Company

Federal Reserve Bank of Minneapolis

Are you interested in using your technical, analytical, collaborative and relationship management experience to support an outstanding internal audit team? Do you want to use data to provide data driven insights to audit stakeholders?

The Federal Reserve Bank of Minneapolis is looking for an IT Auditor with data and analytics experience to advance, our Internal Audit data and analytic capabilities, as well as leading and performing audits related to the Federal Reserve Bank’s IT functions.

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, unless directed otherwise by your supervisor.

Responsibilities:

• Conduct and lead project audits that evaluate risks and controls for local and enterprise entities to ensure compliance with our policies, procedures, and standards.

• Performing and leading audit work associated with on-premises and cloud-based technology infrastructures and applications following Federal Reserve System and industry control frameworks.

• Create audit plans including risk assessment, scope, testing programs, schedule, resource allocation and budget, and work assignments.

• Acquire and apply detailed knowledge of audit areas. Identify controls, assess processes, documents work performed, develops recommendations, and communicate results to all levels.

• Conduct process interviews and walkthroughs to document relevant processes and internal controls of business lines.

• Determine effectiveness of department controls through interviews, process assessments, policy and procedure review, work paper documentation, and follow-up testing. Provide work direction, and guidance to other technology auditors and may include the onboarding of new employees.

• Grow Audit Department data efforts including supporting the Data Analytics Team, providing training related to data analytics, and working with business lines to understand available data to expand the use of analytics for continuous monitoring and within audits.

• Assist with the development of a Data, Analytics, and Automation approach for the Audit department.

• Work with Audit personnel, partners, IT, the Federal Reserve System Audit community to identify data requirements, data governance, data sources, data transformation, and data visualization/reporting needs.

• Support the development of the infrastructure required for extraction, transformation, and loading of data from several data sources using multiple big data technologies. Build analytic tools that use the data pipeline to provide relevant, data-driven insights into operational efficiency, operational compliance, identify new risks, improve our processes, and other important metrics. Develop data visualization models/reports to provide excellent strategic reporting insights to Audit and business management.

• Build and foster relationships between the internal audit function and internal business area leaders to establish trust and an open line of communication.

• Ability to adapt to change quickly and multi-task.

• Exhibits a high level of efficiency, accuracy, integrity, organizational skills, and attention to detail.

Qualifications (Auditor, Senior):

• Bachelor's degree AND four (4) years of Audit and/or job-related experience OR a master's degree AND two (2) years of Audit and/or job-related experience.

• Demonstrated ability to leverage technology, automation, and analytic techniques to provide insightful perspectives in an effective and efficient manner.

• Analytical thinker, problem-solver, and the ability to manage multiple priorities with competing deadlines.

• Collecting, organizing and synthesizing complex data; summarizing conclusions and developing recommendations independently.

• Ability to work well with people from different disciplines, organizational levels, and with varying degrees of experience.

• Demonstrated understanding and ability to execute risk-based auditing concepts and testing strategies.

• Self-motivated and proactive in managing workload and professional development.

• Demonstrates strong analytical, written/verbal communication skills, interpersonal, and relationship building skills with business lines.

Qualifications (Auditor, Principal):

• Bachelor's degree required AND six (6) years of Audit and/or job-related experience OR a master's degree AND four (4) years of Audit and/or job-related experience.

• Demonstrated ability to leverage technology, automation, and analytic techniques to provide insightful perspectives in an effective and efficient manner.

• Analytical/out of box thinker, problem-solver, and the ability to effectively manage multiple priorities with competing deadlines.

• Collecting, organizing and synthesizing complex data; summarizing conclusions and developing recommendations independently.

• Ability to work well with people from different disciplines, organizational levels, and with varying degrees of experience.

• Demonstrated understanding and ability to execute risk-based auditing concepts and testing strategies.

• Self-motivated and proactive in managing workload and professional development.

• Demonstrates strong analytical, written/verbal communication skills, interpersonal, and relationship building skills.

The following are desired qualifications, not required:

• Professional certifications: e.g., CPA, CIA, CISA, etc.

• Experience with internal auditing.

• Excellent written and interpersonal communication skills, specifically in interacting with others various departments, generally require influencing, instructing, and negotiating with individuals to gain their understanding, and cooperation and action.

Salary Range for Auditor, Principal: $85,900 $107,385 $128,900 Annually.

Salary Range for Auditor, Senior: $73,000 $91,246 $109,50 Annually.

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 (https://www.minneapolisfed.org/about-us/careers/job-profiles) , we work together to represent you in our economy.

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.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Accounting/Finance

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.

Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us

There will always be room for personal growth

Our people are first

You’ll find the right balance

Your responsibilities will be meaningful

We hope that you will be our future colleague.