Vacancy expired!
Company Federal Reserve Bank of San Francisco
While the SF Fed is a Reserve Bank, we're not what you might expect. We're unreserved here. That means we seek new and diverse perspectives. We spark conversations and encourage debate. We build opportunity. We pursue careers that are true to ourselves. We are looking for people who want to help our country reach its full economic potential. When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone. We are looking for an Internal Auditor for our San Francisco Federal Reserve Bank Internal Audit Team. You will be part of the Reserve Bank Operations Audit Team which audits large scale Cash Operations, Federal Law Enforcement, Facilities Management, and other Administrative Services. Ideally, you live in commutable distance to our downtown San Francisco Head Office (Embarcadero). Other locations within our district such as Los Angeles and Salt Lake City are available if you live in commutable distance to these offices. We empower our people to balance their life and work responsibilities. That's why we offer a flexible hybrid work model that allows you to collaborate with office colleagues on some days, and work from home on others. In practice, this means that we are in the office 2-3 days per week on average but keep these days flexible and recognize that unforeseen events may require more time to work from home in certain weeks. The Operations Audit Team travels occasionally to our branches within the district to perform on-site audit work. These offices include Los Angeles, Seattle, Phoenix, and Salt Lake City. Travel assignments are typically 3-5 days and occur on average 1-2 times each quarter. Responsibilities:- Perform walkthroughs and flowchart processes, identify key controls, create and execute thorough testing methods to evaluate the adequacy of controls.
- Identify control improvement needs and recommend management actions.
- Prepare clear, concise, and persuasive work paper documentation in line with the Institute of Internal Auditors (IIA) International Standards.
- Perform follow-up activity on issues reported by Audit and external parties.
- Become a knowledge source for Bank operations or functions by serving in the role of 'Audit Liaison'. This role will allow you to create and maintain a positive and collaborative partnership with one or more business leaders in our district, develop a broad business perspective of Federal Reserve System functions and services, and to stay informed about business practices.
- Complete annual risk assessments for the Bank's Operations functions and provide input to the department's annual audit plan.
- Participate in local (District) and nationwide (System) workgroups.
- Bachelor's degree in Business Administration, Risk Management, Finance, Accounting, or related field.
- 2+ years of internal or external auditing experience or other relevant financial services work experience in risk management, compliance, first line (quality) assurance, or in a team leadership capacity (if coming into the role without an audit background).
- Analytical mindset and critical thinking skills. Ability to apply sound judgment when making decisions related to internal control evaluations.
- Effective written and verbal communication skills to prepare clear, persuasive audit work papers, and communicate audit results including observations.
- Ability to flowchart processes, identify key controls, and develop applicable audit procedures
- Knowledge of the Institute of Internal Auditor's International Professional Practices Framework (IPPF); and the Committee on Sponsoring Organizations (COSO) internal control and Enterprise Risk Management (ERM) risk assessment and IT Control frameworks.
- Knowledge of operational and business concepts and risk (including fraud) assessment practices.
- Ability to establish collaborative team and audit client relationships including negotiation and influencing skills.
- Proficient in the use of Microsoft Word, Excel, PowerPoint, and Visio.
- or Green Card holder with the intent to become a .
- Professional audit certification(s) such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA), or commitment to obtain the CIA or CISA within the first two years of employment.
- Master's Degree in Business Administration, Risk Management, Finance, Accounting, or related field.
- Strong knowledge of internal control systems applicable to Bank operations and functions.
- Knowledge of computer-assisted auditing and data analytics software.
Vacancy expired!