Senior Vice President, General Auditor

Company

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland’s mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payment systems while representing the Fourth District perspectives.

As part of the nation’s central bank, we are a team of mission-driven professionals who are committed to serving with excellence.

Our core values are: Build Trust Every Day, Own Our Actions, Collaborate with Intention, and Be Open to Change.

For twenty-six years in a row, we’ve been named “One of Northeast Ohio’s Best Places to Work” by North Coast 99.

This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications.

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The Senior Vice President and General Auditor is responsible for the strategic leadership and oversight of the Bank's Audit Department.

This role ensures independent evaluation of the adequacy, effectiveness, and efficiency of the Bank's system of internal controls.

The General Auditor influences the improvement of quality and performance in governance and risk management practices through planning and executing all internal audit activity for the Bank and, where interdependencies exist, with other Federal Reserve Banks.

The Senior Vice President and General Auditor is also a member of the Bank’s Executive Leadership Team (ELT) and will work with ELT peers to advance an inclusive culture and provide strategic direction and oversight of the Federal Reserve Bank of Cleveland (FRBC).

Reporting Structure


* Reports directly to the Chair of the Audit Committee of the Bank's Board of Directors


* Reports administratively to the Bank’s President


* Serves as a member of the Bank's Executive Leadership Team

Responsibilities


* Keeps Audit department aligned and focused on providing high-quality audit services to support the FRBC and Federal Reserve System (FRS).  Drives innovation and continuous improvement to audit processes.


* Oversees the development and implementation of the annual audit schedule that provides appropriate audit coverage while following System audit risk frequency guidance and considers risks or control concerns identified by the Audit Committee and management.


* Guides the Bank to improve efficiency and effectiveness in internal control, governance, and risk management processes within the District and, where there are interdependencies, with other Federal Reserve Banks, while promoting sound risk taking, effective controls, and appropriate levels of compliance.


* Through the Audit Committee, provides the Board of Directors with independent and objective assurance of the Bank's risk management, control, compliance, and governance processes.


* Works with senior management and other key partie...