Assists the Board of Directors with its oversight responsibilities for the Bank. Works as part of a team to, and may lead, the planning and execution of district operational, financial, project, and information technology audits. Enhances and protects organizational value by providing risk-based and objective assurance, advice, and insights in the evaluation of the effectiveness of risk management, internal control, and governance processes. Demonstrates a detailed level of knowledge of IT operations and concepts, risk assessment practices, and internal control systems for assigned areas of the Bank. Note: Individuals in this role must maintain an active and approved certification and associated continuous professional education credits annually.

Essential Accountabilities

• Develops and maintains a thorough operational understanding of at least two risk areas of the Bank and considered an expert in at least one risk area which includes: maintaining awareness of current events and emerging risks, assessing risks; establishing audit scope and objectives; and developing risk-based audit programs.

• Develops comprehensive business profiles and risk assessments for new and/or significantly reorganized areas.

• Utilizes automated tools to analyze data and complete assigned audit work.

• Determines if internal controls and processes are effective, and if leading the audit, develops the overall audit opinion.

• Prepares audit reports and communicates summary of audit findings.

• Provides counsel and follow-up to management on outstanding findings; conducts follow-up testing; updates open findings records; and recommends closing findings when conditions are addressed.

• Serves as primary 4th District representative to Federal Reserve System audit community competency centers and knowledge forums and actively engages in or leads key projects for those groups.

• Participates in Federal Reserve Bank System audit special projects or events, including Federal Reserve Bank System Center for Auditor Development training, peer reviews, and Board of Governors reviews of the Bank or other FR Banks.

• Effects changes at the Department/Bank level (e.g., continuous improvements, strategic initiatives, etc.).

• Demonstrates a proficient level of knowledge of IT operations and concepts, risk assessment practices, and internal control systems for assigned areas of the Bank.

• Performs other duties as assigned or requested.

IT AUDITOR

Education & Experience

• Bachelor's degree and a minimum of 2 years of related work experience

• Security Assurance for the Federal Reserve (SAFR) certification required (can be obtained post-employment)

• Lean Six Sigma Yellow Belt certification required (can be obtained post-employment)

• IIA IT General Controls certificate required (Note: If the auditor is a Certified Information Systems Auditor, this certificate is not required.)

IT AUDITOR ​SENIOR

Education & Experience

• Bachelor's degree and a minimum of 5 years of related work experience

• One industry recognized Audit, Banking, Information Technology/Security, or other industry certification required (can be obtained post-employment)

• Security Assurance for the Federal Reserve (SAFR) certification required (can be obtained post-employment)

• Lean Six Sigma Yellow Belt certification required (can be obtained post-employment)

• IIA IT General Controls certificate required (Note: If the auditor is a Certified Information Systems Auditor, this certificate is not required.)

Knowledge Areas – Advanced Level

• Ability to perform independent research

• Microsoft Office (Access, Excel, Outlook, PowerPoint, Word, etc.)

• Business acumen

• Audit acumen and delivery

• Governance, risk, and control

• Information technology and security

Skill Areas – Advanced Level

• Action oriented

• Collaborates

• Communicates effectively with influence

• Ensures accountability

• Values differences

• Builds relationships

• Critical thinking and judgment

• Embraces change and innovation

• Communicates with influence

• Leverages automated solutions and data analysis

• Effectively communicates through written communication, demonstrating proficiency in various aspects like grammar, vocabulary, sentence structure, and organization

Location: Cleveland, OH,

The expected starting salary range for the IT Auditor is between ​$73,400 and $91,800 annually and for the IT Auditor Senior is between $90,500 and $113,100. Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and market data.

The Cleveland Fed offers benefits to support overall health and financial security. Learn more about our benefits here:

To be considered for this role, candidates must be a U.S. citizen, permanent resident, or green card holder.

Physical Demands and General Working Conditions

This is not necessarily an exhaustive list of all responsibilities, duties, standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, the Federal Reserve Bank of Cleveland reserves the right to revise this or any job description at any time.

Full Time / Part Time

Full time

Regular / Temporary
Regular

Job Exempt (Yes / No)
Yes

Job Category
Internal Oversight & Governance Family Group

Work Shift
First (United States of America)