Deputy Associate Director, Community Banking Organization
Summary: Reporting to the Deputy Director, Supervision the Deputy Associate Director, Community Banking Organization (CBO) serves as the CBO portfolio’s strategic leader and single point of contact for Board and Reserve Bank senior leaders. The Deputy Associate director sets and manages execution of the overall CBO portfolio strategy, manages CBO portfolio operations, engages with Reserve Bank staff and leadership on problem bank and non-routine supervisory matters and decisions and escalates as needed, coordinates portfolio monitoring and reporting, and supports Board matters.
This position is located in Washington, DC.
Principal Duties and Responsibilities:
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Serve as the CBO portfolio’s strategic leader.
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Set and manage execution of the CBO portfolio supervisory strategy and program consistent with the Division’s overall supervisory strategy as directed by the Deputy Director for Supervision and the priorities set by the Vice Chair for Supervision.
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Monitor execution of the CBO supervision program and promote consistency across the System.
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Manage CBO portfolio operations, including resource and financial management.
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Coordinate CBO portfolio monitoring and reporting.
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Serve as the CBO portfolio’s single point of contact for Board and Reserve Bank senior leaders.
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Prioritize and respond to requests and decision needs and coordinate and manage information flow between the Reserve Banks and the Board and within the Board.
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Engage collaboratively with Reserve Bank staff and leadership on problem bank and non-routine supervisory matters and decisions, bringing stakeholders together for discussions/vetting.
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Escalate key supervisory matters, concerns, and decisions to the Deputy Director for Supervision.
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Engage regularly with the Global Systemically Important Banks, Large & Foreign Banking Organizations, Regional & Foreign Banking Organizations, and Significant Service Providers portfolio directors to ensure strong coordination and consistency, where possible, across the portfolios and particularly on the transition of institutions across portfolios.
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Manage CBO portfolio interagency coordination consistent with overall interagency coordination efforts.
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Provide CBO portfolio supervisory perspective on CBO-related policy matters.
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Support Board matters requiring CBO portfolio supervisory perspective, including Board/governor briefings, governor meeting preparation, Vice Chair for Supervision speech support, Congressional inquiries, and other public affairs matters.
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Represent the Federal Reserve at internal and external speaking engagements, interagency meetings, Congressional briefings, and other outreach events on CBO supervision and related topics.
Minimum Qualifications:
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A minimum of seven years’ experience in leading people, including setting strategy, establishing aligned performance expectations, providing clear and actionable feedback, and developing people.
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Five or more years of demonstrated bank supervisory experience. Experience as a commissioned field examiner and/or experience in the planning of banking activities is preferred.
Minimum Education: Bachelor's degree in Business, finance, international affairs, public policy, or economics or equivalent experience
Minimum Management Years of Experience: 7 years
Accepting Deadline: Friday, July 10, at 11:59 PM ET
Knowledge, Skills and Abilities:
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Strategic thinker with demonstrated strong project execution and project management capabilities, analytical skills, political savvy, and conflict mediation skills.
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Demonstrated experience and commitment to fostering collaboration and employee engagement.
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Ability to lead and manage staff and projects effectively, set priorities, assess performance, guide staff development and make budgetary recommendations.
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Ability to balance competing interests among a variety of stakeholders and readily readjust priorities to respond to pressing and changing stakeholder demands. Must be able to anticipate and meet the stakeholders’ needs while maintaining high-quality end products.
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Exceptional organization savvy and agility as demonstrated by ability to manage across organizational boundaries, building high performing teams, diminishing organizational silos, strengthening teams, and facilitating effective group and team dynamics.
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Requires the ability to communicate effectively, both orally and in writing, with all levels of staff and management.
Stakeholder Contacts:
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Has regular contact with all staff in the function(s) to stay connected to the pulse of the division, provide leadership, and act as a role model.
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Has frequent contact with senior staff and other professionals in the division, elsewhere at the Board, and the Reserve Banks regarding matters pertaining to area(s) of responsibility.
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Has frequent contact with members of the Board, both in discussions and through memoranda, regarding matters pertaining to area(s) of responsibility.
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Has frequent contact with individuals from other federal agencies, international organizations, and in the private sector regarding the subject matters in area(s) of responsibilities.
Board Competencies:
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Decision Quality: Makes timely, thoughtful, strategic decisions
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Learning Agility: Takes responsibility for building organizational agility
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Drive for Excellence: Delivers results by developing shared vision and direction for the organization
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Perspective and Strategic Agility: Leads and acts with the future in mind
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Collaborative Relationships: Sets the tone for collaborative organization
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Effective Communication: Effectively speaks and acts on behalf of the Board
Officer and Internal Management Responsibilities:
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Acts as responsible steward to the function(s), Division, and Board by demonstrating proficiency in the Board’s espoused competencies.
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Balances and mitigates key organizational and functional risks where appropriate, and develops and executes sustainable risk mitigation strategies.
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Fosters a continuous learning culture.
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Exercises appropriate judgment and decision-making in complex situations.
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Demonstrates innovation and thought leadership relevant to future-state organizational and functional people strategies.
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Demonstrates strong leadership and management skills aligned to the Board’s espoused values.
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Keeps skills and knowledge current and aligned to best practices relative to key rules, regulations, and policies, as well as economic, political, and social trends that affect the organization. Understands near-term and long-term needs for the organization and determines how operations should be positioned to meet such needs.
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Demonstrates proficiency in political savvy, organizational savvy, and interpersonal communication skills.
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Provides guidance, coaching, and feedback to, and conducts performance reviews for managers and other direct reports, and ensures same is provided to all function staff.
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Responsible for accomplishing approved program objectives for area(s) of responsibility within the financial and personnel resources allocated by the Board and the division's senior management.
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Participates in the development of the division’s strategic plan, goals, and budget. Recommends program objectives and their priorities for area(s) of responsibility.
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Recommends personnel actions involving promotions, reclassifications, merit increases, and reassignments or separations in area(s) of responsibility.
Position Demands:
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Ability to exercise independent and sound judgment in establishing objectives for assigned area(s) of responsibility that provide support and services for the divisions and Board’s missions.
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Ability to translate customer service and organizational development theories and best practices into effective strategies for adoption in area(s) of responsibility to achieve and maintain high levels of customer service.
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Ability to communicate effectively, both orally and in writing, to the Board and individual members thereof, senior Board staff, other Board and Reserve Bank staff: and staff at other government agencies and in the private sector on complex and technical matters.
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Ability to be an effective spokesperson and advocate for the Board and the division in outside contacts, which may involve significant business dealings.
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Ability to operate under pressure to meet deadlines accurately and in a timely manner.
