The Board of Governors of the Federal Reserve System
is seeking a well-qualified individual for our Deputy Inspector General
position – OIG Division located in our Washington, DC office. To be considered for this position, please
submit your resume through our career site at http://www.federalreserve.gov/careers/jobsearch/default.aspx
Search by Job ID 20888.
The Deputy Inspector General is responsible for
assisting the Inspector General (IG) in providing the overall direction and
management of the Office of Inspector General (OIG) of the Board of Governors
of the Federal Reserve System (Board) and the Consumer Financial Protection
Bureau (CFPB). OIG is an organization with over 100 people. The Inspector
General Act (as amended) requires the Board and CFPB’s OIG to perform audits
and investigations to help prevent and detect fraud, waste, and abuse in the
Board and CFPB’s programs and operations and to help improve the economy, efficiency,
and effectiveness of those programs and operations. By law, the OIG also
performs reviews of the Board’s banking supervision program when a financial
institution failure results in a material loss to the bank deposit insurance
fund. The Deputy Inspector General assists the Inspector General in the
oversight of all OIG functions and is Acting Inspector General in the IG’s
responsibilities of the Deputy Inspector General may include the following:
· Responsible to the
Inspector General for oversight of the OIG’s activities relating to audits, IT
audits, evaluations, attestations, inspections, evaluations, and other reviews,
as well as criminal and administrative investigations of alleged fraud, waste,
abuse, and mismanagement related to the Board and CFPB’s programs and
· Assists the Inspector
General with OIG strategic and tactical planning and in the review and approval
of OIG products and reports.
· Subject to the broad
guidance of the Inspector General, directs and controls the operational
activities of the OIG, including the allocation and use of the OIG’s budget,
equipment, space, and human resources. Assists the Inspector General in budget
preparation and staff selection and other employee actions. Ensures that appropriate
policies and procedures have been established to guide OIG operations and
· Finalizes staff
performance evaluations of all staff except those staff that report directly to
the Inspector General. Assists the Inspector General in determining annual
salary actions for all OIG staff.
· Serves as liaison or
member to committees of the Board, Federal Reserve System, CFPB, and the OIG
community as warranted and appropriate.
· Serves as spokesperson
and chief executive officer for the OIG in the Inspector General’s absence.
· Other duties as
A bachelor’s degree
or higher and ten or more years of experience in the fields of accounting,
auditing, financial analysis, law, management analysis, public administration,
investigations, or related field of study. Strong ability to lead, motivate,
and develop employees. Ability to communicate effectively, orally and in
writing, on both technical matters and policy issues, and to review written
material for clarity, conciseness, and effectiveness. Ability to deal with
matters analytically, define issues, develop alternatives, and identify and
evaluate the pros and cons involved in issues. Must be able to obtain and maintain a
top-secret / SCI security clearance.
Has contacts with Board members, officials and staff
of other Board divisions, the CFPB, Reserve Bank senior officials and staff,
senior officials and staff in other government agencies, officials in other
audit and law enforcement entities and the Department of Justice, congressional
staff, and executives and staff from private corporations, banks, bank holding
companies, and contractors in order to carry out the duties and
responsibilities of the position. Maintains liaisons with other audit and
federal law enforcement agencies, GAO, and other Offices of Inspector General.
Represents the OIG in meetings, conferences, and training programs. Oversees,
through the program managers for various OIG services, the OIG’s resources,
personnel, projects, and general operations of the office. Ensures that Board
and OIG policies and procedures, as well as applicable audit and
inspection/evaluation standards and investigation guidelines, are carried out.
interpersonal traits, skilled in influencing others and negotiating successful
resolutions to complex situations.
to create, lead, and sustain a diverse, dynamic, high performance culture that
fosters employee engagement, integrity, and high ethical values. Advanced
training relating to directing, leading, planning, and executing organizational
directives, programs, and activities.
in building consensus on organizational vision, as well as executing goals and
objectives to achieve such vision.
in the following is a plus –
· Familiarity with Board
/CFPB regulatory requirements, oversight, and enforcement operations.
· Knowledge of the
business of the Board, CFPB, and the work and activities of the Federal Reserve
· Demonstrated success in
developing partnerships and outreach with the financial regulatory community,
CIGIE, and law enforcement.
· Familiarity and
understanding of the Council of Inspectors General on Integrity and Efficiency
of Governors of the Federal Reserve System is an
Opportunity and Affirmative Action Employer