Auditor Management and Operations (OIG)

Minimum Education

Bachelor's degree or equivalent experience

Minimum Experience

1

Summary

Under the Office of Inspector General's (OIG's) team approach, this auditor serves as a team member on performance and financial-related audits, attestations, inspections, and evaluations (hereafter referred to as reviews) of programs and activities of the Board of Governors of the Federal Reserve System (Board) and the Consumer Financial Protection Bureau (CFPB). These reviews assess and promote economy, efficiency and effectiveness and help prevent and detect fraud, waste and abuse in Board and CFPB programs and activities. The incumbent may also assist with information technology audits, OIG investigations, and follow-up reviews of previous OIG reviews to determine if recommended actions were implemented. Audit and attestation work is conducted in accordance with generally accepted government auditing standards (GAGAS); inspection and evaluation work is conducted in accordance with the Council of the Inspectors General on Integrity and Efficiency's (CIGIE's) Quality Standards for Inspection and Evaluation.

Duties and Responsibilities

Participates as a member of the review team in planning segments of the review by obtaining comprehensive information about the applicable program or operation and determining the appropriate objectives, scope, and methodology to be used. Objectives will be based upon known deficiencies; perceived risks and vulnerabilities; or areas of interest to the Board, the CFPB, Congress, or other relevant parties. The scope and methodology are designed to meet the objectives of the specific review.

In preparation for reviewing a program or operation, may help more senior members of the review team develop and implement a review scoping plan to obtain an understanding of the program or operation, the adequacy of internal controls, the general flow of information and services through the program or operation, and areas warranting additional review coverage. As a team member, will help establish objectives, scope, methodology, and timing of follow-on reviews based on the results of the scoping effort.

Participates on teams reviewing Board or CFPB programs and operations by gathering, assembling, consolidating, and analyzing data and information and by developing appropriate findings, conclusions, and recommendations. Reviews may also examine whether OIG recommendations have been appropriately implemented and whether additional corrective action is needed. Applies a wide range of techniques and methodologies to accomplish a review, depending upon the circumstances encountered. May assist with writing portions of review reports.

Logically develops and organizes workpapers to document review work, the evidence collected or developed, and the results of analytical work performed, which support resultant review findings, conclusions, and recommendations. Conducts and documents review work in accordance with applicable standards, e.g., GAGAS, and policies and procedures.

Assists in the preparation of portions of written and oral reports and other correspondence to convey review results to applicable officials and others deemed appropriate. Uses appropriate skills, formats, and technology to prepare reports/correspondence. Findings and recommendations are reviewed by more senior members of the review team for relevancy, appropriateness, sufficiency, and technical adequacy.

EXPERIENCE/EDUCATION REQUIREMENTS

At the FR-23 grade, a bachelor’s degree from an accredited college or university in accounting, finance, economics, business, or related field, or equivalent experience, plus at least one year of audit, financial accounting, or related experience. At the FR-24 grade, plus at least three years of audit, financial accounting, management, and auditing/inspecting/evaluating to plan and conduct reviews of the Board’s or the CFPB’s operational programs and operations. Knowledge of principles, theories, practices, and techniques of accounting, management, and auditing/inspecting/evaluating to assist with reviews of the Board’s or the CFPB’s programs and operations. Knowledge and skill to evaluate compliance with applicable laws and regulations, the adequacy of internal controls, and the operational efficiency and effectiveness of systems and activities. Proficiency in oral and written communication skills. Excellent interpersonal skills and ability to work well in a team environment. Ability to obtain a Secret clearance, and is subject to the Board’s drug testing program. Prefer certification in one or more of the following: Certified Public Accountant, Certified Internal Auditor, Certified Fraud Examiner, and/or Certified Information Systems Auditor.

REMARKS

Past performance evaluations may be requested.

Education or prior experience related to data analysis, business writing, evaluating agency or departmental operations, or assessing the effectiveness of internal controls preferred.

Supports the Management & Operations section. The MO section oversees the operational components of the Board and the CFPB, including divisions that are responsible for human capital; diversity, equity, and inclusion; personnel security; records management; data governance; economic research (Board), Board member support (Board) and consumer education and engagement (CFPB).

Entry-level to intermediate-level auditor candidates encouraged.

The OIG’s telework policy requires employees to be physically present in the office a minimum of 4 days per month. Employees may be expected to be physically present in the office more than 4 days per month, as required by business needs.