Sr. Auditor (IT)

Silvergate Capital Corporation (NYSE: SI) is the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry. The Company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending and funding solutions serving an expanding class of digital currency companies and investors around the world. Silvergate is enabling the rapid growth of digital currency markets and reshaping global commerce for a digital currency future. Challenging convention by empowering people allows us to exceed expectations for our clients while cultivating an awesome culture.

The Senior Auditor – IT is responsible for performing project and technology related audit and assessment work, including but not limited to; communicating with IT and business team members, preparing documentation for audits of projects, both technology and business related, as well as traditional audits performed by internal staff and co-sourced with audit firms. This individual will possess an analytical mind with broad knowledge of IT systems, application architecture, and infrastructure. They must be capable of maintaining the confidentiality of sensitive information while working with a variety of technologies and information security challenges. Required skills include problem-solving, communication (written and oral), critical thinking, an understanding of various project management methodologies, a meticulous attention to detail, and an appetite for learning.

ESSENTIAL DUTIES AND RESPONSIBILTIES

Internal IT and Project Audit Delivery

• Possess a strong Information Technology background in systems, processes, and IT environments with the ability to develop a strong understanding of Silvergate’s business and systems
• Participate in project meetings and activities to evaluate success criteria and project management core tenets for successful projects
• Communicate complex technical issues in simplified terms to the relevant staff at all levels in the organization
• Experience with project management and the application of technology for end users
• Proficient in managing multiple tasks simultaneously while communicating with all stakeholders and focused on delivering satisfactory outcomes
• Act as a liaison to firms contracted to perform outsourced internal audits
• Examine internal IT controls, evaluate the design and operational effectiveness, determine exposure to risk, and evaluate remediation strategies
• Assist management in finding practical solutions to address issues identified through audit activity
• Develop and implement project plans to ensure delivery in accordance with agreed timelines
• Understand the different types of network and system vulnerabilities and the principles behind testing
• Perform regular audit testing and evaluate action plans for likelihood of addressing vulnerabilities or control gaps
• Review, evaluate, and test application controls
• Provide guidance on identified security and control risks
• Maintain up-to-date competencies required for effective internal audit delivery
• Independently evaluate internal control processes and documentation
• Assist external auditors and regulators in the execution of their duties
• Identify and report any practices that may be misleading, unfair, deceptive and/or abusive in nature and cause harm to consumers
• Select and use appropriate research, business intelligence, and problem-solving techniques to analyze and solve complex situations
• Apply the organization’s audit methodology and execute audit procedures to meet specific audit engagement objectives
• Maintain objectivity throughout all audit engagements
• Manage all resources efficiently to ensure the engagement objectives are met
• Develop and ensure all working papers are a true reflection of the activities performed during the audit engagement
• Follow up with management to ensure management actions have been effectively implemented or that senior management has accepted the risk of no action

Governance, Risk, and Control

• Participate in enterprise-wide Internal Audit Risk Assessment
• Contribute to the development of a risk-focused culture within the organization
• Create audit engagement plans based on the risk and its impact on the organization
• Assess and considers the potential for fraud risk and identifies common types of fraud associated with the organization and subsequent internal audit engagements
• Maintain an understanding of the processes used to support fraud investigations
• Maintain knowledge of the organization and its risks
• Maintain industry specific knowledge appropriate to facilitate audit engagements
• Demonstrate sound working knowledge of the quality control frameworks relevant to the audit engagements

Communication and Collaboration

• Communicate regularly regarding progress/realization of the assigned audit projects, including the status of any major audit findings
• Secure the trust of others through positive use of communication
• Foster open communication
• Demonstrate respect for others and customize messages to reflect the needs of the target audience
• Uphold service orientated attitude
• Maintain independence and objectivity in all situations
• Solicit management responses and recommends remediations for consideration for each identified internal controls process; develop a system to monitor progress on remediations
• Perform continuous improvement efforts to ensure the design of key controls is improved to mitigate risk of human error and other design deficiencies
• Develop and implement new tools, assists in defining requirements, identifying data sources, analyzes data, and prepares reports as necessary
• Assist with initiatives and special projects as directed
• Identify and reports any practices that may by misleading, unfair, deceptive and/or abusive in nature and cause harm to consumers

Decision Making

• Identify and analyze diverse problems affecting the bank and the financial industry to assist in managing emerging risks to the bank
• Provide independent judgment in studying previously established, often partially relevant, guidelines, plan various interrelated activities, and coordinate such activities while completing a project
• Maintains current knowledge of all federal and state laws and regulations, along with the Bank’s policies and procedures
• Must adhere to the company’s core values of Challenge Convention, Do What’s Right, Take Ownership, Empower People, Exceed Expectations, and Cultivate Awesome all while keeping our “Why?” front of mind. Our Why? Silvergate is the banking platform for innovators, and we believe in the power of entrepreneurs to create prosperity for our communities
• Not to harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice

KNOWLEDGE, SKILLS, AND ABILITIES

•  Bachelor's degree in a technology/business related field
• Proficiency in information technology concepts and IT general controls (security, change management, computer operations), system development lifecycle methodology, database design and IT operations management
• In-depth knowledge of all business processes and their relation to each other, as well as process controls and risks, and the ability to understand how this relates to relevant IT audit procedures
• Ability to work independently in areas of a difficult or complex nature
• Project management skills, including the ability to manage shifting priorities
• Strong analytical, written/verbal communication, interpersonal, and relationship building skills
• High level of expertise in collaboration and communication with internal and external parties
• Exemplify a positive attitude, strong work ethic, teamwork, and professionalism
• Certified Information Systems Auditor (CISA), and/or master’s in business administration preferred

BANK SECRECY ACT 
Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank’s customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.

WORK CONDITIONS
Remote work environment.

PHYSICAL DEMANDS
While performing the duties of this job, the employee is:

• Regularly required to talk or hear
• Required to sit for long periods and reach with hands and arms
• Occasionally required to stand; walk
• Occasionally required to lift up to 10 pounds (items such as computer and workstation equipment)
• Must be able to communicate with customer and coworkers verbally and in writing
• Able to read documents, computer screens, reports, other communications and have the ability to adjust focus and close vision

Management reserves the right to add to, change and revise this description at any time. This description does not include any marginal functions that are incidental to the essential functions. Also, it does not imply that these are the only tasks to be performed by the incumbent. Employees are required to follow any other job-related instructions and to perform any other job-related tasks requested by their supervisor. Any requirement may be modified to reasonably accommodate individuals with disabilities.

Silvergate is an EEO/AA/Disability/Vet

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

Salary Range: 
$108,675 - $132,825 annually