Technology Business Risk and Control Associate

Company

Federal Reserve Bank of New York

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.  

 

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person.

Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance. 

What we do: 

The Technology Risk and Compliance (TRC) team resides within the Oversight and Business Operations (OBO) function within the Chief Operating Office (COO) of the Technology Group (TG).TRC is part of the first line of defense for the Bank and is responsible for supporting the Technology Group in managing technology risks for the Bank.

The role will work with a dynamic team environment and play an important role in supporting the Federal Reserve carry out its responsibilities.

The Technology Business Risk and Controls Associate will be responsible for performing first line risk management responsibilities such as but not limited to risk identification and monitoring, performing risk assessments, issue management, and metrics reporting.

The TRC team works closely with team members within the Technology Group, other first line risk functions, Information Security, National IT, and the Risk Group.

Technology Risk Associate will report directly to the Technology Business Risk and Control Manager.

Your role as Technology Business Risk and Control Associate:


* Consult and serve as an initial contact and subject matter expert in relation to the Bank’s information technology risks


* Demonstrated and well versed in technology risk practices with the ability to connect and align with the bank’s technology risk management processes and framework (such as COSO, COBIT, ITIL, NIST etc.)


* Demonstrated experience in identifying, analyzing and managing root cause and impacts of technology risk events and events in collaboration with business and technology subject matter experts


* Support development of risk and control self-assessments


* Analyses information to identify risks, controls, and process improvements opportunities as well as effective mitigation strategies or risk awareness


* Identify, measure, and monitor and report on information technology risks to various stakeholders

What we are looking for:


* Bachelor’s degree or equivalent experience


* Relevant working experience in risk management, testing, or auditing


* Extensive knowledge of technology risk management processes and controls, industry practices, and frameworks


* Strong ability to plan and conduct all phases of...