Community and Regional Bank Examiner Senior Examiner – Information Technology and Cybersecurity Specialist - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Minneapolis

Are you looking for an opportunity where you can contribute, work a flexible schedule, and help promote a safe and sound financial system? The Federal Reserve Bank of Minneapolis is looking for financial professionals to fill an Information Technology (IT) Examiner position in its Safety & Soundness business line in the Supervision, Regulation, and Credit Division.

We are seeking individuals who have IT examination, IT audit, or industry experience. Existing expertise in digital assets/cryptocurrency, financial technologies (Fintech), and/or cybersecurity to support evolving trends in traditional banking is a plus. Substantial progress toward, an examiner commission from a federal (e.g., FRB, OCC, FDIC) or State banking regulatory agency is a plus. Applicants should possess strong communication and leadership skills, and enjoy working in a team environment.

Supervision, Regulation, and Credit is responsible for supervising state member banks and banks holding companies within the Federal Reserve System's Ninth District. As an Information Technology Examiner, you will assist the Federal Reserve System in ensuring a safe, sound, and accessible banking system and stable financial markets. In this role you will conduct information technology examinations where you will assess technological risks and evaluate respective risk management programs as well as compliance with applicable banking laws, regulations, and policy statements through onsite examinations and continuous monitoring efforts. You will participate on and lead IT examinations of community and regional banking organizations; conduct meetings with management and boards of directors; prepare written reports of examination findings; and lead and participate on IT examinations of national and regional technology service providers and related information technology risk supervisory activities for community and regional banking organizations. This is a very dynamic and important aspect of our supervision responsibilities.

The Federal Reserve offers a comprehensive training and career development program, allowing you to build on your current knowledge and experience. We provide advanced training opportunities and support development of specialized knowledge, including professional certifications. We offer strong performers assignments of increasing complexity, leadership roles, and promotional opportunities.

We are looking to fill the position in either Minneapolis, MN or Helena, MT.

The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration. 

Responsibilities:

• Lead and manage information technology related supervisory events, including determining scope, rating, resource needs, and work assignments.

• Draft, review, organize, verify, and evaluate supervisory event documents.
• Communicate, describe, support and discuss findings of supervisory events with Reserve Bank and supervised institution management
• Review technology development and acquisition processes, as well as support and delivery capabilities, including risks associated with outsourcing, security, networks, and contingency planning.
• Assess systems of internal controls and the quality of internal and external audit function.
• Analyze supervised institution performance regarding laws, regulations, and regulatory policies and support conclusions about overall status of supervised institution regardless of size or complexity.
• When in a leadership role on an examination, provide training, work direction, and feedback to assisting examiners.
• Develop and maintain expertise in IT (including cybersecurity) risk, as well as supervisory expectations, industry practices, and emerging financial industry technology, such as Fintech and cloud-based activity.
• Identify and participate in opportunities to enhance skills, including assisting with System or Reserve Bank special projects.
• Safeguard equipment, sensitive data, and resources according to the SRC Information Security and Data Handling Handbook.
• Handle records in accordance with the System Records Retention Manual compliance plan.
• Perform other duties as assigned.

Qualifications:

• Bachelor’s degree in related field.
• Examiner: At least 4 years of financial services, banking regulations, examinations and/or expertise in a financial services or other relevant specialty.
• Senior Examiner: Substantial related experience (6 years) in financial services, banking regulations, examinations, and/or a high level of expertise in a financial services or other relevant specialty.
• Commissioned examiner preferred. In lieu of examiner commissioning, specialized expertise in complex examination areas as determined by SRC Management.  
• Strong written, verbal, and interpersonal communication skills
• Strong analytical skills and detail-orientation.
• Valid driver's license with acceptable driving record.
• The job requires travel. While this job posting notes the ability to travel up to 50%, travel requirements can vary greatly and depend on experience, economic conditions, and resource needs. We expect travel to stay well below 25% going forward; however, a change in circumstances could increase travel requirements up to 50%. Examiners generally travel within the 9th District (Montana, North Dakota, South Dakota, Minnesota, and portions of Michigan and Wisconsin). A standard travel week is Monday – Thursday or Friday.
• Proficient technical knowledge of IT and information security risk management programs, measurement tools, models, control frameworks, and risk indicators used to make decisions on IT/cybersecurity risks for an organization. Some preferred areas include vendor risk management, cybersecurity response and resilience, cloud security, data governance and security, endpoint and server technologies, intrusion detection and prevention systems, identify access management and access control, and threat vulnerability management.
• Experience with auditing or managing security and technical controls using industry standard frameworks such as FFIEC, NIST, SANS, and ISO preferred.  Certified Information Systems Auditor (CISA) and / or Certified Information Systems Security Professional (CISSP) industry certifications preferred.

Salary range for Minneapolis:
Examiner: $98,100 - $122,578 - $147,100
Senior Examiner: $127,900 - $159,820 - $191,800

Salary range for Helena:
Examiner: $88,300 - $110,320 - $132,400
Senior Examiner: $115,100 - $143,838 - $172,600

Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.  

Our total rewards program offers benefits that are the best fit for you at every stage of your career: 

• Comprehensive healthcare options (Medical, Dental, and Vision) 
• 401(k) match, and a fully-funded pension plan 
• Paid time off and holidays 
• Free public transportation passes 
• Annual educational assistance 
• On-site fitness facility  
• Professional development programs, training and conferences 
• And more… 

The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy. 

Additional Information:

*This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship. 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Bank Examination

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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