Fintech Financial Controls Analyst

RESPONSIBILITIES TO INCLUDE

• Obtain and document partner controls relevant to Coastal’s ICFR requirements and map those controls to Coastal’s Partner ICFR Framework.
• Maintain partner ICFR control inventories, alternative control testing documentation, gap tracking, and supporting evidence.
• Receive identified control or assurance gaps from Financial Controls, Coastal’s partner risk function, or other responsible teams and determine the specific partner control or control objective requiring targeted testing.
• Develop and perform targeted alternative testing procedures consistent with Coastal’s approved methodology and the specific financial reporting risk identified.
• Perform targeted testing of identified CUEC gaps; this role does not independently determine CUEC applicability or identify CUEC coverage gaps.
• Perform walkthroughs of specific controls subject to testing, as needed, to understand control design and how the control operates in practice.
• Obtain and evaluate evidence supporting the design and operating effectiveness of the specific controls being tested, including validating testing populations and sample selections when required.
• Prepare testing workpapers documenting the control tested, period and population covered, evidence reviewed, testing attributes, results, exceptions, resolution of exceptions, and preliminary conclusions.
• Identify control deficiencies, missing evidence, testing exceptions, or insufficient support encountered during testing and escalate concerns to the Fintech Financial Controls Manager.
• Track remediation of testing exceptions and perform follow-up testing as assigned.
• Support the Fintech Financial Controls Manager in evaluating whether targeted testing adequately addresses the identified control or assurance gap.
• Coordinate with Coastal’s Partner Risk and Internal Control testing team when SOC, ITGC, CUEC, transaction, or account-level testing matters require additional assessment or support.
• Communicate testing status, exceptions, remediation progress, and potential financial reporting impacts to the Fintech Financial Controls Manager and assist with management and audit reporting as requested.

QUALIFICATIONS

• Strong understanding of internal controls over financial reporting and control testing concepts.
• Working knowledge of SOX, ICFR, and the COSO framework.
• Working knowledge of SOC 1 and SOC 2 reports, Complementary User Entity Controls (CUECs), IT General Controls (ITGCs), and business process controls sufficient to understand and test identified assurance gaps.
• Ability to translate an identified control or assurance gap into practical, risk-based testing procedures.
• Experience performing internal control testing, including evidence evaluation, sample-based testing where applicable, exception analysis, and workpaper documentation.
• Ability to distinguish between missing controls, missing evidence, missing testing, and missing audit coverage.
• Strong analytical skills with the ability to evaluate evidence, identify control issues, assess potential financial reporting impact, and develop supportable preliminary conclusions.
• Strong written and verbal communication skills with the ability to work effectively with BaaS/Fintech partners, Financial Controls, Risk, testing teams, management, and auditors.
• Ability to independently manage multiple partner control assessments and testing assignments within established timelines.
• Strong attention to detail and proficiency with Microsoft Excel, Word, Outlook, and other tools used to document and perform control testing.

DESIRED EDUCATION/EXPERIENCE

HOW YOU’LL THRIVE AT COASTAL

BEING YOU AT COASTAL

BENEFITS WE OFFER

• We’re proud to offer a comprehensive benefits package designed to support your health, financial well-being, and work-life balance. Our offerings include:
• Medical Coverage : Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle.
• Health Savings Account (HSA) : Available with eligible medical plans, offering tax advantages and employer contributions.
• Flexible Spending Accounts (FSA) : Options for healthcare and dependent care expenses to help you save on out-of-pocket costs.
• Dental and Vision Insurance : Plans to keep you and your family smiling and seeing clearly.
• Life Insurance : Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents.
• Long-Term /Short-Term Disability (LTD) : Income protection in the event of a long-term illness or injury.
• Supplemental Benefits : Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most.
• 401(k) Retirement Plan : A competitive retirement savings plan with company matching to help you plan for the future.
• Paid Time Off : Generous vacation and sick leave policies to support your time away from work.
• Holidays : Enjoy 11 paid holidays throughout the year.
• Check out our benefits on our careers site !!

PHYSICAL DEMANDS

OTHER DUTIES

• Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.