Federal Reserve Bank of Minneapolis · 22 hours ago
Senior Vice President and General Auditor
Minneapolis, MN
Full-time
Onsite
Director/Executive
$237K/yr - $406K/yr
10+ years expThe Federal Reserve Bank of Minneapolis is a mission-driven organization focused on creating a growing economy for all. The Senior Vice President and General Auditor will oversee the Bank's internal audit function, ensuring compliance with financial reporting and operational efficiency while leading a team to foster a culture of integrity and strong partnerships across departments.
Responsibilities
Develops, assesses, and continually evaluates audit policies and techniques to ensure to the maximum extent practicable, that audit scope and procedures are adequate to protect Bank assets, personnel, and custodies from exposure to loss or other irregularities
Oversees the development and implementation of the annual audit schedule that provides appropriate audit attention while following System audit risk frequency guidance and considers risks or control concerns identified by the Audit Committee and management
Communicates and coordinates activities with external review groups including the external auditor, the Board of Governors staff, and others
Analyzes and reports any significant issues related to the processes for controlling the activities of the Bank. Where appropriate, will recommend improvements to processes and controls, and identify needed management actions
Provides oversight for an anonymous complaint line
Employs a risk-based approach to the audit program
Sets department direction in a manner that strategically positions it for bold leadership and skilled execution, while concurrently meeting relevant System and Bank goals
Supports management and staff by setting forth a clear vision of the department’s financial, productivity, service, and quality goals. Provides consistent support to staff of all levels to achieve individual and group benchmarks
Effectively manages Audit Department activities to comply with internal auditing standards and maintain professional proficiency of staff. Works with the Assistant General Auditor to recruit, retain and foster development of staff with an appropriate mix of management, interpersonal, and technical skills
Identifies and develops staff with leadership and management potential
Provides a direct communication channel between senior management and department management
Promotes an environment where all employees feel they belong and can contribute to the Bank's work. Models and develops an organizational culture that encourages strong employee engagement and reduces barriers to productive work
Oversees the development of the function’s operating budget and the presentation to the Audit Committee for approval
Identifies and acts on opportunities to improve efficiency and quality of daily operations and services
Effectively manages the Bank’s relationship with the Audit Committee, ensuring effective communication of relevant information so they are able to perform their oversight responsibilities
Represents the Audit Department of the Bank and may assume significant leadership positions for internal audit activities at the System level, including setting Conference of General Auditors strategic direction and leading System audit coverage, advising senior System decision makers; may lead and influence industry and professional organizations outside the System
Works effectively with peers at other Reserve Banks to coordinate and support all audit related activities conducted at the System level
Champions organizational change as needed to support Bank and System strategy and business goals
Identifies areas for additional leadership roles for the Minneapolis Fed, works across the System to bring those responsibilities to Minneapolis, and manages those new responsibilities to further the goals of the System
Influences decisions and strategic initiatives through this participation and translates relevant activities into concrete action plans for the department
Contributes to achievement of the Bank’s strategic plan, providing support to the President and others
Demonstrates leadership within the Bank in vision, presence, and stewardship
Builds connections with other Reserve Banks and the Federal Reserve Board to enhance and increase the Bank and System level responsibilities and thought leadership within the Federal Reserve System
Conducts outreach with business and industry leaders and other external stakeholders
Qualification
Required
Bachelor's degree required
Ten years or more of demonstrated and relevant leadership experience in leading or sponsoring large, successful audit and/or compliance programs
Unquestionable ethics and integrity. The ability to conduct oneself, at all times, with integrity, honesty, and respect for every employee is paramount
Proven ability to think and act strategically while interacting with a diverse group of executives, managers, and professionals
Executive level business acumen and a demonstrated critical thinker with the analytical skills necessary to evaluate, organize, and direct complex development projects and programs
Demonstrated ability to deliver customer-focused services, meet critical deadlines, manage ambiguity, work across highly independent business units, and deal with difficult situations as routine
Proven ability to identify key strategic issues affecting areas of responsibility and demonstrate an understanding of their implications
Excellent interpersonal, leadership, and negotiation skills
Proven direct supervisory experience including financial responsibility
Excellent judgment when deciding which issues to resolve directly and which require senior management attention
An essential function of this position is working onsite. Bank employees work full time on-site with flexibility
Preferred
Graduate degree in related field preferred
Certified Public Accountant or professional audit related certification such as CIA, CFE, CISA, or similar is highly preferred
Benefits
Comprehensive healthcare options (Medical, Dental, and Vision)
401(k) match, and a fully-funded pension plan
Paid time off and holidays
Free public transportation passes
Annual educational assistance
On-site fitness facility
Professional development programs, training, and conferences
And more…
Company
Federal Reserve Bank of Minneapolis
The Federal Reserve Bank of Minneapolis serves the public by pursuing a growing economy and stable financial system.
501-1000 employees
H1B Sponsorship
Federal Reserve Bank of Minneapolis has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2023 (3)
2022 (5)
2021 (1)
2020 (2)
Funding
Current Stage
Late StageLeadership Team
Neel Kashkari
President and CEO
Recent News
2025-09-27
Seattle TechFlash
2025-09-25
Company data provided by crunchbase