SOX/FDICIA ICFR Manager

Purpose:

The SOX/FDICIA Manager is responsible for administering and facilitating the work underlying all reports required of a bank and SEC registrant relating to internal controls over financial reporting (“ICFR”) as well as the reports themselves. The SOX/FDICIA management role includes planning, risk assessment, process understanding, internal control design, documentation, oversight of and performance of control testing and administration. The SOX/FDICIA role also includes oversight of all internal audit and contractor work related to the SOX and FDICIA attestation requirements. The position is also responsible for organizing and validating the remediation for identified internal control weaknesses. In doing so the SOX/FDICIA Manager will interact with all areas of FinWise Bank. In addition, the SOX/FDICIA Manager will support the external auditor in their assessment of ICFR when appropriate.

This role provides a unique opportunity to develop a deep understanding of the Bank’s business and IT processes while working closely with the Finance Team, Enterprise Risk Team, Internal Audit Team, and cross-functional business units to identify, design, test, and document FinWise Bank’s internal control environment and ensure FinWise has designed and implemented an effective system of ICFR. This position will report to the Chief Financial Officer and work in partnership with key stakeholders, business process owners, control owners, co-sourced SOX resources, and the external and internal auditors. This person will play a critical role in ensuring the Bank’s internal controls are in line with regulatory standards and best practices and provide reasonable assurance that the financial reports are accurate and comply with the US GAAP.

Tasks:

• Support and assist the Chief Financial Officer in the development, improvement and maintenance of an effective control environment that complies with the testing and reporting requirements of SOX 404 including entity level, process level and information technology general controls.
• Learn and utilize the FloQast SOX Compliance software to develop and manage the SOX project lifecycle, including the build out of risk assessments, identification of SOX significant systems, documentation of various business processes, and identification of key controls for testing by co-sourced SOX resources.
• Coordinate and collaborate with various department heads to assess the adequacy and completeness of controls (inclusive of manual and automatic controls related to IT/Information Security) to ensure SOX 404 objectives, quarterly/annual deliverables, and timelines are met.
• Provide subject matter expertise on control design and implementation, and guidance for remediation efforts related to any exceptions identified by either regulators, internal audit, or external audit.
• Work closely with co-sourced providers to support the design of testing, coordinate audit requests, and ensure timeliness of any remediation testing.
• Perform testing of controls in selected areas as schedule permits.
• Work with business owners to remediate any and all identified internal control weaknesses.
• Serve as a liaison between process owners, co-sourced providers, and external auditors by developing strong working relationships.
•  Managing contractor and auditor requests/deliverables.
• Proactively identify and monitor process and system changes that have a direct impact on the Company’s financial statements and related disclosures to ensure SOX impacts are considered.
• Assist in updating and maintaining a SOX repository of internal policies, risk assessments, process narratives, flowcharts, control inventory, SOX applications, and key reports.
• Assist in the preparation of periodic SOX status dashboards, reports, and executive summaries to business units and the Company’s SOX Committee and Audit Committee of the Board.
• Coordinate the quarterly SOX sub-certification exercise.
• Provide guidance and training to employees on SOX compliance matters, including the importance of internal controls and their role in financial reporting integrity.
• Participate in ad-hoc projects, as necessary.

Knowledge, Skills, and Abilities:

• Excellent analytical and problem-solving skills, with the ability to identify control weaknesses and propose effective solutions.
• Excellent interpersonal, organizational, time management, and communication skills.
• Detail-oriented and highly organized, with the ability to manage multiple priorities and meet deadlines.
• Commitment to ethical conduct and a strong understanding of the importance of social responsibility in banking.

Required Education / Experience / License:

• BA/BS or equivalent professional experience. Bachelor’s degree in Accounting, Finance or related field required, MBA or Master’s degree in Accounting a plus.
• 5+ years’ experience within the banking or financial services industry.

Preferred Education /Experience / License:

• Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) preferred.
• Minimum 4+ years of financial/SOX or operational audit experience from a Public Accounting Firm (preferred) or internal experience within the Banking industry.
• Experience using FloQast and Microsoft Visio preferred.
• Exceptional knowledge of SOX compliance programs, COSO Internal Control Framework, and FDIC reporting requirements.

Minimum Essential Requirements:  

• Sit or stand at a computer for extended periods of time and look at a computer screen for several hours a day.
• Work at an assigned FinWise office location.
• Communicate with others in person, on the phone, virtual meeting, and email.
• Maintain confidentiality.
• Lift 20 lbs.
• Maintain regular and punctual attendance.
• Work overtime as assigned.
• Travel overnight as required.
• Work cooperatively with others.
• Driving during the workday.
• Comply with all company policies and procedures.

Background checks are required on all bank employees due to the accessibility of Personally Identifiable Private Information.

AAP/EEO Statement

FinWise is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status.

FinWise provides reasonable accommodations to the known disabilities of individuals in compliance with the Americans with Disabilities Act. For accommodation information or if you need special accommodations to complete the application process, please contact the Human Resources Department at (801) 545 - 6041.

Qualified applicants with criminal history and conviction records will be considered in accordance with legal requirements.