Company
Federal Reserve Bank of Minneapolis

The Federal Reserve Bank of Minneapolis is seeking a Business Analyst for the Auditing Standard No. 5 (AS5/COSO/SOX) function. The AS 5 team partners with and assists Bank management in assessing the effectiveness of internal controls over financial reporting (ICFR) and facilitates the AS 5 COSO/SOX program for the Bank. The Analyst will interact with management and control performers across Bank divisions.

This position requires a regular on-site presence. This position does not sponsor any type of employment visas.

Applications will be accepted through August 29, 2026.

The AS 5 business analyst's primary responsibility includes partnering with business lines to assess the design of internal controls and complete key control testing on behalf of division management.

AS 5 responsibilities:

• Understand respective division processes, risks, and internal controls.
• Evaluate the effectiveness of ICFR by conducting testing of department identified internal key controls.
• Follow Federal Reserve System and Ninth District AS 5 guidance on testing and documenting work.
• Prepare and submit testing workpapers for approval while meeting key deadlines in the AS 5 testing cycle.
• Assist or lead in preparing reports, developing presentations and providing training.
• Interact with various levels of department staff and management as appropriate.

Required Qualifications:

• Bachelor's degree and minimum of five (5) or more years of analytical and/or project management experience to include experience assessing internal controls. An equivalent combination of education and related work experience may be considered.
• Preferred: Coursework in Business Administration, Accounting, Finance, or in a related field.
• Strong critical thinking, able to voice perspectives appropriately while supporting final decisions with professionalism and commitment.
• Experience in communicating and presenting recommendations to various business lines and multiple levels of staff.
• Strong analytical skills, attention to detail, and the ability to learn and apply new concepts quickly.
• Ability to handle multiple priorities simultaneously.
• Excellent team player with the ability to work independently.
• Proficient with Microsoft Office applications (Word, Excel, PowerPoint) and Internet Explorer.
• Certification desirable (e.g., CPA, CIA, or CISA).

Additional Information:

The full salary range is for this job profile: Business Analyst III $82,100- $102,675 - $123,200. The expected starting salary range is $82,100- $102,675.

Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

• Comprehensive healthcare options (Medical, Dental, and Vision)
• 401(k) match, and a fully funded pension plan
• Paid time off and holidays
• Free public transportation passes
• Annual educational assistance
• On-site fitness facility
• Professional development programs, training and conferences
• And more...

Full Time / Part Time
Full time

Regular / Temporary
Regular

Job Exempt (Yes / No)
Yes

Job Category
Operations Family Group

Work Shift
First (United States of America)

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.

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