Vice President, ICFR

Overview

The VP of ICFR in a SOX Like control environment will frequently interact with other executive leaders as part of managing all ICFR and regulatory compliance processes in a SOX like control environment and ensure alignment with Navy Federal’s overall goals, strategies, mission, and vision. Work closely with AVP/ICFR-SOX, business process owners, and other stake holders in support of the company’s execution of ICFR, Information Technology General Controls (“ITGC”), and regulatory compliance programs. In partnership with the with AVP/ICFR-SOX, oversee the development and execution of the company’s ICFR and ITGC programs while ensuring compliance with regulatory rules under NCUA, GSE servicing requirements, and Generally Accepted Accounting Principles (“GAAP”).

Responsibilities

Oversee the coordinating, reporting, and supervising the testing of ICFR and ITGC controls with ICFR impactOversee all non-IT related risk functions within regulatory and financial (ICFR) risk domains Liaise with Enterprise Risk Management, Finance Risk Management, external and internal auditors, legal, regulatory compliance, and policy regarding ITGC with ICFR and ICFR business processes Liaise with business areas regarding strategy and products/services with impact to Accounting Direct enterprise-wide risk and control initiatives as it relates to ICFR and ITGC w/ICFR impactDirect development of initiatives to improve testing efficiency through the use of data analytics, testing automation, and optimal use of the enterprise GRC toolOversee ITGC controls with ICFR or regulatory impact assessment, providing a single point of contact to verify findings with control owners, monitor remediation activities and provide periodic management reportingOversee the design, develop, and lead the implementation of a SOX like control environment to include the Key Control Matrix, information system control and risk related projects and initiativeCollaborate with business owners and ensure SOX documentation meets Enterprise Risk Management (ERM) frameworkOversee the coordination with IT leadership on the design, implementation, and evaluation of ITGC and automated system controls and configurationsDirect the review control findings and determine severity and impact on the financial statementPartner with business units on remediation of control findingsCollaborate and advise business owners on remediation of operational-related events (e.g., control development consultation) and monitoring plans for accountingOversee change management and risk assessment of new products/services or initiatives (e.g., CECL)Direct the establishment and monitoring of accounting KRIs (threshold and limits) in support of enterprise risk which includes managing and directing general business line view and special program risk reportingServe as a controls subject matter expert regarding business functions, systems, policies, processes and/or procedures with ICFR impactApprove the review and opine on process owner, internal audit, and external auditor findings from a ICFR control deficiency perspective, and prepare summary reports for Executive Management Remain informed of current and proposed accounting, regulatory and ICFR financial changes, standards/practices and regulations and assess the preliminary impact on the organizationApprove final management/board reporting pertaining to ICFR and ITGC with ICFR business processesPerform supervisory/managerial responsibilitiesPerforms other duties as assigned

Qualifications

Bachelor’s Degree in Accounting or Finance, or the equivalent combination of education, training, and/or experience Extensive experience in accounting/finance leadership role; preferably with a Big 4 public accounting firm and/or in a publicly traded banking or financial services environmentExtensive experience in the analysis of financial transactions, related processes and key controls around data supporting general ledger entriesSignificant experience implementing key control matrices, risk assessment, and preparing and reviewing process narratives to identify ICFR controls and ITGC controls with ICFR impactSignificant experience in SOX managementStrong technical understanding and significant experience with US GAAP, SOX, ASC and COSOAbility to effectively interpret and remediate findings from internal and/or auditors and regulatorsSignificant experience directing large project efforts from an information systems perspectiveExpert knowledge of banking/financial industry standards and practicesExecutive level experience managing and leading high performing and engaged teamsExpert skill demonstrating thought leadership in providing vision & strategic thinkingExpert leadership, delegation, coaching, and mentoring skills and the ability to make sound long and short-term business decisionsExpert experience in managing cross-functional, multi-dimensional teams and projects of the highest complexity which have business risk and impact

Desired

Master’s Degree in Accounting or Finance or a related field, or the equivalent combination of training, education, and experienceCertified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA)Project Management Professional (PMP) certificationKnowledge of Public Company Accounting Oversight Board standardsKnowledge of National Credit Union Association “NCUA) and Federal Credit Union Act (FCUA)Knowledge of trade associations in the credit union industry (CUNA, NAFCU)Industry expertiseAdvanced knowledge of Navy Federal's functions, philosophy, operations, and organizational objectivesExperience with credit union financials and/or NCUA regulations

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526

Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume

About Us

You have goals, dreams, hobbies, and things you're passionate about—what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family, and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:

Military Times 2022 Best for Vets Employers WayUp Top 100 Internship Programs Forbes® 2022 The Best Employers for New Grads Fortune Best Workplaces for Women Fortune 100 Best Companies to Work For® Computerworld® Best Places to Work in IT Ripplematch Campus Forward Award - Excellence in Early Career Hiring Fortune Best Place to Work for Financial and Insurance Services

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.