Federal Reserve Bank of Minneapolis
Day Job Job Summary: Provides internal audit coverage of the Federal Reserve Bank of Kansas City and its branch offices through liaison assignments and team audits, in order to provide independent, objective assurance designed to identify control weaknesses and recommend improvement opportunities for Bank operations. Assists the Bank in meeting its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, controls, and governance processes. Key Activities: Assists on audits by performing the following tasks: prepares for audit attentions by familiarizing self with business area responsibilities and relevant risks; conducts interviews with client staff and management to understand the internal control environment; analyzes data and business processes to evaluate and verify compliance with established policies and procedures; and determines if internal controls and processes are effective for assigned audit steps. Prepares accurate well-written work papers and audit observations for auditor-in-charge and audit management that are in compliance with Division policies and procedures and the International Standards for the Professional Practice of Internal Auditing. Completes assigned work on audit attentions and other projects within established time and resource constraints. May lead less complex audit attentions or special reviews and\/or co-lead more complex attentions with close supervision. As an auditor-in-charge, leads audits by performing the following tasks: assesses risks associated with business area,; establishes audit scope and objectives; develops audit programs and assigns resources; manages timelines and audit resources to ensure a thorough assessment of key risks; provides direction to audit assists through workpaper review and written and verbal feedback; maintains ongoing communications with the audit team, audit management, and client management; determines and communicates audit issues and recommendations to client management; determines if internal controls and processes are effective and develop the overall audit opinion; and prepares written audit reports. Participates as needed on System-level audit activities. Identifies efficiencies in operations. May serve as an audit liaison contact for a business area; manages relationships with business area contacts and conducts activities to expand knowledge of liaison areas. Develops foundational knowledge of concepts related to business operations, information technology, and\/or project management. Apply intermediate competence and skills in performing key activities, particularly related to: professional judgment; risk and control assessment; written & verbal communication; interpersonal\/teamwork; decision making\/problem solving; analytical review; initiative and personal productivity; customer service; relationship building; knowledge of generally accepted auditing techniques and the Institute of Internal Auditors\u2019 Professional Practices Framework; and computer skills using standard business and audit applications. Qualifications: \u2022\u00a0Bachelor\u2019s degree in closely related field, or an equivalent combination of education and\/or directly related work experience. \u2022\u00a0Relevant business experience is preferred. \u2022\u00a0Certification in one or more of the following is preferred; Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE), Certified Financial Services Auditor (CFSA), Chartered Bank Auditor (CBA), or Certified Management Accountant (CMA). \u2022\u00a0Performs work using established instructions, policies, and procedures under general supervision. \u2022\u00a0Occasional travel may be required. \u2022 Additional screenings may be required based on level of access. The Federal Reserve Bank of Kansas City is an equal opportunity employer. As such, the Bank recruits, hires, trains, and promotes individuals without regard to race, color, religion, sex, national origin, age, disability and\/or sexual orientation.
Federal Reserve Bank of Minneapolis
Website : https://www.minneapolisfed.org/