Job Description

About the Role
This is a transition role for F and A where we are looking for SMEs with Risk and Compliance, COSO, Audit and Accounting. The role will require closely working with state side team members and the local manager for ensuring good quality deliverables.

Responsibilities
Providing meaningful assessments of IT control environments impacted by financial, risk, and regulatory reporting;
Assessing adherence to Well Fargo & Companys 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.
Individual will be responsible 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). Additionally, 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.

Essential Qualifications
Bachelors/ Post graduate in Accounting, Finance or Business Administration.
4 years of 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.

Desired Qualifications
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
Education: MBA/ PGDMr r r r r r r Any Graduate
Industry: Financial Services/Stockbroking, Banking

Skills Required