Senior/Lead IT Auditor

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is part of the nation’s central bank and we’ve provided many opportunities for professional growth during our history.

We’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

The Federal Reserve Bank of Cleveland serves the Fourth Federal Reserve District, which comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It is one of 12 regional Reserve Banks that, together with the Board of Governors in Washington DC, make up the Federal Reserve System, the central bank of the United States.

The Bank’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payments systems to promote optimal economic performance across the country and within the Fourth District.

Are you an effective communicator that leads with integrity? Does change motivate and excite you?  Are you a keen identifier and evaluator of IT risks and their organizational impact? Do you know how to leverage data analytics? Are you comfortable with being uncomfortable? Are you skilled in building collaborative relationships?

The Federal Reserve Bank of Cleveland is seeking highly motivated, dynamic, qualified candidates for a Senior/Lead IT Auditor role. Here you’ll bring your professional expertise, talent, and drive to support an organization grounded in a commitment to public service dedicated to ensuring a stable economy for all.

Job Profile Summary

Works as part of a team to, and may lead, the planning and execution of local operational, financial, project, and information technology audits. Enhances and protects organizational value by providing risk-based and objective assurance, advice, and insights in the evaluation of the effectiveness of risk management, internal control, and governance processes. Demonstrates a detailed level of knowledge of IT operations and concepts, risk assessment practices, and internal control systems for assigned areas of the Bank.

Essential Accountabilities

• Develops and maintains a thorough operational understanding of at least two risk areas of the Bank and considered an expert in at least one risk area which includes: maintaining awareness of current events and emerging risks, assessing risks; establishing audit scope and objectives; and developing risk-based audit programs.
• Develops comprehensive business profiles and risk assessments for new and/or significantly reorganized areas.
• Utilizes automated tools to analyze data and complete assigned audit work.
• Determines if internal controls and processes are effective, and if leading the audit, develops the overall audit opinion.
• Prepares audit reports and communicates summary of audit findings.
• Provides counsel and follow-up to management on outstanding findings; conducts follow-up testing; updates open findings records; and recommends closing findings when conditions are addressed.
• Serves as primary 4th District representative to Federal Reserve System audit community competency centers and knowledge forums and actively engages in or leads key projects for those groups.
• Participates in System audit special projects or events, including System Center for Auditor Development training, peer reviews, and Board of Governors reviews of the Bank or other FR Banks.
• Effects changes at the Department/Bank level (e.g., continuous improvements, strategic initiatives, etc.).
• Demonstrates a proficient level of knowledge of IT operations and concepts, risk assessment practices, and internal control systems for assigned areas of the Bank.
• Performs other duties as assigned or requested.

Education and Experience

• Bachelor's degree and a minimum of 5 years of related work experience
• One industry recognized Audit, Banking, Information Technology/Security, or other industry certification required
• Security Assurance for the Federal Reserve (SAFR) certification required (internal certification obtained post-employment)
• Lean Six Sigma Yellow Belt certification required (can be obtained post-employment)
• IIA IT General Controls certificate required (Note: If the auditor is a Certified Information Systems Auditor, this certificate is not required.)

Knowledge Areas – Advanced Level

• Ability to perform independent research
• Microsoft Office (Access, Excel, Outlook, PowerPoint, Word, etc.)
• Business acumen
• Audit acumen and delivery
• Governance, risk, and control
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