Associate Auditor

Company

Federal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation.

You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.

The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

Our mission is accomplished through our Bank's values: community, innovation, integrity, trust, leadership, and excellence.

A leading internal candidate has been identified for this role, however we encourage applications to gauge future interest in the Audit department.

This position is responsible for assisting in the performance of less complex audits and other projects.

Principal Accountabilities:


* Assist in the evaluation of governance and risks and the determination of the effectiveness of controls regarding the reliability and integrity of financial and operational information, the effectiveness and efficiency of operations, safeguarding of assets and compliance with applicable rules and regulations.


* Assist in the execution of the approved System and local audit program in accordance with established policies and standards under direct supervision.


* Prepare clear and concise work papers that document the audit tests performed and the conclusions drawn.


* Review, verify and analyze transactions, records, reports and procedures for accuracy and effectiveness.


* Identify and assess the impact of audit exceptions, make appropriate recommendations and present clear and convincing explanations of the issues with audit management and operating personnel.


* Assist in appraising the adequacy of corrective action taken to address reported audit exceptions as necessary.


* Obtain and maintain a general knowledge base and an awareness of activities in less-complex areas of assigned liaison coverage, review and analyze pertinent data, and assess the impact of changes.


* Develop/maintain audit programs and risk assessments for assigned areas of liaison coverage.

Provide audit coverage to less-complex system development efforts and other projects.

Other Accountabilities


* Perform other duties as assigned.

Supervision


* This position is not required to directly supervise others.

Knowledge and Experience


* Knowledge and experience normally acquired through, or equivalent to, the completion of a Bachelor's degree.


* Expresses ability to think critically and analyze data from a variety of sources.


* Exhibits strong communication skills including strong verbal and writing skills.


* Knowledge of Microsoft Office and othe...