IT SOX Testing Specialist

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

New York, NY, USA
Posted on Thursday, March 21, 2024


Federal Reserve Bank of New YorkWorking at the Federal Reserve Bank of New York positions you at the center of the financial world with a unique perspective on national and international markets and economies. You will work in an environment with a diverse group of experienced professionals to foster and support the safety, soundness, and vitality of our economic and financial systems.

The Bank believes in work flexibility to balance the demands of work and life while also connecting and collaborating with our colleagues in person. Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration and should live within a commutable distance.

What we do:

Oversight and Business Operations serves as the Technology Group (TG) Chief Operating Office (COO) and center of governance, managing the core daily operations and overseeing critical technology related processes such as compliance with the Product Development Lifecycle (PDLC). It oversees technology risk and compliance efforts, vendor management, and communications, among other core areas that underpin TG’s success. Their guiding principle is to run the business of the TG efficiently and effectively.

Your role as an IT SOX Testing Specialist:

  • The Senior SOX IT Auditor will execute IT focused audits for the Markets Groups.

  • Assist with OSX IT efforts including understanding and evaluating IT processes, risks, and controls, and executing ITGC testing.

  • Execute IT audit testing and SOX IT General Controls testing, and document test work performed, root cause analysis, summarize test results, and conclusion within workpapers.

  • Assist with evaluation of IT related risks and processes across various areas of the bank as needed.

  • Support technology compliance risk assessments and issue and response management monitoring.

  • Perform independent application-level control testing and report results to appropriate stakeholders.

  • Build subject matter expertise in Technology Group services, core Banking services, FRS partner organizations services, and other external organization services with an impact to the Bank.

  • Build strong relationships with technology subject matter experts within TG, core Bank groups, and other FRS partner organizations.

What we are looking for:

  • Strong knowledge of Sarbanes Oxley (SOX) compliance requirements.

  • Experience in auditing IT SOX controls.

  • Solid understanding of the following: knowledge of a variety of IT network platforms (distributed, cloud, mobile) and data platforms.

  • Proven track record for influencing stakeholders, driving buy-in and consensus, and developing effective cross-team communication.

  • Strong ability to plan and conduct all phases of information technology examination independently or as a team member.

  • CPA, or CIA certifications preferred.

Salary Range: $148000 - 200000 / year

We believe in transparency at the NY Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you’re stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions.

Our Touchstone Behaviors—Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership—help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more.


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

  • Fully paid Pension plan and 401k with Generous Match

  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)

  • Subsidized Public Transportation Program

  • Tuition Assistance Program

  • Onsite Fitness & Wellness Center

  • And more

The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules.

The Federal Reserve Bank of New York is committed to a diverse workforce and to providing equal employment opportunity to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, pregnancy, or military service.

We value accessibility for all candidates and are happy to provide an accommodation or assistance. Please email us at ny.leaves@ny.frb.org and we’ll be glad to help.

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change.

This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a lawful permanent resident and thereafter a U.S. citizen when eligible.

In addition, all candidates must undergo an enhanced background check, comply with all applicable information handling rules, and will be tested for all controlled substances prohibited by federal law, to include marijuana

Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category

Risk Management

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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