Company

Federal Reserve SystemSee more

addressAddressNewark, NJ
CategoryInformation Technology

Job description

Company

Federal Reserve Bank of AtlantaAs an employee of the Atlanta Fed working for the Office of Employee Benefits in Newark, NJ, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.
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.

Position Summary:

You will be working in Newark, NJ for a division of the Federal Reserve Bank of Atlanta (Office of Employee Benefits) and will be responsible for performing third party risk assessments focused on implementing systems and processes to protect the Bank’s information resources. You will have the ability to blend and utilize technical, organizational, business, and cyber security skill sets. Act as a subject matter expert and consultant to business clients and department management on matters of third-party risk. Provide expert guidance to department management and business lines to ensure compliance and mitigation of risks. Contribute to objectives that support Department Strategic Goals. You will act in either an assurance or operational capacity.  You will report to the AVP, Information Security

Location: Newark, NJ

Must live within commuting distance of the Newark, NJ office

We are a hybrid work environment

Key Responsibilities:

  • Develop and maintain strong working relationships with business areas throughout the enterprise.

  • Perform third party risk assessments upon all third parties at point of engagement and throughout the supplier relationship.

  • Monitor Plan of Action and Milestones (POA&M)/Exceptions, tracking corrective actions until all deficiencies are resolved.

  • Work with third parties and their internal relationship owners to identify and remediate risks as required.

  • Provide clear and high-quality risk reports, with guidance and recommendations, to enable senior business owners to make the most appropriate risk decisions relating to the use of third parties.

  • Leverage intelligence, industry best practices (NIST CSF) and the regulatory landscape (such as GDPR, FCA, and FFIEC) to ensure a rounded assessment of the security risk posed to the Bank.

  • Stay informed about the latest developments in the vendor risk management field.

  • Serve as a subject matter expert (SME) for performing vendor risk assessments.

  • Engage directly with clients to gather a full understanding of project scope and business requirements.

  • Coordinate with vendors to ensure managed services are implemented and maintained appropriately.

  • May participate in strategic planning activities, other Information Security Projects, or other district/system priorities, including workgroups and initiatives, as requested.

  • Monitor compliance with security policies, standards, guidelines, and procedures.

  • Assist in the development of processes and procedures for the Information Security governance program, including control document reviews, participant assessment preparation, meeting coordination, assessment finding mediation, assisting control owner with remediation plan development, tracking findings through remediation, progress, monitoring, reporting, and escalation.

  • Lead information or cyber security work streams to achieve the required objectives or deliverables.

  • Complete ad-hoc information and cyber security tasks as assigned.

Education:  Bachelor's Degree preferred.

Experience:  Four+ years preferred of related experience

Knowledge Areas:

  • Compliance and risk controls

  • National Information Standards Technology (NIST) 800-53 and 800-37

Technical Skills:

  • Third Party Risk Assessment

  • Authentication Best Practices

  • Understanding of Cloud controls

   Individual Competencies

  • Problem Solving

  • Action Oriented

  • Collaborates

  • Communicates Effectively

This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).

The Federal Reserve Bank of Atlanta is an equal opportunity employer

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

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.

Privacy Notice

Benefits

401(k) matching, Career development, Competitive pay, Flex hours, Flex vacation, Health care
Refer code: 9292675. Federal Reserve System - The previous day - 2024-05-21 05:52

Federal Reserve System

Newark, NJ
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