Finance Control Associate, Wells Fargo

Wells Fargo

Location:
India, Bengaluru

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Finance Control Associate to provide support for the line of business and enterprise functions on financial reporting information technology governance, and controls and oversight matters. The role involves providing oversight for testing and monitoring involving moderate risk subject matter or control areas, receiving direction from manager and exercising independent judgment while developing understanding of certain elements of the company's Committee of Sponsoring Organizations policy and governance and oversight framework, and collaborating and consulting with peers, colleagues and managers to resolve issues and achieve goals.

Job Responsibility:

Provide support for the line of business and enterprise functions on financial reporting information technology governance, and controls and oversight matters
Provide oversight for testing and monitoring involving moderate risk subject matter or control areas
Receive direction from manager and exercise independent judgment while developing understanding of certain elements of the company's Committee of Sponsoring Organizations policy and governance and oversight framework
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Performing the following for IT Application Control (ITAC) and IT General Control (ITGC) testing
Partnering with IT/LOB Process Owners/Control Owners to document significant in-scope processes according to corporate COSO policy (both process narratives and process flow diagrams)
Assessing the appropriateness and completeness of key risk and key controls identified
Performing walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant risk and key controls
Partnering with IT/LOB Process Owners/Control Owners in the creation of process risk assessments (RAM) as well as validating and challenging risk assessment conclusions
Validating and providing credible challenge to identified shared services, third party service providers, and significant applications
Performing COSO testing of key ITACs and ITGCs, 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 and their impact to internal control over financial reporting
Validating corrective actions and issues and building relationships and collaborating with key stakeholders in the applicable line of business (IT) functions related to assigned process areas
Assisting with projects impacting the team

Requirements:

6+ months 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
University degree in Business or related discipline
Minimum of 6+ months of experience in IT audit and/or IT SoX advisory/consulting service or Public Accounting
Experience with large financial institutions
Strong knowledge of the COSO and COBIT 5 Frameworks
Prefer one or more of the following certifications: CISA, CISM, CISSP
Practical experience performing and documenting IT audit/IT COSO ITGC/ITAC testing
Strong critical thinking skills with ability to credibly challenge status quo
Strong organization and prioritization skills
Strong relationship management skills
ability to negotiate difficult positions without harming relationships
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Intermediate Microsoft Visio skills
Ability to prioritize, meet deadlines, and 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

Nice to have:

University degree in Business or related discipline
Minimum of 6+ months of experience in IT audit and/or IT SoX advisory/consulting service or Public Accounting
Experience with large financial institutions
Strong knowledge of the COSO and COBIT 5 Frameworks
Prefer one or more of the following certifications: CISA, CISM, CISSP
Practical experience performing and documenting IT audit/IT COSO ITGC/ITAC testing
Strong critical thinking skills with ability to credibly challenge status quo
Strong organization and prioritization skills
Strong relationship management skills
ability to negotiate difficult positions without harming relationships
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Intermediate Microsoft Visio skills
Ability to prioritize, meet deadlines, and 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

Additional Information:

Job Posted:
June 04, 2025

Expiration:
June 15, 2025

Employment Type:

Fulltime

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Finance Control Associate