The Federal Reserve Board is the governing body of the United States’ central banking system, working to support a safe, flexible, and stable monetary and financial system. Its responsibilities span monetary policy, banking supervision and regulation, financial stability, and payment systems, as well as financial services for the U.S. government. Through its role with the Federal Open Market Committee, the Federal Reserve Board helps implement national monetary policy and contributes to oversight of the broader financial system.
Lead IT Auditor – Federal Reserve Bank of San Francisco (Onsite)
Lead IT assurance for FedCash Services at the Federal Reserve Bank of San Francisco. Plan audits, assess IT controls and risks, supervise audit staff, and support nationwide assurance and training.
Description
- Lead internal audit assurance and consulting engagements
- Plan, perform, document, and report on audits evaluating control adequacy and effectiveness
- Supervise and review moderate- to moderately high-risk audit work
- Evaluate audit team members after assignments with appropriate guidance
- Coach auditors to meet quality standards
- Typically supervise 1–4 employees per assignment
- Set risk-based scope and objectives for District-focused audits
- Define assignment schedules and budgets
- Create or update audit programs
- Carry out approved audit programs under established policies and standards
- Assess IT governance and related risks
- Evaluate controls covering information systems, operations, asset protection, and compliance
- Identify, evaluate, and challenge the effects of audit exceptions
- Recommend improvements and explain issues to audit management and operating staff
- Draft audit reports for business management
- Evaluate corrective actions for previously reported findings
- Review follow-up work completed by other auditors
- Maintain expertise in assigned liaison coverage areas
- Analyze relevant data
- Evaluate the effects of changes
- Conduct risk assessments for assigned areas
- Support nationwide FedCash Services assurance activities and audit the NextGen Program
- Provide oversight and training to audit teams across the United States
- Support the System-wide Cash Audit Competency Center through audit guidance and training
Requirements
- Bachelor’s degree or equivalent education and experience
- Earn the Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) credential within 24 months of placement
- At least five years of internal auditing experience
- Strong audit-focused verbal and written communication skills
- Ability to resolve conflicts in challenging or complex situations
- Solid knowledge of common audit applications
- Ability to conduct complex data analytics
- Good knowledge of general IT controls
- Proficiency with Microsoft Office
- Sound knowledge of risk management, compliance, and data frameworks
- Proficient understanding of risk and control principles
- Ability to challenge judgments when evaluating risks and controls
- Good understanding of root cause analysis
- Proficiency in evaluating control design, operating effectiveness, and results
- Comprehensive knowledge of the Institute of Internal Auditors’ International Professional Practices Framework (IPPF)
- Understanding of COSO internal control and Enterprise Risk Management (ERM) risk assessment frameworks
- Strong presentation, facilitation, and project management capabilities
- Willingness to travel approximately 15% of the time
- Must be a U.S. citizen or Green Card holder intending to become a U.S. citizen
- Extensive project-lead audit experience preferred
- Experience auditing large-scale IT programs or projects preferred
- Internal audit experience in financial services, government, or large cash-operation businesses preferred
- Knowledge of data analytics software preferred
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- Pre-tax flexible spending account
- Backup child care program
- Pre-tax dependent-care flexible spending account
- Paid family care leave
- Vacation days
- Sick days
- Paid holidays
- Pet insurance
- Matching 401(k) contributions
- Retirement or pension plan
- Reasonable accommodations for individuals with disabilities