Job details

Audit Analyst

CompanyFederal Reserve Bank of New YorkWorking 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.This position will offer workplace flexibility e.g. working remotely or on site as needed/ desired during the week. Employees can expect to be in the office weekly as needed for meetings and team collaboration and should live within a commutable distance. The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person a couple days a week.What we do:The Audit Group assists the Federal Reserve Bank of New York's Board of Directors and senior management in the discharge of their fiduciary responsibilities by independently assessing the adequacy and effectiveness of controls within Bank. Audit also reviews significant Bank initiatives and performs consulting services within the guidance of the Internal Audit profession. It adds value by providing objective analyses, comment, and recommendations through a risk-based auditing approach.The Audit Group has an opening for an Audit Analyst. You will understand financial and operational auditing concepts and working knowledge of technology concepts.Your role as Audit Analyst:You will participate in audits reporting to an Audit Manager or Lead Auditor.• Work on financial/operational audits, technology audits and project reviews to evaluate risks and related controls• Stay informed of changes within the Bank and share perspectives relating to risk identification and mitigation• Communicate results to Audit and client area management, and perform follow-up reviews to ensure that appropriate corrective actions have been implementedWhat we are looking for:• Understanding of and/or experience in an audit or risk role assessing the adequacy of technology, financial and operational controls• Ability to achieve at least one of the following in 18 months• Certified Internal Auditor (CIA)• Certified Information Systems Auditor (CISA)• Certified Public Accountant (CPA)• Equivalent certifications• Knowledge and/or experience in performing audits of technology projects and programs is desirable• Ability to multitask with strong attention to detail• Strong communication skills with comfort in speaking with business stakeholdersSalary Range: $78000 - $86000 / year We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.  Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.  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 • And more The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.  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, pregnancy, or military service.  We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help. Please note, this is a dedicated e-mail box designed exclusively to assist applications with accommodation requests in relation to our recruiting process. All other inquires including the status of applications will not receive a response from this e-mail box.   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. This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C.• 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.  Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)NoJob CategoryInternal Oversight & GovernanceWork ShiftFirst (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.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.Privacy Notice

Average salary estimate

$82000 / YEARLY (est.)

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$78000K

$86000K

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What You Should Know About Audit Analyst, Federal Reserve Bank of New York

Are you ready to dive into the world of finance and risk management? The Federal Reserve Bank of New York is looking for an enthusiastic Audit Analyst to join their team! This role is all about working closely with diverse professionals in evaluating financial and operational controls, making a meaningful impact on the safety and soundness of economic systems. As an Audit Analyst, you'll be involved in conducting audits and reporting your findings to experienced Audit Managers or Lead Auditors. You’ll have the chance to engage in various types of audits—financial, operational, and technology-based—as you get to understand the intricacies of risk assessment. What’s really exciting about this opportunity is the balance of office work and remote flexibility, allowing you to connect in person while also enjoying a work-life balance. To thrive in this role, an understanding of auditing principles and a proactive approach in identifying risks are key. Certifications such as CIA, CISA, or CPA would be a huge plus, so if you’re someone who thrives in a collaborative environment with strong attention to detail, this could be your next adventure! Your insights will help shape the financial landscape while you embark on a rewarding career path full of opportunities for growth and development. The Federal Reserve Bank of New York not only values your expertise but also offers a robust benefits package to support you both personally and professionally. Come be a part of something larger and make your mark within the financial sector!

Frequently Asked Questions (FAQs) for Audit Analyst Role at Federal Reserve Bank of New York

What responsibilities does an Audit Analyst have at the Federal Reserve Bank of New York?

An Audit Analyst at the Federal Reserve Bank of New York is responsible for participating in audits by evaluating financial, operational, and technology controls. This includes reporting audit findings to management, assessing risks, and making recommendations for improvements. You'll stay updated on changes within the Bank and perform follow-up reviews to ensure corrective actions have been implemented effectively.