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Significant Service Provider

1 month ago

Chicago, Illinois, United States Federal Reserve System Full time
Job Summary

We are seeking a highly skilled and experienced Lead Risk Management Specialist to join our team at the Federal Reserve Bank of Chicago. This is a key role in collaborating with technology professionals to fulfill our mission to strengthen and protect our economic, financial, and payments systems.

Key Responsibilities
  • Develop and implement risk-focused supervisory plans to ensure the safety and soundness of significant service providers.
  • Lead a team of risk management specialists in examining information technology systems and operations, governance, and controls.
  • Collaborate with technology professionals to identify and mitigate risks to the financial system.
  • Develop and maintain effective working relationships with internal and external stakeholders, including regulatory counterparts.
  • Stay up-to-date with emerging risks and developments in the service provider community.
Requirements
  • Bachelor's degree in a relevant field, such as information technology or a related field.
  • At least 10 years of direct work-related experience in risk management or a related field.
  • 7+ years of experience in risk area of expertise required.
  • Examiner Commission preferred.
  • Prior experience as a Deputy CPC preferred.
  • Knowledge of operational risk, information security, cybersecurity concepts, IT risk management supervision, and fundamentals of a strong audit function.
  • General knowledge of enterprise risk management and basic knowledge of non-IT risks, including general safety and soundness.
  • Familiarity with key elements of a sound risk management framework, including the three lines of defense.
What We Offer
  • A comprehensive benefits package, including medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, and transit benefit.
  • A continuous learning environment with opportunities to gain new skills and grow your career.
  • A wide range of Diversity, Equity, and Inclusion community groups, as well as active employee resource groups and mentorship programs.
  • Onsite gym and subsidized cafeteria.
Location

This is a hybrid role, and your presence will be expected at one of the 7th District offices - Chicago, Des Moines, or Detroit.

Additional Requirements
  • Ability and willingness to travel up to 25%.
  • As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates.
  • 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.