Senior Risk Capital Markets Specialist Senior Risk Capital Markets Specialist …

Federal Reserve Bank Dallas
in Dallas, TX, United States
Permanent, Full time
Be the first to apply
Federal Reserve Bank Dallas
in Dallas, TX, United States
Permanent, Full time
Be the first to apply
Senior Risk Capital Markets Specialist
Senior Risk Specialist (Capital Markets Specialist/Examiner)

The Federal Reserve Bank of Dallas believes in the diversity of our people, ideas and experience, and we are committed to building on inclusive culture that represents the communities we serve.


As part of the nations central bank, the Federal Reserve Bank of Dallas (FRB Dallas) is committed to strengthening the economy and our communities.  At the Fed, you have the opportunity to become part of an important public service institution whose work touches lives across the globe.  Its a big job and thats why we need talented, results-driven professionals who care about making a difference.


The successful candidate will serve as a capital markets risk specialist in a risk team, with responsibilities for the regulatory supervision of financial institutions supervised by the FRB Dallas.  The successful candidate will develop and execute the Federal Reserves supervisory program for capital markets risk and will report to the director of the risk team. This individual will conduct inspections/examinations, perform ongoing monitoring, analyze internal reports, engage in discussions with management at supervised institutions, review industry information, and analyze risk topics affecting the financial services industry. 

The majority of time will be spent in team activities with emphasis on analyzing and assessing risk measurement and management practices for capital, earnings, liquidity and interest rate risk.  Strong knowledge in these risk topics is required. In addition to capital markets risk specialist responsibilities, the successful candidate will work with and support Federal Reserve Central Point of Contacts (CPCs) and dedicated team members to execute a sound supervisory program, as well as support Department, FRB Dallas, and Federal Reserve System initiatives. The interdisciplinary coordination involved is substantial, and the ability to work effectively with other units within the Banking Supervision Department, Board of Governors (BOG) Staff, and other regulatory agencies is key to this role.

An important requirement of this position is effectiveness in initiating and maintaining communication and information flow with supervised institutions management and regulators.  Successful performance in the role also includes clearly defining the rationale for specific inspection/examination activities, which may be driven by a need for more information about industry practices with respect to a given risk topic, or to address specific regulatory concerns developed through ongoing analysis, peer information, external events or regulatory mandates.  Written and oral communications must be clear, articulate, well-supported, and consistent with regulatory standards.  Additional responsibilities will be tailored based on the candidates interests, technical skills, experience and the teams ongoing business needs in terms of risk monitoring.   

  • Leads or participates in supervisory events of financial institutions, including inspection and examination activities that assess capital, earnings, liquidity, and interest rate risk. Analyzes and evaluates the entitys policies, procedures, and controls affiliated with risk areas. Confers with entity and other Federal Reserve personnel to gather information and resolve any issues that arise during the examination. Recommends regulatory ratings/assessments for the area of risk specialty. Leads meetings with entity officials and Reserve Bank management to discuss issues, findings and recommendations.

  • Leads post-supervisory event activities including the completion or supervision of workpapers (and workpaper review), the examination report, vetting document, letter of findings and/or internal memoranda. Ensures written documents that summarize and communicate the findings to the entity board and management, the Board of Governors and other regulatory agencies comply with System and FRB-Dallas standards, policies, and procedures.

  • Conducts or supervises the analysis of responses to remediate issues identified during a supervisory event. Monitors entity between supervisory events for new issues and significant changes in risk profile, recommending actions to be taken when appropriate.

  • Maintains expertise by participating in Federal Reserve System and industry conferences, discussions, and training. Ensures that Reserve Bank management and appropriate business lines affected by the risk area are aware of relevant risks, changes in both institution-specific and external risks, and how such changes affect the industry and entities supervised.

  • Strong knowledge of market and liquidity risk with practical application of capital markets risk management and measurement methodologies, applicable laws and regulations, and relevant supervisory guidance.

  • Strong knowledge of regulatory capital and sound capital planning with practical application of applicable laws and regulations, and relevant supervisory guidance.

  • Broad understanding of banking laws, regulation, and policies.

  • Proficiency with Excel; more advanced analytical skills (experience working in Tableau, STATA, R, Python, SQL, or SAS) would be preferred.

  • Ability to analyze industry trends, research complex topics, and independently identify key risks.

  • Strong written and verbal communication skills are required. The position requires interaction with senior management of the Reserve Bank, BOG staff, supervised institutions, and other regulatory agencies.

  • Ability to navigate difficult or challenging conversations and to provide critical feedback.

  • Shows initiative and follows through on directions with minimal supervision, and recognize situations where deviation from original direction is appropriate.

  • Ability to work well in a team environment and collaborate with peers and management of other business areas.

  • Ability to remain current on new and evolving issues, maintain professional certifications, and expand technical skills.

  • Business insight - Applying knowledge of business and the marketplace to advance the organizations goals.
  • Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
  • Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
  • Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.
  • Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
  • Values differences - Recognizing the value that different perspectives and cultures bring to an organization.
  • Bachelors degree in finance, economics, accounting, or related field. Professional certifications and/or advanced degree is preferred.

  • Minimum five years of banking or related capital markets experience is preferred.

  • Regulatory experience is preferred.
  • An examiner commission from a federal or state bank supervisory agency is preferred.

  • Equivalent education and/or experience may be substituted for any of the above requirements.


  • Monday to Friday from 8:00 a.m. to 5:00 p.m.; alternate work schedule 80 hours/2 weeks; additional hours may be required.

  • Travel up to 25% of the time to complete job duties and responsibilities.


  • This position will be located in the Dallas.
  • The commissioning status, salary level, and title for this position will be determined by applicant's qualifications.  This position may be filled as a Sr. Risk Specialist, Examiner I, Examiner II or Examiner III, depending on the applicant's qualifications and experience.           
  • Employment is contingent upon the selected candidate passing a financial credit check.
  • By federal law, this position requires that candidates fall within one of the following citizenship categories: (1) U.S. citizen, (2) U.S. national, (3) U.S. permanent residents who are not yet eligible to apply for naturalization, or (4) U.S. permanent residents who have applied for naturalization within six months of being eligible to do so.

We are Proud to be an Equal Opportunity Employer

Primary Location: TX-Dallas
Work Locations:
Organization: Federal Reserve Bank of Dallas
Schedule: Full-time
Job Type: Experienced
Shift: Day Job
Travel: Yes, 25 % of the Time