Financial Controls Analyst

Wells Fargo is seeking a Finance control analyst.

The Enterprise Finance function contains the Corporate Controllers division, which includes the Enterprise Controls Oversight (ECO) group. The Enterprise COSO testing team is a component of ECO. Enterprise COSO testing professionals and will have enterprise-wide exposure to key stakeholders within the external financial/risk/regulatory reporting infrastructure
IT COSO team provides independent, objective assurance of information technology (IT) internal controls over financial, regulatory, and risk reporting that are designed to meet regulatory and industry-expected standards of excellence.This is a transition role for F and A where we are looking for SMEs with Risk and Compliance, COSO, Audit and Accounting. The role will require closely working with state side team members and the local manager for ensuring good quality deliverables.

This is a transition role for F and A where we are looking for SMEs with Risk and Compliance, COSO, Audit and Accounting. The role will require closely working with state side team members and the local manager for ensuring good quality deliverables.

In this role, you will:

Required Qualifications:

2+ 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 :

Job Responsibilities:

Providing meaningful assessments of IT control environments impacted by financial, risk, and regulatory reporting;

Assessing adherence to Well Fargo Company s COSO based policies for IT controls impacted by internal controls over financial reporting (SEC and Regulatory Reporting) and strategic planning for ongoing IT control adherence to 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 IT control related matters including evaluating severity of control deficiencies and related remediation efforts.

Providing process and control support and thought leadership for projects and interfacing with external auditors, regulators and others on control related matters.

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

Individual will be responsible Leading the IT Application Controls (ITACs) COSO test work.

Partnering with IT and business Process Owners/Control Owners to document significant in-scope processes according to corporate COSO policy (both process narratives and process flow diagrams). Additionally, assessing the appropriateness and completeness of key risk and key application controls identified;

Performing walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant business risk and key application controls;

Partnering with IT and business Process Owners/Control Owners in the creation of process risk assessments (RAM) as well as validating and challenging risk assessment conclusions;

Validating and providing credible challenge to identified shared services, third party service providers, and significant applications;

Performing COSO testing of key application controls, including design effectiveness assessments and operating effectiveness testing.

Validating and challenging documentation of application control deficiencies, including issue description, root cause, unmitigated impact, and corrective actions.

Analyzing the severity of application control deficiencies, and their impact to internal control over financial reporting.

Validating corrective actions and Building relationships and collaborating with key stakeholders in the applicable line of business and IT functions related to assigned process areas.

Assisting with projects impacting the team.

Posting End Date:

*Job posting may come down early due to volume of applicants.

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.