IS Analyst – Operations, Risk, and Compliance Management at Federal Reserve Bank (FRB)

Posted in Management about 3 hours ago.

Type: Full-Time
Location: Richmond, Virginia





Job Description:

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.
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. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a flexible work environment where you can truly find balance.

As an IS Analyst reporting to the Manager, you will collaborate with peers and partners to successfully implement the Federal Reserve security program. Day to day, this entails consulting with and guiding product line squads, product managers, and owners to ensure that effective and appropriate risk and compliance management activities are taking place. You will regularly throughout the year guide security program officials through the important process of authorizing products in accordance with the security program requirements.

About the Opportunity

The Operational Risk and Compliance Team has an immediate opening for an Information Security Analyst at the Associate level, reporting to Michael Johnson, Manager - Information Security.

As an IS Analyst reporting to the Manager, you will collaborate with peers and partners to successfully implement the Federal Reserve security program.  Day to day, this entails consulting with and guiding product line squads, product managers, and owners to ensure that effective and appropriate risk and compliance management activities are taking place.  You will regularly throughout the year guide security program officials through the important process of authorizing products in accordance with the security program requirements.

What You Will Do:


  • Conduct and/or participate in information system authorization activities for existing and new technology components based on established technology standards

  • Perform risk analysis of operational issues using established methodologies and tools within risk and compliance

  • Work with Product Managers, Product Owners, and product stakeholders to assess current information security capabilities, identify customer needs, and recommend controls improvements within risk and compliance areas

  • Collaborate with partnering functions to complete risk analyses in connection with implementing the security standards

  • Routinely present risks, issues, and outcomes, and support reporting processes to provide consultation to clients, colleagues, and management

  • Collaborate with other risk/compliance resources to address process improvements, IT/IS policy and standards interpretation, and compliance issues as well as provide input on process improvements and risk monitoring capabilities

Qualifications:


  • Bachelor's Degree or equivalent experience with 1+ years of relevant work experience.

  • Certification in one or more IS industry recognized certifications (such as CISSP, CISA/CISM, GIAC, CRISC, or CCSP etc.) is preferred.

  • Strong working knowledge of SAFR (internal candidates) and NIST frameworks

  • Knowledge and experience with Cloud IT/IS policy and FedRAMP is desired.

  • Comprehensive risk and controls application to support IT/IS policy and standards

  • Experience with understanding, assessing, and applying IT risk management disciplines in support of business lines and overall function

  • Ability to develop and present recommendations and solutions to effectively manage risk and compliance with IT standards, and do so while participating in operating model that practices Agile and Scrum.

  • Experience working on projects that span multiple organizations and business units

  • Knowledge of and ability to participate on an agile team

  • Experience managing risk assessment, identification, and remediation activities to effectively prioritize risk management within the backlog

  • Understands relationship between Product Owner, Scrum Master, and rest of the team, with a strong sense of design alignment to policy and standards (NIST)

  • Proven ability to identify and support continuous improvements

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:


  • Great medical benefits

  • Pension and 401(k) with employer match

  • Paid time off

  • Tuition reimbursement

  • Employee resource networks

  • Paid volunteer leave

  • Flexible work options

  • Onsite amenities that make working here fun!

Other Requirements and Considerations:


  • Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.

  • If you need assistance or an accommodation due to a disability, please notify rich.recruitment@rich.frb.org.

  • Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).

  • Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship.


  • The hiring range is for the Associate IS Analyst is $65,000- $89,320 annually.

  • For candidates outside Richmond, VA, listed hiring and salary ranges may be adjusted based on your geographic location.

  • Salary offered will be based on the job responsibilities and the individual’s knowledge, skills, and experience as defined in the job qualifications.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Analytical

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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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