Business Controls Advisor Principal

We are a hybrid, remote-office company dedicated to growing our talent anywhere!

We have onsite locations in: Sioux Falls, SD, Scottsdale, AZ, Troy, MI, Franklin, TN, Dallas, TX

At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.

We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our *HUMBLE*HUNGRY*SMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve. 

About the Role:

A trusted advisor for Banking as a Service (“BaaS”) leadership by assisting the first line of defense with managing their overall effectiveness of risk and controls. Responsible for ensuring adherence to the governance of the established risk framework and ongoing supervision of business controls including risk and control self-assessments, providing consultation on new, existing and/or changed processes, facilitating control remediation, and monitoring the first line of defense to minimize risk exposures and strengthen the overall control environment.

What You Will Do:

• Understands and facilitates alignment among policies, program standards, work procedures and external guidelines. Identifies any gaps and drives corrective action.
• Identifies and monitors operational and strategic risks along with associated Key Risk Indicators.
• Identifies and implements controls and procedures to mitigate risks supporting operational and strategic risk management efforts.
• Acts as a liaison for all internal/external audits and communicates directly with internal/external auditors.
• Translates control deficiencies into action plans. Contributes to the enhancement of governance practices in alignment with risk and compliance frameworks.
• Provides guidance in the creation and execution of Risk Control Self-Assessments (RCSA's).
• Partners with business units to assess the impact of failed controls and build appropriate remediation plans.
• Responsible for escalating issues and findings to appropriate stakeholders, including senior management.
• Remains current on regulatory policy, program standards and work procedures ensuring proper compliance with processes and requirements are followed.
• Applies subject matter expertise across departments.
• Other duties as …