Posted By
Posted in
Banking & Finance
Job Code
208917
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
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Posted By
Posted in
Banking & Finance
Job Code
208917