Senior Auditor/ Auditor

Company

Federal Reserve Bank of Philadelphia

The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System.

It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government.

The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.

The job description below reflects the higher level of a dual grade job posting.  Candidates who possess a slightly lower level of experience, education, or qualifications may also be considered.

What you will Do:


* Participate as an assistant in engagements with direction and oversight from the AIC and management.


* Will be assigned the AIC role for low to moderate risk local audits or less complex to moderately complex System audits from planning, through fieldwork and reporting with oversight from management.

High level responsibilities include : developing a risk-based audit approach and plan, completing process walkthroughs, providing technical assistance to engagement teams; interpret System, Bank, and regulatory standards, evaluating signs of fraud, reviewing the work of assistants, communicating with multiple levels of Bank management, preparing audit/engagement reports,  supervising and reviewing the work of auditors who may be of a higher grade level, and providing feedback and completing audit evaluations.


* Conduct liaison activities to stay up to date with changing risks associated with departments.

 


* Participate in accomplishing the department's goals and quality assurance projects by being a team member. 


* Identify, analyze, evaluate and documents sufficient information to achieve specific assignment goals.


* Represent the Audit department on System and Bank workgroups contributing to specific deliverables based on assignments.

Participate in local and System training.

Overarching responsibilities:


* Comply with the International Standards for the Professional Practice of Internal Auditing and The Institute of Internal Auditors Code of Ethics.


* Comply with all other relevant department, Bank, and System policies and requirements.


* Identifies other responsibilities 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 department management, auditees, and external parties.


* Fulfill job responsibilities in conformance with sound safety practices.


* Performs other related duties as assigned.

What you have:

Knowledge:


* Experience over internal controls and auditing techniques, The Institute of Internal Auditors International Professional Practices Framework, and business operations.


* ...