AVP, Audit Manager - Compliance

Synchrony - Kansas City, KS

Full-time - Mid Level

Remote - Kansas City, KS

Credit Intermediation and Related Activities

About the position

The Compliance Auditor position at Synchrony is responsible for planning and executing compliance audit engagements to assess the effectiveness of the bank's control environment and validate corrective actions. The role requires a high level of autonomy in conducting audits, documenting processes, and presenting findings to leadership, while ensuring adherence to regulatory compliance standards.

Responsibilities

• Participate as a key team member on scheduled audits, executing audit projects from start to finish with high level of autonomy
• Conduct and document detailed process walkthroughs with management, including the identification of process risks and controls
• Develop test procedures for control design assessment and operative effectiveness testing
• Document clear audit workpapers, narratives and process flows that succinctly articulate the process, risks, controls, and testing performed
• Ensure effective and efficient execution of audits in conformance with professional and department quality standards
• Identify control gaps or control deficiencies and assess the impact of Regulatory Compliance
• Ensure timeliness of audit work and ensure audit is performed within budget
• Present audit results to various levels of internal audit leadership, as well as the business organization
• Produce high quality audit project results across multiple business areas
• Perform research on consumer banking regulatory compliance and other banking operations and finance topics
• Maintain internal audit competency through ongoing professional development
• Perform other duties and/or special projects as assigned

Requirements

• Bachelor's Degree in accounting, finance, business, related field, or equivalent. In lieu of relevant bachelor's degree, 7+ years experience in audit, or related field.
• Minimum of 3+ years internal audit, public accounting, banking operations, banking compliance, or other equivalent.
• Understanding of regulatory financial industry related guidance such as consumer bank regulations, such as TILA, UDAAP, ECOA/Fair Lending, AML/BSA, TISA, Reg W, Reg O, FCRA, FDCPA
• Demonstrate verbal and written ability to articulate the business objectives, business risk, processes, and controls.

Nice-to-haves

• Currently holds or is actively pursuing CRCM or CAMs, or other relevant professional designation/association.
• 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 risk management, data analysis, and problem-solving skills.

Benefits

• Annual bonus based on individual and company performance
• Flexible work options including remote work
• Professional development opportunities