| JOB SPECIFIC DUTIES AND RESPONSIBILITIES: - The incumbent provides leadership, strategic and tactical direction, and management for the division’s state member banks’ and bank holding companies’ consumer compliance examination and supervision programs and large financial institutions’ and large complex banking organizations’ consumer compliance supervision programs. This includes the development of policies and procedures for administering those programs and the direction and oversight of the Reserve Banks’ implementation of those
- Provides oversight for the development and implementation of policies and programs related to state member bank Community Reinvestment Act (CRA) regulation and supervision and state member and bank holding company consumer compliance supervision, including fair lending and Unfair or Deceptive Acts or Practices (UDAP) and other consumer regulatory enforcement, consumer complaint processing, examiner commissioning, applications processing, and Reserve Bank oversight.
- Keeps abreast of trends and emerging issues in the financial services industry and related legislative changes in order to adjust the Board’s consumer compliance supervision program appropriately and ensures that Division and Board leadership are apprised timely.
- Leads and coordinates on matters related to consumer compliance supervision with other financial regulators and with Federal Reserve Bank personnel, as necessary and appropriate, to foster improved public policy and to enforce the
- Provides leadership and direction to manage consumer compliance and CRA supervision across the Federal Reserve Bank System; participates in or chairs System and interagency groups related to consumer compliance supervision; develops strategic plans and priorities for the consumer compliance supervision business line; coordinates and works with other supervision business lines, as necessary and appropriate, to foster improved coordination and i
- Directly supervises officers responsible for the consume r compliance supervision program, consumer complaints, bank applications, examiner commissioning, Reserve Bank oversight, examination policy, fair lending, UDAP, and other consumer regulatory enfor
- Keeps key Board officials (within and outside of the division), Reserve Bank officers and staff, and Board members informed of developments, problems, and precedents and their probable impact on the Board, the Federal Reserve System, communities, and the financial
- Participates, as a member of the division’s senior management, in the formulation and achievement of the division’s overall mission and goal
- Takes initiative to assure that the actions of the supervision branch are coordinated with and consider the actions and needs of the division’s other
DIVISION SPECIFIC REQUIREMENTS: - Participates in the development of program objectives and program budgets for the Consumer Protection and Supervision branch, including the Examination Policy, Holding Company/Large/Regional Financial Institutions, Banking Applications and Examiner Staff Development, Community Bank Oversight/Supervisory Administration, and Fair Lending Enforcement
- Ensures that officers, managers, and all staff in the branch effectively carry out their responsibilities; provides overall branch leadership; assures the effective management and execution of all projects in the branch’s areas of responsibility from issue identification to policy
- Assures that effective communication and collaboration are maintained within the branch, with other branches in the division, and with other divisions at the Board.
- Oversees recruitment/hiring, retention, reward and recognition, performance management, discipline, professional development, resource allocation, and all other aspects of human capital management for the branch.
- Supports the leadership activities of others in the branch and the division by exemplifying the division’s values and guiding principles, leading the branch’s strategic planning activities, and developing and implementing performance objectives that advance the division’s mission.
- Promotes the development of staff at all levels and demonstrates unwavering commitment to diversity, equity, and inclusion to support the long-term mission and objectives.
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