Lead Financial Risk & Controls Analyst
Location: TEMPE, Arizona

The Lead Financial Risk & Controls Analyst assists their Manager in the review of processes and procedures impacting financial reporting in order to evaluate best practices, efficiency opportunities and compliance with the requirements of the Sarbanes-Oxley Act (SOX). The primary responsibility of the Lead is in the execution of testing key controls. This will occur under the direction of the Manager during walkthroughs, to perform tests of design and during quarterly control tests of operating effectiveness. Coordination with process and control owners for quarterly 302 certifications is essential as these certifications may alter the testing plans of key controls. The Lead will ensure that process owners are updating documentation (i.e., narratives and flowcharts) and will coordinate results of testing with internal and external auditors, in particular any control issues which may impact the scope of work. The Lead will be responsible for updating status of control testing results in eGRC and uploading workpapers to support control conclusions. Additionally during projects and Company initiatives impacting people, processes and systems, the Lead will support their Manager in consulting with business units and project implementation teams on internal controls that will meet the requirements of SOX compliance.

In this role the auditor has the opportunity to deliver on completion of testing to support 404 and 302 opinions while identifying risks that could impede the scalability of operations. This person will play an important role in working with bank operations to deliver solutions for challenges faced by the growth of the organization.


Primary Responsibilities:
Assumes responsibility as lead tester for assigned key controls in the respective SOX pillar (primarily banking operations processes) and provides advisory and consulting services to management under the direction of the Financial Risk & Controls Manager, including:

•Reviewing narrative and flowchart documentation to validate they accurately describe the processes and related controls
•Documenting, during the walkthrough, the steps performed and the transaction selected to confirm the accuracy of the documentation, the accuracy of the risks encountered and the accuracy of the controls performed to ensure accurate and complete reporting of financial data
•Interviewing process / control owners and capturing results of the walkthrough work in the eGRC tool
•Preparing working papers to record and summarize all documentation and tests of design in accordance with professional standards
•Working closely with the Manager to analyze work processes, review workflows, and determine how work should be arranged to maximize efficiency and effectiveness
•Coordinating activities of processes and controls with process / control owners, including training and guidance


Performing tests of effectiveness over controls, as prescribed by internal procedures, and documenting the results of the testing in workpapers which, along with support, will be uploaded by the Senior into the eGRC tool

Updating and/or creating SOX testing plan attributes for tests of effectiveness and coordinates the communication of SOX control testing results

Assisting the Manager with the communication of findings by creating formal deficiency assessments and then assists the process / control owners with remediation plans for failed controls

Assisting with SOX progress reporting at month and quarter ends

Assist with special projects to ensure ICFR compliance as necessary


Skills and Requirements:
•Bachelors Degree in Accounting (preferred) or Finance
•3+ years performing internal control audit work, which conforms to professional standards
•Experience in public accounting (Big 4 or large regional accounting firm) and/or internal audit experience with a background in financial services is highly desirable
•Professional certification such as CISA, CPA, or CIA is preferred (expectation would be to acquire designation within 24 months of hire)
•Strong / broad understanding of current accounting (U.S. GAAP) and auditing (GAAS) principles
•Strong / broad understanding of internal control concepts (COSO 2013) including IIA Standards and various auditing techniques
•Experience in performing tests of design and effectiveness over key controls for financial reporting. Ability to effectively complete workpapers, which adhere to IIA and internally developed standards, to support results of the testing conclusions
•Project management and organizational skills, with the capability to work on the testing of multiple controls simultaneously with minimal direction in a dynamic and fluid environment
•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
•Proficient in Microsoft Office




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