AVP, Audit Manager - Growth & Risk Management
Synchrony, Chicago, IL, United States
Role Summary
This position reports into the VP, Internal Audit Growth & Risk Management and is responsible for providing independent and objective assessment of risk management practices, governance, and controls over the company's Risk and Growth functions. The role primarily executes audit engagements that entail reviewing, testing, analyzing, and concluding on the design and effectiveness of the bank’s control environment, continuous monitoring activities, and validation of corrective actions.
Essential Responsibilities
Contribute to the direction and focus of the Internal Audit team's activities through active engagement in risk assessment, audit planning, and continuous monitoring processes.
Conduct testing to independently assess the design and operating effectiveness of controls that mitigate key risks.
Actively participate in complex audit engagements where multiple testers or other teams are involved; manage the completion of testing milestones/tollgates according to required timeframes.
Identify and assess the impact of control deficiencies, including communication to key stakeholders.
Prepare high quality audit deliverables including planning memorandum, discovery documentation, working papers, drafts of audit issues, and audit reports.
Ensure effective and efficient execution of audits and other audit activities in conformance with professional and departmental standards, budgets, and timelines.
Maintain high awareness of emerging risks, regulatory environment, and business risks and issues, taking action to assure required adjustments to risk assessments, audit plans, and audit programs.
Maintain effective working relationships with key business stakeholders.
Research relevant banking, regulation, risk management, and operational topics within the industry.
Maintain technical subject matter internal audit competency through ongoing professional development.
Perform other duties and/or special projects as assigned.
Qualifications and Requirements
Bachelor’s degree in finance, business, or equivalent related field. In lieu of a relevant bachelor’s degree, 9 years’ experience in audit, or related field.
Minimum experience of 5 years in Internal Audit, with preferred expertise in the Financial Services sector.
Knowledgeable and experienced in control theory and auditing practices in a financial/regulatory environment.
Experienced with regulatory guidance (OCC, Federal Reserve, and CFPB) pertaining to internal controls, risk management, and consumer compliance.Demonstrate highly proficient verbal and written communication skills, with ability to articulate the business objectives, business risk, processes, and controls.
Ability and flexibility to travel for business as required.
Desired Characteristics
Currently holds or is actively pursuing CPA, CIA, or other relevant audit or compliance professional designations.
Ability to understand cross‑functional impact of business decisions including operational, compliance and information technology risks.
Ability to objectively identify problems and recommend solutions to complex control, financial, or technical issues.
Able to work independently on multiple assignments while effectively supporting teamwork and achievement of team objectives.
Strong analytical including data analysis, risk management, and problem‑solving skills.
Working knowledge of general banking/consumer finance policies, procedures, and operations in addition to banking products/services.
Compensation & Benefits
Grade/Level: 11
Salary range: $90,000.00 – $155,000.00 USD per year. Eligible for an annual bonus based on individual and company performance. Salaries are adjusted according to market in California, New York Metro, and Seattle.
Eligibility & EEO
Age 18 years or older.
High school diploma or equivalent.
Willing to take a drug test, submit to a background investigation, and provide fingerprints as part of the onboarding process.
Must satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
Legal authorization to work in the U.S. is required. No visa sponsorship.
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 accommodations to qualified individuals with disabilities. If special accommodations are needed, please contact our Career Support Line at 1-866-301-5627 (Monday to Friday 8 am–5 pm CST).
#J-18808-Ljbffr
This position reports into the VP, Internal Audit Growth & Risk Management and is responsible for providing independent and objective assessment of risk management practices, governance, and controls over the company's Risk and Growth functions. The role primarily executes audit engagements that entail reviewing, testing, analyzing, and concluding on the design and effectiveness of the bank’s control environment, continuous monitoring activities, and validation of corrective actions.
Essential Responsibilities
Contribute to the direction and focus of the Internal Audit team's activities through active engagement in risk assessment, audit planning, and continuous monitoring processes.
Conduct testing to independently assess the design and operating effectiveness of controls that mitigate key risks.
Actively participate in complex audit engagements where multiple testers or other teams are involved; manage the completion of testing milestones/tollgates according to required timeframes.
Identify and assess the impact of control deficiencies, including communication to key stakeholders.
Prepare high quality audit deliverables including planning memorandum, discovery documentation, working papers, drafts of audit issues, and audit reports.
Ensure effective and efficient execution of audits and other audit activities in conformance with professional and departmental standards, budgets, and timelines.
Maintain high awareness of emerging risks, regulatory environment, and business risks and issues, taking action to assure required adjustments to risk assessments, audit plans, and audit programs.
Maintain effective working relationships with key business stakeholders.
Research relevant banking, regulation, risk management, and operational topics within the industry.
Maintain technical subject matter internal audit competency through ongoing professional development.
Perform other duties and/or special projects as assigned.
Qualifications and Requirements
Bachelor’s degree in finance, business, or equivalent related field. In lieu of a relevant bachelor’s degree, 9 years’ experience in audit, or related field.
Minimum experience of 5 years in Internal Audit, with preferred expertise in the Financial Services sector.
Knowledgeable and experienced in control theory and auditing practices in a financial/regulatory environment.
Experienced with regulatory guidance (OCC, Federal Reserve, and CFPB) pertaining to internal controls, risk management, and consumer compliance.Demonstrate highly proficient verbal and written communication skills, with ability to articulate the business objectives, business risk, processes, and controls.
Ability and flexibility to travel for business as required.
Desired Characteristics
Currently holds or is actively pursuing CPA, CIA, or other relevant audit or compliance professional designations.
Ability to understand cross‑functional impact of business decisions including operational, compliance and information technology risks.
Ability to objectively identify problems and recommend solutions to complex control, financial, or technical issues.
Able to work independently on multiple assignments while effectively supporting teamwork and achievement of team objectives.
Strong analytical including data analysis, risk management, and problem‑solving skills.
Working knowledge of general banking/consumer finance policies, procedures, and operations in addition to banking products/services.
Compensation & Benefits
Grade/Level: 11
Salary range: $90,000.00 – $155,000.00 USD per year. Eligible for an annual bonus based on individual and company performance. Salaries are adjusted according to market in California, New York Metro, and Seattle.
Eligibility & EEO
Age 18 years or older.
High school diploma or equivalent.
Willing to take a drug test, submit to a background investigation, and provide fingerprints as part of the onboarding process.
Must satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
Legal authorization to work in the U.S. is required. No visa sponsorship.
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 accommodations to qualified individuals with disabilities. If special accommodations are needed, please contact our Career Support Line at 1-866-301-5627 (Monday to Friday 8 am–5 pm CST).
#J-18808-Ljbffr