Manager, SOX IT & Third Party Risk Manager

$100,000 - $120,000/Yr

ML Enterprise Corporation - New York, NY

Full-time - Mid Level

New York, NY

Clothing, Clothing Accessories, Shoe, and Jewelry Retailers

About the position

The Manager, SOX IT will play a critical role in ensuring compliance with the Sarbanes-Oxley Act (SOX) regulations pertaining to information technology systems and controls. This individual will be responsible for overseeing the implementation, maintenance, and assessment of IT controls to safeguard financial reporting processes. The ideal candidate will possess a strong background in IT audit, risk management, and regulatory compliance within the financial services industry. The position is expected to be present in the NYC office, 4 days per week. In this role, you will develop and maintain a comprehensive understanding of SOX requirements related to IT controls and processes. You will collaborate with cross-functional teams to identify key IT risks and assess the design and effectiveness of controls to mitigate these risks. Leading the planning, execution, and documentation of IT control testing procedures in accordance with established methodologies and timelines will be a key responsibility. You will evaluate control deficiencies and work with relevant stakeholders to develop remediation plans and monitor the implementation of corrective actions. Staying abreast of emerging trends, regulations, and best practices in IT governance, risk management, and compliance is essential. You will serve as a subject matter expert on IT-related matters during internal and external audits, regulatory examinations, and inquiries. Facilitating communication and training initiatives to promote awareness of SOX requirements and foster a culture of compliance within the organization will also be part of your duties. Regular updates and reports to senior management on the status of SOX IT compliance efforts and key findings will be expected.

Responsibilities

• Develop and maintain a comprehensive understanding of SOX requirements related to IT controls and processes.
• Collaborate with cross-functional teams to identify key IT risks and assess the design and effectiveness of controls to mitigate these risks.
• Lead the planning, execution, and documentation of IT control testing procedures in accordance with established methodologies and timelines.
• Evaluate control deficiencies and work with relevant stakeholders to develop remediation plans and monitor the implementation of corrective actions.
• Stay abreast of emerging trends, regulations, and best practices in IT governance, risk management, and compliance.
• Serve as a subject matter expert on IT-related matters during internal and external audits, regulatory examinations, and inquiries.
• Facilitate communication and training initiatives to promote awareness of SOX requirements and foster a culture of compliance within the organization.
• Provide regular updates and reports to senior management on the status of SOX IT compliance efforts and key findings.

Requirements

• Bachelor's degree in Information Systems, Computer Science, Finance, or related field.
• Advanced degree or professional certifications (e.g., CISA, CISSP, CPA) preferred.
• A minimum of 3-5 years of relevant experience in IT audit, risk management, or compliance, preferably within the financial services industry.
• Strong understanding of SOX requirements, COSO framework, and industry-standard IT control frameworks (e.g., COBIT, NIST).
• Demonstrated ability to assess complex IT processes and systems, identify control deficiencies, and develop practical recommendations for improvement.
• Excellent analytical skills with a keen attention to detail and the ability to interpret and apply regulatory guidance.
• Effective communication skills, including the ability to articulate technical concepts to non-technical stakeholders and influence decision-making at all levels of the organization.
• Proven project management skills with the ability to prioritize tasks, manage multiple initiatives concurrently, and meet deadlines in a fast-paced environment.
• Proficiency with audit management tools and software.

Nice-to-haves

• Experience in the financial services industry is preferred.
• Familiarity with advanced AI-backed data and tools in financial technology.

Benefits

• Competitive salary packages and bonuses
• Comprehensive medical, dental, vision and life insurance benefits
• Equity based compensation
• Wellness perks
• Paid parental leave
• Unlimited Paid Time Off
• Learning and Development resources
• Flexible working hours