Senior Financial Control Analyst-Automated Controls

About this role:

Wells Fargo is seeking a Senior Financial Controls Analyst within the Enterprise COSO testing team.

The Enterprise Finance function contains the Corporate Controllers division, which includes the Enterprise Controls & Oversight (EC&O) group. The Enterprise COSO testing team is a component of EC&O. Enterprise COSO testing professionals will have enterprise-wide exposure to key stakeholders within the external financial/risk/regulatory reporting infrastructure. 

The Enterprise COSO testing team supports the Company’s on-going objective of maintaining an industry-leading information technology control environment and is responsible for the following directives: 

• Providing meaningful assessments of business process automated controls in scope for financial and regulatory reporting

• Assessing compliance with Well Fargo & Company’s COSO based policies for business process automated controls in scope for internal controls over financial reporting (SEC and Regulatory Reporting) and strategic planning for on-going application control compliance with COSO policies (proactive anticipation of internal control related matters)

• Monitoring new and emerging internal control related guidance and issues and assist with facilitating group-wide training to interested and impacted stakeholders

• Providing consultation and subject matter expertise for process and control related matters including evaluating severity of control deficiencies and related remediation efforts

• Providing process and control support and thought leadership for projects

• Interfacing with external auditors, regulators and others on control related matters

• Acting as a change agent for continual improvement of the control environment

In this role, you will:

• Consult with IT, the line of business and/or enterprise functions on financial reporting, information technology governance, and controls and oversight matters

• Identify compliance and risk management requirements for supported line of business area

• Support implementation of key risk initiatives

• Plan, execute, or provide oversight for control testing and monitoring involving complex subject matter or control areas

• Provide technical interpretation on various matters

• Communicate and provide consultation regularly with stakeholders throughout the enterprise

• Implement, operate, and report results of complex components of the company's policy, governance and oversight framework

• Lead implementation of complex projects and initiatives impacting one or more lines of business, risk types, or control matters

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

• Perform the following for Business Process Automated Control testing: 

  • Lead walkthroughs of significant processes to ensure required COSO documentation (including narratives and process flow diagrams) is accurate

  • Assess the appropriateness and completeness of key risks and key controls identified

  • Validate and provide credible challenge to identified shared services, third-party service providers, and significant applications

  • Perform COSO control testing of key business process automated controls, including design effectiveness assessments and operating effectiveness testing

  • Analyze the severity of control deficiencies and their impact to internal control over financial reporting

• Build relationships and collaborate with key stakeholders in the SEC and Regulatory Reporting internal control infrastructures

• Assign and review the work of Financial Control Analysts

• Assist with projects impacting the team, including identification of risks and consulting on controls for newly implemented processes and applications

Required Qualifications:

• 4+ 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:

• Experience assessing and documenting financial and/or regulatory risks and controls

• Internal controls testing experience including business process manual controls, automated controls, and/or IT General Controls (ITGC)

• Experience identifying business process automated controls and developing and executing test plans for business process automated controls,