RB

Risk and Controls Specialist

St. Louis, MO Full time

Company

Federal Reserve Bank of St. Louis

Federal Reserve Bank of St. Louis is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas. The St. Louis Fed’s responsibilities include promoting stable prices, economic growth and a sound financial system, providing payment services to financial institutions, supporting the U.S. Treasury's financial operations, and advancing economic education, community development and fair access to credit.
We are looking for a Risk and Controls specialist to fill an important position – one who can support the Bank by identifying risks and controls, successfully evaluating outcomes, and supporting functions within the Risk Management Consulting department. The Risk Management Consulting team provides expertise and guidance to our partners throughout the organization.
As our Risk and Controls Specialist, you will be part of a team providing 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.

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.

Qualifications

  • 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.

  • 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.

  • 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.

  • (Travel 5%)

Total Rewards

Bring your passion and expertise, and we'll provide the opportunities to challenge you and propel your growth—along with multiple benefits and perks that support your health, wealth, and life.

Salary: $79,200 - $101,000

In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:

  • 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…

At the Federal Reserve Bank of St. Louis, we are committed to a strong and resilient economy for all. We prioritize inclusion and strive to be a workplace where all employees can thrive. Learn more about Bank's culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer. #LI-Onsite

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work Shift

First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice