Full-Time

Audit Analyst

Posted on 12/4/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$78k - $86kAnnually

Junior, Mid

No H1B Sponsorship

New York, NY, USA

US Citizenship Required

Category
Auditing
Accounting

You match the following The Federal Reserve System's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Understanding of and/or experience in an audit or risk role assessing the adequacy of technology, financial and operational controls
  • Ability to achieve at least one of the following in 18 months: Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Public Accountant (CPA), or equivalent certifications
  • Ability to multitask with strong attention to detail
  • Strong communication skills with comfort in speaking with business stakeholders
Responsibilities
  • Participate in audits reporting to an Audit Manager or Lead Auditor
  • Work on financial/operational audits, technology audits and project reviews to evaluate risks and related controls
  • Stay informed of changes within the Bank and share perspectives relating to risk identification and mitigation
  • Communicate results to Audit and client area management, and perform follow-up reviews to ensure that appropriate corrective actions have been implemented
Desired Qualifications
  • Knowledge and/or experience in performing audits of technology projects and programs is desirable
The Federal Reserve System

The Federal Reserve System

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The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. It also provides essential financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and maintain a stable financial system, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased focus on digital currency enhances regulatory capabilities.
  • Interest on Excess Reserves aids in effective interest rate management.
  • FedNow system modernizes U.S. payment infrastructure, improving efficiency.

What critics are saying

  • Litigation challenges the Fed's stress-testing framework.
  • Leadership gaps may affect oversight on crypto regulations.
  • Slow FedNow adoption could hinder payment infrastructure modernization.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It plays a crucial role in formulating national monetary policy.
  • The Fed supervises and regulates banks and bank holding companies.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Pet Insurance

Wellness Program

INACTIVE