Director, Internal Audit / SOX
PwC
Senior Manager, Internal Controls
Transamerica
full-time
Posted on:
Origin: • 🇺🇸 United States • Colorado, Iowa
Visit company websiteSalary
💰 $137,000 - $160,000 per year
Job Level
Senior
About the role
- Responsible for the day-to-day execution of the Transamerica Internal Controls program within the first line of defense.
- Lead the assessment of controls to determine if they are designed and operating in a manner that achieves the company’s regulatory and risk management objectives.
- Report on results and providing guidance to management on risk, impact, and remediation.
- Support second line (risk management), third line (internal audit), and external control assessments.
- Support the design and enhancement of controls in response to actual and conceptual risk events.
- Supports the execution of first line of defense testing of controls to evaluate the design and operating effectiveness of controls
- Oversee the evaluation and design of internal controls and make recommendations for improvement.
- Oversee and provide guidance on control remediation requirements.
- Identify opportunities for control enhancement in response to actual and conceptual risks identified
- Conduct process reviews and document process flows, with a focus on internal controls.
- Prepare and present updates to management, including management control remediation plans, metrics and dashboards.
- As appropriate partner and liaise with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
- Develop and execute against a control testing framework, to include both financial and non-financial controls.
- Developing tracking for the effectiveness of controls and reporting on risk and control performance
- Keeps stakeholders informed of testing progress and findings.
- Develop processes and policies for reporting findings.
- Collaborate with the business management in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.
- Support the tracking of control deficiencies.
- Provide support during second line and third line testing of the design and operating effectiveness of internal control.
- Perform validation and closure of control issues.
- Conduct control walk throughs and help identify and understand impacts of applicable risks and related controls as part of risk assessment programs.
- Provides support for special projects and initiatives
Requirements
- Bachelor’s degree in Accounting or relevant field, or equivalent work experience
- 10 years of progressive experience in internal controls, audit or risk management within the financial services industry
- Experience managing complex internal audits and/or operational risk assessments
- Ability to document and verbally communicate financial reporting processes in a clear and concise manner, including assessment of design and operating effectiveness of controls
- Communication skills to educate/raise awareness of foundational elements/methodologies needed to support an internal control framework
- CPA, CIA, CISA Designations (preferred)
- Management experience
