Perform financial audits for the Bank including developing risk-based audit procedures, reviewing and analyzing evidence, documenting work processes and identifying and defining audit issues. Working both independently and as a member of a team to assist with timely completion of the audit plan.
- Interact with management and key personnel to build/maintain ongoing business relationships.
- Drive the continuous improvement of audit methodologies, audit approach and related practices with particular emphasis on leveraging analytics and automation.
- Assists with enhancing the internal audit standards, processes, templates and audit techniques to increase overall efficiency and quality of internal audit delivery.
- Coordinate with the IT Audit, Data Analytics Officer, and staff to improve data analysis and analytics.
- Interview business unit staff and review relevant documentation to identify significant process risks and organizational governance issues.
- Develop auditing procedures which identify risks and ensure appropriate level of review for business unit control activities.
- Document audit findings; analyze and execute process improvement recommendations and performing initial preparation of audit reports.
- Develop root cause observations, and present feasible recommendations to management addressing control gaps and opportunities for improvement.
- Contribute to the departmental Continuous Monitoring efforts.
- For purposes of this position description, it is an essential function of this job for the employee to be present in the employee’s Bank-designated office in order to conduct in-person collaborative work to help foster the delivery of high-quality work, subject to the requirements of the Bank’s leave policies.
Salary Range: $160,000 - $175,000.
Skills:
What We Do
The Federal Home Loan Bank of New York (FHLBNY) is a privately-owned wholesale bank that helps community lenders in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands advance housing and community growth. The FHLBNY membership is comprised of commercial banks, savings banks, savings and loans, credit unions, insurance companies and community development financial institutions.
The FHLBNY is part of the Congressionally-chartered, nationwide Federal Home Loan Bank System, which was created in 1932 to provide a flexible liquidity source for member community lenders engaged in home mortgage and neighborhood lending. The mission of the FHLBNY is to advance housing opportunity and local community development by maximizing the capacity of community-based member lenders to serve their markets.
Since the FHLBNY is a secured lender, all of its credit products require real estate related collateral. The FHLBNY enables local lenders to extend affordable credit to their communities. Thanks to the Federal Home Loan Bank System, communities across the country have access to more affordable housing, small business, and community development programs.
