Assistant Vice President - CBO (Manufacturing)
Company
Federal Reserve Bank of ClevelandThe Federal Reserve Bank of Cleveland is part of the nation's central bank, and we've provided many opportunities for professional growth during our history.For twenty-five years in a row, we've been named “One of Northeast Ohio's Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.
Our People Make the Difference! The Federal Reserve Bank of Cleveland is seeking innovative thinkers with vision to build the framework that will carry the Bank into the future.
Follow us on LinkedIn, X, Instagram, and our YouTube channel – Cleveland Fed
Through senior managers and/or managers, applies expert knowledge of the business and industry to drive business results. Oversees all actions related to staff and operations of one or more function. Ensures the success of a function(s) operations and the advancement of strategic objectives. Actively drives a culture of innovation and an environment of learning, which fosters engagement, risk taking and innovation; and will uphold these values in all its responsibilities.
Essential Accountabilities
Lead the community bank supervision business line, ensuring all institutions with total assets less than $10 billion are operating in a safe and sound manner, examinations/inspections have been completed within system guidelines and standards, risks are identified in a timely manner and effectively communicated to supervised institutions. Effectively partners with supervision peers to ensure supervisory conclusions effectively consider all risk disciplines.
Actively conducts, leads, and/or participates in district and regional outreach efforts to maintain an understanding of current and emerging portfolio risk and trends and banking policy perspectives. Proactively collaborates and partners with other banking regulatory agencies, fostering consistency in supervisory messaging and ratings.
Leads or participates on the most critical, most complex local and national strategic or operational projects, committees and initiatives intended to enhance policy, supervisory standards and processes, examiner training, address emerging issues or developments, or enhance quality, performance and effectiveness.
Support and participates in the District Community Depository Institution Advisory Council (CDIAC) meetings. Contribute to decisions regarding council membership and prepare presentations on local banking conditions as required.
Prepare executive level briefings and presentations for Reserve Bank and Board of Governors staff as well as for the directorate and senior management of supervised entities.
Create and nurture an inclusive environment that provides a sense of belonging for all employees, inspires a team culture with high engagement, values diverse individuals and perspectives, and promotes ownership and growth mindset.
Cultivate employee development with equal focus on both technical and leadership competencies and ensure talent depth and succession is in place for critical roles.
Engage in intellectual curiosity, agility, and experimentation to drive responsible innovation, while ensuring the business line evolves appropriately with business needs and local/System priorities. Anticipates business challenges and opportunities, and proactively creates an environment that is forward looking and risk oriented.
Champion, support, and/or lead the business line through change by modeling a change ready mindset and building change management resiliency among team members.
Aligns recruiting efforts, performance management, compensation and reward programs with functional strategic plans, priorities, and values.
Ensures effective controls and high levels of compliance across multiple functions.
Proactively contribute to Bank and SCS leadership teams.
Education and Experience
Bachelor's degree
7+ years of related work experience (experience requirement may vary based on business need)
Knowledge Areas
Demonstrated organizational skills with the ability to identify priorities, pay attention to details, drive performance outcomes, and execute plans effectively and on schedule.
Strong interpersonal, collaboration, communication skills as well as excellent presentation and persuasion capabilities, and management presence that demonstrates confidence and credibility.
Demonstrated strategic and critical thinker with the analytical skills necessary to evaluate, organize, and direct complex projects and programs. Has the ability to identify key strategic issues affecting areas of responsibility and demonstrate an understanding of their implications.
Excellent judgment when deciding which issues to resolve directly and which require senior management attention or coordination with other Reserve Bank functions.
Strong leader who operates in a transparent manner, builds trust, and encourages cooperation across the organization and functions. Knowledge of business and the marketplace.
Leading and motivating management, staff and other stakeholders
Leading and executing successful large and complex scale projects/programs
Leading the delivery of customer-focused and innovative services and products.
Managing ambiguity and situations that do not have clear outcomes
Skill Areas -Expert Level
Ability to develop and cultivate productive and collaborative relationships with key stakeholders
Ability to act strategically and think critically
Communication skills
Leadership skills
Multi-tasking and time management skills
Citizenship requirements
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. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.
In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.
Physical Demands and General Working Conditions
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, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.
Reasonable Accommodation Statement - The Federal Reserve Bank of Cleveland is committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. To request a reasonable accommodation for any part of the employment process, please send an email to clev.4d.benefits.specialist@clev.frb.org.
Bank's Ethics Rules and Drug Testing:
As a condition of employment, Federal Reserve Bank of Cleveland employees must comply with the Bank's ethics rules which generally prohibit employees, their spouses/domestic partners, and minor children from owning or controlling, directly or indirectly, any debt or equity interest in a depository institution or an affiliate of a depository institution. A "depository institution" means a bank, a trust company, or any institution that accepts deposits, including a bank chartered under the laws of a foreign country. In addition, employees (and their spouses/domestic partners, and minor children) may not own shares of mutual funds, unit investment trusts or ETFs that have a policy, as stated in the prospectus, of concentrating in the financial services industry and that have underlying investments in banks or other depository institutions. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting.
In addition, as a condition of employment, candidates must undergo a background check and will be tested for all controlled substances prohibited by federal law, to include marijuana, prior to hire and for certain safety sensitive positions during employment.
Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
YesJob Category
Executive Family GroupWork Shift
First (United States of America)The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
