The Director of Financial Risk and Controls is charged with second line of defense responsibilities to ensure the SOX program is effective and efficient in planning, assessing, and reporting effectiveness of internal controls over financial reporting. S/he will work closely with the Head of Financial Risk and Controls to ensure the SOX program is delivering.
Work closely with the Head of Financial Risk and Controls to oversee and coordinate the SOX program plan, including members of the team, to meet and exceed deadlines, track and document overages, identify and implement process improvements, and prepare status reporting.
Responsible for on-going assessments of internal control over financial reporting ("ICFR") to verify related risks are appropriately identified, control are designed to mitigate related risks, and controls are operating effectively in accordance with COSO 2013 and to comply with SOX Act 2002. This may include advising the first line related to new or updates to controls, coordinating and participating in walkthroughs, leading and reviewing test work, documenting observations, verifying remediation is appropriate, and creating management reporting. Make recommendations and decisions to strive for the optimum balance between implementing and executing control versus the cost of implementing controls to arrive at the most beneficial result for the Company ICFR structure.
At the request of the Head of Financial Risk and Controls oversee projects to achieve stated objectives.
Work closely with the Head of Financial Risk and Controls to oversee and coordinate with both internal and external audit. Work to add efficiencies and enhanced alignment where possible.
Prepare and provide training to first line and SOX team members as necessary to ensure an effective SOX program.
High degree of project management expertise.
Effective leadership skills with experience in managing a team to drive results for ICFR compliance.
Strong / broad understanding of current accounting (U.S. GAAP) and auditing (GAAS) principles
Strong / broad understanding of banking regulations including and other regulatory reporting requirements
Strong / broad understanding of internal control concepts (COSO 2013) including IIA Standards and various auditing techniques.
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.
Demonstrated critical thinking and analytical abilities, including problem solving and time management skills.
Strong verbal and written communication skills, including report development.
A Bachelors (or Masters) Degree in Accounting (preferred) or Finance.
Approximately 10 to 15 years performing audit work, which conforms to professional standards.
Progressive experience in a combination of public accounting (Big 4 or large regional accounting firm) and/or internal audit experience with a background in financial services is highly desirable.
A professional certification such as CISA, CPA, CIA.
Internal Number: 6035753
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