Company

Federal Reserve Bank of BostonAs an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

It is anticipated that you will work on a Hybrid basis under the Bank's "Hybrid" categorization of this role. You agree to work in the FRB Boston office and with a schedule agreed upon with your management team. The current hybrid policy is that you spend at least half of your working days over the course of each month in person (either on-site at the Bank, or on Bank business elsewhere). This arrangement will be reviewed periodically as the Bank assesses hybrid work arrangements. While working from your home office, you agree to have the appropriate office set up to support your full engagement and protection of Federal Reserve information. It is expected that you reside within the First District and remain located within the district.

Overview:

You will lead or conduct complex technical audits and other projects as a member of the Federal Reserve Bank of Boston's IT Audit Team.

Responsibilities:

• Evaluate governance, risks and controls for the Federal Reserve's IT environment, the effectiveness of IT operations, safeguarding of assets and compliance with applicable rules and regulations.
• Complete the audit program following department standards under general direction with a great degree of independence.
• Establish scope and objectives, establish assignment schedules and budgets, develop new or revise existing audit programs, and prepare concise work papers that document the audit tests and conclusions.
• Plan and assure the satisfactory completion of audit responsibilities. Oversee and review audit work performed by audit team members.
• Evaluate audit team members performance for each assignment.
• Identify and assess the impact of audit observations, make appropriate recommendations and present clear explanations of the issues with audit management and Bank leadership.
• Prepare written reports to Bank leadership at the conclusion of audits.
• Appraise the adequacy of corrective action taken to address reported audit issues.
• Help mentor new auditors and develop less experienced auditors through formal presentations or on-the job training.
• Maintain an advanced knowledge base and an awareness of activities in the most complex areas of assigned liaison coverage, analyze relevant data, and assess the impact of business and technology changes.
• Develop/maintain audit programs and risk assessments for assigned areas of liaison coverage.
• Provide audit coverage to complex system development efforts and other technology projects.
• Lead System and local audit projects having the goal of improving the effectiveness of the Audit department.
  

Qualifications:

• Knowledge and experience normally acquired through, or equivalent to, the completion of a Bachelor's degree and 5+ years of job-related experience.
• Graduate degree and professional certification (i.e., Certified Internal Auditor, Certified Public Accountant, Certified Information Systems Auditor, or Certified Information Systems Security Professional) preferred.
• Working knowledge with some of the following technologies: cloud computing, Agile development methodologies, software development, blockchain/cryptocurrency applications, cryptography, artificial intelligence/machine learning.
  

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)
• 401K match, and a fully funded pension plan
• Paid vacation and holidays; flexible work environment, healthy workflow
• Generously subsidized public transportation
• Annual tuition reimbursement
• Professional development programs, training and conferences
• And more…
  

The Federal Reserve Bank is committed to a diverse, equitable and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. All candidates must undergo an enhanced background check and comply with all applicable information handling rules.

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills 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.

For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks.

The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.

All applicants must have resided in the United States for at least three (3) years.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

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