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 your 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 our 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.
7+ years of experience in one or a combination of the following: finance, accounting, analytics, reporting or business/technology audit
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
Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
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
Other Desired Qualifications
Internal control testing experience
Broker dealer, wealth management, investment banking, mergers and acquisition, or derivatives experience
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.
Internal Number: 5545624-1
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo