Sr. Manager IT Financial Risk & Controls
- Employer
- Confidential
- Location
- Bangalore
- Posted
- Jul 31, 2024
- Closes
- Aug 07, 2024
- Ref
- 4787062672
- Role
- Analyst
- Certification
- Other
- Work Mode
- Work from office
- Hours
- Full Time
- Organization Type
- Corporate
BE PART OF A BANK LIKE NO OTHER.
When you work with the world's most innovative companies, you know you're making a difference.
Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.
They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.
Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Job Description:
Overview
The Senior Manager plays a critical role in the planning of the annual reviews for their assigned portfolio and leading the project team responsible for the execution of test work. They will drive the identification of process risks and assess the adequacy of design and operation effectiveness of controls by overseeing the testing of controls. The Senior Manager will also drive assessments of identified deficiencies, working with deficiency owners to understand and document any actual or potential impact, determine root cause, develop action plans necessary to remediate findings, and research other relevant facts.
The team member will be responsible for managing reviewing IT General Controls (ITGC), ITACs (IT Automated Control) documentation and review of IPE (Information Produced by Entity) within the specified timelines. This position will lead and coach team members and perform the work to support the organization.
The staff member will also help to drive the creation of operational guidance within Financial Control Oversight. Collaborates and builds strong relationships with the Bank's process owners, control executors, external auditors, and other key stakeholders.
Responsibilities
Qualifications
Bachelor's Degree and at least 12 years of experience in SOX, Internal auditing, or equivalent.
Preferred Area of Experience: Banking/Financial Services industry
License or Certification Type: Possess designation as Certified Information Systems Security Professional (CISSP), Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or other relevant industry certifications.
Required Skill(s):
© 2023 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group.
Equal Employment Opportunity
Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.
Skills: Organizational Skills, Problem Solving, Networks, Systems, Sox, Verbal And Written Communication Skills, fdicia , Time Management, Gaap, Project Management
Experience: 12.00-14.00 Years
When you work with the world's most innovative companies, you know you're making a difference.
Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.
They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.
Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Job Description:
Overview
The Senior Manager plays a critical role in the planning of the annual reviews for their assigned portfolio and leading the project team responsible for the execution of test work. They will drive the identification of process risks and assess the adequacy of design and operation effectiveness of controls by overseeing the testing of controls. The Senior Manager will also drive assessments of identified deficiencies, working with deficiency owners to understand and document any actual or potential impact, determine root cause, develop action plans necessary to remediate findings, and research other relevant facts.
The team member will be responsible for managing reviewing IT General Controls (ITGC), ITACs (IT Automated Control) documentation and review of IPE (Information Produced by Entity) within the specified timelines. This position will lead and coach team members and perform the work to support the organization.
The staff member will also help to drive the creation of operational guidance within Financial Control Oversight. Collaborates and builds strong relationships with the Bank's process owners, control executors, external auditors, and other key stakeholders.
Responsibilities
- Project Management- Manages assigned work to ensure results meet identified timelines for the assigned portion of the annual plan. Participates in special projects and performs other duties as required.
- Risk Mitigation- Investigates and manages key interdependencies that impact Financial Reporting risk. Advises manager on the appropriate resolution of identified deficiencies and provides insights that allows for revision to the annual plan.
- Control Evaluation- Performs fieldwork to evaluate the design and operating effectiveness for assigned controls. Complete thorough documentation in accordance with departmental standards. Evaluated the adequacy of deficiency remediation activities. Reviews other team member's testing plans and test work, as appropriate. Assist management with SOX progress reporting based on results of testing. Ability to write technical memos and prepare presentations that are clear and persuasive.
- Business Strategy- Supports the establishment of scope for each process review. Supports business processes analysis to identify efficiencies, key objectives, and optimal level of control/risks. Utilizes external networks and other resources to keep current on and provide insight regarding assigned area of responsibility. Keeps manager informed of practices and regulations affecting SOX/FDICIA.
- Relationship Development- Builds and maintains influential relationships with multiple levels of management, external auditors, and other internal controls assurance functions.
- Associate Management- lead, manage, and develop a team of FCO professionals to achieve the goals of the FCO department. Manage the recruitment, training, and performance management processes in accordance with the corporate policies, competitive path.
Qualifications
Bachelor's Degree and at least 12 years of experience in SOX, Internal auditing, or equivalent.
Preferred Area of Experience: Banking/Financial Services industry
License or Certification Type: Possess designation as Certified Information Systems Security Professional (CISSP), Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or other relevant industry certifications.
Required Skill(s):
- In depth understanding of IT applications, systems, networks, and the associated infrastructure prevalent in General, Commercial, and/or Consumer Banking industries, Knowledge of Generally Accepted Accounting Principles (GAAP), SEC Rules and SOX / FDICIA, Ability to anticipate future IT risks and trends, and evaluate alternative strategies, Ability to demonstrate courage and objectivity when communicating with executive and senior leadership when presenting complex issues, recommendations, and opinions
- 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 and competing 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
© 2023 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group.
Equal Employment Opportunity
Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.
Skills: Organizational Skills, Problem Solving, Networks, Systems, Sox, Verbal And Written Communication Skills, fdicia , Time Management, Gaap, Project Management
Experience: 12.00-14.00 Years