Silicon Valley Bank - Associate Director - Financial Risk & Controls - SOX Business - India

Job Description

Summary

The Associate Director, Financial Risk & Controls is a leadership role and the person is responsible for leading the team effectively. He / She will be responsible for ensuring quality and timely delivery of work. This includes review of business processes, procedures, risks and controls impacting financial reporting in order to evaluate best practices, and compliance with the requirements of the Sarbanes-Oxley Act (SOX). In addition, the individual will plan, scope, and build execution strategy with the Head of Financial Risk & Controls; management reporting of control testing (both design and effectiveness); planning and coordination with Risk Officers & Control Owners, documentation updates, quarterly 302 certifications and remediation; coordination with internal and external auditors on audit issues impacting internal controls.

Key Responsibilities

- End to end responsibility of SOX program and Regulatory Reporting Framework

- Work on the recruitment of staff members

- Coach, lead and mentor Senior Manager/s, Managers, Lead Analyst, Analyst in the team

- Analyzing and review processes/reports which are key for Financial Reporting and Regulatory Reporting

- Interviewing the first line of defense and validating the end-to-end process documentation is updated, identify gaps, and design issues

- Reporting status and maintaining effective workflow

- Coordinating activities with the first line of defense, including setting up walkthroughs, testing checkpoints, and training

- Review working papers to ensure all documentation is in accordance with professional standards.

- Make sure that Project management of SOX and Regulatory Audit is on time

- Prepare and review management reports for India and US management team

- Communicate deficiencies, assists the first line of defense with remediation plans creation, and confirm remediation plans are adequate to comply with professional standards

- Acts as a liaison with both internal and external auditors.

Knowledge and Skills

- Strong / broad understanding of current accounting (U.S. GAAP) and Audit framework.

- Strong project management and organizational skills, with the capability to work on multiple projects with minimal direction in a dynamic and fluid environment with rotating priorities.

- Pro-active, high energy and strong interpersonal skills with a team-focused attitude, demonstrating the ability to collaborate and compromise while building constructive and effective relationships

Certifications and Education

- Minimum 12+ years performing audit work, which conforms to professional standards

- Professional certification such as CA, CPA, CIA, CISA, MBA