Lead Auditor/ Senior Auditor

Company

This posting is a dual grade posting. Candidates who have a slightly lower level of experience, education, or qualifications may also be considered.

The Audit Department assists the Bank's Board of Directors and senior management in the effective discharge of their responsibilities by assessing the adequacy and effectiveness of controls within Bank business areas over financial reporting and other critical operations, effectiveness and efficiency of operations, compliance with policies, procedures, laws and regulations, and the adequacy of the Bank's risk management and governance processes.

Under limited supervision and oversight, this role provides internal audit coverage through a variety of assignments including but not limited to assisting or leading as Auditor-in-Charge (AIC) complex local and System audit work, project monitoring, special reviews and/or projects and liaison assignments.

Represent the department and the System Audit Community on workgroups and assist the Board of Governors (Board) or other agencies with reviews of other Reserve Banks.

Provide independent, objective assurance and exercise professional skepticism designed to identify and assess control weaknesses and deficiencies and to recommend improvement opportunities.

What You Will Do:

• Reporting to the Audit Manager, you will plan and execute complex local and System engagements as an AIC or assistant.
• AIC responsibilities include but are not limited to planning, executing and reporting audit activities, communicating with multiple levels of Bank management, supervising auditors who may be of a higher grade level and completing audit evaluations.
• As an assistant, participates in engagements with minimal oversight from AIC and management. Strengthen the department's relationship with operations management through liaison responsibilities and by responding to ad hoc requests.
• Conduct analysis of the design and implementation of new business processes and new automated systems to ensure audit controls by walkthroughs or other methods.
• Involved in the accomplishment of departmental goals and quality initiatives as a team leader or team member. Identify, analyzes, evaluates and documents information to achieve specific assignment objectives.
• Participate in local and System training.
• Represent the department by participating on Bank and System workgroups or committees.
• Assist the Board, other agencies, and other Reserve Bank audit departments with their reviews of internal audit and operations.
• Overarching responsibilities:
• Maintain compliance with The Institute of Internal Auditors Global Internal Audit Standards and Code of Ethics.
• Comply with all other relevant department, Bank, and System policies and requirements.
• Identify other tasks to further the department's mission and personal professional development as identified and approved.
• Be a valued advisor by establishing and maintaining working relationships with business area management, auditees, and external parties.
• Fulfill job responsibilities in conformance with sound safety practices.

What You Have:

Education and Experience:

• Minimum of 4 years relevant work experience (preferably in public accounting, internal audit, consulting or controls/compliance).
• Bachelor's degree in a related field is required.
• Professional certification related to Auditing, Accounting, or Information Technology required.
• Certifications may include; Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), or Project Management Professional (PMP). Other relevant certifications may be considered.

Other Requirements:

• Up to 5%-10% domestic travel. Sunday travel occasionally required.
• Subject to extended work hours to complete audit work and meet deadlines.
• Flexibility in scheduling remaining work hours outside the core window, subject to manager approval.
• The salary grade for this position is: Dual grade 13/14. Final salary and offer will be determined by the applicant's background, experience and skills, as well as internal equity and alignment with market data.

The salary grade for this position is: Dual grade 13/14. Final salary and offer will be determined by the applicant's background, experience and skills, as well as internal equity and alignment with market data.

We offer a great benefits package that features:

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
• 401k/Thrift Plan with generous employer match
• Employer-funded Pension Plan
• Paid Vacation/Sick Time & Holidays
• Monthly $200 Commuter Allowance
• Flexible Spending Accounts and Healthcare Spending Accounts
• Flexible Work Schedule available in most departments
• Life Insurance and Long Term Disability Insurance
• Tuition Reimbursement (undergraduate and graduate)
• Parental Leave
• Free onsite 24/7 Fitness Center including training classes, Peloton bikes and locker room / shower facilities
• Onsite Cafeteria & Coffee Shop
• Additional Convenience Benefits, Discounts and More…

Additional Information:

• The Federal Reserve Bank of Philadelphia takes your information privacy seriously. Federal Reserve Bank of Philadelphia staff will only email you from the “@phil.frb.org” domain or through the Workday system “rb@myworkday.com”. If you are initially contacted by phone, feel free to request that the caller provide you with their email address to validate their identity. If you have any questions about the validity of someone who contacts you regarding this position, please email the Talent Acquisition team at TalentAcquisition@phil.frb.org.
• We are an equal opportunity employer committed to hiring the best candidates and to providing equal employment opportunity to all persons without regard to race, color, religion, sex, pregnancy, national origin, age, genetic information, disability, military service, or any other basis protected by law.
• We will ensure that individuals with disabilities are provided reasonable accommodations to participate in the job application or interview process, to perform essential job responsibilities, and to receive other benefits and privileges of employment. If you need assistance or an accommodation due to a disability, please email us at TalentAcquisition@phil.frb.org.
• All Federal Reserve Bank of Philadelphia 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 officer if necessary. You should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
• You will be required to complete a background investigation including drug testing as a condition of employment, after the job offer is made. Candidates for positions deemed as "safety sensitive" will also be drug screened for the presence of marijuana. Any hiring decision based on a background investigation will be made following an individualized assessment that is job-related and consistent with business necessity and applicable law. Employment may not begin until the Bank accepts the results of the background investigation.
• Certain eligibility rules apply. You will provide work authorization to prove your eligibility to work in the United States.
• The above statements are intended to describe the general nature, level of work and the requirements of this position. They are not intended to be an exhaustive list of all responsibilities associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
• By applying to this position, you agree you will be available to work on-site in a full-time capacity.
• Learn more about the Philly Fed and its culture. Learn more about working for the Philly Fed.

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Full Time / Part Time

Regular / Temporary

Job Exempt (Yes / No)

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Work Shift

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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