Risk and Controls Specialist

Company

Federal Reserve Bank of St.

Louis

Federal Reserve Bank of St.

Louis is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas.

The St.

Louis Fed’s responsibilities include promoting stable prices, economic growth and a sound financial system, providing payment services to financial institutions, supporting the U.S.

Treasury's financial operations, and advancing economic education, community development and fair access to credit.
We are looking for a Risk and Controls specialist to fill an important position – one who can support the Bank by identifying risks and controls, successfully evaluating outcomes, and supporting functions within the Risk Management Consulting department.

The Risk Management Consulting team provides expertise and guidance to our partners throughout the organization.
As our Risk and Controls Specialist, you will be part of a team providing direct support to areas overseeing The Bank’ internal control (Sarbanes-Oxley/SOX) program, Data Privacy program, and supporting key functions within the department such as Enterprise Risk Management and Business Continuity.

Responsibilities


* Support efforts to ensure successful SOX and Data Privacy planning and coordination across the Bank, ensuring alignment with FRS System-level guidelines and deadlines


* Identify and assess business areas requiring expanded SOX and functions requiring data privacy assessments based on quantitative and qualitative criteria


* Provide consultative services, training and support to business area management on internal control documentation, data privacy reviews, and testing


* Prepare SOX and Data Privacy documentation across business areas and support creation of executive summaries for the Bank's President, First VP, and CFO prior to year-end assertions


* Liaise with external auditors and data privacy key contacts to ensure timely and complete information exchange for audit reviews and data privacy communications


* Support various projects to create efficiencies for the department and division, expand services offered to business partners, and/or improve Risk Management Consulting’s capabilities.


* Cross-train and support other core activities of Risk Management Consulting including Enterprise Risk Management and Business Continuity.


* Maintain excellent working relationships with Bank management and staff, Internal Audit, and the Bank's external auditor.


* Participation with FRS System-level work groups and peer groups to enhance overall risk processes and reporting.

Qualifications


* Bachelor's degree in business administration, accounting, or similar field of study or commensurate experience.


* 3-5+ years of experience in areas of controls, privacy, risk, and/or compliance.


* Certifications relating to risks and controls or experience with risk management or business continuity, auditing, SOX/COSO, or a...