/or applications/licensing is highly valued.
On-site presence required.
What You Will Do:
Review regulatory filings for applicable statutory factors in support of regulatory determination or approval recommendations
Analyze data, perform research, interpret supervisory information and review for compliance with applicable laws, regulations, and policies to reach accurate, in-depth conclusions
Prepare high-quality informal and formal written correspondence, internal memoranda and other deliverables supported by accurate analysis and sound judgment
Communicate clearly and proactively with relevant stakeholders to ensure effective information sharing and timely deliverables
Develop and maintain knowledge of banking risks, laws and regulations, and Board policies and guidance.
Build and maintain collaborative work relationships and networks with both internal and external stakeholders, such as other Reserve Banks, Board staff, and other agencies
Contribute to and sometimes lead process improvement and knowledge sharing efforts
Perform other duties assigned including participation in Federal Reserve System, Bank and SRC work groups
Qualifications:
Bachelor's degree in Economics, Finance, Accounting, Business Administration or related field (or equivalent experience)
Experience Requirements by Level:
Intermediate level: 3-5+ years in regulatory, banking, legal or finance-related field
Senior Level: 5-9 years in supervision/banking analysis or related role
Advanced Level: 9+ years in supervision/banking analysis or related role
Level will be determined based on experience and qualifications
Skills in financial analysis of banks, bank holding companies and other similar entities
Knowledge of banking industry regulatory applications processing, laws and regulations, supervisory policies and guidance is highly desired
Prior financial institution supervision experience (Examiner commission) is a plus
Discover the Reason Why So Many People Love It Here!
When you join the Richmond Fed, not only will you find a challenging and purposeful career, but you'll also have access to a wide range of benefits and perks that support your health and wealth, including:
Great medical benefits
Pension and 401(k) with employer match
Paid time off
Tuition reimbursement
Paid volunteer leave
Onsite amenities that make working here fun!
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 [email protected]. 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:
Their borrowing relationships (Appendix B Parts I.1, II.1 and II.2)
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)
If the individual was employed by the financial institution or affiliate within the past 12 months (Appendix B Part I.3 and II.3).
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 our Intermediate level position is $83,600 - $114,000 annually.
The hiring range of our Senior level position is $114,000 - $156,000 annually.
The hiring range of our Advanced level position is $132,600 - $182,000 annually.
Salary offered will be based on the job responsibilities and the individual's knowledge, skills, and experience as defined in the job qualifications.
Interested candidates are strongly encouraged to apply by July 24, 2026. Applications are reviewed on a rolling basis.
Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.
