About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
How This Role Impacts Live Oak And Its People
The
Control Lead – IT enhances the reliability and integrity of Live Oak’s financial reporting systems by embedding strong IT control governance within technology operations. This role ensures that systems supporting financial reporting processes operate within a robust control environment aligned with SOX requirements. By partnering closely with technology and finance leadership, the Control Lead promotes secure, well-controlled systems and drives consistency across the design, documentation, and operation of ITGCs, access controls, and system interfaces.
This position may be based on-site or remote. For remote employees, periodic travel to Live Oak offices may be required for walkthroughs, audits, training, and collaboration sessions.
What You’ll Do At Live Oak
- Partner with business unit leaders and control owners to ensure key controls are
- designed effectively, implemented correctly, documented accurately, and updated for process/system changes utilizing the RCSA process
- Coordinate SOX walkthroughs and maintain narratives, flowcharts, and risk/control matrices for change management, logical access, operations, and system interface controls
- Oversee SOX scoping, reliance strategy, and testing readiness for key SOX applications and system environments
- Monitor IT control performance across relevant systems, ensuring timely evidence collection and support for internal and external audit reviews
- Support evaluation of control exceptions, root cause analysis, and documentation of corrective actions and remediation progress
- Prepare periodic updates for the Head of SOX on IT control issues, audit readiness, and emerging risks
- Train and coach system and control owners on SOX responsibilities, documentation standards, and evidence expectations
- Liaise with external auditors and IT risk assurance teams to facilitate testing, clarify process questions, and streamline information requests
- Work closely with control owners to act as the lead for identification and reporting new self-identified control issues
- Identify opportunities to automate evidence, enhance control efficiency, and strengthen alignment between business and technology controls
- Act as the “SOX Champion” within Technology, fostering collaboration between IT, Finance, and Risk teams
Additional Areas of Impact:
- Risk Management & Controls Culture: Act as a risk champion within the Technology function, supporting risk assessments, issue tracking, and continuous monitoring activities
- Process & System Improvement: Partner with Technology, Labs, and Security teams to implement automated control solutions and improve system reliability
- Audit & Regulatory Exam Readiness: Coordinate internal audit and regulatory exam requests (FDIC, SEC, State Regulators, etc.) related to technology and data environments
- Project & Change Management: Participate in system implementations and upgrades to assess control impacts and ensure SOX implications are addressed proactively
- Coordination Across Lines of Defense: Facilitate collaboration between first-line technology teams, second-line risk/compliance, and third-line audit functions
- Technical & Financial Integration: Support alignment between IT controls and financial reporting processes to ensure end-to-end system reliability
Required Experience
- Bachelor’s degree in Information Systems, Accounting, or a related field
- 5–10 years of experience in IT auditing, SOX ITGC testing, or equivalent experience supporting technology controls in a financial institution
- Strong understanding of ITGC frameworks (COSO,COBIT, NIST) and SOX compliance requirements
- Proven experience evaluating system change management, logical access, operations, and interface controls or experience designing and implementing controls related to change management, logical access, operations, and SDLC controls
- Excellent communication skills and the ability to bridge technical and financial perspectives
- Strong organizational skills with the ability to manage multiple priorities and deadlines
Preferred Experience
- CPA or CIA certification
- Experience with ITGC reliance models, key SOX application governance, or automated control testing
- Familiarity with cloud environments, system integrations, and financial systems architecture
- Prior experience working with Workiva, Monday.com, Salesforce, Workday, centralized logical access software, and Banking Cores
Our Values
- Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
- Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
- Respect: Treat everyone with courtesy, politeness, and kindness.
- Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
- Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more
For a detailed overview of our employee benefits please visit:
http://www.liveoakbank.com/careers/
Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at HumanResources@liveoak.bank.
EEO is the Law
The base pay range for this position is $143,920.00 - $205,600.00 per year. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.
