Compliance & Risk Analyst II

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

IT, Legal
Dallas, TX, USA
Posted on Thursday, August 31, 2023


Federal Reserve Bank of DallasWe are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: #LI-Hybrid

About the Role:

The Bank’s Strategic Risk Management team currently has an opening for a Compliance & Risk Analyst II. You will be responsible for helping advance the enterprise risk management program in support of effectively managing risks in the organization as well as maintaining compliance with internal controls over financial reporting. The Compliance & Risk analyst will also monitor and report on risks within the business lines and at an enterprise level, and assist the internal controls team in testing the operating effectiveness of internal controls over financial reporting.

You Will:

  • Create reports and/or dashboards to track top enterprise risks, departmental risk assessments as well as manage data within a Governance, Risk & Compliance (GRC) application.
  • Design and deliver educational training or other materials in support of enhancing risk awareness and understanding across the three lines of defense.
  • Assist in the development and facilitation of enterprise and departmental risk and fraud assessments, analyzing the results of the assessments, and tracking and reporting on progress of risk mitigation plans.
  • Monitor and report on risk events within the organization as well as the System in order to ensure proper controls are established to mitigate the impacts to the organization as well as analyze themes identified to inform upper management.
  • Assist the Chair of the Risk Management Committee in managing monthly meetings by setting agenda topics, gathering materials, and reporting meeting minutes.
  • Support the planning, execution and completion of management testing for Sarbanes-Oxley/COSO and other compliance related programs.
  • Assist the external auditor throughout the audit process, which may include performing ad hoc internal control testing or other special projects.
  • Participate in System workgroups and activities.
  • Assist in ad-hoc related tasks.

You Have:

  • Bachelor’s degree in Accounting, Finance, Risk Management, Audit, or related field is preferred.
  • Three years of relevant professional experience evaluating organizational or strategic risk, performing management testing or audit field work relating to financial and technology controls.
  • Professional certification such as Certified Fraud Examiner (CFE), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP), Certified Sarbanes-Oxley Professional (CSOX/CSOXP), or Enterprise Risk Management Certified Professional (ERMCP), Chartered Enterprise Risk Analyst (CERA) or equivalent is preferred.
  • Specific knowledge of risk management frameworks (i.e. COSO), corporate governance, process improvement, and/or project management.
  • Understanding of evolving business environments and how changes impact risks and controls.
  • Understanding in control or mitigation options to manage specific risks.
  • Experience effectively preparing, conducting, participating in and following up on business meetings.
  • Experience with researching topics and gathering data.
  • Must be highly organized, detail-oriented and able to quickly learn new concepts.
  • Must be action-oriented and have demonstrated initiative in completing and
    taking on new assignments.
  • Knowledge and ability to use and administer company technology practices, standards and procedures.
  • Experience with creating and/or maintaining electronic collaboration resources is a plus.
  • Equivalent education and/or experience may be substituted for any of the above requirements.

Our Benefits:

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

  • Comprehensive healthcare options (Medical, Dental, and Vision)
  • 401K match, and a fully funded pension plan
  • Paid vacation, holidays, and volunteer hours; flexible work environment
  • Generously subsidized public transportation and free parking
  • Annual tuition reimbursement
  • Professional development programs, training and conferences
  • And more…


This position may be filled at various levels based on candidate's qualifications as determined by the department.

This role allows for the employee to work in a hybrid manner with some work conducted onsite at the Federal Reserve work location and some work conducted remotely. Specific schedule details will be discussed during the recruitment process.

In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer that believes in the diversity of our people, ideas and experiences, and we are committed to building an inclusive culture that represents the communities we serve.

If you need assistance or an accommodation due to a disability, please notify your Talent Acquisition Consultant.

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category

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.

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