Wells Fargo is seeking a Lead Financial Controls Analyst to join our Enterprise COSO testing team. The Enterprise COSO Testing team within the Enterprise Controls and Oversight group will have enterprise-wide exposure to key stakeholders within the external financial and regulatory reporting infrastructure.
In this role, you will:
Lead the annual scoping and testing plan development
Supervise and review the control test work of other COSO Team Members
Interface with external auditors, internal auditors and other stakeholders on internal control matters
Partner with IT and business Process Owners/Control Owners to document significant in-scope processes according to corporate COSO policy (process narratives and process flow diagrams).
Review and challenge risk assessment conclusions, including assessing the appropriateness and completeness of key risk and key controls identified
Assist in the creation of reporting on status and internal control related topics to executive leadership
Mentor and guide the development of team members and assist in hiring talent
Build relationships and collaborate with key stakeholders in the applicable line of business and IT functions related to assigned process areas
Lead or assist special projects related to department practices and/or emerging control matters impacting the enterprise
Act as a change agent for the continual improvement of the internal control environment
Reviewing and provide credible challenge to identified shared services, third party service providers, and significant applications
Analyze the severity of control deficiencies, both individually and in the aggregate, and the impact to internal control over financial reporting
Build relationships and collaborating with key stakeholders in the applicable line of business and IT functions related to assigned process areas
Plan, execute, or provide oversight for testing and monitoring involving complex subject matter and/or provide technical interpretation
Required Qualifications:
5+ years of Finance, Accounting, Analytics, Reporting or Business and Technology Audit experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Internal control testing experience
Big four public accounting experience
Regulatory reporting experience, specifically related to 14M and 14Q
A Master of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation
Knowledge and understanding of regulatory agencies: Federal Reserve and OCC
Strong executive relationship management skills; ability to negotiate difficult positions without harming relationships
Experience integrating off-shore and/or third party resources into testing organization
Ability to present results of analyses and recommendations to senior leaders
Experience presenting technical concepts to senior leaders
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Excellent verbal, written, and interpersonal communication skills
Job Expectations:
This position is not eligible for Visa sponsorship
This position offers a hybrid work schedule
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $111,100.00 - $197,500.00 Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date: 4 Jan 2025 * Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.