Examiner/Senior Examiner: Central Point of Contact

CENTRAL POINT OF CONTACT / EXAMINER
FEDERAL RESERVE BANK OF SAN FRANCISCO
 
POSITION:    Examiner/Senior Examiner: Central Point of Contact UnionBanCal Corporation (UBC)
 
GRADE:         14/15/16
 
LOCATION:  San Francisco or Los Angeles
 
POSTING DATES:  November 4 – November 30, 2009                   REQ #: 10615
 
SUMMARY:
 
Mitsubishi UFJ Financial Group (MUFG) is one of the largest banking groups in the world.
UnionBanCal Corporation (UCB) represents the entirety of MUFG’s U.S. retail operations. The FRBSF’s MUFG Supervisory Team works closely with all U.S. regulators, including the OCC’s resident team at UB, and now has a position open to develop and implement our supervisory program including fluid assessments of risk and the RFI ratings at UBC and to coordinate our increasing collaboration with the OCC.   
 
This position is on the MUFG Team as its central point of contact for UBC.  A primary emphasis of the position will be to cover all aspects of Basel II implementation and the qualification process at UBC in collaboration with the 12th District Basel II Coordinator, the MUFG Team Risk Coordinators, the System Basel II Management Team and Qualification Teams, and other supervisors.  In addition, this position will be responsible for coordinating and overseeing inspections and targets at UBC and FRBSF’s participation on the OCC’s target examinations at UB.
 
RESPONSIBILITIES:
 
Contribute to the development and execution of the consolidated supervision program for MUFG by:
•      Coordinate FRBSF’s participation in OCC targets at UB.
•      Coordinate and oversee inspections and targets at UBC, including signing off on the report of inspection and target letters prior to issuance.
•       Monitoring qualification developments at UBC and UB through reviewing OCC assessments and workpapers, reviewing internal risk management reports, and regular interaction with key managers and the OCC’s resident team.
•       Keeping Federal Reserve stakeholders apprised of Basel II developments and developing qualification assessments.
•       Assisting in the development of supervisory strategies, MIS, and the Supervisory Plan and Risk Assessment, as well as the Report of Inspection.
•       Overseeing execution of the supervisory plan including examination and continuous monitoring activities related to Basel II (e.g., participating in supervisory activities, reviewing OCC qualification assessments, developing scope memos and conclusions). 
•       Identifying and communicating as appropriate specific areas of concern/focus and, where necessary, seek the guidance and technical expertise of risk specialists to evaluate the control environment and risk.
•       Completing documentation required by the System Basel II Management Team to capture qualification assessments, such as qualification summaries, workprograms, and quarterly reports.
•       Working collaboratively with other supervisory teams’ Basel II Coordinators, the Basel II Management and Qualification Team members, and technical experts to enhance the quality and consistency of our approach, facilitate the sharing of best practices, and identify emerging issues. 
•       Focusing significant attention on establishing inclusive working relationships with key functional supervisory constituents (e.g. OCC) to understand the risk profile at UBC and issues affecting Basel II qualification. 
•       Developing and enhancing relationships with UBC staff involved in Basel II implementation.
•       Providing candid feedback to examiners executing targets and other supervisory activities for the MUFG Supervisory Team.
 
QUALIFICATIONS:
 
•       An applicant for employment must be a U.S. Citizen, U.S. National, or hold a permanent resident/green card with intent to become a U.S. Citizen. 
•       Applicants must hold an examiner commission from a federal or state bank supervisory agency.
 
Applicants for the position must also have demonstrated strong performance in core technical and behavioral competencies.  Critical behavioral competencies include but are not limited to:
 
·           Teamwork and Cooperation - the ability to build a cohesive team, work cooperatively with others, share information and work effectively together toward a common goal.
 
·           Influence - the ability to get others to accept and support ideas, persuade or influence others in increasingly complex ways to take a course of action aligned with the values and objectives of the Division, Bank, and System.
 
·           Conceptual Thinking – the ability to identify situations that are similar to past situations or to identify connections among situations that are not obviously related, and to use that recognition to address the situation at hand.
 
·           Flexibility - the ability to change and adapt in response to situations as they develop, be comfortable changing course, make decisions or take action when all of the facts may not be known or when there are no precedents or policies to guide them.
 
This is a San Francisco-based position subject to rotation after a term of 3-5 years.  Requirements include supervision experience and Bachelor’s degree or equivalent work experience.  Candidate should have exposure to a variety of examination disciplines with at least some experience examining risk management and capital adequacy at Large Financial (LFI) or Regional Banking Organizations.   Some travel required.
 
  
Distinctive Advantages of Working for the Federal Reserve Bank:
What sets the Bank apart from competitors is a competitive salary and benefits package that includes: medical, dental, and vision; retirement plan and employer matched thrift plan (401K); supplemental travel bonus; tuition assistance; subsidized cafeteria, fitness center, etc.
 
The department also offers a flex time schedule, which allows employees to work a 9/80 work week, so employees have every other Friday off.
 
If interested in applying or learning more about the Federal Reserve Bank of San Francisco, please go to www.frbsf.org .
 
 The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer.

Apply at: http://www.frbsf.org/federalreserve/careers /