Senior Vice President – Regional & Community Supervision

Company

Federal Reserve Bank of Chicago

For consideration, please provide a brief overview (cover letter) describing how your experiences have prepared you for this role.  Please also provide why you are interested in this role.

The Federal Reserve Bank of Chicago is one of 12 Reserve Banks that, along with the Board of Governors in Washington, D.C., constitute the Federal Reserve System, which was established by Congress in 1913.
The fundamental mission of the Federal Reserve System is to foster the stability, integrity and efficiency of the nation's monetary, financial and payment systems and to promote optimal economic performance.
To this end, the Federal Reserve Bank of Chicago serves the public interest by participating in the formulation and implementation of national monetary policy; supervising and regulating state member banks, bank holding companies and foreign bank branches; providing financial services to depository institutions, designated financial market utilities, and the U.S.

government; and promoting consumer protection and community development.
The Seventh Federal Reserve District serves a five-state region, comprising all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin.

The Seventh District has more individual banks than any other Federal Reserve District.

It also comprises a considerable part of the nation’s manufacturing base — especially capital goods and consumer durables — as well as agricultural production and food processing.

Supervision & Regulation Department

Supervision and Regulation (S&R) plays a critical role in The Federal Reserve Bank of Chicago's core mission, supervising state-chartered banks that are members of the Federal Reserve System, bank holding companies, financial holding companies and savings and loan holding companies.

Our duty is to foster the stability, integrity and efficiency of the nation's monetary, financial and payment systems to promote optimal economic performance.

We seek individuals who hold themselves to the highest standards, who flourish in an environment of collaboration and innovation.

Our most successful staff have strong critical thinking skills, as well as strong verbal and written communications capability.

Job Summary

The Federal Reserve Bank of Chicago has an immediate opening within the S&R department for a Senior

Vice President (SVP) of Regional & Community Supervision (RCS).

This position serves as a division head, with ultimate responsibility for approximately 100 employees, and is a member of the S&R Executive Committee that provides strategic direction, leadership and expertise for the department.

The position is responsible for directing the risk-focused supervision of state member community and regional banks and bank holding companies with $100 billion or less in total consolidated assets, as well as small shell holding companies and savings and loan holding companies with less than $1 billion in total consolidated assets.

The succe...