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 [email protected].
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.
Live Oak Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Live Oak Bank and has not been reviewed or approved by Live Oak Bank.
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Healthcare Strength — Healthcare coverage is strong, with fully paid medical for employees and dependents plus on‑site clinic access, physical therapy, and wellness resources at headquarters. Dental, vision, life, and disability coverage are included.
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Leave & Time Off Breadth — Paid time off is generous, with roughly four weeks plus bank holidays and floating days, alongside multiple paid parental options and paid short‑ and long‑term disability.
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Retirement Support — Retirement offerings include a 401(k) match and an employee stock purchase plan, complemented by bonus and stock programs in some roles.
Live Oak Bank Insights
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What We Do
Live Oak Bank has had the privilege of helping thousands of passionate, driven people turn their dreams into reality. These everyday heroes aren’t in it for the fortune or the fame. They’re in it to make a difference, just like we are. As one of the last banks to get a charter before the start of the Great Recession, Live Oak emerged out of the rubble of 2008 as the first bank to keep the customer at the center of the business model. We put a groundbreaking spin on what banking could be, focused on service and technology to redefine banking. Live Oak is a digital, cloud-based bank serving small business owners in all 50 states. We are the #1 SBA 7(a) lender by dollar volume* in the country and our mission is to be America’s small business bank. We aim to fulfill that mission through banking products that help business owners buy, build and expand, along with FDIC-insured checking, high-yield savings and CD accounts to grow their hard-earned money. Our family of companies under the holding and parent company Live Oak Bancshares (NYSE: LOB), and our subsidiaries, partner with businesses who share a groundbreaking focus on service and technology to redefine banking. Our mantra is to treat every customer like the only customer and our mission is to be America’s small business bank.
