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Financial Controls and Oversight Lead Consultant

Posted on Feb 16, 2020 by Wells Fargo

Charlotte, NC
Finance
Immediate Start
Annual Salary
Full-Time
Important Note During the application process, ensure your contact information
(email and phone number) is up to date and upload your current resume when
submitting your application for consideration. To participate in some selection
activities you will need to respond to an invitation. The invitation can be
sent by both email and text message. In order to receive text message
invitations, your profile must include a mobile phone number designated as
Personal Cell or Cellular in the contact information of
application.

At Wells Fargo, we want to satisfy our customers financial needs and help
them succeed financially. We re looking for talented people who will put ou
customers at the center of everything we do. Join our diverse and inclusive
team where you ll feel valued and inspired to contribute your unique skills
and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It
all begins with you.

Enterprise Finance drives financial management for the company and maintains
and enhances risk and financial controls. Key functions within Enterprise
Finance include finance and accounting; Treasury; corporate development,
mergers, and acquisitions; Data Management and Insights, the Customer
Remediation Center of Excellence, Enterprise Shared Services, Business Process
Management, and Corporate Strategy. Enterprise Finance informs shareholders,
regulators, taxing authorities, team members, and leaders of the company s
financial performance through earnings releases, investor meetings and
conferences, and meetings with regulators and credit rating agencies, following
appropriate reporting guidelines. They also maintain and enhance risk and
financial controls and lead many of the company s shared services functions
including corporate properties, security, and global services.

Wells Fargo is seeking a highly motivated individual to build and lead a team
of COSO testing professionals and will have enterprise-wide exposure to key
stakeholders within the external financial/risk/regulatory reporting
infrastructure. The Business COSO Testing team is a component of Enterprise
Controls & Oversight Group in Corporate Controllers.

The Business COSO team supports the Company s on-going objective of
maintaining an industry leading financial reporting control environment and is
responsible for the following directives
* Providing meaningful assessments of financial, risk, and regulatory
reporting control environment;
* Overseeing compliance with Well Fargo & Company s COSO based policies
for internal controls over financial reporting (SEC and Regulatory
Reporting) and strategic planning for on-going compliance with the COSO
polices (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; and,
* Acting as a change agent for continual improvement of the control
environment.
This individual will contribute to the development and leadership of the
Business COSO team by
* Managing a COSO monitoring team responsible for
o Performing walkthroughs of significant processes and ensure
required COSO documentation is accurate and reflects relevant risk
and key controls;
o Validating and challenging risk assessment conclusions, including
assessing appropriateness and completeness of key risk and key
controls identified;
o Validating and providing challenge to identification of shared
services, third party service providers, and significant
applications;
o Supervising COSO testing of key controls, including design
effectiveness assessments and operating effectiveness testing;
o Confirming and challenging documentation of control deficiencies,
including issue description, root cause, unmitigated impact, and
corrective actions;
o Analysis of the severity of control deficiencies, both individually
and in the aggregate, and the impact to internal control over
financial reporting;
o Assessing the components of internal control for the business unit.
o Evaluating the impact of control deficiencies to existing processes
and controls.
* Building relationships and collaborating with key stakeholders in the SEC
and Regulatory Reporting internal control infrastructures
* Assisting with projects impacting the team including implementing the
Company s COSO-based Regulatory Reporting Governance & Oversight
Framework and the 2013 COSO Framework
* Performing COSO Monitoring team responsibilities including
o Supervising and reviewing the work of other COSO Monitoring Team
Members who perform COSO Monitoring Team directives;
o Performing walkthroughs of significant processes and ensure
required COSO documentation is accurate and reflects relevant risk
and key controls;
o Validating and challenging risk assessment conclusions, including
assessing the appropriateness and completeness of key risk and key
controls identified;
o Validating and providing credible challenge to identified shared
services, third party service providers, and significant
applications;
o Performing COSO testing of key controls, including design
effectiveness assessments and operating effectiveness testing;
o Validating and challenging documentation of control deficiencies,
including issue description, root cause, unmitigated impact, and
corrective actions;
o Analyzing the severity of control deficiencies, both individually
and in the aggregate, and the impact to internal control over
financial reporting;
o Assessing the components of internal control for the business unit;
o Monitoring open control deficiencies and validating corrective
actions;
* Building relationships and collaborating with key stakeholders in the SEC
and Regulatory Reporting internal control infrastructures; and,
* Assisting with projects impacting the team including implementing the
Company s COSO-based Regulatory Reporting Governance & Oversight
Framework and the 2013 COSO Framework.
As a Team Member Manager, you are expected to achieve success by leading
yourself, your team, and the business. Specifically you will
* Lead your team with integrity and create an environment where your team
members feel included, valued, and supported to do work that energizes
them.
* Accomplish management responsibilities which include sourcing and hiring
talented team members, providing ongoing coaching and feedback,
recognizing and developing team members, identifying and managing risks,
and completing daily management tasks

Required_Qualifications
* 7+ years of experience in one or a combination of the following finance,
accounting, analytics, reporting or business/technology audit

Desired_Qualifications
* A Masters of Business Administration (MBA) or a Certified Public
Accountant (CPA) Designation
* Big four public accounting experience
* Financial services industry experience
* Virtual leadership experience with ability to effectively drive results,
provide feedback/direction, and manage and build relationships with
leaders and team members in a geographically dispersed team environment
* Ability to organize and manage multiple priorities
* Highly refined and professional verbal and written communications
* Superior project management skills including the ability to handle
multiple projects concurrently
* Experience with governance and oversight requirements for regulatory and
risk reporting
* Ability to manage effectively in a matrixed organization
* A BS/BA degree or higher in one or a combination of the following
Finance, Accounting, Analytics, or Reporting

Job Expectations
* Ability to travel up to 5% of the time

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate
having successfully completed a criminal background check. Wells Fargo will
consider qualified candidates with criminal histories in a manner consistent
with the requirements of applicable local, state and Federal law, including
Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning
service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/
Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Reference Number
-2

Reference: 25538416

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