Vacancy Details

Role Title Financial Controls & Audit - Charlotte JobID JRA442
Role Type Permanent Date Posted 13-07-2018
Company Information BIG 5 BANKING/Wealth Management FIRM

(Consistently ranked as one of the best employers to work for)
Programme Information Location: Charlotte, NC
Role Description Enterprise Finance & Information Technology offers technology and services that exceed our customers’ expectations and directly enable them to succeed financially.

We interact with customers more than 12 billion times a year through in-store, online, ATM, and telephone transactions.

We impact customers directly, through systems availability and security, as well as indirectly, through our business partners who offer and deliver a myriad of products and services that meet customers’ financial needs. We provide a competitive advantage for the company through excellence in fundamentals, integrated partnerships, and our talented and engaged team members.

We are seeking a highly motivated individual to join 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 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 be a member of the Business COSO team responsible for the following team directives:

Performing COSO Monitoring team responsibilities including:

Performing walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant risk and key controls;

Validating and challenging risk assessment conclusions, including assessing appropriateness and completeness of key risk and key controls identified;

Validating and providing credible challenge to identified shared services, third party service providers, and significant applications;

Performing COSO testing of key controls, including design effectiveness assessments and operating effectiveness testing;

Validating and challenging documentation of control deficiencies, including issue description, root cause, unmitigated impact, and corrective actions;

Analyzing the severity of control deficiencies, both individually and in the aggregate, and the impact to internal control over financial reporting;

Assessing the components of internal control for the business unit;

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.

Required Qualifications

4+ years of experience in one or a combination of the following: finance, accounting, analytics, reporting or business/technology audit; or a BS/BA degree or higher in Finance,

Accounting, Statistics, Economics, or Business and 2+ years of experience in one or a combination of the following: finance, accounting, analytics, reporting or business/technology audit
Controls, SEC, SOX testing, Audit experience (preferably in a top 10 CPA firm or
Financial/Investment/Wealth management firm)
ITGC, COSO testing experience, public accounting experience

Desired Qualifications

A BS/BA degree or higher in accounting, finance, or economics

Big four public accounting experience

A Masters of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation

Knowledge and understanding of regulatory agencies: Federal Reserve and OCC

Ability to present results of analyses and recommendations to senior leaders

Experience presenting technical concepts to senior leaders

Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

Excellent verbal, written, and interpersonal communication skills

Ability to take on a high level of responsibility, initiative, and accountability

Ability to translate and summarize complex data into understandable, actionable information and recommendations

Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Intermediate Microsoft Office skills
Education /
Experience /
CPA or MBA is required for this role.

No visa sponsorship for this role.
Security Clearance Required? (Y/N) NO Relocation Assistance Offered? (Y/N) NO