Job Function
• Interview business unit staff and review relevant documentation to identify significant process risks and organizational governance issues.
• With assistance develop auditing procedures which identify risks and ensure appropriate level of review for business unit control activities.
• With assistance document audit findings; Analyze and execute process improvement recommendations and performing initial preparation of audit reports.
• With assistance develop root cause observations, and present feasible recommendations to management addressing operational concerns and opportunities for improvement.
• Develop professional relationship with auditee.
• Contribute to the departmental Continuous Monitoring weekly efforts.
• Perform special projects as assigned.
• Develop and maintain a good knowledge of the Federal Housing Finance Agency Regulations and Bank standards.
Education
Bachelor of Science degree (in accounting, finance or management) required.
Experience
2 to 3 years of audit experience (internal or external).
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 $100,000 to $115,000
The Federal Home Loan Bank of New York is committed to recruit, hire, develop, motivate, promote, retain, and compensate all applicants and employees in a nondiscriminatory manner without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a parent, disability, genetic information, military or veteran status, or any other characteristic protected by applicable law (including title VII of the Civil Rights Act of 1964).
Top 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.
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