Senior Vice President and General Auditor (Finance)

Company

Federal Reserve Bank of Dallas

The Federal Reserve Bank of Dallas (Dallas Fed or Bank) promotes a strong financial system and healthy economy in the Eleventh Federal Reserve District, which includes Texas, northern Louisiana, and southern New Mexico. Through our offices in Dallas, El Paso, Houston, and San Antonio, and our team of 1,300 employees, we work for and with the people of our district to build a strong economy together. The Dallas Fed works within the Federal Reserve System and with other public and private sector institutions to foster the safety, soundness, and vitality of the United States economy and financial system.

We are one of 12 Reserve Banks that, along with the Board of Governors in Washington, D.C., constitute the nation's central bank. We are part of the Federal Reserve System, which was established by Congress in 1913. Our mission is to serve the interests of the American public by informing and influencing our nation's monetary policy, fostering financial stability, and delivering quality services to the United States government and the financial institutions in our region.

Our responsibilities are wide-ranging. We conduct economic research and gather perspectives from our region to bring to national conversations about monetary policy. We work with government, financial industry, and the community to ensure our banking system is safe, accessible, and secure. We help maintain a reliable supply of cash and support digital payment. We work with community partners to ensure that all people in our district have opportunities to build a bright economic future. Our success depends on actively connecting with the people and communities we serve.

Location: #LI-Onsite

The Role:

The Senior Vice President, General Auditor of the Federal Reserve Bank of Dallas, is responsible for the strategic leadership and oversight of the Bank's Audit Department to ensure an independent evaluation of the adequacy, effectiveness and efficiency of the Bank's system of internal controls. In addition, the General Auditor influences the improvement of the quality and performance of governance and risk management practices through planning and executing all internal audit activity for the Bank, and where there are dependencies, other Federal Reserve Banks. The General Auditor will employ a risk-based approach that supports organizational strategy, innovation, and continuous learning.

This role, which is independent of Federal Reserve Bank Dallas management structure, is accountable to the Audit Committee of the Bank's Board of Directors, reporting on the activities of the Audit department, including the results of audit work.

The position reports directly to the Chair of the Audit Committee of the Bank's Board of Directors, administratively to the First Vice President of the Bank and serves as a member of the Bank's Executive Leadership Team.

The executive will have a proven record of leading a professional audit team and delivering desired results. The person should be capable of inspiring, supporting and developing a team with varying experiences and skill sets, that is agile and effective at supporting an organization that operates in a highly dynamic and integrated environment while maintaining the highest standards of excellence.

The SVP and General Auditor will ensure the team and the practices of the Bank sustain and enhance the Bank's reputation as a trusted public and financial institution. They will establish and maintain effective relationships with external partners, internal stakeholders at all levels, across the Federal Reserve Banks, Board of Governors, and with the Dallas Fed's Board of Directors

The Person:

• Leads with a clear set of values, demonstrates integrity in all situations, and is a role model of ethical conduct.
• Through the Audit Committee, provides the Board of Directors with independent and objective assurance of the Bank's risk management, control, compliance, and governance processes.
• Influences the improvement of efficiency and effectiveness of internal control, governance, and risk management processes in the District and, where there are interdependencies, with other Federal Reserve Banks, while promoting sound risk taking, effective controls, and high levels of compliance.
• Works collaboratively with senior management and other key parties, including the Audit Committee/Board of Directors, external auditor, and the Board of Governors to inform and influence perspectives in support of Bank and Federal Reserve System strategies.
• Demonstrates a strong business acumen with a proven ability to evaluate the costs, risks, and benefits associated with alternative actions before making recommendations.
• Effectively leads the implementation of new audit approaches in an evolving risk environment.
• Track record of successful leadership with a commitment to operational excellence and proven execution and delivery, achieving exemplary results, including high-quality, risk-focused, and relevant audit services that respond to emerging and changing risks adeptly and flexibly.
• Proven ability to positively coach, lead, and develop others to achieve their professional best.
• Strong collaboration skills and an interest in ensuring strong cross functional and enterprise-wide relationships with an ability to partner effectively with others in the pursuit of common goals. Ability to navigate a matrixed organization.
• Executive presence, judgment, and pitch-in communicating and supporting effective discussion and decision making among boards, policy makers, and others. Effective and strong interpersonal and diplomacy skill; excellent writing, presentation, and analytical skills.
• Ensures that audit activities conform to the Global Internal Audit Standards. 
• Deep public service and/or mission-driven orientation.

 Education and Experience:

• Bachelor's degree in business administration, finance, accounting, or equivalent field required.
• Graduate education, such as MBA is preferred.
• Certified Public Accountant, Certified Internal Auditor (CIA), or Certified Information Systems Auditor (CISA) designation is highly preferred.
• A minimum of ten (10) years of audit management or similar experience with a proven track record of providing high-quality services and driving innovation for continuous improvement to processes.
• Five (5) years of executive leadership experience, with strong executive presence and negotiation skills to influence and facilitate positive outcomes.
• Knowledge of the Federal Reserve System, industry control frameworks such as COSO Enterprise Risk Management Framework and NIST Cybersecurity Framework, is desired.
• The selected candidate will be subject to extensive background and financial investigations.

Our Benefits:

We offer competitive pay and benefits including but not limited to:

• Health, dental and vision insurance.
• Pension and 401K Plan with employer matching provision.
• Credit protection, financial planning, and opportunities for pre-tax savings.
• Generous vacation, federal holidays, and paid time off to volunteer in the community.
• Healthy lifestyle assistance through an on-site fitness center and subsidized cafeteria with healthy food options.
• Centrally located in Downtown Dallas with free on-site underground parking, and public transportation subsidy.
• Support with continued education.

Notes:

Specific schedule details will be discussed during the recruitment process.

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements. In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules. 

Please submit applications by Tuesday, April 29th at 9am CT.

Are you ready to make a difference?

https://www.dallasfed.org

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer and is committed to ensuring equal employment opportunity to all applicants.  

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

Regular

Job Exempt (Yes / No)

Yes

Job Category

Executive Family Group

Work Shift

First (United States of America)

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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