Senior Financial Control Associate-Vice president

 

The position of the Senior Financial Control Associate has as his/her primary responsibility the assurance that the Grupo Santander NY Unit?s processes for Sarbanes-Oxley compliance are operating effectively.  This position exists to execute the coordination efforts including updating/reviewing process descriptions, financial risks and internal controls identified as well as coordinating the ongoing internal control testing efforts and certification processes.  These functions will be carried out under the direction of the Financial Control Officer.

 

The essential functions of the Senior Financial Control Associate are to:

? Work with the different process owners to assist in preparing, updating or reviewing the detailed descriptions of significant bank processes, the identification of financial risks that exist in the process and the internal controls in place to mitigate those risks;

? Coordinate the development and execution of testing plans with the responsible control owners and/or internal audit teams;

? Coordinate the periodic internal control certification processes;

? Insure that all requests from the Global Sarbanes Oxley Project Management Office are promptly and properly responded to;

? Insure that changes to the Accounting and/or Business structures are timely and accurately reflected into the Sarbanes-Oxley internal control model;

? Provide recommendations for and follow up on the status of any action plans to improve the control environment;

? Maintain the mapping of the chart of accounts to Sarbanes Oxley control model and implement procedures to assure its current status;

? Develop a reporting framework to management including compliance with the internal deadlines and all control initiatives;

? Develop and deliver ongoing training on Sarbanes Oxley requirements to process and control owners; and

? Lead or participate in Control Self Assessments for the NY Unit?s significant business lines and support area.

A.  Knowledge/Skills

 

Knowledge:

 

? Knowledge of US GAAP;

? Knowledge of banking industry accounting requirements and internal controls;

? Knowledge of tools and methods used in organizing, managing and tracking long-term enterprise level projects;

? Knowledge of banking industry regulatory compliance issues a plus; and

? Fluency in oral and written Spanish a plus.

 

 

Skill:

 

? Strong communication (written and oral) and interpersonal skills;

? Must be able to work independently and carry out long term projects;

? Must be able to develop long term relationships;

? Ability to pay close attention to detail;

? Perform routine functions and develop process improvement suggestions; and

? Must be able to communicate effectively with senior managers;

 

 

 

Special Training/Experience:

 

? A minimum of four years of relevant experience in accounting, auditing, risk or other internal control functions in a financial services environment (or in public accounting practice);

? Experience with Sarbanes Oxley requirements;

? Exposure to business and risk controls in a financial services environment is required.

? Experience in treasury or capital markets activity, including derivatives, is a plus;

? Knowledge of technology and information systems is a plus; and

? CPA certification desirable.