Risk and Controls Specialist

Federal Reserve Bank of Philadelphia • Saint Louis, MO

1d • Onsite

About The Position

The Federal Reserve Bank of St. Louis is seeking a Risk and Controls Specialist to support the Bank by identifying risks and controls, evaluating outcomes, and supporting functions within the Risk Management Consulting department. This role will provide 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. The Risk Management Consulting team provides expertise and guidance to partners throughout the organization.

Requirements

• 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.
• Strong analytical, collaborative, problem-solving, and strategic thinking skills with an ability to prioritize, organize, and work with diverse skills of teams.
• Self-organizing and motivated with a bias towards action and willingness to support a team atmosphere.

Nice To Haves

• Certifications relating to risks and controls or experience with risk management or business continuity, auditing, SOX/COSO, or accounting preferred. Examples include Certified Public Accountant, Certified Internal Auditor, Certified Information Systems Auditor, etc.
• Willingness to stretch into new areas of learning across the multiple functions within Risk Management Consulting and across the division.

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.

Benefits

• Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
• 401k/Thrift Plan with generous employer match
• Employer-funded Pension Plan
• Paid Vacation/Sick Time and Holidays
• Flexible Spending Accounts and Healthcare Spending Accounts
• Life Insurance and Long Term Disability Insurance
• Tuition Reimbursement (undergraduate and graduate)
• Parental Leave
• Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities
• Onsite Cafeteria and Coffee Shop
• Additional Convenience Benefits, Discounts and More…

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level