Financial Controls Oversight Analyst (Hybrid)

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

Financial Controls Oversight is the department within Corporate Finance responsible for SOX / FDICIA compliance, including other certain financial reporting controls. The Analyst participates in the planning of the annual reviews for their assigned portfolio. They will support the identification of process risks and assess the adequacy of design and operation effectiveness of controls through testing of controls or those deemed necessary due to geographic location of the control owner. The Analyst will also support assessments of identified deficiencies, working with deficiency owners to document any actual or potential impact, document root cause, support the development of action plans necessary to remediate findings, and research other relevant facts. This role will also be a key member of the US-based team and will provide operational support to the global FCO team, ensuring seamless continuity between offshore resources at First Citizens Bank and First Citizens India. The staff member may also support the creation of operational guidance within Financial Controls Oversight. Collaborates and builds strong relationships with the Bank's control executors, external auditors, and other key stakeholders.

Financial Controls Oversight Analyst will be responsible for performing testing on IT General Controls (ITGC), ITACs (IT Automated Control) documentation and review of IPE (Information Produced by Entity) within the specified timelines. The ideal candidate will have familiarity with Oracle and SQL DBs and SQL queries, which enabling them to effectively assess system calculations, configuration, and interfaces SOX controls. This role requires a quick grasp of IT risks and their impact on business processes, especially in the credit and allowance processes.

• 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.
• 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.

Bachelor's Degree and 2 years of experience in SOX, Internal auditing, or equivalent OR High School Diploma or GED and 6 years of experience in SOX, Internal auditing, or equivalent

Preferred Area of Experience: Banking/Financial Services IndustryLicense or Certification Type: Possess designation as Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA) or other relevant industry certifications

Preferred Skill(s): In depth understanding of assigned bank processes at the Commercial and/or Consumer Bank, Knowledge of Generally Accepted Accounting Principles (GAAP), SEC Rules and SOX/FDICIA, Ability to assess process environment for future risks and trends, Ability to demonstrate courage and objectivity when communicating with executive and senior leadership when presenting complex issues, recommendations and opinions

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.