This position is responsible for leading or conducting the most complex System and local audits and other projects, with an emphasis and focus on financial management related engagements.  This position requires acquiring and applying expert knowledge of audit standards and techniques, as well as Federal Reserve policies, applications, governance, risks and controls.  Serves as a key resource to strategic System and local workgroups and projects.

Principal Accountabilities:

• Plan, lead, and conduct the most complex System and local audits in accordance with established policies and standards under limited direction and a high degree of independence.

• Supervise and review audit work performed by audit team members, and evaluate audit team members performance after each assignment.

• Prepare written reports to operations management at the conclusion of audits and reviews. Identify and assess the impact of audit exceptions, make appropriate recommendations, and present clear and convincing explanations of the issues with audit and operating management.

• Appraise the adequacy of corrective actions taken to address reported audit exceptions as necessary.

• Develop and maintain audit programs and risk assessments for assigned areas of liaison coverage. Provide audit coverage to the most complex system development efforts or other projects.

• Lead System and local strategic projects utilizing subject matter expertise. Provide consultative/analytical support to System auditors by maintaining expert knowledge of System and industry policies, applications, governance, risks and controls.

• Analyze, assess the impact, and provide expert commentary and opinions on the effectiveness of the most complex topics.

• Serve as a subject matter expert in emerging audit tools, techniques and practices (i.e., CAATS, project auditing, integrated audits).

• Assist in formal and on-the-job System and local audit training, as well as assist in the mentoring of new auditors.

• Build and maintain a System-wide network of contacts within the Audit and management communities.

• Foster a diverse and inclusive working environment where all employees feel valued, respected, engaged, and developed.
   

Other Accountabilities:

Perform other duties as assigned.
 

Supervision:

This position is required to directly supervise 1-3 employees on an assignment basis.  May lead System audit engagements involving significantly more auditors across the Federal Reserve System.
 

Knowledge and Experience:

• Knowledge and experience normally acquired through the completion of a Bachelor's degree and a minimum of six years of related experience.

• Professional certification (i.e., Certified Public Accountant, Certified Internal Auditor, Certified Information Systems Auditor, or Certified Information Systems Security Professional) required.

• Proven analytical skills and expert knowledge of auditing and System policies, applications, governance, risks and controls.

• Working knowledge of data analytics, automated controls, and General IT Controls preferred.

• Requires knowledge of risk management, compliance, and data related frameworks, as well as financial management/accounting related acumen.

• Adept at thinking critically and analyzing data from a variety of sources.

• Exhibits strong communication skills including strong verbal and writing skills.

• Supervision experience in a complex, team-oriented and stakeholder centric environment.
   

The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
 

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks. 

The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position.  Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.  

All applicants must be a US Citizen or a Permanent Resident and have resided in the United States for at least three (3) years.