Synchrony · 15 hours ago
VP, Internal Audit - Finance, Platforms & Strategy
Synchrony is a leading financial institution, and they are seeking a VP of Internal Audit to lead risk-based audits of their Client Development & Sales and Strategy organizations. The role involves overseeing audit planning, execution, and maintaining high-quality audit deliverables while fostering an inclusive culture within the audit team.
Consumer LendingFinanceFinancial ServicesInsuranceVenture Capital
Responsibilities
Contribute to the direction and focus of the Internal Audit Team’s activities through active engagement in risk assessment, audit planning, and ongoing monitoring of strategic business changes
Oversee audit planning and execution activities including scoping, setting audit objectives, and defining audit tests. Ensure effective and efficient execution of audit engagements in conformance with professional and department quality standards
Ensure adequate identification and assessment of inherent risks, controls, and residual risks, with expertise in client development, sales conduct, third-party oversight, and strategic planning and M&A
Provide high quality audit deliverables including planning memoranda, audit programs, working papers, audit issues and audit reports. Ensure audit work is performed timely and within the department budgets
Present audit results to various levels of Internal Audit leadership, as well as senior business leaders and maintain effective working relationships with all audit stakeholders
Maintain high awareness of economic, regulatory, and business risks and/or issues, taking action to make any required adjustments to risk assessments, audit plans, and audit programs
Coach and support career development for Internal Audit team members. Serve as a role model by supporting cross-functional efforts and demonstrating collaborative behaviors. Foster an inclusive culture where individual skills, experience, and voice are not only heard – but valued. Retain high-performing talent and continuously search for new talent
Maintain technical subject matter expertise and internal audit competency through ongoing professional development
Perform other duties and/or special projects as assigned
Qualification
Required
Bachelors or advanced degree in finance, accounting, business or an equivalent related field and 10+ years' experience in Internal audit, risk management, or a related field
Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or related certification
Proven experience in risk and control theory and professional auditing practices including internal audit standards and requirements as set out by the IIA
Experience leading, coaching, and developing high-performance teams
Experience working independently on multiple assignments, with minimum supervision, while effectively supporting teamwork and achievement of team objectives
Ability and flexibility to travel for business as required
Preferred
Knowledge and experience with GAAP, SEC, FRB, BHC, OCC, and FDIC regulatory risk management requirements and related guidance
Knowledge and experience with consumer regulations such as Truth in Lending Act, Fair Lending, and Equal Credit Opportunities Act
Understanding of relevant business technologies and their impact to the control environment
Experience working and interacting with regulators (e.g., Fed, OCC)
Strong written and verbal communication skills to deliver to senior management high-quality actionable feedback on a variety of audit related issues
Company
Synchrony
Synchrony is a consumer financial services company.
Funding
Current Stage
Public CompanyTotal Funding
$500M2024-02-15Post Ipo Equity· $500M
2014-08-01IPO
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