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Atlantic Union Bank · 3 days ago

Director, SOX Compliance-Business & IT Controls (HYBRID-Richmond, VA)

Glen Allen, VA

Full-time

Hybrid

Senior Level, Lead/Staff

10+ years exp

Atlantic Union Bank is seeking a Director – SOX Compliance Business & IT Controls to oversee the enterprise-wide SOX compliance program. This role involves ensuring effective internal controls over financial reporting and collaborating with various departments to maintain compliance with regulatory requirements.

BankingFinancial ServicesWealth Management

Growth Opportunities

Responsibilities

Lead the enterprise-wide SOX compliance program covering both business process controls (“BPCs”) and IT general controls (“ITGCs”) that aligns with best practices and regulatory requirements

Lead the SOX compliance program’s annual scoping, risk assessments, control testing, control rationalization and remediation, as required

Ensure the ITGC framework aligns with COSO and COBIT standards

Lead and mentor a team of professionals, fostering a high-performance culture

Develop and maintain documentation for Business process and IT controls, including narratives, flowcharts, and risk/control matrices, ensuring consistency across processes and businesses

Own and maintain the SOX Compliance program Governance Risk and Compliance (“GRC”) platform

Collaborate with Finance, Business, and Operations, as well as first, second and third lines of defense teams to ensure key business process controls are designed effectively

Provide thought leadership on the development and implementation of effective business process controls

Manage the Finance organization’s first line of defense activities, in coordination with the 1FLOD team

Provide thought leadership and oversee in coordination with the IT team, the development, implementation, and management of IT SOX compliance standards, ensuring robust IT controls

Co-ordinate with the IT management and team, as well as first, second and third lines of defense, to ensure effective design of ITGCs

Serve as primary liaison between management, internal auditors, external auditors, and other vendors engaged in the execution of the SOX compliance program

Provide strategic guidance on SOX considerations on automations, optimization, and emerging technologies

Report regularly to senior leadership and governance committees on SOX status, risks, and mitigation strategies

Conduct ongoing enterprise-wide SOX training for business and process owners

Monitor regulatory developments and industry trends to ensure the SOX program remains current and effective

Identify opportunities to streamline controls, eliminate redundancies, and strengthen risk mitigation

Lead or participate in special projects, as required and assigned

Qualification

SOX complianceIT auditInternal controlsGRC platformsFinancial reportingLeadership skillsStakeholder engagementRisk managementCloud infrastructureCybersecurity frameworksData governanceCommunication skillsProject management