Synchrony Financial - Internal Control Lead - SOX Testing

Job Description

Title: Internal Control Lead - SOX Testing

Role Summary/Purpose:

- Responsible for ensuring appropriate internal controls are identified, documented & regularly tested for in-scope Sarbanes-Oxley (SOX) 404 & FDICIA processes.

- The position includes a focus on compliance with SOX 404 & FDICIA as well as other regulations. The SOX 404 & FDICIA aspect includes planning, risk assessments, documentation, execution, toll gate reporting & post review follow up to ensure resolution of any identified issues.

Essential Responsibilities:

- Conduct testing of SOX and FDICIA controls and document test results in detail

- Follow up with process and control owners on any changes to controls and update control descriptions as appropriate

- Review control testing results with stakeholders and discuss viable solutions to close gaps

- Work with process owners and control owners on potential control deficiencies and obtain management actions plans to remediate the deficiencies

- Track any corrective action plans that come from the control testing; Assist with developing and writing control test script

- Assist with assembling/maintaining process maps and identifying risks and controls

- Work with process owners to identify gaps in the current processes and internal controls

- Influence stakeholders and related affiliates to implement necessary process and control modifications to meet regulatory needs

- Provide interpretation and guidance to process owners regarding key risks, key controls, bank policy and proposed process changes

- Interpret and publish control testing results to leaders in the Bank and Businesses

Qualifications/Requirements:

- Bachelor's degree in business, finance, or accounting

- 7-8 years of work experience in financial services industry

- 3+ years of experience in internal control or internal audit, including SOX testing experience

- Proficiency in Microsoft Office Suite applications;

- CA/CWA/CPA equivalent preferred

Desired Characteristics:

- Prior experience with SOX and/or FDICIA control testing, financial and IT

- Demonstrated ability to communicate effectively to multiple stakeholders

- Experience working independently and cross-functionally

- Strong business process mapping and MS Visio skills

- Familiarity with and operating understanding of consumer loan products and processes

- Excellent analytical and problem solving skills

- Attention to detail and follow up skills essential

- Project Management experience is a plus

- Lean / Six Sigma trained and/or tested

- Strong MS Excel skill