Financial Controls Manager

Wells Fargo Bank•Irving, TX

9d•$119,000 - $206,000•Onsite

About The Position

About this role: Wells Fargo is seeking a Financial Controls Manager to join our Enterprise COSO testing team. The Enterprise COSO testing team within Enterprise Controls and Oversight is part of the first line of defense in Finance responsible for testing business process controls covering financial, regulatory, and non-financial reporting risks. This role will have enterprise-wide exposure to key stakeholders within the external financial and regulatory reporting infrastructure. In this role, you will: Manage a team of individual contributor roles dedicated to performing testing and issue monitoring activities covering internal controls over financial and regulatory reporting inclusive of the following: Partnering with process owners, control owners, and technology to document significant in-scope processes according to Wells Fargo’s Financial Reporting Governance & Control Policy. Assessing the completeness and appropriateness of key risks and controls. Providing guidance and participating in walkthroughs of significant processes. Providing guidance and oversight of COSO testing of key controls, including design effectiveness assessments, and operating effectiveness testing. Reviewing and challenging documentation of control deficiencies, including assessing root cause, unmitigated impact, and the sustainability of corrective actions. Analyzing the severity of control deficiencies, and their impact to internal controls over financial and regulatory reporting. Create and deliver reporting on status and internal control related topics to executive leadership. Manage allocation of people and financial resources. Mentor and guide the development of direct reports and assist in hiring talent. Interface with external auditors, regulators, and other stakeholders on internal control matters. Build relationships and collaborate with key stakeholders in the applicable line of business and IT functions related to assigned process areas. Assist with facilitating group-wide training to interested and impacted stakeholders. Sponsor or lead special projects related to department practices and/or emerging control matters impacting the enterprise. Act as a change agent for continual improvement of the internal control environment.

Requirements

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
2+ years of leadership experience
Must be able to work onsite
Required to work in the listed locations
VISA sponsorship not available for this role.

Nice To Haves

Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) designation
4+ years of Accounting, Audit, or Controls Testing experience
Big four public accounting experience
Experience assessing, testing, and documenting financial and/or regulatory risks and controls and leading teams that perform these assessments
Executive relationship management skills; ability to negotiate difficult positions without harming relationships
Experience integrating offshore and/or third-party resources into testing organization
Knowledge of Accounting Operations, Corporate and Investment Banking, and/or Wealth and Investment Management
Strong critical thinking skills with ability to credibly challenge status quo.
Excellent verbal, written, and interpersonal communication skills and experience presenting technical concepts to senior leaders
Knowledge and understanding of regulatory agencies such as the Federal Reserve and OCC
Ability to manage effectively in a matrixed organization
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

Responsibilities

Manage a team of individual contributor roles dedicated to performing testing and issue monitoring activities covering internal controls over financial and regulatory reporting inclusive of the following:
Partnering with process owners, control owners, and technology to document significant in-scope processes according to Wells Fargo’s Financial Reporting Governance & Control Policy.
Assessing the completeness and appropriateness of key risks and controls.
Providing guidance and participating in walkthroughs of significant processes.
Providing guidance and oversight of COSO testing of key controls, including design effectiveness assessments, and operating effectiveness testing.
Reviewing and challenging documentation of control deficiencies, including assessing root cause, unmitigated impact, and the sustainability of corrective actions.
Analyzing the severity of control deficiencies, and their impact to internal controls over financial and regulatory reporting.
Create and deliver reporting on status and internal control related topics to executive leadership.
Manage allocation of people and financial resources.
Mentor and guide the development of direct reports and assist in hiring talent.
Interface with external auditors, regulators, and other stakeholders on internal control matters.
Build relationships and collaborate with key stakeholders in the applicable line of business and IT functions related to assigned process areas.
Assist with facilitating group-wide training to interested and impacted stakeholders.
Sponsor or lead special projects related to department practices and/or emerging control matters impacting the enterprise.
Act as a change agent for continual improvement of the internal control environment.