Synchrony Financial Hiring For AVP, IT SOX Manager (L10) at India Full Time

Role Title: AVP, IT SOX Manager (L10)

Company Overview:

COMPANY OVERVIEW: Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #5 among India’s Best Companies to Work for 2023, #21 under LinkedIn Top Companies in India list, and received Top 25 BFSI recognition from Great Place To Work India. We have been ranked Top 5 among India’s Best Workplaces in Diversity, Equity, and Inclusion, and Top 10 among India’s Best Workplaces for Women in 2022.

• We offer 100% Work from Home flexibility for all our Functional employees and provide some of the best-in-class Employee Benefits and Programs catering to work-life balance and overall well-being. In addition to this, we also have Regional Engagement Hubs across India and a co-working space in Bangalore

Organizational Overview:

The AVP, IT SOX Manager will be part of the IT SOX Testing team within the Internal Audit department. The SOX team is the 3rd line of defense and is responsible for executing all IT SOX 404 related controls from both design and operating effectiveness perspectives. The position is based in India.

Role Summary / Purpose:

Responsible for ensuring appropriate IT controls are identified and tested on a regular basis to comply with regulatory requirements. The position focuses on engagement planning, risk assessment, and execution of testing for control requirements with an IT focus. The role involves reporting to both internal and external stakeholders on the effectiveness of the IT control framework to mitigate operational, regulatory, and financial risksts.

Key Responsibilities:

• Lead, develop and execute IT general controls and IT application control testing and producing high quality deliverables according to departmental and professional standards while ensuring testing are completely timely and within budget.

• Assist with conducting annual risk assessments to determine significant IT systems, platforms and applications in scope for SOX testing.

• Identify control gaps and potential issues, discuss viable solutions with the business to address gaps, and obtain management action plans for remediation.

• Ensure controls are documented and accurately aligned with Internal Audit standards and professional framework.

• Communicate test results to leaders and other stakeholders throughout the business, and provide periodic updates to external auditors.

• Interact and collaborate with stakeholders and process owners throughout the organization to implement necessary process and control modifications to mitigate operational, regulatory, and financial risks.

• Provide interpretation and guidance to process owners regarding key risks and controls within the IT function.

• Perform issue validation and close audit findings.

• Provide effective challenge to the business regarding the assessment of risks and controls within the IT function.

• Comprehensive understanding of a wide variety of technologies and systems, such as Windows, Linux, Oracle, SQL Server.

• Proven effective time and project management skills by demonstrating the ability to manage and coordinate multiple projects and deadlines to ensure all assigned projects are being completed on time with high quality.

• Self-motivated individual with the ability to operate independently.

• Strong communication skills regarding work progress and ability to prioritize projects. Tracking progress of action plans, review, testing status and report to management.

• Demonstrate strong subject expertise in terms of IT testing and auditing skills.

• Perform other duties and/or special projects as assigned.

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Required Skills/Knowledge:

• Bachelor’s degree in Information Technology, Management Information Systems, Business Administration or an equivalent area of focus with minimum 5+ years of overall experience, or in lieu of a degree minimum 7+ years of overall experience

• Minimum 5+ years of Big 4 accounting firm experience in IT SOXor 5+ years in the industry with SOX 404 regulatory requirements specific to the IT audit environment.

• Testing and other Assurance function specific to IT audit/control testing.

• Relevant industry certifications – CISA, CISM, CISSP, CRISC, CGEIT

• Proven track records of delivering on IT audits and testing.

• Strong Microsoft Office, including Excel, Word, PowerPoint, Outlook skills are required.

• Effective written, analytical, project management and verbal communication skills.

Desired Skills/Knowledge:

• 5+ years in Financial Services Industry, with IT audit focus.

• Understanding and application of the COBIT and ISACA risk and control framework

• Familiar with Data Science or analytics tools and techniques, such as ACL, SAS, Pythons, etc.

• Demonstrated ability to communicate effectively with various levels of stakeholders

Eligibility Criteria:

Bachelor’s degree in Information Technology, Management Information Systems, Business Administration or an equivalent area of focus with minimum 5+ years of overall experience, or in lieu of a degree minimum 7+ years of overall experience

Work Timings: This role qualifies for Enhanced Flexibility and Choice offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time – 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Please discuss this with the hiring manager for more details.

For Internal Applicants:

• Understand the criteria or mandatory skills required for the role, before applying

• Inform your manager and HRM before applying for any role on Workday

• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

• Must not be any corrective action plan (First Formal/Final Formal, PIP)

• Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible

• L08+ Employees can apply

Level/Grade: 10

Internal Audit