Vice President, SOX Control & Compliance II

• Responsible for executing rigorous verification and testing of BCBS 239 related processes and controls. Independently assess, through verification and testing, the internal control framework to ensure that all internal systems supporting compliance with the Basel rules and BCBS 239 principles are properly designed, documented, and working as intended.
• Essential functions include: BCBS 239 Principles Compliance: Assess compliance with Basel Committee on Banking Supervision Section 239 risk reporting and data aggregation requirements.
• Internal Control Evaluation: Evaluate the design of controls over the BCBS 239 reporting processes to ascertain whether control objectives related to accuracy, completeness, validity, and timeliness are adequately addressed.
• Identify control gaps related to the BCBS 239 framework components through verification and testing. Identify risks that could potentially cause a material misstatement.
• Become a SME related to the BCBS 239 process. Build and maintain key working relationship with professionals including but not limited to Enterprise Data Management, Finance, Risk and Compliance and DART personnel, BCBS 239 data providers, model and process owners, SOX, and Internal Audit.
• Assigned business/business partner areas are typically medium to large in size and moderately complex. Incumbents demonstrate a breadth of knowledge of compliance and control and a thorough understanding of BCBS 239 and SOX.
• Recognized throughout the organization as the BCBS 239 point of contact for a particular business/business partner area.
• Contributes in the execution of the SOX assessment program in providing thorough and reliable identification of in-scope accounts and locations, planning, testing, documentation, and reporting of the effectiveness of BCBS 239 for delivery to the senior management and external committees
• Contributes to the establishment of SOX compliance for the business/business partner area and is responsible for ensuring the implementation of that assessment.
• Leverages SOX compliance techniques to achieve business objectives. Contributes to the development and sustention of Control & Compliance initiatives to evolve controls framework, risk management approaches and operational efficiency.
• Provides guidance on the integration of internal controls into processes and systems to senior level management.
• Collaborates with other stakeholders to develop and implement consensual decisions. As necessary, partners with business continuity coordinators to develop disaster test scenarios and methods for managing the resulting hypothetical issues.
• Supervises, motivates and guides more junior control & compliance roles.
• No direct reports; provides technical advice/guidance to less experienced Control & Compliance roles as needed.
• Contributes to the achievement of team goals. Modified based upon local regulations/requirements.

• Bachelor’s Degree or the equivalent combination of education and experience is required.
• 7-10 years of total work experience preferred.
• Experience in public accounting, SOX testing, financial services or shared services is preferred. Certified Public Accountant (CPA) or Chartered Accountant (CA) certification is preferred.
• Strong understanding of the BCBS 239 principles and practices is preferred.
• Experience in Power BI and Alteryx is preferred.

Hays