Senior Financial Control Analyst

Western Alliance Bank - Grove City, OH

Full-time - Mid Level

Grove City, OH

Credit Intermediation and Related Activities

About the position

The Senior Financial Control Analyst (FCSA) at Western Alliance Bank will play a crucial role in executing and delivering test work on financial internal controls in compliance with the Sarbanes Oxley Act and FDICIA requirements, collectively referred to as ICOFR. This position is pivotal in evaluating the design and operational effectiveness of processes and internal controls to ensure adherence to ICOFR requirements. The FCSA will assist in identifying and assessing the root causes of any identified issues, with the goal of strengthening and improving controls across the organization. Reporting directly to the Associate Director of Financial Control, the FCSA will frequently interact with key stakeholders throughout the company, including front-line business operations, support service groups, and the technology department. In this role, the FCSA will partner with various departments to formally document and test the ICOFR process. This includes maintaining a current log of observations and deficiencies noted during the annual ICOFR testing project, along with their remediation status. The FCSA will also be responsible for maintaining SOX software (Workiva) to ensure a well-documented and organized SOX program and testing work papers. Effective communication is essential, as the FCSA will need to communicate the status of the internal controls process to management, including any control deficiencies identified and the plans for their resolution. The position requires a strong understanding of the business and industry, as well as the organizational structure and regulatory environment. Establishing and maintaining relationships with the company's staff and management, as well as external auditors, through effective communication will facilitate a proactive assessment of the company's risk profile.

Responsibilities

• Execute and deliver test work on financial internal controls in compliance with ICOFR requirements.
• Evaluate the design and operational effectiveness of processes and internal controls.
• Assist in identifying and assessing root causes of identified issues to strengthen and improve controls.
• Document the ICOFR process by updating comprehensive risk and control matrices/programs for assigned process areas.
• Perform detailed test work on the ICOFR process, including walk-throughs and tests of operating effectiveness on key controls.
• Maintain a current log of observations and deficiencies noted throughout the annual ICOFR testing project, including their remediation status.
• Maintain SOX software (Workiva) to provide a well-documented and organized SOX program and testing work papers.
• Follow up on the disposition of exceptions.
• Develop an understanding of the business, industry, organizational structure, and regulatory environment.
• Establish and maintain relationships with staff, management, and external auditors through effective communication.

Requirements

• Strong organizational, communication, and interpersonal skills to work with all levels of management.
• Effective communication of issues through written reports, verbal discussions, and presentations.
• Exceptional organizational and time management skills.
• Undergraduate degree in Accounting, Finance, Business Administration, or a relevant field required.
• Minimum of two years of experience in Internal Controls, Internal Audit, and/or public accounting required.
• Experience in the financial services industry is a plus.
• Professional certification of Certified Internal Auditor (CIA) or Certified Public Accounting (CPA) or working towards one of those certifications is a plus.
• Detail-oriented and proficient in Microsoft Office applications.
• Working knowledge of internal control analyses and risk assessment methodologies, COSO framework, IIA standards, FRB Supervisory Letter 13-11 standards, generally accepted accounting principles, and/or Sarbanes-Oxley Section 302/402 requirements.
• Ability to travel regionally up to 20%.

Nice-to-haves

• Experience in the financial services industry is a plus.
• Professional certification of Certified Internal Auditor (CIA) or Certified Public Accounting (CPA) or working towards one of those certifications is a plus.

Benefits

• Competitive salaries
• Ownership stake in the company
• Medical and dental insurance
• Time off
• 401k matching program
• Tuition assistance program
• Employee volunteer program
• Wellness program
• Opportunity to learn about successful company operations and finance management.