Job Description
At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
Leads preparation of department reporting and communication of Internal Audit insight through monitoring of Bank activities and analysis of emerging risks / issues. Responsible for assurance and operational activities of the department by managing the department’s issue processing activities, performing audit planning and facilitating quality assurance and improvement program activities as well as managing the department’s budget and record management activities.Accountabilities:
Responsibilities/Duties/Function/Tasks:
- Conduct assigned audit engagements successfully from beginning to end
- Develop and execute audit programs in accordance with the International Standards for the Professional Practice of Internal Auditing and Bank/department policies and procedures
- Develop and execute audit programs covering information processing systems to evaluate the adequacy of controls; compliance with applicable laws and regulations; cost effective acquisition, management, and utilization of resources
- Develop and execute audit programs to assess the design and/or development of system development projects and ensure the ability of the proposed system to effectively manage the environment for which it is intended, and propose recommendations, as necessary
- Prepare accurate audit work papers in a timely manner that use sufficient evidential matter to document and support the results of audit tests performed
- Supports preparation of the annual audit plan.
- Supports data analytics and continuous auditing program.
- Performs internal quality assessments and coordinates external quality assurance reviews.
- Summarizes and communicates information to -Chief Audit Executive or Audit Director and Bank management in a timely manner.
- Participates in the formulation of recommendations designed to improve controls and/or methods of operation.
- Assist in fraud and whistleblower investigations, when needed.
- Other duties and projects may be assigned.
Qualifications:
- Bachelor’s degree required (accounting, finance or other business subjects preferred).
- 5+ years of business experience; audit experience preferred.
- CPA and/or CIA designations preferred. If person has not achieved certification, candidate is expected to work towards obtaining it.
- Strong analytical skills and the ability to think critically is required.
- Strong hands-on data analytics and continuous auditing skills and experience is preferred.
- SOX testing experience is preferred.
- IT Audit and Integrated Audit skills and experience is a plus.
- Big4 audit experience is a plus.
- Strong knowledge of control principles/framework (COSO) is required.
- Excellent oral and written communication skills required.
- Excellent attention to detail is required.
- Financial services, especially Bank, experience is preferred.
- Demonstrated time management and organizational skills.
- Strong personal computer skills, including use of spreadsheets, databases and word processing software.
- Experience with -Empowered Systems GRC application preferred.
- Ability to complete projects within established time and resource parameters.
Compensation Range:
Annual Salary: $90,000.00 - $110,000.00This salary range represents the Bank’s good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant’s education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank’s annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule. We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.
At FHLB Des Moines, we work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce. This enables us to effectively serve the needs of our members and help them succeed.
Leads preparation of department reporting and communication of Internal Audit insight through monitoring of Bank activities and analysis of emerging risks / issues. Responsible for assurance and operational activities of the department by managing the department’s issue processing activities, performing audit planning and facilitating quality assurance and improvement program activities as well as managing the department’s budget and record management activities.Accountabilities:
Responsibilities/Duties/Function/Tasks:
- Conduct assigned audit engagements successfully from beginning to end
- Develop and execute audit programs in accordance with the International Standards for the Professional Practice of Internal Auditing and Bank/department policies and procedures
- Develop and execute audit programs covering information processing systems to evaluate the adequacy of controls; compliance with applicable laws and regulations; cost effective acquisition, management, and utilization of resources
- Develop and execute audit programs to assess the design and/or development of system development projects and ensure the ability of the proposed system to effectively manage the environment for which it is intended, and propose recommendations, as necessary
- Prepare accurate audit work papers in a timely manner that use sufficient evidential matter to document and support the results of audit tests performed
- Supports preparation of the annual audit plan.
- Supports data analytics and continuous auditing program.
- Performs internal quality assessments and coordinates external quality assurance reviews.
- Summarizes and communicates information to -Chief Audit Executive or Audit Director and Bank management in a timely manner.
- Participates in the formulation of recommendations designed to improve controls and/or methods of operation.
- Assist in fraud and whistleblower investigations, when needed.
- Other duties and projects may be assigned.
Qualifications:
- Bachelor’s degree required (accounting, finance or other business subjects preferred).
- 5+ years of business experience; audit experience preferred.
- CPA and/or CIA designations preferred. If person has not achieved certification, candidate is expected to work towards obtaining it.
- Strong analytical skills and the ability to think critically is required.
- Strong hands-on data analytics and continuous auditing skills and experience is preferred.
- SOX testing experience is preferred.
- IT Audit and Integrated Audit skills and experience is a plus.
- Big4 audit experience is a plus.
- Strong knowledge of control principles/framework (COSO) is required.
- Excellent oral and written communication skills required.
- Excellent attention to detail is required.
- Financial services, especially Bank, experience is preferred.
- Demonstrated time management and organizational skills.
- Strong personal computer skills, including use of spreadsheets, databases and word processing software.
- Experience with -Empowered Systems GRC application preferred.
- Ability to complete projects within established time and resource parameters.
Compensation Range:
Annual Salary: $90,000.00 - $110,000.00This salary range represents the Bank’s good faith and reasonable estimate of possible compensation at the time of hire. Offer to be determined by selected applicant’s education, experience, knowledge, skills & abilities, as well as internal equity and alignment with market data. This role is also eligible to participate in the Bank’s annual incentive plan.
As part of our competitive Total Rewards package, the Bank offers 11 paid holidays, 5 weeks of PTO and a work culture that values work/life balance. Most roles are eligible for our hybrid work schedule. We match 100% of the first 6% you contribute to your 401(k) and provide an additional 4% non-discretionary contribution to your 401(k) at the end of year. More information on our Total Rewards program can be found here.
At FHLB Des Moines, we work to create an inclusive culture. This enables us to effectively serve the needs of our members and help them succeed. FHLB Des Moines is proud to be an Equal Opportunity Employer. We prohibit discrimination on the basis of race, color, religion, sex (including pregnancy, sexual orientation or gender identity), national origin, age, disability, veteran status, genetic information (including family medical history), status as a parent or any other characteristic protected by federal, state or local law.
About Federal Home Loan Bank of Des Moines
As a member-owned cooperative, our mission is simple: To provide our members the financial products and services that advance economic development and affordable housing initiatives in their communities.
To do this, we seek to hire the best, forward-thinking employees who bring diverse backgrounds, talents and ideas to our team. We offer rewarding career opportunities in a variety of areas including finance, accounting, information technology, communications and marketing, human resources and more.
FHLB-Des Moines is one of 11 regional banks in the Federal Home Loan Bank System. We are governed by the Federal Housing Finance Agency, registered with the Securities and Exchange Commission (SEC) and operate autonomously with our own board of directors.
Offering Total Rewards
Our employees can get involved in employee-led committees at the Bank and volunteer in their own neighborhoods. Employees also enjoy hybrid work schedules with a positive work/life balance and a complete benefits package:
- Competitive salary and incentive plan
- 401(k) with employer match and an additional year-end discretionary contribution
- A variety of health and wellbeing benefits, including medical, dental, vision and life insurance
- Paid Time Off, Volunteer Time Off and 11 paid holidays
- Ongoing development
- Social and community activities
