Cyber/IT Risk Supervising Examiner
Federal Reserve Bank of Atlanta
CompanyFederal Reserve Bank of New YorkWorking 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 will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.
The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.
What we do:
The Supervision Group of the Federal Reserve Bank of New York (FRBNY) supervises banks in the Second District. The objectives of supervision are to:
Evaluate and promote the overall safety and soundness of supervised institutions.
Ensure supervised institutions’ compliance with relevant laws and regulations, including consumer protection.
Facilitate the stability of the financial system of the United States.
Support the growth and stability of the U.S. economy.
Supervision is carried out through a combination of methods, including on-site and off-site examinations involving staff dedicated to the supervision of an individual firm and other professionals focused on analytical, policy and risk matters. Supervision is coordinated with other US agencies.
The Financial Market Infrastructure Function (FMIF) in the Supervision Group supervises systemically important Financial Market Utilities (FMU) and firms providing technology services to banks, as well as leading complex, multi-year cross-portfolio projects related to market infrastructure reform and resilience.
Your role as a Cyber/IT Risk Supervising Examiner:
You will serve as a subject matter expert and lead examinations and contribute to supervisory assessments of FMUs and technology service providers (TSPs), and develop cross-firm analyses of financial stability issues related to cybersecurity risks and resiliency. The role will include to identify and assess the effectiveness of supervised entities’ management of cybersecurity and IT risk management programs and associated management of information systems to ensure they are operating in a safer and sound manner and complying with applicable laws, regulations, and policy statements.
As a member of the FMIF Risk & Analysis team you will work closely with other information technology (IT), cybersecurity, and operational risks specialists to develop cross-institutional perspectives on sound risk management practices in these risk disciplines.
Core responsibilities include:
Lead cybersecurity/IT risk examinations and contribute to cross-firm horizontal reviews and projects.
Build inclusive collaborative relationships with different supervisory teams, policy staff and other regulators to inform overall assessment of entities firm-wide cyber/IT risk management practices.
Prepare well-supported supervisory products on firm specific cybersecurity/IT risks and emerging industry trends.
Effectively communicate complex supervisory findings, including required actions to various internal and external stakeholders.
Maintain knowledge of the latest threats/vulnerabilities and risk management practices and its effects on FMUs and TSPs, and present periodic updates to the FMIF management team.
Investigate, analyze, and respond to cybersecurity incidents impacting supervised entities in accordance with FMIF’s incident communication playbook.
What we are looking for:
Relevant experience in cybersecurity, management oversight and governance, and/or strategic planning and policy.
Proven ability to use industry standard cybersecurity/IT frameworks (e.g., FFIEC, NIST, SANS, etc.) and associated controls with payments systems and clearance and settlement activities.
A strong collaborator and self-starter with experience working with multiple stakeholders.
Experience working in regulatory/government agencies or financial services is ideal.
Excellent project management and time management skills, including managing multiple projects with limited oversight while adapting to changing priorities.
Salary Range: $165000 - $200000 / year
We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.
Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.
Our organization offers benefits that are the best fit for you at every stage of your career:
Fully paid Pension plan and 401k with Generous Match
Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
Subsidized Public Transportation Program
Tuition Assistance Program
Onsite Fitness & Wellness Center
Please note that the position requires access to confidential supervisory information and/or FOMC 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, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements.
In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana.
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.
The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.
Full Time / Part TimeFull time
Regular / TemporaryRegular
Job Exempt (Yes / No)Yes
Job CategoryInformation Technology
Work ShiftFirst (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.