Corporate Vice President, Financial Controls Unit (FCU) - IT Process Lead

Date: Jul 4, 2019

Location: Jersey City, NJ, US

Company: New York Life Insurance Co


A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It’s a career journey you can be proud of, and you’ll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of


Responsibilities include:

  • Review and evaluation of evidence for system implementation project oversight and governance which should include, but not be limited to, project strategy, requirements/specifications, project plans, project risks, test strategy, test plans, test execution, user acceptance approval and go-live approval.
  • Review and evaluation of evidence for system pre-implementation requirements which should include, but not be limited to, system description, high-level system flowchart, process workflows, procedures, etc., to ensure they are available and sufficient.
  • Evaluation of system implementation impact on internal control over financial reporting to determine key controls have been designed and subjected to implementation (user acceptance) testing prior to go-live.  
  • Execution and implementation of the MAR/SOX Program primarily related to information technology general controls (ITGCs), application controls, end user computing (EUC) controls and third-party service provider (TPSP) controls.
  • Accountable for testing program for all ITGC, application, EUC and TPSP controls that impact financial reporting.
  • Track and report on business and technology controls testing and deficiencies while adhering to timeline and milestones for overall MAR/SOX Program.
  • Review remediation strategies to address ITGCs and application, EUC and TPSP control failures impacting internal controls over financial reporting.
  • Manage and review the work of co-sourcing resources (on-shore and off-shore) in the execution of walkthroughs and the testing of design and operating effectiveness of controls.
  • Manage the SOC1 report evaluation process for TPSP relationships within the scope of the MAR/SOX Program. This includes collaboration with New York Life’s Third-Party Risk Management team and TPSP relationship owners.
  • Aggregate and compile audit results which will be leveraged for executive level presentations on the state of the information technology control environment.
  • Assist the FCU in presentation to senior/executive management on the state of MAR/SOX information technology controls.
  • Educate business process and control owners throughout the organization on risk and control leading practices through formal trainings and informal dialogue.
  • Coordinate with internal/external risk and control functions (e.g., Risk Management, Information Security, Corporate Audit, external auditors) to improve integration of governance, risk and compliance functions.
  • Aid in the on-going development of New York Life’s MAR/SOX standards, governance, training and practices.



  • Bachelor's Degree with credits in Accounting, Finance, MIS or Computer Science
  • Minimum ten years of experience in IT audit in roles of oversight and/or testing
  • CISSP, CISM, CRISC, CISA preferred
  • Big four experience is strongly preferred
  • Strong knowledge of service organization controls reports (e.g., SOC1s) is required
  • Understanding of key industry control frameworks (NIST Cyber Security Framework, COSO, COBIT, ISO 27000, etc.)
  • Moderate level knowledge and understanding of systems architecture, infrastructure, security and applications
  • Experience in planning, organizing, and conducting detailed IT risk and control reviews
  • Experience in performing and documenting business and technology process walkthroughs
  • Experience in creating testing procedures and documenting substantive testing performed
  • Prior experience performing application and infrastructure layer control assessments
  • Ability to interpret and understand IT policies and standards
  • Ability to implement the risk and controls assessment and advisory strategy
  • Ability to communicate complex IT risk assessment information to non-technical business leaders to ensure they comprehend the risk owned by them
  • Able to effectively communicate evaluation of risk remediation plans to action plan owners to ensure that mitigation activities are appropriately addressed
  • Demonstrated leadership and ability to manage and supervise staff/consultants in a highly productive environment
  • Strong oral and written communication skills. Must be able to effectively communicate with various levels of management, internal customers and auditors
  • Strong management/supervisory, interpersonal and analytical skills
  • Team oriented. Ability to work in a fast-paced environment and shift priorities as necessary
  • Proficient in Microsoft Excel, Word, Access, Visio and Power Point is required






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