Senior IT Examiner/IT Examiner for Large & Foreign Banking Organization
Philadelphia, PA 
Posted Today
Job Description
Senior IT Examiner/IT Examiner for Large & Foreign Banking Organization (263529)

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.

Job Summary:

SRC is responsible for the supervision and regulation of state member banks (SMBs), bank holding companies (BHCs), savings and loan holding companies (SLHCs), financial holding companies (FHCs), data service providers, trust companies and large and foreign banking organizations (LFBOs). Supervised financial organizations are located across the District and range in size and complexity from small community organizations to some of the largest banking organizations in the country.

A Senior IT Examiner serves as a technical subject matter expert on a dedicated supervisory team or partners with a supervisory event team to develop supervisory strategies, participate on supervisory events, and provide expertise to support the supervision of District organizations. The individual maintains advanced skills in a specific risk specialty area for Information Technology, as well as other risk areas, as determined. An IT Examiner generally performs the duties below for complex situations or financial organizations.

Principal Duties and Responsibilities:

Information Technology

Principal Duties and Responsibilities:

  • Assists in all phases of bank examinations for information technology issues, including risk management techniques, management information systems, audit, business continuity practices, acquisition and development practices and internal controls associated with IT related activities.
  • Assists with, but may also lead the preparation of the supervisory strategy and risk assessment for IT related activities and participate in the vetting of examination findings and preparing examinations or inspection reports.
  • Develops examination/project plans, timelines and milestones for supervisory events/projects of moderate complexity and acts to ensure plan goals are achieved.
  • Demonstrates intermediate to advanced analytical and problem solving skills, independent and critical thinking, and decision making abilities.
  • Conveys opinions, draws conclusions and offers persuasive arguments in a written format that is clear, concise, and appropriate to the information needs of the audience; prepares written well-supported examination reports reflecting critical and independent thinking.
  • Participates in or conducts meetings with bank management or boards of directors, and conducts briefings on a regular and ad hoc basis for internal and external stakeholders involving moderately complex to complex issues or situations.
  • Develops relationships with supervisory risk specialist personnel across the Federal Reserve System, as well as with senior management and directors of supervised financial organizations.
  • Develops and maintains expertise in cyber security/information security, cloud computing, IT operations, IT risk management and IT internal audit.


Education and Experience :

  • Bachelor's degree with a major in MIS, Information Systems and Technology, Computer Science, or a related field is preferred.
  • Minimum of 8 years of bank examination, internal/external IT audit, or financial institution IT experience is required.
  • CISA and/or CISSP certification strongly desired.
  • Working knowledge of core IT infrastructure components, such as operating systems, network, databases or banking software such as online banking and core banking processing applications, strongly desired.

Travel including extended overnight stays is a requirement. Valid driver's license required.

Perform other duties as assigned:

  • Participates in department and System-wide initiatives, including but not limited to, working with staff from other Reserve Banks, the Board of Governors' and other regulatory agencies.
  • May serve in a formal training capacity, as applicable.
  • Serves as a mentor and coach, providing constructive feedback to staff at all levels.
  • Maintains current knowledge of industry developments and banking regulations, and the supervisory process and technology tools.
  • Participates in Federal Reserve System supervisory activities and other resource sharing opportunities.
  • Completes other special projects or tasks as assigned.

This position requires access to confidentialsupervisory information and/or FOMC information, which is limited to "ProtectedIndividuals" as defined in the U.S. federal immigration law. ProtectedIndividuals include, but are not limited to, U.S. citizens, U.S. nationals, andU.S. permanent residents who either are not yet eligible to apply fornaturalization or who have applied for naturalization within the requisitetimeframe. Candidates who are permanent residents must sign a declaration ofintent to become a U.S. citizen when eligible to do so and pursue a path tocitizenship. In addition, all candidates must undergo an applicable backgroundcheck and comply with all applicable information handling rules.

Background investigations including drug testing are required for all new hires as a condition of employment, after the job offer is made. Employment may not begin until the Bank accepts the results of the background investigation.

The Federal Reserve Bank of Philadelphia believes 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 Bank of Philadelphia is proud to be an equal opportunity workplace.


Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Work Hours (i.e. shift)
Day Job
Required Education
Bachelor's Degree
Required Experience
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