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Wells Fargo Business Risk & Control Sr. Assoc (Finance Control Org-Controllers Division) in Des Moines, Iowa

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Enterprise Finance drives financial management for the company and maintains and enhances risk and financial controls. Key functions within Enterprise Finance include finance and accounting; Treasury; corporate development, mergers, and acquisitions; Data Management and Insights, the Customer Remediation Center of Excellence, Enterprise Shared Services, Business Process Management, and Corporate Strategy. Enterprise Finance informs shareholders, regulators, taxing authorities, employees, and leaders of the company's financial performance through earnings releases, investor meetings and conferences, and meetings with regulators and credit rating agencies, following appropriate reporting guidelines. They also maintain and enhance risk and financial controls and lead many of the company's shared services functions including corporate properties, security, and global services.

It is an exciting time to be a part of Wells Fargo's Enterprise Finance Control Organization (FCO). This newly created front line risk management position will help drive Risk transformation and implementation with a focus on Process, Risk and Controls. This front line Business Risk & Control Senior Associate will report to the Business Risk and Control Senior Manager within the Controller division Business Aligned Control team. *The candidate must have strong risk and control background and business knowledge (Controllership) is important.

Essential duties and responsibilities include, but are not limited to:

  • Support the implementation of an integrated business process, risk and control operating model.

  • Involved in the construction of business process design and assessment, including risk and controls.

  • Ensure comprehensive coverage, consistency in execution, and maintenance of risk activities, including oversight and reporting of results

  • Promote a strong risk culture, cultivate relationships and foster a team orientation with business (Controllers) partners, business-specific risk program teams, and key stakeholders in the second and third lines of defense.

  • Support and coordinate Risk activities related to business process – procedures - policies, risk identification/assessment/mitigation and controls evaluation including day-to-day governance/oversight, formal internal (audit, T&V) and external reviews/exams (regulatory), and other risk management activities.

  • Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes and controls that mitigate risks and address regulatory requirements.

  • Adaptable to a dynamic and quickly changing, fast-paced work environment where priorities or focus may be flexible.

  • Ability to focus on the details of an issue or task while keeping the big picture in mind (understand the context and connectivity by applying an integrated risk based approach).

  • Engaged project management and ability to drive progress/execution in risk initiatives.

  • Issues management – understanding, drive/execution in coordination and facilitating all stakeholders to ensure compliance and timely and effective remediation

Required Qualifications

  • 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management demonstrated through work or military experience

Desired Qualifications

  • An active Certified Public Accountant (CPA) designation

  • Experience in tax operations, tax risk mitigation, or tax compliance in a large financial institution

  • Knowledge and understanding of financial controls and risk

  • Ability to analyze financial statements, accounting principles, tax returns, and personal financial statements

  • Financial accounting experience

  • Experience with governance and oversight requirements for regulatory and risk reporting

  • Knowledge and understanding of ever-evolving regulatory environments and governance processes

  • Knowledge and understanding of an end-to-end accounting process flow and control structure

  • Ability to exercise independent judgment to identify and resolve problems

  • Ability to negotiate, influence, and collaborate to build successful relationships

  • Ability to execute in a fast paced, high demand, environment while balancing multiple priorities

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

Other Desired Qualifications

  • Controllership experience with strong risk and controls background. Focused expertise in Accounting Operations and Business Support, Tax, Governance Controls and Oversight, Enterprise Financial Reporting.

  • Experience in Auditing, Compliance, and/or functions performing risk management, assessment, quality assurance, testing and validation, or remediation activities in the financial services industry.

  • Experience in financial services organization's first, second, or third lines of defense.

  • Proven ability to discern risk and influence risk management practices, formulate and implement effective strategies, and centrally manage risks in collaboration with lines of business/groups and support functions

  • Must possess a high degree of adaptability and tolerance for ambiguity

  • Proficient at process, risk, and controls design and continuous improvement.

Street Address

MN-Minneapolis: 600 S 4th St - Minneapolis, MN

AZ-PHX-Northwest Phoenix: 2202 W Rose Garden Ln - Phoenix, AZ

NC-Charlotte: 401 S Tryon St - Charlotte, NC

IA-Des Moines: 800 Walnut St - 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.

Company: Wells Fargo

Req Number: 5562497-4

Updated: 2021-04-19 03:43:12.845 UTC

Location: Des Moines,IA