Senior Vice President, General Auditor jobs in United States
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Federal Reserve Bank of San Francisco · 6 hours ago

Senior Vice President, General Auditor

Federal Reserve Bank of Cleveland is committed to fostering the stability and integrity of the nation’s monetary and financial systems. The Senior Vice President and General Auditor is responsible for the strategic leadership and oversight of the Bank's Audit Department, ensuring independent evaluation of internal controls and improving governance and risk management practices.

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Responsibilities

Keeps Audit department aligned and focused on providing high-quality audit services to support the FRBC and Federal Reserve System (FRS). Drives innovation and continuous improvement to audit processes
Oversees the development and implementation of the annual audit schedule that provides appropriate audit coverage while following System audit risk frequency guidance and considers risks or control concerns identified by the Audit Committee and management
Guides the Bank to improve efficiency and effectiveness in internal control, governance, and risk management processes within the District and, where there are interdependencies, with other Federal Reserve Banks, while promoting sound risk taking, effective controls, and appropriate levels of compliance
Through the Audit Committee, provides the Board of Directors with independent and objective assurance of the Bank's risk management, control, compliance, and governance processes
Works with senior management and other key parties, including the Audit Committee/Board of Directors, external auditor, and the Board of Governors to maintain understanding and high level of communication regarding the execution and ongoing management of the internal audit strategy, including sensitive control issues, emerging risks and fraud prevention
Fosters the development of audit professionals and future leaders of the department and the Bank; ensures that key talent has the needed capabilities and adaptability to meet continually evolving demands and expectations; identifies and develops the skills needed to be a valued advisor at all levels of the FRS audit community
Provides independent audit assurance and advisory services to assist Bank senior management in achieving its goals and objectives within the FRBC’s risk appetite
Participates in the Conference of General Auditors, and other System committees/ workgroups that align with key audit responsibilities. Represents the Bank and may assume leadership positions at the Federal Reserve System level, including developing, recommending and implementing significant audit related System initiatives
Ensures that audit activities conform to the Global Internal Audit Standards and established audit procedures
Leads coordination of activities with external review groups including external auditors, Board of Governors staff, Government Accountability Office, U.S. Treasury, and others
Oversees department budget development and presents to the Audit Committee for approval
Exhibits utmost integrity and the ability to ensure the confidentiality of highly sensitive information

Qualification

Audit programsCertified Public Accountant (CPA)Certified Internal Auditor (CIA)Leadership experienceGlobal Internal Audit StandardsCOSO FrameworkNIST Cybersecurity FrameworkAnalytical skillsCoachingDevelopmentCollaboration skills

Required

Bachelor's degree in business administration, finance, accounting, computer science, or equivalent field required
Fifteen years or more of related work experience with at least ten years of demonstrated leadership experience in leading or sponsoring large, successful audit and/or compliance programs
Understanding of the Global Internal Audit Standards and leading internal audit practices
Track record of successful leadership with a commitment to operational excellence and proven execution and delivery, achieving exemplary results, including high-quality, risk-focused, and relevant audit services that respond to emerging and changing risks adeptly and flexibly
Proven ability to positively coach, lead, and develop others to achieve their professional best
Executive level business acumen and a demonstrated critical thinker with the analytical skills necessary to evaluate the costs, risks, and benefits associated with alternative actions before making recommendations
Strong collaboration skills and an interest in ensuring strong cross functional and enterprise-wide relationships with an ability to partner effectively with others in the pursuit of common goals

Preferred

Certification preferred: Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Certified Information Systems Auditor (CISA)
Knowledge of the Federal Reserve System, industry control frameworks such as COSO Enterprise Risk Management Framework and NIST Cybersecurity Framework, is desired

Company

Federal Reserve Bank of San Francisco

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We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans.

Funding

Current Stage
Late Stage

Leadership Team

M
Mary C. Daly
Founder, President & Chief Executive Officer
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Nargiza Mashuri
Head of Customer Engagement
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