JOE Listings (Job Openings for Economists)
August 1, 2015 - January 31, 2016
Federal Reserve Bank of Cleveland
Position Title/Short Description
Section: Full-Time Nonacademic
Location: Cleveland, Ohio, UNITED STATES
JEL Classifications:
G2 -- Financial Institutions and Services
G1 -- General Financial Markets
Keywords:
Analytics
Banking
Quantitative Analysis
Emerging Risks
Regional Banking
Microprudential
Macroprudential
Full Text of JOE Listing:
The Federal Reserve Bank of Cleveland is seeking a Vice President in charge of Financial Stability Analytics and Research. The successful individual will head a new function within our Supervision and Regulation Department, leading a team of analysts, economists, and bank supervisors responsible for evaluating financial stability risks through applied quantitative analysis. This function will advance the development of tools and models useful in bank supervision, both locally and nationally, with a focus on identifying and monitoring areas of emerging systemic risk in the financial system and serving as a source of expertise for examiners and supervisors. Given the large number of regional banking organizations in the Fourth District, the function will also be responsible for advancing our understanding of emerging risks in the regional banking sector to better inform our core supervisory responsibilities. To qualify a Ph.D. in Economics or Finance is required. A minimum of 10 years of related experience and 5 years of management experience is highly desirable.
This position requires access to confidential supervisory information. Such access is limited to either: (1) "Protected Individuals" as defined by the Immigration Reform and Control Act of 1986; or (2) individuals who qualify under the Board of Governors of the Federal Reserve System’s rules for access to confidential supervisory information. Protected Individuals include, but are not limited to, U.S. Citizens, U.S. Nationals, and lawful permanent resident aliens (also known as "green card holders") who intend to become U.S. citizens. Protected Individuals do not include (i) a permanent resident alien who fails to apply for naturalization within six months of the date the alien first becomes eligible to apply for naturalization and (ii) an alien who has applied on a timely basis, but has not been naturalized as a citizen within 2 years after the date of the application, unless the alien can establish that the alien is actively pursuing naturalization If you are selected for an interview, you will be required to present documentation of your eligibility to access confidential supervisory information prior to the interview.
Application Requirements:
- External Application Link
- Letters of Reference Instructions Below
Reference Instructions:
Include a current CV, in pdf format, and a 5-7 page statement of qualifications, in pdf format, that outlines your qualifications in the following areas: financial stability risk analysis, tools, and models; financial institutions supervision; experience managing a group including PhDs, MAs/MBAs, quants; experience building a new function.