Sr. Manager IT Financial Risk & Controls

Join our team at SVB Global Services India LLP hereinafter referred to as First Citizens India– an organization that has built a legacy of strength, stability and long-term thinking that has spanned generations. Our parent company, First Citizens BancShares, Inc. is a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500™.

Situated in the vibrant city of Bengaluru, we play a crucial role in driving the success of our parent company and its subsidiaries.

At First Citizens India, our team brings together diverse backgrounds and rich experiences to deliver excellence across key business functions. Our commitment to innovation and collaboration makes us the preferred partner in navigating the dynamic and fast-growing digital landscape.  We believe in diverse, equitable and inclusive working environment because we understand that when all our differences converge, we create a synergy that enhances associate and customer relationships and drives innovation of our products and services.

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

Equal Employment Opportunity

SVB Global Services India LLP hereinafter referred to as First Citizens India is an Equal Employment Opportunity Employer. We are committed to fostering an inclusive, equitable and accessible environment and prohibit all forms of discrimination on the basis of gender, religion, caste, disability, sexual orientation, economic status or any other characteristics protected by the law. We strive to foster a safe and respectful environment in which all individuals are treated with respect and dignity. Our EEO policy covers all employment processes such as recruitment, hiring, compensation, benefits, promotions, learning opportunities, and other applicable employment terms for all qualified applicants and employees.