Auditor, Senior/Principal at Federal Reserve Bank (FRB) in Minneapolis, Minnesota

Job Description:

Company

Federal Reserve Bank of Minneapolis

We are Internal Audit for the Federal Reserve. Join our team and embark on an extraordinary career journey!

The Internal Audit function plays a critical role in providing independent, comprehensive, and objective services that enhance and protect the organizational value of the Federal Reserve System. We work closely with all business functions and all levels of leadership to ensure appropriate risk management is applied within processes, which supports the successful achievement of stakeholders’ strategic initiatives and the Federal Reserve’s public service mission.  As part of the nation’s central bank, we touch the lives of millions of Americans every day. Our public service mission is to strengthen the economy and our communities by fostering the stability, integrity, and efficiency of our nation’s monetary, financial, and payments systems. When you join our team, you’ll work alongside talented professionals who are committed to promoting a sound financial system and a healthy economy. With a culture rooted in inclusive relationships, personal development, and work-life balance, we are truly a place where your perspective, talents, and skills will allow you to thrive.

We are seeking enthusiastic and innovative teammates, who desire a unique and challenging career experience unlike anywhere else! Come join us, and let your intellectual curiosity lead you through a career at our dynamic organization.

History Made Daily. Be Part of the Story.

Responsibilities:

• Plans, conducts and leads complex financial, operational, technical, and/or project audits that evaluate risks and controls for the various departments and/or System to ensure compliance with the organization's policies, procedures and standards.  




• Identifies controls, assesses processes, documents work performed and develops recommendations. 




• Prepares audit reports and conducts meetings with various level of Bank management to effectively communicate audit results and recommendations.  




• Effectively provide work direction as Auditor in charge, give guidance to other auditors, and may participate in onboarding new employees. 




• Acquires and applies a detailed knowledge of assigned primary audit areas, a general knowledge of secondary resource audit areas, and System level activities. 




• As appropriate, may apply complex information processing and communication technology knowledge to audit areas. 




• Works independently and receives minimal guidance.  




• As Auditor-in-Charge, provides support to department management in the areas of staff direction, training, and workpaper review.




• Plans, completes and may lead complex assignments and projects related to department, Bank, and System activities. 




• Demonstrates strong analytical, problem solving, critical thinking, written/verbal communication skills, interpersonal, and relationship building skills.




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




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




• Performs other duties as assigned.

Qualifications:

• To be considered for Senior Auditor: 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.




• To be considered for Principal Auditor: Bachelor's degree AND six (6) years of Audit and/or job-related experience OR a master's degree AND years (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 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.




• Professional certification is preferred (e.g., CPA, CIA, CISA, etc.).

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

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

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. 

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. 

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.

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