| The Bank 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 evaluates firms'
proposals to acquire or establish additional operations, and
analyzes issues and developments to identify emerging supervisory
risks and develop domestic and international supervisory policy.
| Financial Sector Policy and Analysis |
- Provides technical expertise and analytical support
to managers and staff in the Bank Supervision Group
and elsewhere in the Bank on issues related to capital
markets, risk management, banking reform, accounting,
capital adequacy, electronic banking and Credit, Investment & Payment Risk.
- Assists senior management in the development of
both Federal Reserve System and international supervisory
policy.
- Analyzes and evaluates proposals by domestic and
foreign banking institutions to undertake mergers
and acquisitions, make foreign investments, and establish
non-banking subsidiaries.
- Analyzes the activities of foreign banking organizations
to ensure consistency with U.S. law.
- Contributes to the development of regulatory policies.
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| Relationship Management and Application |
- 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 Bank 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, legal and compliance risk, or insurance
risk.
- Financial analysts provide cross-institutional analyses
and identify emerging risks in credit and capital
markets.
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