The posting
About this role:
Wells Fargo is seeking an Enterprise Controls & Oversight Leader that will provide company-wide direction on all internal controls over financial reporting and financial governance matters. This role will lead teams performing financial reporting governance & oversight, enterprise-wide COSO business & technology controls testing, and other enterprise governance and oversight functions.
As a key member of the Controller Leadership team, this role will report to the Chief Accounting Officer and be responsible for owning and maintaining key company-wide policies that govern financial reporting risk for SEC and regulatory reporting, establishing annual plan-to-test, and assessing effectiveness of internal controls over financial reporting as well as representing financial reporting risk in interactions, forums, and risk programs with Independent Risk Management. In addition, this leader may be responsible for owning or providing oversight of policies related to other enterprise functions.
In this role, you will:
- Provide strategic leadership and vision for the Enterprise Controls and Oversight organization
- Define a coordinated, methodical end-to-end control and testing program that satisfies multiple requirements, e.g. SOX and regulatory reporting, without being duplicative and provides an end-to-end assessment of the organization’s financial reporting control environment
- Lead the internal control teams to understand, evaluate, and improve the design and operating effectiveness of entity-level, business and information technology controls
- Ensure that the lines of business have relevant, sound, fact-based assessments of their financial controls environment to inform their decision-making processes
- Bring best practices in standardization and developing a framework that can be consistently executed
- Hire, retain, develop and motivate a world-class financial controls testing team
- Manage relationships with business partners across the company and ensure effective delivery of a full-service control and oversight model to both LOBs and functional areas
- Maintain a balance between risk mitigation and operational efficiency
- Manage communication of testing work with various constituents, including the Disclosure and Regulatory Reporting committees, Audit Committee, and external auditors
- Maintain a relationship with external accountants and assist with matters of independence, fees, coordination of controls assessment, substantive audit work, and documentation
Required Qualifications, US:
- 8+ years of Finance, Accounting, Treasury, Analytics, Reporting Experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of management experience
Desired Qualifications:
- Certified Public Accountant (CPA)
- Demonstrated knowledge of the accounting, reporting and internal controls requirements within a large, diversified U.S. financial services institution; strong understanding of current financial and regulatory requirements; experience executing a COSO-based Sarbanes Oxley internal control assessment
- Experience dealing directly with banking, financial, and securities regulators, internal and external auditors
- Demonstrated effective verbal, written, and interpersonal communications with ability to translate complex technical concepts to create understanding and influence decisions
- Ability to successfully develop innovative solutions and drive transformational change; strong analytical and critical thinking skills combined with strategic business focus
- Highly collaborative with proven ability to effectively lead large, complex and diverse teams, and exceptional track record of delivering results
- An "own it" attitude; a "doer" comfortable in a fast-paced, complex environment; solves problems collaboratively through open and constructive discussion.
- An intelligent, decisive, self-confident, and results-oriented individual who possesses a combination of mental flexibility, creativity, analytical ability, and sound judgment.
- Decisive leader who sets high standards and drives performance; able to motivate, inspire, engage and develop a financial organization to achieve results.
- Ability to recruit, mentor and develop the next generation of financial leadership.
- Strong interpersonal skills, superior intellect, and an outstanding ability to communicate using these qualities and skills.
- Detail oriented, responsive, and proactive. Fosters clarity, transparency, consistency, and widespread understanding across the business.
- An energetic, efficient, and resourceful team player. Takes ownership of work product and delivers within tight deadlines.
- Ability to work and influence successfully within a matrix environment and build trusted relationships with Executive Leadership, Team members and the extended business and functional leaders across the company.
- Is of unquestionable personal and professional integrity; can give and take constructive criticism and demands high performance from both him/her and colleagues.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
