Lead Auditor - Federal Reserve Bank
Chicago, IL
About the Job
Company
Federal Reserve Bank of Chicago
Coordinates and participates in audits of moderate to high level of complexity; directs audit staff in conducting moderately complex audit projects. Possesses and applies broad and specific knowledge of finance, operations and business processes to complete assignments. Interacts with senior Bank and System management and project stakeholders. Develops and maintains relationships with auditees and management to ensure thorough communication.
The level of work is advanced and staff must be able to work under minimal supervision. This job does not have any direct reports.
Your Responsibilities:
+ Plans and adapts approach to audits based on level of risk and complexity
+ Assigns audit objectives to relevant staff based on knowledge of auditor skillset and anticipated complexity of work
+ Conducts complex fieldwork on audits, including preparing work papers in accordance with IIA standards
+ Oversees on-going monitoring and key indicator reviews for areas of responsibility
+ Monitors key performance measures at the District and Systems levels for assigned area of responsibility
+ Identifies risks and clearly articulates their impacts
+ Assess the basic design and operating effectiveness of IT general controls
+ Assess how key controls are incorporated into business applications
+ Leads the development of findings and prepares report documentation
+ Presents complex findings to senior leadership
+ Coordinates follow-up on reported findings and ensures results are documented
+ Provides general guidance and training to new staff
+ Provides training for audit department staff in key Bank processes
+ Serves as auditor-in-charge for multiple, moderately complex audits under general supervision of Audit Manager
+ Reviews work of others to ensure compliance with IIA standards
+ Acts as Audit Liaison for moderate to moderately high risk business processes
+ Supervises staff during assigned audits, provides feedback and serves as a coach and mentor to lower level staff
+ Participates in and/or leads department, Bank, or System projects
+ Participates in System audit work groups and audit community initiatives
+ Participates in and may lead QA project work and initiatives
+ Communicates updates and information to project stakeholders as needed
+ Assists management in preparing annual audit plan and develops material for the Audit Committee Participates in consulting projects including efficiency and process reviews and vendor reviews
+ Leads a team in assessing the effectiveness of moderately to highly complex projects or programs to achieve intended business outcomes and benefits, to deliver expected results, and to manage risks
+ Evaluates the design, function, and actual results from governance & oversight, project & risk management, quality assurance reviews, development/ acquisition, testing, and delivery
Your Background:
+ 3+ years of experience
+ Bachelor’s Degree; preferred field of study: Accounting, Finance or Business
+ CPA, CIA or CISA required
+ Strong understanding of Federal Reserve System business lines and strategies at local and System level
+ Demonstrated independent thinking and decision-making abilities
+ Strong written and verbal communication skills
+ Excellent analytical skills
+ Demonstrated project management skills
+ Demonstrated relationship building skills
What we offer:
+ Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym, and subsidized cafeteria.
+ A continuous learning environment with opportunities to gain new skills and grow your career
Additional Requirements:
+ Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
+ This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
+ As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
+ This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.
_We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status._
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Audit Family
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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
Federal Reserve Bank of Chicago
Coordinates and participates in audits of moderate to high level of complexity; directs audit staff in conducting moderately complex audit projects. Possesses and applies broad and specific knowledge of finance, operations and business processes to complete assignments. Interacts with senior Bank and System management and project stakeholders. Develops and maintains relationships with auditees and management to ensure thorough communication.
The level of work is advanced and staff must be able to work under minimal supervision. This job does not have any direct reports.
Your Responsibilities:
+ Plans and adapts approach to audits based on level of risk and complexity
+ Assigns audit objectives to relevant staff based on knowledge of auditor skillset and anticipated complexity of work
+ Conducts complex fieldwork on audits, including preparing work papers in accordance with IIA standards
+ Oversees on-going monitoring and key indicator reviews for areas of responsibility
+ Monitors key performance measures at the District and Systems levels for assigned area of responsibility
+ Identifies risks and clearly articulates their impacts
+ Assess the basic design and operating effectiveness of IT general controls
+ Assess how key controls are incorporated into business applications
+ Leads the development of findings and prepares report documentation
+ Presents complex findings to senior leadership
+ Coordinates follow-up on reported findings and ensures results are documented
+ Provides general guidance and training to new staff
+ Provides training for audit department staff in key Bank processes
+ Serves as auditor-in-charge for multiple, moderately complex audits under general supervision of Audit Manager
+ Reviews work of others to ensure compliance with IIA standards
+ Acts as Audit Liaison for moderate to moderately high risk business processes
+ Supervises staff during assigned audits, provides feedback and serves as a coach and mentor to lower level staff
+ Participates in and/or leads department, Bank, or System projects
+ Participates in System audit work groups and audit community initiatives
+ Participates in and may lead QA project work and initiatives
+ Communicates updates and information to project stakeholders as needed
+ Assists management in preparing annual audit plan and develops material for the Audit Committee Participates in consulting projects including efficiency and process reviews and vendor reviews
+ Leads a team in assessing the effectiveness of moderately to highly complex projects or programs to achieve intended business outcomes and benefits, to deliver expected results, and to manage risks
+ Evaluates the design, function, and actual results from governance & oversight, project & risk management, quality assurance reviews, development/ acquisition, testing, and delivery
Your Background:
+ 3+ years of experience
+ Bachelor’s Degree; preferred field of study: Accounting, Finance or Business
+ CPA, CIA or CISA required
+ Strong understanding of Federal Reserve System business lines and strategies at local and System level
+ Demonstrated independent thinking and decision-making abilities
+ Strong written and verbal communication skills
+ Excellent analytical skills
+ Demonstrated project management skills
+ Demonstrated relationship building skills
What we offer:
+ Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym, and subsidized cafeteria.
+ A continuous learning environment with opportunities to gain new skills and grow your career
Additional Requirements:
+ Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
+ This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
+ As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
+ This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.
_We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status._
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Audit Family
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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
Source : Federal Reserve Bank