Job Information
Amalgamated Bank SOX Compliance Manager in New York, New York
The SOX Compliance Manager is responsible for assisting and supporting the Head of SOX Compliance in administering and facilitating the Company’s Sarbanes-Oxley (SOX) program, including planning, risk assessment, process understanding, internal control design, documentation and daily Workiva Administration. This role provides a unique opportunity to develop a deep understanding of the Bank’s business and IT processes while working closely with the Finance team, Enterprise Risk team, Internal Audit team, and cross-functional business units to identify, design, and document Amalgamated Bank’s internal control environment. This position will report to the Head of SOX Compliance and work in partnership with key stakeholders, business process owners, control owners, co-sourced SOX resources, and the external and internal auditors. This person will play a critical role in ensuring the bank's financial reporting processes and internal controls are in line with regulatory standards and best practices.
Essential Job Functions:
Support and assist the Head of SOX Compliance in the development, improvement and maintenance of an effective control environment that complies with the testing and reporting requirements of SOX 404 including entity level, process level and information technology general controls.
Learn and utilize the Workiva SOX Compliance software to develop and manage the SOX project lifecycle, including the build out of risk assessments, identification of SOX significant systems, documentation of various business processes, and identification of key controls for testing by Internal Audit.
Coordinate and collaborate with various department heads to assess the adequacy and completeness of controls (inclusive of manual and automatic controls related to IT/Information Security) to ensure SOX 404 objectives, quarterly/annual deliverables, and timelines are met.
Provide subject matter expertise on control design and implementation, and guidance for remediation efforts related to any exceptions identified by either regulators, internal audit, or external audit.
Work closely with Internal Audit (including co-sourced providers) to support design of testing, coordinate audit requests, and ensure timeliness of any remediation testing.
Serve as a liaison between process owners, internal audit (including co-sourced providers) and external auditors by developing strong working relationships and managing audit requests/deliverables.
Proactively identify and monitor process and system changes that have a direct impact on the Company’s financial statements and related disclosures to ensure SOX impacts are considered.
Assist in creating a SOX repository of internal policies, risk assessments, process narratives, flowcharts, control inventory, SOX applications, and key reports.
Assist in the preparation of periodic SOX status dashboards, reports, and executive summaries to business units and the Company’s SOX Committee and Audit Committee of the Board.
Assist in the coordination of quarterly SOX sub-certification exercise.
Provide guidance and training to employees on SOX compliance matters, including the importance of internal controls and their role in financial reporting integrity.
Participate in ad-hoc projects as necessary.
Knowledge, Skills, and Experience Requirements:
Bachelor’s degree in Accounting, Finance or related field required; MBA or Master’s degree in Accounting a plus.
Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) preferred.
Minimum 5+ years of financial/SOX or operational audit experience from a Public Accounting Firm (preferred) or internal experience within the Banking industry.
Experience using Workiva, Microsoft Visio, and/or Microsoft Power BI preferred.
Excellent knowledge of SOX compliance programs, in addition to US GAAP, SEC rules and regulations, COSO Internal Control Framework, and FDIC reporting requirements.
Excellent analytical and problem-solving skills, with the ability to identify control weaknesses and propose effective solutions.
Excellent interpersonal, organizational, time management, and communication skills.
Detail-oriented and highly organized, with the ability to manage multiple priorities and meet deadlines.
Commitment to ethical conduct and a strong understanding of the importance of social responsibility in banking.
Our job titles may span more than one career level. The starting base salary for this role is between $125,000.00 – $140,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.
Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. (https://www.eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf) AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement (https://www.amalgamatedbank.com/sites/default/files/pay-transparency.pdf) . Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.