Supervisory Development Technology Associate-262155
Supervisory Development Technology Associate-262155
Federal Reserve Bank of New York
NY-New York City
Full-time / Part-time
Yes, 15 % of the Time
At the Federal Reserve Bank of New York, the work we do is consequential and challenging. Our environment encourages growth and diversity. Our employees flourish in a team-oriented atmosphere and are dedicated to the important mission of the New York Fed
Job Title: Supervisory Development Technology Associate
Group/Function: Supervision Group /Supervisory Development Program
Location: New York, NY
The Supervision Group at the Federal Reserve Bank of New York supervises and regulates financial institutions in the Second District. The Group’s mission is to ensure a safe, sound, and accessible financial system. Staff in the Group assess the safety and soundness of domestic banking institutions, operations of foreign banking organizations, systemically important banks and nonbanks including financial market utilities and significant service providers in the District. These efforts are achieved through onsite assessments and offsite analysis and surveillance. The Group also analyzes issues and developments to identify emerging supervisory risks, develop cross-firm perspectives and develop domestic and international supervisory policy.
The Supervisory Development Associate Program is a training program that provides opportunities for new examiners to gain broad understanding and experience with Supervision’s supervisory activities through two 6-month assignments within the Group, as well as through formal training before transferring to a pre-determined Supervision business area. Throughout the program, there will be a dedicated manager that provides on-going coaching, mentoring and feedback to help you develop a career in Supervision. Successful candidates are expected to remain in the program for its duration and in their pre-determined business area for six months before participating in the Bank’s internal posting process.
- Participates in examinations of financial institutions, financial market utilities and significant service providers to identify and evaluate key information technology risks, risk management practices, and compliance with applicable regulations.
- Evaluates technology/cybersecurity controls associated with the firm’s products and business lines.
- Prepares supervisory written analysis of firms’ risk management practices across areas such as information security, cybersecurity, business continuity and internal audit.
- Participates in examination planning and in-house surveillance efforts across supervised firms.
- Contributes to Group, Bank and Federal Reserve System-wide supervisory initiatives associated with financial market utilities and significant service providers.
- Performs ad-hoc projects on topics concerning information technology/cybersecurity supervision and stability.
- MBA or Master’s degree in a Computer Sciences related field, and a minimum of two years relevant work experience.(Engineering and Mathematics)
- Experience with cybersecurity, cloud, coding, application development, network security
- Outstanding analytical skills and intellectual curiosity; knowledge of financial institutions and markets a plus.
- Strong written and verbal communication skills.
- Strong collaboration skills and the ability to build effective working relationships.
- Self-management as evidenced by the ability to work independently or as part of a team.
- Ability to travel approximately 15-20% of the time.
- Industry certification a plus (e.g., CISA, CISM).
*To Apply: Please provide a resume. We are reviewing applications on a rolling basis. Please apply as soon as possible to be considered. Early Careers Professionals.
- This position requires access to confidential supervisory 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, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.
- The Federal Reserve Bank of New York is committed to Equal Employment Opportunity. We will consider all qualified applicants for employment regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or any other legally protected status.
Why the Fed:
Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You'll work in an environment with a diverse group of talented professionals to foster and support the safety, soundness, and vitality of our economic and financial systems. It's a challenge that demands the skills of a financial services professional and the intellectual curiosity of an academic—all combined with a passion for public service, as exemplified by our four core values:
Community - There are two facets to community here at the Bank: how we relate and connect with each other internally through our Resource Networks, and how we serve the Second District through our outreach initiatives
Career – The Bank is committed to leading and developing its people, providing career management and mobility opportunities that allows employees to realize their full potential.
Culture – The Bank’s culture is critical to the success of our mission. We offer a welcoming environment where teamwork is key; everyone’s views are respected. The Bank is committed to supporting work-life balance so employees can pursue a challenging career without giving up their passions outside of work.
Core Mission - Our work matters. We are part of a unique public service organization that plays a vital role in the word’s economic stage. We take pride in our role and the honest, integrity and respect we employ in all our interactions.
The Federal Reserve Bank of New York is committed to a work environment that respects and fully values the strengths and differences of its people. Working at the New York Fed provides talented professionals the chance to grow their skills at an institution that has served a critical role in the financial system of the United States and the world for over a century. An important component of the Bank’s diversity effort is our partnership with several professional non-profit organizations, including INROADS, JumpStart Advisory Group, NBDC Emerging Leaders, Seizing Every Opportunity, National Black MBA, Out for Undergrad, Prospanica and Reaching Out MBA. Click here to learn more.