NY Staffing
SVP, Internal Audit - Compliance, AML/BSA, Risk, Credit, Growth
NY Staffing, New York, New York, United States, 10001
SVP, Internal Audit
Role Summary/Purpose: The SVP, Internal Audit is a strategic leader and critical member of the Internal Audit Senior Leadership Team. This role will lead teams of experienced auditors providing control assurance over Risk, Compliance, AML/BSA, Models, Credit, and Growth risks. The incumbent will also be responsible for driving enterprise coverage and assessments of the Risk Governance Framework, Compliance Risk Management (including AML/BSA). In addition, the incumbent will assist the Chief Audit Executive (CAE) and the Audit Senior Leadership Team (SLT) on developing and executing on department strategies, engagement activities, and various initiatives throughout the year. This individual must be a strategic audit leader with technical capabilities to support the auditing of a complex and growing structure. This role will report to the SVP, Internal Audit - IT & Ops, Risk, Credit, Growth. Our Way of Working: We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events. Essential Responsibilities: Promote a culture of proactive Audit quality, influence a department-wide focus on innovation and elevation of assurance work, and identify and lead strategic opportunities to improve audit coverage, quality, and reporting across the department Develop a comprehensive, in-depth understanding of Synchrony's business including the Risk, Compliance, AML/BSA, Models, Credit, and Growth (Marketing and Products) Drive and oversee Department coverage of enterprise programs including Risk Management, Compliance, and Models/EUCs Own and coordinate annual risk assessments of the Risk Governance Framework and Compliance Risk Management (including AML/BSA) Understanding the key current and emerging risks within the subject areas and lead a team of resident subject matter experts to identify emerging risks and appropriate audit plan updates responsive to those risks. Leverage information to develop informed annual assessments of key risks across subject areas and input into identification and reporting of issue and risk themes and trends Lead the development of a risk based and comprehensive annual plan and oversee the execution of the plan in line with department and regulatory expectations, ensuring timely completion, maintenance, and execution of the audit plan Lead, motivate, and develop team leaders and promote a culture of feedback and development Foster strong, collaborative relationships with key stakeholders including management, board, external auditors, regulators Stay externally focused attending industry events, roundtables, and peer best practice sharing forums Identify meaningful recommendations and serving as a change agent that will make an immediate impact in the subject areas Expected to influence Senior Management on matters which will have significant impacts on the subject areas Update coverage approach as necessary based on changes to SYF's strategic initiatives Oversee the development of a continuous risk monitoring process relative to the subject areas Perform other duties and/or special projects as assigned Qualifications/Requirements: Bachelors or advanced degree in business, management, finance, or accounting with 12+ years of relevant experience working within an internal or external audit function or in a risk management, governance, surveillance or testing, or finance/accounting role; in lieu of a degree 15+ years of experience working within an internal or external audit function or in a risk management, governance, surveillance or testing, or finance/accounting role; Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or related IIA certification Strong understanding and experience in testing methodology, standards, and practices, including Institute of Internal Auditors standards Must be willing to travel up to 10% of the time Desired Characteristics: Strong oral and written communication, presentation and facilitation skills including the ability to interact at all levels of the organization including the ELT level Ability to direct personnel across multiple locations and operations and work in a matrixed organization Ability to lead direct employees and teams of employees Understanding of practices within the Compliance, AML/BSA, Model, Credit, and Growth subject areas and the ability to apply them within the organization Understanding of the relevant regulatory requirements for the subject areas and past experience working with regulatory bodies (e.g., Fed, OCC, etc.) Experience leading enterprise wide initiatives and programs driving consistency and compliance across functional areas Ability to build strong, trusting relationships with senior business stakeholders, Audit Committee and Board members, Regulators, and external auditors Ability to suggest policy changes to key stakeholders that will improve the overall risk and control framework/program Ability to effectively challenge the business (including assumptions made) and influence positive change in the organization Recognized as a leadership role model and consulted often by others for advice and opinions Experience as a developer of talent in building teams and creating an inspiring and motivating culture Demonstrated experience as an agent of change within a heavily regulated environment Grade/Level: 15 The salary range for this position is 200,000.00 - 330,000.00 USD Annual. This position is also eligible for an Annual Incentive Plan target of 25% of salary and an Annual Equity target of 25% of salary. Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge. Salaries are adjusted according to market in CA, NY Metro and Seattle. Eligibility Requirements: You must be 18 years or older You must have a high school diploma or equivalent You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act. New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations). Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. Our Commitment: When you join us, you'll be part of an inclusive culture where your individual skills, experience, and voice are not only heard - but valued. Together, we're building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow. This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Reasonable Accommodation Notice: Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time. Job Family Group: Internal Audit
Role Summary/Purpose: The SVP, Internal Audit is a strategic leader and critical member of the Internal Audit Senior Leadership Team. This role will lead teams of experienced auditors providing control assurance over Risk, Compliance, AML/BSA, Models, Credit, and Growth risks. The incumbent will also be responsible for driving enterprise coverage and assessments of the Risk Governance Framework, Compliance Risk Management (including AML/BSA). In addition, the incumbent will assist the Chief Audit Executive (CAE) and the Audit Senior Leadership Team (SLT) on developing and executing on department strategies, engagement activities, and various initiatives throughout the year. This individual must be a strategic audit leader with technical capabilities to support the auditing of a complex and growing structure. This role will report to the SVP, Internal Audit - IT & Ops, Risk, Credit, Growth. Our Way of Working: We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events. Essential Responsibilities: Promote a culture of proactive Audit quality, influence a department-wide focus on innovation and elevation of assurance work, and identify and lead strategic opportunities to improve audit coverage, quality, and reporting across the department Develop a comprehensive, in-depth understanding of Synchrony's business including the Risk, Compliance, AML/BSA, Models, Credit, and Growth (Marketing and Products) Drive and oversee Department coverage of enterprise programs including Risk Management, Compliance, and Models/EUCs Own and coordinate annual risk assessments of the Risk Governance Framework and Compliance Risk Management (including AML/BSA) Understanding the key current and emerging risks within the subject areas and lead a team of resident subject matter experts to identify emerging risks and appropriate audit plan updates responsive to those risks. Leverage information to develop informed annual assessments of key risks across subject areas and input into identification and reporting of issue and risk themes and trends Lead the development of a risk based and comprehensive annual plan and oversee the execution of the plan in line with department and regulatory expectations, ensuring timely completion, maintenance, and execution of the audit plan Lead, motivate, and develop team leaders and promote a culture of feedback and development Foster strong, collaborative relationships with key stakeholders including management, board, external auditors, regulators Stay externally focused attending industry events, roundtables, and peer best practice sharing forums Identify meaningful recommendations and serving as a change agent that will make an immediate impact in the subject areas Expected to influence Senior Management on matters which will have significant impacts on the subject areas Update coverage approach as necessary based on changes to SYF's strategic initiatives Oversee the development of a continuous risk monitoring process relative to the subject areas Perform other duties and/or special projects as assigned Qualifications/Requirements: Bachelors or advanced degree in business, management, finance, or accounting with 12+ years of relevant experience working within an internal or external audit function or in a risk management, governance, surveillance or testing, or finance/accounting role; in lieu of a degree 15+ years of experience working within an internal or external audit function or in a risk management, governance, surveillance or testing, or finance/accounting role; Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or related IIA certification Strong understanding and experience in testing methodology, standards, and practices, including Institute of Internal Auditors standards Must be willing to travel up to 10% of the time Desired Characteristics: Strong oral and written communication, presentation and facilitation skills including the ability to interact at all levels of the organization including the ELT level Ability to direct personnel across multiple locations and operations and work in a matrixed organization Ability to lead direct employees and teams of employees Understanding of practices within the Compliance, AML/BSA, Model, Credit, and Growth subject areas and the ability to apply them within the organization Understanding of the relevant regulatory requirements for the subject areas and past experience working with regulatory bodies (e.g., Fed, OCC, etc.) Experience leading enterprise wide initiatives and programs driving consistency and compliance across functional areas Ability to build strong, trusting relationships with senior business stakeholders, Audit Committee and Board members, Regulators, and external auditors Ability to suggest policy changes to key stakeholders that will improve the overall risk and control framework/program Ability to effectively challenge the business (including assumptions made) and influence positive change in the organization Recognized as a leadership role model and consulted often by others for advice and opinions Experience as a developer of talent in building teams and creating an inspiring and motivating culture Demonstrated experience as an agent of change within a heavily regulated environment Grade/Level: 15 The salary range for this position is 200,000.00 - 330,000.00 USD Annual. This position is also eligible for an Annual Incentive Plan target of 25% of salary and an Annual Equity target of 25% of salary. Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge. Salaries are adjusted according to market in CA, NY Metro and Seattle. Eligibility Requirements: You must be 18 years or older You must have a high school diploma or equivalent You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act. New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations). Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. Our Commitment: When you join us, you'll be part of an inclusive culture where your individual skills, experience, and voice are not only heard - but valued. Together, we're building a future where we can all belong, connect, and turn ideals into action. More than 50% of our workforce is engaged in our Employee Resource Groups (ERGs), where community and passion intersect to offer a safe space to learn and grow. This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Reasonable Accommodation Notice: Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time. Job Family Group: Internal Audit