IT Risk Specialist at Federal Reserve Bank (FRB) in New York City, New York

Job Description:

Working at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems. It is a challenge that demands the skills of a financial service professional and the intelligence of an academic-all combined with a passion for public service.

What we do:
The IT Risk Specialist will conduct IT risk management assessments and examinations for large/complex systemic financial institutions under Federal Reserve supervisory authority.

The IT Risk Specialist will help assess supervised institutions' IT and operations risk management programs, information technology operations, and management information systems to ensure they are operating in a sound manner and in compliance with applicable banking laws, regulations, and policy statements. The IT Risk Specialist will participate on national examinations for information security and cybersecurity, including assessing business resiliency and vendor risk management.

Your role as an IT Risk Specialist:

• Participate in IT examinations to determine the effectiveness of supervised institutions' IT program and validate their remediation efforts of identified issues.
• Participate in System and local IT programs related to training, supervisory committees and contribute to the development of policy statements that enhance the supervision of financial institutions.
• Prepare well documented and supported supervisory products and work papers, communicating complex supervisory observations and findings, including required actions to senior management and board of directors.
• Prepare written analyses and presentations based on financial institutions risk profile and broader industry trends or latest risks.
• Help prepare supervisory plans for relevant risk-based supervision factoring the complexity of the target systemic firm(s).
• Help analyze IT risk management and other IT security programs to determine an estimated risk position of the financial institutions and the potential impact to the financial services industry.
• Maintain a global awareness of relevant regulations, laws, new issues, trends, and ongoing developments in the financial services industry.

• 3+ years of experience in risk management, audit, or information security.
• Bachelor's degree in computer science or related field.
• Industry recognized information technology certification (e.g., CRISC, CISM, CISA) or equivalent certification desirable.
• Familiarity with common information security frameworks.
• General knowledge in information security/cyber security, risk management, end point and server technologies, network management/architecture, intrusion detection and prevention systems, vulnerability management, patch management systems, and data center operations and management.
• Ability to analyze threat intelligence reports to identify vulnerabilities, understand how they could be exploited, and the potential impact to the financial industry.
• Ability to understand and translate complex technical issues into business effects for technical and business representatives.
• Up to 25% of travel during the course of the year. Travel may be to different locations throughout the U.S.

Benefits:
Our organization offers benefits that are the best fit for you at every stage of your career:

• Fully paid Pension plan and 401k with Generous Match
• Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
• Subsidized Public Transportation Program
• Tuition Assistance Program
• Onsite Fitness & Wellness Center
• Flexible Work Arrangements
• And more which you can find here

Candidates must undergo an enhanced background check and will be tested for all controlled substances prohibited by federal law, to include marijuana.

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.