Head of Consumer Banking and Lending Controller

Wells Fargo & Company•Irving, TX

About The Position

The Consumer Banking & Lending Controller (CB&L) manages the accounting teams supporting this business and the related SEC/Regulatory Reporting of these products. This leader serves as a strategic partner and trusted accounting advisor to the business, ensuring effective controls are in place, U.S. Generally Accepted Accounting Principles (GAAP) is properly followed, and leaders understand the accounting, internal control, and financial reporting requirements of their businesses. As a key member of the Controllers Leadership team, this role will report to the Chief Accounting Officer and be responsible for bringing the comprehensive capabilities of the Controllers’ organization to the businesses. This leader is also expected to provide significant input into our transformation efforts requiring collaboration with stakeholders across Controllers, Finance, Line of Business, Data Management, Technology, and other partner areas to execute change. This work aligns with Wells Fargo’s strategy toward broader and more rigorous digitization, automation, and risk management approaches.

Requirements

Strong working knowledge of consumer banking & lending products including consumer mortgages, auto & credit card lending, and deposits.
Extensive knowledge of GAAP accounting, regulatory reporting, capital, and internal controls within a large U.S. financial institution, including current regulatory requirements.
Change agent with demonstrated experience driving transformation, process improvement, and operational efficiency using strong analytical and strategic thinking.
Experience working in complex IT/data environments, including MIS and data management processes.
Proven senior accounting leader with ability to lead large, complex teams; track record of delivering results and developing future leaders.
Ownership mindset; thrives in fast-paced, complex environments and solves problems collaboratively.
Experience dealing directly with financial regulators, internal and external auditors.
Ability to work and influence successfully within a matrix environment and build trusted relationships with Executive Leadership Team members and cross-functional leaders.
High integrity with strong performance standards and ability to give and receive constructive feedback.
Exceptional communication skills with ability to translate complex concepts and influence decision-making across stakeholders.
Detail-oriented and proactive, driving clarity, transparency, and consistency.

Nice To Haves

Certified Public Accountant (CPA) preferred
Experience working in a Public Accounting Firm
Experience leading large teams of 100+ individuals
Controller experience within consumer banking/lending, including strong knowledge of Basel regulatory capital
Entrepreneurial “builder” mindset with strong business, finance, and strategic leadership capabilities; agile, versatile, and committed to mentorship and talent development

Responsibilities

Providing transformational, strategic leadership on accounting, reporting, and internal controls.
Effectively managing his/her team and partnering with business leadership to understand business priorities and initiatives, and determine how best to integrate accounting, reporting, and control requirements.
Building and fostering a team culture that enables and empowers success, drives continuous improvement, encourages learning, and celebrates achievement.
Ensuring a detailed understanding of the accounting, reporting, and internal control processes under their supervision, and for ensuring these processes are both operating effectively and efficiently.
Developing and fostering a continuous improvement culture throughout the accounting & reporting environment that drives ongoing process improvement, efficiency, and effectiveness solutions through automation, digitization, and other enablement tools.
Developing and maintaining strong relationships to understand key business activities, monitor changes in the business and industry, and ensure that the businesses are being served well for their assigned area by having relevant, sound, fact-based accounting and control inputs to inform their decision-making processes.
Leading a team of professionals to ensure all transactions and business activity in CB&L are accounted for in accordance with US GAAP and company policy, appropriately captured and recorded in our general ledger, and appropriately reported and disclosed in our publicly issued corporate financial statements, various required subsidiary financial statements, and various regulatory reports issued to the Federal Reserve Bank, the OCC, and other principal regulators.
Understanding and applying the requirements of US GAAP, as well as other SEC and bank regulatory reporting requirements, including a strong understanding of regulatory reporting such as FR Y-9C, Call Report, FFIEC 101, FR Y-14, etc. and capital requirements.
Ensuring adequate internal controls over the financial and regulatory reporting environment are established and maintained, working with the business and other divisions within the Controllers Organization to ensure internal controls are designed and operating effectively through the execution of our quarterly and annual internal control assessment processes performed for both SEC and regulatory reporting.