VP/SVP SRC Modeling and Research

Company

Federal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

Job Summary:

In partnership with the VP/SVP Supervision Data Management and Analytics, this role oversees teams that perform supervisory modeling and research within the Supervision, Regulation, and Credit (SRC) department. More specifically, this collaborative leadership role provides strategic direction to the groups focusing on risk analysis, stress testing, retail modeling, conducting policy, and academic research. In this role, you will also collaborate with Federal Reserve System (FRS) colleagues to develop coordinated quantitative strategies.

To succeed in this role, you must be a driven leader who strives to achieve the department and Reserve Banks’ strategic vision. To connect with supporting teams, you will need strong analytical skills and an ability to understand, apply, and explain regulatory and supervisory concepts. To be a respected leader, you must have a passion to motivate, lead, and develop diverse groups and future leaders.

If you possess the requisite skills, industry expertise, and collaborative leadership experience, we invite you to apply and be a key leader in shaping the strategic future of modeling and research at the Federal Reserve.

The following job descriptions details the requirements for a Senior Vice President. Applicants with less experience or education may be considered for the Vice President position.

What You Will Do:

Key Responsibilities

Strategic Leadership

• Develops research strategies, directs, and participates in high-quality research, and develops staff’s research abilities.
• Provides strategic direction to System stress testing operations and local research initiatives.
• Consistently identifies opportunities to leverage the Reserve Bank’s skills and talent at the System level.
• Maintains awareness of System initiatives and contributes Third District resources, when appropriate.
• Ensures the appropriate implementation of new System guidance.

Collaboration

• Connects with the academic community and helps promote SRC’s reputation.
• Directs quantitative supervisory strategies and collaborates with System colleagues.
• Interfaces with System and BOG management and staff to keep them informed of Third District monitoring and FRS capital markets/investment portfolio monitoring.
• Develops, maintains, and enhances relationships with staff and key stakeholders …