FEDERAL HOME LOAN BANKS OFFICE OF FINANCE Looking for Supr Internal Audit at Reston, VA, United States Full Time

Job Description

POSITION: Internal Audit Supervisor DATE: June 2022
DEPARTMENT: Internal Audit FLSA: Exempt
REPORTS TO: Senior Manager, Internal Audit LOCATION: Hybrid/Reston, VA
SUMMARY OF POSITION:
Assist the Chief Audit Executive & Internal Audit Team in the execution and planning of the Internal Audits of the operations of the Office of Finance (OF) and REFCORP, as well as the annual risk assessment, and the subsequent issuance of reports to senior management and the OF Board of Directors. Perform related assurance activities such as continuous monitoring, data analytics, issue validation, in compliance with the independence standards promulgated by the Institute of Internal Auditing. As part of the Third Line of Defense, communicate regularly with all levels of management regarding risk assessments and audit results providing credible assurance and effective challenge.
All newly hired employees at the Office of Finance will be required to present acceptable proof of vaccination confirming that they are fully vaccinated against COVID-19 prior to their commencement of employment with the Office of Finance, subject to reasonable accommodation considerations under applicable law.
PRINCIPAL RESPONSIBILITIES:

• Develop risk-based audit programs and lead and execute audits to review business and information technology functions by evaluating governance, risk management, and controls
• Prepare workpapers that document the work performed as well as the results. Lead presentations or meetings to discuss audit results or provide overview of audit processes
• Write clear, concise audit reports that communicate risk management issues and internal controls deficiencies along with providing recommendations for improving the organization’s operations, in terms of both efficient and effective performance
• Review the controls of new systems, processes and services prior to implementation
• Conduct and appropriately document special examinations and projects
• Identify and develop auditing procedures and techniques that improve audit coverage and efficiency, including mapping of industry frameworks and regulations to audit procedures
• Develop and maintain data analytics and a continuous monitoring program
• Coordinate with external auditor entities to develop direct reliance procedures on OF internal audit for the annual independent audit process
• Coordinate with multiple parties (business and external auditors) to facilitate the annual SOC 1 Type II report and/or External Audit
• Assist with the development of the annual audit risk assessment and annual audit plan
• Prepare Audit Committee materials
• Facilitate preparation for annual regulatory examinations
• Lead aspects of the Internal Audit division’s administration activities such as vendor management and information governance
• Support the OF’s diversity and inclusion strategy by following policies and procedures that promote opportunities for employees and diverse business partners

PRINCIPAL JOB REQUIREMENTS:

• A bachelor’s degree from an accredited college or university; accounting, finance, computer science or related major preferred
• A minimum of 6 to 10 years of relevant job experience through public accounting, internal auditing and/or industry experience
• Knowledge of the Standards for the Professional Practice of Internal Auditing
• Ability to build and maintain respectful relationships across the organization, listen and integrate ideas from diverse groups of individuals, collaborate with others, and resolve conflicts constructively
• Ability to proactively manage time and workload with minimal supervision
• Effective oral and written communication
• Experience implementing data analytics in the audit process
• MS Office proficiency
• Ability to develop complex MS Excel formulas and build maintain MS Access databases
• Proof of eligibility to work in the United States

PREFERRED SKILLS AND EXPERIENCE:

• Professional license or accreditation (CPA, CIA, or CISA)
• Knowledge of capital markets, including securities issuance, servicing and operations, regulation, and business practices
• Experience in a highly regulated environment and in working with regulators
• Experience in IT auditing

EQUAL EMPLOYMENT OPPORTUNITY:
The Federal Home Loan Banks Office of Finance is committed to equal employment opportunity without regard to race (including traits historically associated with race, such as hair texture, hair type and protective hairstyles), color, religion, sex, pregnancy (including childbirth, lactation, and related medical conditions), national origin or ancestry, age, physical or mental disability, veteran status, uniformed service member status, military status, sexual orientation, gender identity, status as a parent, marital status, genetic information (including testing and characteristics), citizenship status, or any other characteristic protected by applicable federal, state, or local law.