Financial Controls Analyst - Business Process Automated Controls

Wells Fargo•Minneapolis, MN

2d•$77,000 - $133,000

About The Position

Wells Fargo is seeking a 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, risk, 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 business process automated 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.

Requirements

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
Excellent verbal, written, and interpersonal communication skills
Ability to present results of analyses and recommendations
Intermediate Microsoft Office skills

Nice To Haves

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, including segregation of duties, configurations, and interfaces
Experience partnering with financial and IT audit teams on integrated audits
Experience with large professional services firms
Experience with large financial institutions
A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, Reporting, or Information Technology
One or more of the following certifications: CPA, CIA, CISA
Knowledge and understanding of regulatory agencies: Federal Reserve and OCC

Responsibilities

Consult with IT, the line of business and enterprise functions on financial reporting or information technology governance, and controls and oversight matters
Identify compliance and risk management requirements for supported area
Provide oversight for control testing and monitoring involving moderate to complex subject matter or control areas
Communicate and provide consultation regularly with stakeholders throughout the enterprise
Implement, operate, and report results of certain elements of the company's policy, governance and oversight framework
Support implementation of moderate to complex projects and initiatives
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Perform walkthroughs of significant processes and ensuring required COSO documentation is accurate and reflects relevant risk and key controls
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
Validate and challenge documentation of control deficiencies, including issue description, root cause, unmitigated impact, and corrective actions
Analyze the severity of control deficiencies and their impact to internal control over financial reporting
Validate corrective actions and issues