Silicon Valley Bank
Head of Financial Risk & Controls (Finance)
Reporting to the Chief Accounting Officer, the Senior Director - Head of Financial Risk & Controls will lead and manage the Company's global SOX Program and oversight for all internal controls over financial reporting activities. The Head of Financial Risk & Controls will be responsible for identifying and evaluating financial and technology risks, evaluating the design of internal controls, and managing a global program that assesses the effectiveness of Internal Control over Financial Reporting. S/he will ensure continuous enhancement of the Group's financial reporting control framework in close cooperation with key stakeholders including key business units, IT, Internal Audit and external auditors. In addition, s/he will have the skills necessary to influence people in a fast-growing global financial services company to ensure effective 1 st line of defense ownership and execution of internal controls.
In addition, this department will act in a consultative capacity as a business partner across SVB by promoting awareness of appropriate internal controls over financial reporting and ensuring the appropriate accountability.
The position will manage a team of 8 to 10 employees including 3 to 4 direct reports.
KEY RESPONSIBILITIES
SVB has an established SOX program with a defined methodology which has been operating successfully for 10 years. However our environment is changing at an accelerating pace driven by overall growth of the company as well as with new system implementations moving us to a more automated environment and continuing sizeable number of manual processes as well. This requires a strong, proactive and influential internal SOX leader (and overall program), specifically with deep expertise in the overall COSO 2013 framework, PCAOB requirements impacting internal control requirements as well as IT and business process frameworks to enable us to evaluate, design and execute new controls addressing key risks. Specifically, the key responsibilities for this role are summarized below:
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PREFERRED QUALIFICATIONS