Risk Management Examinations Manager

The Division of Banks is seeking an experienced professional to serve as Risk Management Examinations Manager within the Depository Institution Supervision (DIS) Risk Management Unit. This management role oversees a team of examiners conducting safety and soundness examinations of Massachusetts state-chartered banks and credit unions.

This position plays a critical role in safeguarding the Commonwealth’s financial system by ensuring regulated depository institutions operate in a safe, sound, and compliant manner. The selected candidate will provide day-to-day leadership, technical expertise, and strategic direction to examination staff while contributing to the Division’s broader supervisory priorities.

About the Division:

As an employee of the Division of Banks, you will contribute to the mission of the Division of Banks by ensuring a sound, competitive, and accessible financial services environment throughout the Commonwealth. The Division maintains public confidence in Massachusetts financial institutions through the oversight of state-chartered banks and credit unions as well as non-depository licensees doing business in Massachusetts. We are a consumer protection agency, and we support financial literacy education and programs benefiting residents across the Commonwealth. The majority of the Division's employees are Examiners who conduct a variety of on-site and off-site examinations of financial institutions and licensed entities under the Division's jurisdiction.

At the Division of Banks every employee’s ideas and experiences are welcomed. We value and respect that each individual brings different skills and perspectives that uniquely contribute to our agency and the work that we do. It is important that each employee feel empowered to contribute as this allows for more effective collaboration and better results. Within our workplace community, we offer a variety of training and mentoring to create and maintain learning environments that are inclusive, equitable, and welcoming.

To learn more about the Division of Banks, click here.

As a Risk Management Examinations Manager, you can expect to:

• Lead supervisory oversight of an assigned portfolio of state-chartered banks and credit unions, ensuring effective risk management and regulatory compliance.
• Oversee safety and soundness examinations across institutions of varying size and complexity, including risk scoping and off-site monitoring.
• Provide leadership, technical guidance, and mentorship to examination staff throughout the examination lifecycle.
• Engage with senior management of regulated institutions to communicate examination findings and supervisory expectations.
• Collaborate with federal regulatory partners, including the Federal Reserve, FDIC, and NCUA on join examinations and supervisory matters.
• Assist with the review of legal applications within the DIS Unit.

Consider joining our management team if you:

• Are motivated by public service and interested in strengthening the safety, soundness, and resilience of financial institutions across the Commonwealth.
• Have experience leading or contributing significantly to safety and soundness examinations, financial risk assessments, or banking supervision activities.
• Bring a strong understanding of bank and credit union operations, financial analysis, and risk management frameworks.
• Demonstrate sound judgment, strong analytical and communication skills, and the ability to support and develop others in a collaborative team environment.

Work/Life Balance & Benefits:

• Hybrid Position. This is a hybrid position offering remote work flexibility; however, managers are expected to be on-site at a Division office or regulated institution at least once per pay period (every two weeks). Additional in-person attendance will be required based on examination activities, supervisory responsibilities, as well as operational and training needs. Regular travel throughout the Commonwealth is required, with occasional out-of-state travel.
• Flexible Schedule: Managers may choose from flexible start and end times and are eligible for a compressed work schedule that includes every other Friday off.
• Paid Leave: Commonwealth employees receive generous paid leave in addition to a competitive state holiday schedule.
• Retirement: Participation in the Commonwealth’s State Employee Retirement System.
• Training and Development: The Division offers training opportunities through the agency, regulatory partners, and the Commonwealth. Employees are also eligible for tuition remission at Massachusetts public colleges and universities.

Salary placement is determined by years of experience and education directly related to the position and the Human Resources Division’s recruiting guidelines.

Primary Duties:

• Supervise and manage a team of Risk Management Examiners conducting safety and soundness examinations of state-chartered banks and credit unions.
• Coordinate examination planning, risk scoping, a