Company

Federal Reserve Bank of San FranciscoWe are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. We are a community-engaged bank, and are committed to understanding and serving the vibrant, expansive communities of the Twelfth District. That means we seek and appreciate new perspectives. We respect people for what they do and for who they are. We build opportunities to learn and grow. When you join the SF Fed, you become part of a diverse team united in its purpose to promote an economy that works for everyone.

The SF Fed’s Supervision + Credit (S+C) Group is responsible for the supervision and regulation of state member banks, bank holding companies, savings and loan holding companies, financial holding companies, data service providers, trust companies, and foreign banking organizations that operate in the 12th District. Supervised institutions are in all states of our District, and range in size and complexity from small community organizations to some of the largest banking organizations in the country. Right now, our team is looking for a Senior Business Analyst – Quality Assurance and Compliance. The incumbent will lead our local supervision information security compliance program while supporting other S+C risk and compliance efforts that align with the quality assurance (QA), enterprise risk management (ERM) and business continuity programs.

Essential Responsibilities:

• Ensures early detection of risks and an appropriate response strategy for the supervision information security compliance program.
• Maintain policies and procedures for the information security program to ensure effective execution of program requirements including incident reporting and risk assessments.
• Evaluate emerging trends and opportunities for the information security compliance program through various reporting and metrics.
• Design and conduct training and awareness for the information compliance security program.
• Provide periodic updates on the information security compliance program to various stakeholders.
• Conduct investigative reviews of reported security incidents and draft conclusions for incident reporting, testing exercises, and risk events.
• Support the completion of ongoing enterprise risk processes and reporting activities (for example, risk identification, risk monitoring, and risk reporting) on behalf of the Group and in coordination with the executive team.
• Participate in the annual QA risk assessment and review planning process.
• Participate in quality assurance (QA) reviews including assessing the adequacy and quality of examination work products, processes, internal controls, and compliance requirements.
• Produce executive summaries and communicate results (verbally and written), including conclusions related to the quality, risk, and compliance performance of QA review areas.

Requirements:

• A minimum of 8+ years of relevant experience in banking, financial industry, or banking supervision; or an equivalent combination of education and experience.
• Bachelor’s degree in business, economics, finance, accounting, or a related field is preferred.
• Advanced written and verbal communication skills, including ability to effectively communicate complex/sensitive issues and write reports that are concise, cohesive and persuasive.
• Demonstrated knowledge of operational and business concepts and risk assessment practices
• Strong knowledge of internal control systems applicable to Bank operations and functions
• Strong analytical/critical thinking skill and ability to apply sound judgment when making decisions related to businesses of moderate to moderately high complexity
• Demonstrates the ability to assimilate new information quickly, handle new problem situations, and manage a variety of responsibilities simultaneously
• Demonstrates the ability to flowchart operational processes, identify key control points, and develop applicable audit procedures
• Knowledge of information security practices, which involves the processes and tools used to protect sensitive data from unauthorized access, modification, disclosure, disruption, or destruction, encompassing both digital and physical information
• Knowledge of internal controls and Enterprise Risk Management (ERM) risk assessment frameworks
• Proficient in the use of Microsoft Word, Excel, PowerPoint, Visio, and other computer-assisted auditing software product
• Strong interpersonal skills; demonstrates ability to establish collaborative team and client relationships

Ability to travel up to 25%.

This position requires access to confidential supervisory information, which is limited to “Protected Individuals.” Protected Individuals include, but are not limited to, U.S. citizens and U.S. nationals, U.S. permanent residents who are not yet eligible to apply for naturalization, and U.S. permanent residents who have applied for naturalization within six months of being eligible to do so or who will sign a declaration of intent to apply for naturalization before they begin employment.

Base Salary Range: Min: $100,300 Mid: $130,400 Max: $160,300 (Location: San Francisco)

Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and alignment with geographic and other market data.

Benefits:

We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pre-Tax Day Care Flexible Spending Account, Paid Family Care Leave, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and Retirement/Pension.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment.

The SF Fed is an Equal Opportunity Employer.

The Bank's ethics rules generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. Employees in the S+C group also must ensure there are no conflicts of interest related to their previous employment and current financial interests. S+C employees may be subject to borrowing and deposit restrictions and may need to recuse themselves from certain supervisory work. Please review Section 5.3 and Appendix B of the Bank’s Code of Conduct to ensure compliance with the Code of Conduct conflict of interest rules and personal investment restrictions.

Due to the nature of access to sensitive information all final offers are subject to the clearance of an enhanced background check. This enhanced screening will require the following items: academic and employment verifications, FBI fingerprint check (criminal and civil cases), credit check, family history, residential records and foreign travel for the previous 7 years, citizenship verification, reference checks, and personal interview with an investigator and can take between 21 – 60 days to clear.

#LI-Hybrid

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Information Technology

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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