Live Oak Bank · 5 hours ago
Control Lead - IT
United States
Full-time
Remote
Senior Level
$144K/yr - $206K/yr
5+ years expLive Oak Bank is a digital bank that serves small business owners across the country. The Control Lead – IT enhances the reliability and integrity of financial reporting systems by embedding strong IT control governance within technology operations, ensuring compliance with SOX requirements and promoting secure systems.
BankingCreditFinancial ServicesLending
Responsibilities
Partner with business unit leaders and control owners to ensure key controls are designed effectively, implemented correctly, documented accurately, and updated for process/system changes utilizing the RCSA process
Coordinate SOX walkthroughs and maintain narratives, flowcharts, and risk/control matrices for change management, logical access, operations, and system interface controls
Oversee SOX scoping, reliance strategy, and testing readiness for key SOX applications and system environments
Monitor IT control performance across relevant systems, ensuring timely evidence collection and support for internal and external audit reviews
Support evaluation of control exceptions, root cause analysis, and documentation of corrective actions and remediation progress
Prepare periodic updates for the Head of SOX on IT control issues, audit readiness, and emerging risks
Train and coach system and control owners on SOX responsibilities, documentation standards, and evidence expectations
Liaise with external auditors and IT risk assurance teams to facilitate testing, clarify process questions, and streamline information requests
Work closely with control owners to act as the lead for identification and reporting new self-identified control issues
Identify opportunities to automate evidence, enhance control efficiency, and strengthen alignment between business and technology controls
Act as the 'SOX Champion' within Technology, fostering collaboration between IT, Finance, and Risk teams
Act as a risk champion within the Technology function, supporting risk assessments, issue tracking, and continuous monitoring activities
Partner with Technology, Labs, and Security teams to implement automated control solutions and improve system reliability
Coordinate internal audit and regulatory exam requests (FDIC, SEC, State Regulators, etc.) related to technology and data environments
Participate in system implementations and upgrades to assess control impacts and ensure SOX implications are addressed proactively
Facilitate collaboration between first-line technology teams, second-line risk/compliance, and third-line audit functions
Support alignment between IT controls and financial reporting processes to ensure end-to-end system reliability
Qualification
Required
Bachelor's degree in Information Systems, Accounting, or a related field
5–10 years of experience in IT auditing, SOX ITGC testing, or equivalent experience supporting technology controls in a financial institution
Strong understanding of ITGC frameworks (COSO, COBIT, NIST) and SOX compliance requirements
Proven experience evaluating system change management, logical access, operations, and interface controls or experience designing and implementing controls related to change management, logical access, operations, and SDLC controls
Excellent communication skills and the ability to bridge technical and financial perspectives
Strong organizational skills with the ability to manage multiple priorities and deadlines
Preferred
CPA or CIA certification
Experience with ITGC reliance models, key SOX application governance, or automated control testing
Familiarity with cloud environments, system integrations, and financial systems architecture
Prior experience working with Workiva, Monday.com, Salesforce, Workday, centralized logical access software, and Banking Cores
Benefits
Paid sick leave
Company
Live Oak Bank
Live Oak Bank is a financial service company that offers banking services and products for small and medium businesses.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$176.09M2025-07-28Post Ipo Equity· $100M
2017-11-21Series Unknown· $1.14M
2015-08-07IPO
Leadership Team
Neil Underwood
President and Chief Operating Officer
Evan Travis
SVP, Venture Banking
Recent News
2025-12-02
Company data provided by crunchbase