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CFPB Report: 2015-MO-C-013 August 26, 2015

The CFPB Can Further Enhance Internal Controls for Certain Hiring Processes

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Memorandum

OFFICE OF INSPECTOR GENERAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
CONSUMER FINANCIAL PROTECTION BUREAU

August 26, 2015

Memorandum

TO:

Jeffrey Sumberg
Chief Human Capital Officer
Consumer Financial Protection Bureau

FROM:

Melissa Heist /signed/
Associate Inspector General for Audits and Evaluations

SUBJECT:

OIG Report No. 2015-MO-C-013: The CFPB Can Further Enhance Internal Controls for Certain Hiring Processes

The Office of Inspector General (OIG) has completed its final report on the subject evaluation. We conducted this evaluation to assess the efficiency and effectiveness of certain activities of the Consumer Financial Protection Bureau's (CFPB) employee recruitment and selection processes, as well as the agency's compliance with CFPB recruitment and selection policies and procedures and certain laws and regulations.

We provided you with a draft of our report for review and comment. In your response, you concur with our recommendations. We have included your response as appendix C to our report.

We appreciate the cooperation that we received from the CFPB's Office of Human Capital. Please contact me if you would like to discuss this report or any related issues.

cc:

Sartaj Alag, Chief Operating Officer
Stephen Agostini, Chief Financial Officer
J. Anthony Ogden, Deputy Inspector General