Accounting Governance & Oversight Consultant 1

Job Description

Accounting Governance & Oversight Consultant 1

Compliance & Quality Assurance: Regulatory & Risk Reporting

Let’s talk about building a rewarding career

You’ve got the passion. You’ve got the skills. Now you just need the right opportunity. At Wells Fargo, you’ll have the chance to join a team of intelligent and talented people who share the same values. Our diverse lines of business offer a world of opportunity to expand your capabilities and advance your career. We invest in our people and provide a supportive environment in which to learn and grow.

Enterprise Finance plans, tracks, analyzes and reports financial results, manages the company’s balance sheet, including funding, capital and investments; oversees internal real estate needs; drives acquisitions; is responsible for financial controls; and leads corporate strategy.

Enterprise Finance identifies areas of financial risk and mitigates efforts appropriately. It works with capital markets to provide lowest possible costs of incremental funding, subject to capital and financial risk management constraints. It improves financial performance by analyzing business unit performance and recommending areas of improvement. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional.

Wells Fargo’s Enterprise Controls & Oversight group is a seeking highly motivated individual to join our Compliance & Quality Assurance (CQA) team to lead and contribute to the Company’s efforts in developing and maintaining a program to test accuracy and completeness of external regulatory filings and internal risk management reports. CQA is a control function within Wells Fargo’s Corporate Controllers division and serves as a critical component of our Governance & Oversight (G&O) processes over Regulatory & Risk Reporting, covering bank and broker-dealer regulatory reporting as well as internal risk reporting subject to BCBS 239 requirements. The team has exposure to all lines of business and risk functions, as well as the external financial reporting and internal risk reporting infrastructures, and frequently coordinates with internal audit.

This individual will lead and partner with other leads to continue the advancement of a comprehensive testing program for critical internal risk management reports, and be responsible for executing a testing plan for a specific set of reports.

Specific responsibilities / duties may include:

  • Executing substantive testing for a set of regulatory and risk reports, utilizing our established CQA methodology and protocols.
  • Performing detailed analysis of regulatory and risk reporting data, and assessing quality of underlying instrument level data attributes
  • Partnering with business partners to understand the environment and related initiatives to develop appropriate and complementary testing procedures
  • Monitoring new and emerging internal control related guidance and issues, to actively incorporate into review programs as appropriate
  • Communicating findings to key stakeholders timely
  • Consulting with issue owners as they complete comprehensive root cause analysis and remediation plans for issues identified

The successful candidate will be a highly motivated leader and team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. The candidate should have experience with preparing and/or testing regulatory and risk reports. The candidate should be flexible, be able to withstand challenges, and adapt accordingly.

Required Qualifications

  • 4+ years of experience in one or a combination of the following: accounting, consulting, or public accounting

Desired Qualifications

  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • A BS/BA degree or higher in accounting
  • Big four public accounting experience
  • Strong analytical skills including analyzing complex data
  • Knowledge and understanding of regulatory reporting: Federal Reserve, OCC, and SEC
  • Knowledge and understanding of BCBS-239 principles

Other Desired Qualifications

• Experience or testing/auditing regulatory or other financial/risk reports
• Exposure to bank financial reporting requirements, such as familiarity with the FR Y-9C, FFIEC 101, FR Y-14Q and CCAR/RRP related processes
• Experience with large financial institution Risk Management and Compliance programs

Street Address

NC-Charlotte: 11625 N Community House Road - Charlotte, NC
MN-Minneapolis: 550 South 4th St - Minneapolis, MN
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA


    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.

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