| The Financial Institution Supervision Group supervises and
regulates financial institutions in the Second District. Its
primary objective is to maintain safe and competitive U.S.
and global banking systems. Staff in the Group assess the
safety and soundness of domestic banking institutions and
operations of foreign banking organizations in the District
through periodic onsite evaluations and offsite financial
analysis and surveillance. The Group also analyzes issues and developments to identify emerging supervisory
risks and develop domestic and international supervisory policy.
| Financial Sector Policy and Analysis |
Policy
Policy provides analytical support to the Bank on a variety of issues, including:
- Formulating policy positions for domestic and international discussions on financial sector issues.
- Preparing memoranda on emerging issues and risks within the financial sector.
- Writing speeches and briefing papers for Bank management.
- Assisting financial exam teams, as well as other Financial Institution Supervision Group colleagues, in their analyses of financial risk, capital adequacy, insurance, accounting and other issues of concern for supervisors, and helping to incorporate findings into policy guidance.
- Responding to specific bank inquiries on capital-related issues.
Financial Sector Analysis
The Financial Sector Analysis group (FSA) provides rigorous, proactive and timely analysis to the Bank’s senior management, examiners and analysts to support the Bank's policy objectives around the effective microprudential supervision of large financial institutions and the broader macroprudential goal of maintaining financial stability. FSA focuses on assessing the strength and resiliency of the large institutions at the core of the U.S. financial system to identify emerging risks for individual firms and the broader impact on financial markets and the financial system as a whole.
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| Relationship Management |
- Develops and operates an oversight program for each
supervised financial institution in the District.
- Maintains relationships with financial institutions
and with other domestic and foreign supervisory authorities.
- Examiners serve as relationship specialists, financial
analysts or surveillance analysts, and focus on large
foreign banks, other foreign banks, large domestic
banks, regional banks or community banks.
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| Resource and Logistics Management |
- Provides management, administrative and technical
support services to the Financial Institution Supervision Group with
respect to resource planning and coordination, training
and development, human resources management, automation
planning and implementation, and information management.
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| Risk Management |
- In concert with Relationship Management, implements
the supervisory plans for individual institutions,
assessing their risk exposures and risk management
frameworks, providing cross-institutional assessments,
and assisting in developing sound practice guidelines
and new examination procedures in response to the
changing risks in the financial industry.
- Examiners serve as risk specialists in the following areas: operational risk, market and liquidity risk, credit risk and legal and compliance risk.
- Financial analysts provide cross-institutional analyses
and identify emerging risks in credit and capital
markets.
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