AVP, Audit Manager - Growth & Risk Management

Internal Audit Position

This position reports into the VP, Growth & Risk Management Audit who is responsible for providing independent and objective assessment of risk management practices including governance, and control framework effectiveness. The incumbent is primarily responsible for the execution of audit engagements that entail the review, testing, analysis, and conclusion over the design and effectiveness of the bank's control environment, continuous monitoring activities and validation of corrective actions.

Our Way of Working

We're proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, near one of our Hubs or come into one of our offices. Occasionally you may be required to commute to our nearest office for in person engagement activities such as business or team meetings, training and culture events.

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. Assess inherent and residual risks, and control environment with expertise in Risk Management Frameworks and Corporate Governance. Identify and assess the impact of control deficiencies. Prepare high quality audit deliverables including planning memorandum, audit programs, working papers, drafts of audit issues, and audit reports. Ensure effective and efficient execution of audits in conformance with professional and departmental standards, budgets, and timelines. Maintain high awareness of economic, regulatory, and business risks and issues, taking action to assure required adjustments to risk assessments, audit plans, and audit programs. Maintain effective working relationship with key business stakeholders. Research relevant banking, regulation, risk management, and operational topics. Maintain technical subject matter internal audit competency through ongoing professional development. Perform other duties and / or special projects as assigned.

Qualifications / Requirements

Bachelor's degree in finance, business, or equivalent related field. In lieu of relevant bachelor's degree, 7 years' experience in audit, or related field. Minimum experience of 3+ years in Internal Audit with preference expertise in the Financial Service 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 credit, model, and consumer compliance. Demonstrate verbal and written ability to articulate the business objectives, business risk, processes, and controls.

Desired Characteristics

Currently holds or is actively pursuing CPA, CIA, 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 data analysis, risk management, and problem-solving skills. Attention to detail.

The salary range for this position is 75,000.00 - 130,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance. Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge. Salaries are adjusted according to market in CA, NY Metro and Seattle.

Eligibility Requirements

You must be 18 years or older. You must have a high school diploma or equivalent. You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process. You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act. New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations). Legal authorization to work in the U.S. is required.