The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.
The information technology (IT) examiner will conduct IT/cybersecurity risk management assessments and examinations for the LFBO institutions in the Third District. The IT examiner will support the TD and Synchrony Financial teams assisting the IT team leads for both organizations. Qualified candidates must have experience assessing technology risk and the control environment; including information security and cyber security risk associated with IT operations, electronic banking activities and management information systems. Audit, compliance, or regulatory experience in a variety of business lines is preferred. Certified Information Systems Auditor (CISA) and/or Certified Information Systems Security Professional (CISSP) designations preferred. Up to 75% travel to during the course of the year. Travel may be to various locations throughout the U.S. and Canada.
• Participate on IT/Cybersecurity assessments and examinations to determine the effectiveness of supervised institutions’ IT/cybersecurity program and validate management’s remediation efforts of identified issues.
• Assist with continuous monitoring activities across the LFBO portfolio to help understand micro (institution specific), horizontal (industry wide/peer), and macro (financial system supervisory) IT/cybersecurity risks.
• Deliver well-documented deliverables and workpapers providing appropriate support for assessments and overall conclusions.
• Effectively communicate complex supervisory findings and required actions to senior management, and in some cases the board of directors.
• Prepare and deliver written analyses and presentations based on the financial institutions risk profile, as well as broader industry trends on emerging risk.
• Participate on System and dedicated team IT/Cybersecurity initiatives related to training, supervisory committees and contribute to the development of policy statements that enhance the supervision of financial institutions.
• Develop and maintain ongoing collaborative relationships with supervisory personnel at the Board of Governors and other Reserve Banks, across regulatory agencies, as well as senior management and directors of financial institutions to ensure strong communication of supervisory expectations.
• Maintain a global awareness of relevant regulations, laws, emerging issues, trends, and ongoing developments in the financial services industry.