Senior Manager

Company

Federal Reserve Bank of St. Louis

The St Louis Fed is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas. The St. Louis Fed’s responsibilities include promoting stable prices, economic growth and a sound financial system, providing payment services to financial institutions, supporting the U.S. Treasury's financial operations, and advancing economic education, community development and fair access to credit.

Overview

The Supervision Division supervises financial institutions and provides central bank services in the 8th District. The Mergers & Acquisitions (M&A) unit, within this Division, is looking for a Senior Manager to lead the M&A team, manage relationships with partners in the applications process, and uphold the Reserve Bank’s standards for processing regulatory applications and competitive factor assessments associated with bank mergers and acquisitions. You will strive to position yourself as an expert on regulatory applications related issues. The M&A unit is a team comprised of financial analysts and bank examiners responsible for processing regulatory applications received from bank holding companies, state member banks, savings and loan holding companies, and thrifts. You will report directly to the Assistant Vice President of the M&A unit.

Responsibilities

• Direct and develop a team of seven full-time professional staff members
• Cultivate an effective, motivated, and high-performing team
• Oversee regulatory application workflows and deliverables, ensuring all work products meet statutory, Federal Reserve System, and Division standards
• Make timely, well-informed decisions on complex regulatory matters
• Prepare high quality written correspondence for internal and external audiences
• Foster collaborative partnerships with M&A, Reserve Bank Supervision, Legal, and Board of Governors staff
• Maintain consultative relationships with external attorneys, bankers, consultants, and peer regulatory agencies on banking applications
• Lead or contribute to Federal Reserve System M&A workgroups and projects
• Manage unit budget and resource allocation
• Drive efficiency through process enhancements and technology adoption

Qualifications

• Well-versed in applicable banking regulations (e.g., Reg H, Reg Y, Bank Merger Act)
• Familiarity with Reserve Bank Mergers & Acquisitions processing practices (preferred)
• Prior experience managing professional level staff (preferred)
• A record of caring for, developing, and bringing out the best in others/teambuilding
• Ability to multitask, work through times of stress, while fulfilling processing deadlines
• A record of building and leveraging formal and informal networks
• Experience engaging with bankers, attorneys, consultants, or banking supervisors
• Ability to connect with a variety of audiences through effective written and verbal communication skills
• Bachelor’s degree in Finance, Accounting, Economics or related field or commensurate experience.
• 10 years’ experience in banking, banking supervision, regulatory policy, accounting, consulting, or law.
• Candidates with less experience may be considered at a lower job grade or salary.
• Travel (5%)

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your career growth—along with a wide range of benefits and perks that support your health, wealth, and life.

Salary: $149,100 - $193,800

In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
• 401k/Thrift Plan with generous employer match
• Employer-funded Pension Plan
• Paid Vacation/Sick Time and Holidays
• Flexible Spending Accounts and Healthcare Spending Accounts
• Life Insurance and Long-Term Disability Insurance
• Tuition Reimbursement (undergraduate and graduate)
• Parental Leave
• Free onsite 24/7 Fitness Center
• Onsite Cafeteria and Coffee Shop (St. Louis location)
• Additional Convenience Benefits, Discounts and More…

At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank's culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer. #LI-Onsite

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 U.S. citizen when eligible.

All employees who require access to CSI and/or FOMC information are subject to periodic background investigations and must comply with all applicable information handling policies.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work Shift

First (United States of America)

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.

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