Sr. CECL Sox Analyst

Mechanics Bank • Walnut Creek, CA

9d • $80,000 - $125,000 • Onsite

About The Position

Mechanics Bank is currently searching for an Sr. CECL SOX Analyst . Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working onsite at our Walnut Creek HQ. Under general supervision, the Sr. CECL Sox Analyst will support the Finance team in evaluating the internal control environment over the bank’s CECL process. This role will perform quarterly assessments of the design and operating effectiveness of internal controls related to CECL as part of management’s internal control responsibilities prior to filing the 10-Q. The analyst will conduct process walkthroughs, document key risks and controls, assist in identifying deficiencies, and support remediation efforts.

Requirements

• Bachelor's Degree in Business, Finance, Accounting or related field preferred.
• 5 years of experience in accounting, finance, risk, audit, or analytical roles required.
• Experience with CECL, allowance for credit losses, or financial reporting controls strongly preferred.
• Strong understanding of CECL concepts, modeling frameworks, and key financial reporting impacts.
• Proficiency in documenting and testing internal controls over financial reporting.
• Manages Ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.
• Financial Acumen - Interpreting and applying understanding of key financial indicators to make better business decisions.
• Nimble Learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.

Responsibilities

• Identify and evaluate internal controls related to the CECL end-to-end process to determine design effectiveness.
• Assess operating effectiveness of CECL-related controls, including data inputs, model governance, model execution, management review controls, qualitative factor adjustments, and journal entry preparation/review.
• Conduct and document walkthroughs of CECL process each quarter, including coordination with Accounting, Credit, Finance, Model Risk Management, and external partners.
• Analyze CECL methodologies, assumptions, and key estimates to support accurate control documentation and testing.
• Organize and document CECL process flows, risk, and controls in alignment with SOX/FDICIA internal control standards.
• Identify, document, and communicate control deficiencies, support management in developing, implementing, and validating remediation plans.
• Assist with quarterly internal control reporting to the CAO, including summaries of testing results, findings, and remediation status.
• Partner with internal and external auditors during CECL-related audit procedures.

Benefits

• Medical, prescription, dental, and vision coverage for employees and their eligible family members
• Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
• Health Savings Account with employer contribution
• Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
• 401(k) and Roth 401(k) with company contribution
• 529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
• Supplemental Health plans, Voluntary Legal and Identity Theft Services
• 11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
• Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees