Financial Controls Analyst, 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 Financial Controls Analyst. Responsibilities include consulting on financial reporting, identifying compliance requirements, performing COSO testing, and collaborating on IT controls impacted by financial reporting. Candidates should have expertise in finance, accounting, or IT audit, along with certifications like CISA or CPA.

Job Responsibility:

Providing meaningful assessments of IT control environments impacted by financial, risk, and regulatory reporting
Assessing adherence to Well Fargo & Company’s COSO based policies for IT controls impacted by internal controls over financial reporting (SEC and Regulatory Reporting) and strategic planning for ongoing IT control adherence to COSO policies (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 IT control related matters including evaluating severity of control deficiencies and related remediation efforts
Providing process and control support and thought leadership for projects and interfacing with external auditors, regulators and others on control related matters
Acting as a change agent for continual improvement of the control environment
Leading the IT Application Controls (ITACs) COSO test work
Partnering with IT and business 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 application controls identified
Performing walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant business risk and key application controls
Partnering with IT and business 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 application controls, including design effectiveness assessments and operating effectiveness testing
Validating and challenging documentation of application control deficiencies, including issue description, root cause, unmitigated impact, and corrective actions
Analyzing the severity of application control deficiencies, and their impact to internal control over financial reporting
Validating corrective actions and Building relationships and collaborating with key stakeholders in the applicable line of business and IT functions related to assigned process areas
Assisting with projects impacting the team

Requirements:

2+ years 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
Bachelor’s/ Post graduate in Accounting, Finance or Business Administration
Experience in one or a combination of the following: Finance, Accounting, Analytics, Reporting
Knowledge and understanding of regulatory agencies: Federal Reserve and OCC
Minimum two years at Big Four/super regional public accounting firm with experience in IT audit and/or IT SoX advisory/consulting service
Prefer one or more of the following certifications: CISA, CISM, CISSP
Practical experience performing IT audit/IT COSO application control testing
Strong critical thinking skills with ability to credibly challenge status quo experience with continuous improvement of application control testing processes and results
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
A Masters of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation
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:

Knowledge and understanding of regulatory agencies: Federal Reserve and OCC
Prefer one or more of the following certifications: CISA, CISM, CISSP
Practical experience performing IT audit/IT COSO application control testing
Strong relationship management skills
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Intermediate Microsoft Visio skills

Additional Information:

Job Posted:
July 08, 2025

Expiration:
July 17, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Financial Controls Analyst