Logo of Huzzle

Financial Controls Associate

  • Job
    Full-time
    Entry & Junior Level
  • Accounting & Tax
    Banking & Finance

AI generated summary

  • You need 6+ months in finance, accounting, analytics, or audit, and experience in control testing, SOX, and test design, along with a bachelor's or master’s degree.
  • You will support financial reporting governance, oversee moderate risk testing, collaborate with colleagues to resolve issues, and develop knowledge of the governance framework under manager direction.

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
  • Bachelor's or Master's degree
  • 6+ months of experience in control testing, SOX, Test design is required.

Responsibilities

  • 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

FAQs

What is the primary responsibility of a Financial Controls Associate at Wells Fargo?

The primary responsibility is to provide support for financial reporting, information technology governance, and oversight matters, as well as conducting testing and monitoring for control areas.

What qualifications are required for this position?

The required qualifications include 6+ months of experience in Finance, Accounting, Analytics, Reporting, or Business and Technology Audit, or equivalent experience through work, training, military service, or education.

Is a specific educational background preferred for applicants?

Yes, a Bachelor's or Master's degree is desired for applicants, along with 6+ months of experience in control testing, SOX, or test design.

What does the job entail concerning risk management?

The job entails executing applicable risk programs, adhering to Wells Fargo policies and procedures, and making sound risk decisions while identifying and escalating risks appropriately.

Can people with disabilities apply for this position?

Yes, Wells Fargo welcomes applications from all qualified candidates, including individuals with disabilities, and provides accommodations during the recruitment process upon request.

Is there a specific drug and alcohol policy that candidates should be aware of?

Yes, Wells Fargo maintains a drug-free workplace and has a specific Drug and Alcohol Policy that applicants should review.

How does Wells Fargo view diversity in the workplace?

Wells Fargo values diversity, equity, and inclusion and encourages applications from all qualified candidates regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, and other protected statuses.

Will I receive feedback after the application process?

While Wells Fargo reviews all applications, there is no guarantee of individual feedback due to the potential volume of applicants.

Are there opportunities for advancement within the Financial Controls Associate role?

Yes, there are opportunities for growth and advancement as associates develop their skills and gain experience in risk management and financial controls.

How is the work culture at Wells Fargo?

The work culture at Wells Fargo emphasizes building strong customer relationships while maintaining a risk-mitigating and compliance-driven environment, valuing accountability and proactive monitoring.

Finance
Industry
10,001+
Employees
1929
Founded Year

Mission & Purpose

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. 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. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.