Internal Audit, Associate

Job Description:

Purpose: 

Successfully complete assigned components of audit engagements under the guidance of Audit Leadership.  Assist in identifying potential issues and process efficiencies, develops audit recommendations to mitigate risks and achieve business objectives, assist in drafting audit reports that are clear, concise and include both the impact and root cause of the issue identified, assist in the annual risk assessments process, and perform additional projects as necessary.

Primary Responsibilities:

• Complete audit testing, inquiry, observation, and other analysis required to meet objectives of assigned audit projects.
• Document clear and concise workpapers evidencing performance of all audit work.
• Perform process walkthroughs while communicating with internal and external stakeholders.
• Identify and communicate issues raised during audit work.
• Provide recommended solutions relevant to business and risk stakeholders.
• Communicate progress and results of audit throughout the audit engagement to auditor-in-charge, and management, as deemed appropriate.
• Assist in developing risk-based audit programs to achieve audit objectives for assigned audit projects.
• Assist in monitoring implementation of audit recommendations and validate action plans.
• Assist in the risk assessments for assigned areas.
• Perform additional projects as assigned.
• Ensure adherence at all times to all applicable department and professional standards.
• Demonstrate initiative and sound judgment in independently managing and completing assigned audit tasks, ensuring accuracy, timeliness, and adherence to standards.

Skills/Knowledge:

• Bachelor’s degree in Business, Finance, Accounting or related field, or equivalent experience.
• Zero to two years internal audit, external audit, or other relevant experience. 
• Interest in understanding of audit process/methodology and risk management /advisory work.
• Ability to adapt to a changing environment, meet deadlines, and handle multiple projects.
• Proficient communication, interpersonal, time management, and issue resolution skills.
• Able to operate PC-based software and/or automated database systems required.

Core Competencies:

• Customer Focus, Decision Quality, Ensures Accountability, Drives Results, Collaborates, Values Differences, Communicates Effectively, Instills Trust.

The Federal Home Loan Bank of San Francisco is committed to the principles of equal opportunity in employment (e.g., employees, applicants) and in contracting (e.g., suppliers, vendors) regardless of race, color, religion, sex, national origin, disability status, genetic information, age, sexual orientation, gender identity, status as a parent, or any other characteristic protected by law. We are committed to cultivating a workplace free of unlawful discrimination, harassment, and retaliation, and are dedicated to fostering vibrant communities by serving as a reliable source of liquidity and resources for affordable housing and economic development.

Salary ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.

The Bank is committed to offering all team members challenging and engaging work with market competitive pay, retirement, and benefit offerings. In support of this commitment, the Bank routinely engages in market competitive benchmarking surveys and analysis to ensure our team members continue to be paid fairly and competitively.