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Job Information
Federal Reserve System IT Risk Specialist - Significant Service Providers (SSP) in St. Louis, Missouri
Company
Federal Reserve Bank of St. Louis
The Federal Reserve Bank of St. Louis is looking for an IT Risk Specialist to join our team of IT examiners focused on service provider supervision. Under the authority provided in the Bank Service Company Act, the Federal Banking Agencies (Federal Reserve, FDIC, and OCC) jointly supervise technology services provided to financial institutions by certain third-party providers. This includes Significant Service Providers (SSPs), which are systematically important to the financial industry, and smaller Regional Service Providers.
As an IT Risk Specialist, you will be primarily responsible for leading and participating in the supervision of SSPs, which includes preparing, reviewing, and executing risk-focused supervisory activities. Through oversight of SSPs, you will help ensure that IT and operational concerns that could impact a broad range of financial institutions are identified and remediated in a timely manner. You would work in either St. Louis, Missouri, or Little Rock, Arkansas, and report to a Supervisory Examiner. Specific grade level will be determined based on your experience.
Responsibilities
Plan, participate, and lead supervisory events, which includes target reviews, annual examinations, and continuous monitoring activities, in accordance with Interagency and Reserve Bank guidelines
Assess the firm's IT risk management practices related to internal and external audit, board and management oversight, information security, third-party risk management, development and acquisition, business continuity / disaster recovery, electronic banking, payments, and IT operations
Develop high quality and timely work products and reports to support your conclusions
Collaborate with the OCC, FDIC, and State Central Points of Contact (CPCs) to develop and execute supervisory strategies of SSPs
Communicate examination conclusions to the supervised firm's management team, Reserve Bank management, interagency stakeholders, and Board staff
Foster strong relationships with the interagency CPC team, Reserve Bank personnel, Board of Governors, supervised firm management, and other federal and state banking regulators
Travel overnight up to 40% of the time
Work a compressed schedule in a hybrid work environment
Qualifications
Bachelor's degree or commensurate industry experience
Familiarity with common information security frameworks, network architecture, business continuity / disaster recovery practices, IT risk management, and IT audit
5+ years' experience in a large and complex IT environment, that could include a large financial institution, technology service provider, or an IT audit firm
Certified Information Security Auditor (CISA), Certified Information Systems Security Professional (CISSP), or similar IT-related certification
Candidates with less experience will be considered at a lower job grade or salary
Total Rewards
Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.
Salary: 105,000 – 150,000
In addition to competitive compensation, we offer a comprehensive benefits package all brought together in a flexible work environment where you can find balance:
Medical (4 options), Prescription, Dental (3 options), and Vision Insurance with no waiting period
401k/Thrift Plan with generous employer match
Employer-funded Pension Plan
Paid Vacation/Sick Time & Holidays
Flexible Spending Accounts and Healthcare Spending Accounts
Flexible Work Schedule available in most departments
Life Insurance and Long Term Disability Insurance
Tuition Reimbursement (undergraduate and graduate)
Parental Leave
Free onsite 24/7 Fitness Center including training classes, and locker room / shower facilities
Onsite Cafeteria & Coffee Shop
Additional Convenience Benefits, Discounts and More…
At the Federal Reserve Bank of St. Louis, we believe the Federal Reserve most effectively serves the American public by building a more diverse and inclusive economy. Our commitment to diversity and inclusion, at all levels of the organization, has been one of our core values for many years and remains strong as we continue enhancing our efforts. Learn more about Bank’s culture (https://www.stlouisfed.org/careers) .
The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.
This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. All non-U.S. citizens authorized to access CSI and/or FOMC information must sign a declaration of intent to expeditiously become a U.S. citizen when eligible.
All employees who require access to CSI and/or FOMC information are subject to periodic background investigations and must comply with all applicable information handling policies.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Credit Risk Management
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.
Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.