Financial Controls Manager

About the position

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.

Responsibilities

• Manage a team of individual contributor roles dedicated to performing testing and issue monitoring activities covering internal controls over financial and regulatory reporting.
• Partner with process owners, control owners, and technology to document significant in-scope processes according to Wells Fargo’s Financial Reporting Governance & Control Policy.
• Assess the completeness and appropriateness of key risks and controls.
• Provide guidance and participate in walkthroughs of significant processes.
• Provide guidance and oversight of COSO testing of key controls, including design effectiveness assessments, and operating effectiveness testing.
• Review and challenge documentation of control deficiencies, including assessing root cause, unmitigated impact, and the sustainability of corrective actions.
• Analyze 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.

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.
• People Management 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.

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement