When you work with the world’s most innovative companies, you
know you’re making a difference.
Our clients are the game changers, leaders and investors who
fuel the global innovation economy. They’re the businesses behind
the next medical breakthroughs. And the visionaries whose new
technologies could transform the way people live and work.
They come to SVB for our expertise, deep network and 30+ years
of experience in the industries we serve, and to partner with
diverse teams of passionate, enterprising SVBers, dedicated to an
inclusive approach to helping them grow and succeed at every stage
of their business.
Join us at SVB and be part of bringing our clients’
world-changing ideas to life.
Job Description - Director, Financial Risk and Controls
Director, Financial Risk and Controls - ( 6730 )
TheDirector of Financial Risk and Controls is charged with
responsibilities toensure the SOX program is effective and
efficient in planning, assessing, and reportingeffectiveness of
internal controls over financial reporting. The Director willwork
closely with the Head of Financial Risk and Controls to ensure the
SOXprogram is delivering.
Work closely with the Head of Financial Risk and Controls
tooversee and coordinate the SOX program plan, including members of
the team, tomeet and exceed deadlines, track and document overages,
identify and implementprocess improvements, and prepare team status
reporting. In addition, to ensurethe program plan is aligned
with internal and external stakeholders to meet theneeds of ICFR
Responsible for on-going assessments of internal control
overfinancial reporting (“ICFR”) to verify related risks are
appropriately identified,controls are designed to mitigate related
risks, and controls are operatingeffectively in accordance with
COSO 2013 and to comply with SOX Act 2002. Thiswill include
advising control owners and business risk officers related to newor
updates to controls. In addition, participating in
walkthroughs,leading and reviewing test work, documenting
observations, verifyingremediation is appropriate, and creating
management reporting. Makerecommendations and decisions to
strive for the optimum balance betweenimplementing and executing
control versus the cost of implementing controls toarrive at the
most beneficial result for the Company ICFR structure.
Lead SOX ICFR assessment in higher risk process areas, such
as,Current Expected Credit Losses (CECL), Derivatives, Warrants,
Tax, andimplementation of new processes. This requires a high level
of criticalthinking and application of standards to ensure a strong
control environment isestablished prior to deployment.
Atthe request of the Head of Financial Risk and Controls oversee
projects toachieve stated objectives.
Workclosely with the Head of Financial Risk and Controls to
oversee and coordinatewith both internal and external audit. Work
to add efficiencies andenhanced alignment where possible.
Createtraining curriculum, oversee preparation or prepare
materials, and providetraining to control owners, business risk
officers, and SOX team members asnecessary to ensure an effective
Qualifications Project management expertise with the ability to
drive toward deadlines and escalate issues to effectively deliver
Ability to build relationships and influence key stakeholders
across the enterprise.
Broad understanding of current accounting (U.S. GAAP) and
auditing (GAAS) principles.
Deep understanding of Banking regulations, regulatory reporting
requirements, and ICFR compliance.
Strong understanding of internal control concepts (COSO 2013)
including IIA Standards and various auditing techniques.
Ability to independently lead multiple projects with minimal
direction in a dynamic and fluid environment with rotating
Pro-active, high energy, and strong interpersonal skills with a
team-focused attitude, demonstrating the ability to collaborate and
compromise while building constructive and effective
Aptitude for critical thinking and application, including being
strategic and doing what’s best for the Company in the short and
Strong verbal and written communication skills, including
reportdevelopment and management reporting to senior
Ability to effectively lead direct reports through
accountability,empowerment, and flexibility.
A Bachelors (or Masters) Degree in Accounting (preferred)
Approximately 10 to 15 years performing audit work, which
conformsto professional standards.
Progressive experience in a combination of public accounting
(Big4 or large regional accounting firm) and/or internal audit
experience with abackground in financial services is strongly
A professional certification such as CISA, CPA, CIA.
Primary Location : United States-Arizona-Tempe
Work Locations : Hayden Ferry Hayden Ferry Lakeside I 80 E Rio
Salado Parkway, Suite 600 Tempe 85281
Job : Finance & Accounting
Travel : Yes, 10 % of the Time
Job Posting For more than 30 years, SVB Financial Group (NASDAQ:
SIVB) and its subsidiaries have helped innovative companies and
their investors move bold ideas forward, fast. SVB Financial Group
serves companies in technology-related, life science and
healthcare, venture capital and private equity, and premium wine
industries. Along with commercial, investment, international and
private banking services provided by Silicon Valley Bank, the
company offers funds management, business valuation services,
broker-dealer transactions, asset management and private wealth
management. Headquartered in Santa Clara, Calif., SVB Financial
Group operates in centers of innovation in the U.S. and around the
world. Learn more at www.svb.com.
SVB Financial Group is an equal opportunity employer.
Silicon Valley Bank is registered in England and Wales at
Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK under No.
FC029579. Silicon Valley Bank is authorised and regulated by the
California Department of Business Oversight and the United States
Federal Reserve Bank; authorised by the Prudential Regulation
Authority with number 577295; and subject to regulation by the
Financial Conduct Authority and limited regulation by the
Prudential Regulation Authority. Details about the extent of our
regulation by the Prudential Regulation Authority are available
from us on request.