Vp, Internal Audit - Stamford, United States - Synchrony

Synchrony

Verified Company

Stamford, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

Job Description:

Role Summary/Purpose:

The VP, Internal Audit - Treasury, Capital, and Reserves is responsible for leading a team of experienced audit professionals as they perform audits and continuous monitoring primarily focused on treasury, capital management, stress testing, reserves, and credit loss estimation.

As a key member of the Finance, Platform, and Strategy Audit Leadership Team, this individual may also be asked to assist on audits within finance, client development and sales, strategy, and supplier risk management.

The role will be responsible for driving comprehensive and dynamic assurance activities including, but not limited to, risk assessment, audit plan development, audit execution, and MRA and issue validation.

_ We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events._

Essential Responsibilities:

Lead the team to successfully execute audit and continuous monitoring engagements in line with department and regulatory expectations, ensuring timely completion of multiple concurrent deliverables
Lead, motivate, and develop audit team members and promote a culture of feedback and growth
Foster strong, collaborative relationships with key stakeholders including management and regulators
Assist in the development of the Audit Plan, conducting risk assessments, and updating coverage approaches as necessary based on changes to SYF's strategic initiatives
Identify and assess the impact of control deficiencies
Coordinate testing with external auditors, SOX Testing, and Second Line of Defense
Prepare high quality audit deliverables including planning memoranda, audit programs, working papers, drafts of audit issues, and audit reports
Ensure Audit Managers have documented audit work papers that clearly and succinctly articulate the process, risks, controls, testing procedures, testing results, and conclusions
Lead in research of relevant banking, regulation, reporting, and operational topics
Perform other duties and/or special projects as assigned

Qualifications/Requirements:

Bachelors or advanced degree in finance, accounting, business or an equivalent related field and 10+ years' experience in audit, financial services, or a related field
Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or related certification
Strong understanding and experience in audit methodology, standards, and practices, including Institute of Internal Auditors standards
Must be willing to travel up to 10% of the time

Desired Characteristics:

Knowledge and experience with GAAP, SEC, FRB, BHC, OCC, and FDIC regulatory risk management requirements and related guidance
Stong oral and written communication, presentation and facilitation skills including the ability to interact at all levels of the organization, including the ELT level
Ability to lead remote teams and work in a matrixed organization
Experience leading or auditing retail lending sales and client development practices, business development, and strategy.
Ability to effectively challenge the business and influence positive change in the organization
Experience developing audit teams and creating an inspiring and motivating culture

Grade/Level: 13
***The salary range for this position is
130, ,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

Salaries are adjusted according to market in CA, NY Metro and Seattle.

Eligibility Requirements:

You must be 18 years or older
You must have a high school diploma or equivalent
You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
New hires (Level 47) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future nonexempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).

Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in