Company

Federal Reserve Bank of St. LouisThe St Louis Fed 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 Management Specialist to fill an important position – who can support departments across the Bank by identifying risks, evaluating controls, and recommending process enhancements. The Risk Management Consulting team provides expertise and guidance to our partners throughout the organization to help identify and assess risks while adding value to the Bank. As our Risk Management Specialist, you will be part of a team to provide support to the department's main functions: Bank-wide Strategic Planning and Performance Monitoring, Enterprise Risk Management, Risk Event Reporting, Business Continuity, Sarbanes-Oxley (SOX)/COSO, and Data Privacy.

Responsibilities

• Identify, evaluate, mitigate, monitor, and report risks to the Bank's strategy, projects, and ongoing operations. Artifacts include items such as a risk management framework, department risk assessments, and top risk reporting to senior management and the Board of Directors. Also, participate in the Bank's cross-divisional Enterprise Risk Management Advisory Committee and various risk information sharing groups.

• Aggregate and report Bank-wide risk-related information to provide a comprehensive view to senior management and the Board of Directors strengthening leadership decisions.

• Support business areas in maintaining their Business Continuity Plans and Business Impact Analysis, help coordinate Business Resumption Tests and various readiness event exercises and provide reporting to senior management.

• Support the Business Continuity function with use of new technologies, maintaining records, and creating various reporting.

• Assist in the annual SOX/COSO process with in-scope departments, central service providers, and the Bank's external auditor, including the review of department risk, control, and testing documentation. Assist in the Bank's annual external audit process and the relationship with the Bank's external auditor.

• Support various projects to create efficiencies for the department, expand services offered to business partners, and/or improve Risk Management Consulting’s capabilities.

• Maintain knowledge of department processes and excellent working relationships with Bank management and staff, Internal Audit, and the Bank's external auditor.

• Work with System-level workgroups 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 years of experience assessing risks and controls.

• 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, Certified Business Continuity Professional, etc.

• Willingness to stretch into new areas of learning across the multiple functions within Risk Management Consulting.

• Strong analytical, collaborative, problem-solving, and strategic thinking skills.

• Candidates with less experience may be considered at a lower job grade or salary.

• 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: $76,900 - $88,290 annual.

Position: Hybrid/On-site minimum 3 days per week.

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 & Holidays

• Flexible Spending Accounts and Healthcare Spending Accounts

• Flexible Work Schedule available in most departments

• 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 & Coffee Shop

• Additional Convenience Benefits, Discounts and More…

At the Federal Reserve Bank of St. Louis, we believe the Federal Reserve most effectively serves the American public by building a more diverse and inclusive economy. Our commitment to diversity and inclusion, at all levels of the organization, has been one of our core values for many years and remains strong as we continue enhancing our efforts. Learn more about Bank’s culture.

The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Other

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

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