Oversight Analyst, Reserve Bank Enterprise Risk and Assurance - RBOPS
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About The Position
The Oversight Analyst position at the Reserve Bank Enterprise Risk and Assurance involves working under limited supervision to provide oversight of internal audit, business continuity, and enterprise risk management functions within the Federal Reserve System. The role requires the analyst to perform assigned project tasks while demonstrating increased mastery in their areas of expertise, potentially leading projects and reviews. Analysts are expected to share information and ideas regarding their projects with their Project Team, Section, Division, or external stakeholders, and may represent their Section or Division on group projects or task forces. They will also prepare and deliver communications, including presentations and recommendations, to others in the Section/Division and/or to external stakeholders. In this role, the Oversight Analyst will conduct routine financial, strategic, and operational risk analyses to support the Division's function of coordinating oversight of the Federal Reserve Banks. This includes participating in multidisciplinary and on-site assessments of the Reserve Banks and System functions, as well as assisting in the implementation of the Division's off-site monitoring and risk assessment programs. The position encompasses various responsibilities, including data analysis, examination and supervision, policy interpretation, and risk management. Analysts will produce visual data representations, identify relevant issues and trends, and draw conclusions from both quantitative and qualitative data. They will also participate in examinations and reviews, support supervision and oversight policies, and draft policy recommendations based on sound analysis. The Enterprise Risk and Assurance team plays a crucial role in enhancing the quality of Reserve Bank oversight by planning, coordinating, and directing oversight programs, evaluating the effectiveness of internal audit, enterprise risk management, and business continuity functions, and leading evaluation and examination letter projects. This section is responsible for communicating the results of oversight activities to the Board and System stakeholders. The position requires a minimum in-office presence of 6 days a month, emphasizing the importance of collaboration and communication within the team and with external stakeholders.
