Senior Associate - SOX Auditor
132 Grand Street-NH513
If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935 by Harold Webster Smith, our focus has always been to put people first--doing whatever we can to help individuals, families and businesses achieve their financial goals. And while we've grown into a leading commercial bank, we remain passionate about serving our customers, supporting our communities, and making a difference in people's lives. We can make a difference in your life, too. By empowering you to build the meaningful career you've been looking for.
Responsibility, respect, trust, teamwork and citizenship are the values on which Webster was founded. Together we call them The Webster Way, and they are what set us apart as a bank and an employer. Guided by these values, we put people first - working hard to live up to our customers, and each other, every day.
The SOX Office is responsible for performing the assessment of internal controls over financial reporting necessary to support management's certification of design and effectiveness of Webster's internal control environment as required under Sarbanes Oxley's Sections 302 & 404 as prescribed by PCAOB standards.
This position fits into the SOX Office staffing model. The SOX Office staffing model is designed to meet its mandate to successfully comply with regulatory requirements. The staffing model was developed and approved by the Management Group within the Organization's Finance Department. The management approved staffing model was then submitted to Webster's Audit Committee for review and consideration. The Audit Committee approved the staffing model during their 1st Quarter 2017 meeting, held on April 24, 2017.
The Senior Associate function leads the execution of SOX work streams in the design and testing phases of the 302/ 404 phases of assessment supporting management's certification. This includes leading walkthroughs, documentation construction, RCM development, test execution and issue development. This includes but is not limited to;
- Develop and maintain a business network within assigned area of responsibility
- Validate current state business processes
- Facilitate risk assessments
- Lead specific assessments of financial control design and testing
- Validation of control weaknesses
- Draft severity assessments
- Assessment of management action plans.
- Draft SOX issues.
- Lead remediation activities
- Review audit work papers.
- Lead, coach and mentor audit staff members.
- Support SOX Office administrative functions and requirements.
Job Reference #: 5000287902106