BSA/AML Supervisory Examiner

Our Unique Work:   

The Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The objectives of supervision are to: 

• Evaluate and promote the overall safety and soundness of supervised institutions 

• Ensure supervised institutions’ compliance with relevant laws and regulations 

• Facilitate the stability of the financial system of the United States 

• Support the growth and stability of the U.S. economy 

Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy and risk matters. Supervision is coordinated with other US agencies. 

The Supervision Group at FRBNY is responsible for the day-to-day supervision of Globally Systemically Important Banks, Large and Foreign Banking Organizations, Regional and Community Banking Organizations and Financial Market Utilities that are based in the Second District. The supervisory teams execute examinations, monitoring, and analysis in coordination with staffs of the Board of Governors, other Reserve Banks, and other domestic and international agencies. Supervision staff develop a deep understanding of the safety and soundness of the firms and the broader banking industry; recommend supervisory plans and ratings; and execute examinations, monitoring events and financial analysis. Supervisors focus their work on risks including Capital, Governance and Controls, Liquidity, Resolution and Recovery; and the overall financial and operational resiliency of the firms’ and the broader financial system.     

How You’ll Make an Impact: 

• Maintain deep knowledge of the firms and industry strategy, risk profile, governance, risk management, and control functions via monitoring, analysis, and examination activities. 

• Contribute to the development of supervisory priorities and supervisory plans needed to assess core risks and make well-supported recommendations. 

• Develop and present examination and analytical results to a range of stakeholders and supervised institutions. 

• Collaborate and build relationships with Bank, Federal Reserve System and Interagency partners to develop supervisory responses to, and analysis of inherent and emerging risks. 

• Help identify and address emerging risks to supervised firms, the financial system, and financial stability. 

The Unique Skill Sets We’re Looking For:   

• Ability to take on a leading role on examinations at financial institutions and/or an ability and willingness to learn about complex regulations, including supervisory expectations and findings. 

• Supervisory or industry experience in Bank Secrecy Act/Anti-Money Laundering (BSA/AML). 

• Extensive expertise in BSA/AML and sanctions compliance frameworks, with demonstrated ability to evaluate financial crimes at large, complex banking organizations. 

• Deep knowledge of applicable laws, regulations, and regulatory expectations, along with proven experience conducting compliance assessments across diverse lines of business, products, and services.  

• Excellent project management, communication, interpersonal, and collaboration skills. 

Other Things to Know:  

Salary Range: $164200 - $242200  

We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.   

How We’ll Support You:  

Our programs and benefits are designed to support you through all your life stages: 

• Learning & Growing: Educational assistance, career development tools, and stretch opportunities 

• Supporting Your Family: Parental leave, adoption assistance, back-up dependent and elder care, college planning resources, and more 

• Managing Your Health: Comprehensive insurance plans, leave policies, onsite Health & Wellness Center, and onsite Fitness Center 

• Optimizing Your Finances: Pension plan, 401(k) with generous match, financial planning resources, and subsidized public transportation program 

Our Culture is deeply grounded in our Touchstone Behaviors— By working with us, you’ll have the opportunity to develop and demonstrate your ability to Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership. These competencies shape our culture here at the Bank. They also provide a shared language for how we work together and achieve success and set clear expectations for leading with impact at every stage of your career. Learn more.   

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.  

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at [email protected] and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.   

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible. 

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.