Senior Financial Reporting Analyst - Wells Fargo

4 years

0 Lacs

Posted:2 days ago| Platform: Linkedin logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

About this role:

Wells Fargo is seeking a Senior Financial Reporting Analyst

In this role, you will:

  • Meet the company's regulatory, Security and Exchange Commission, and other external financial reporting requirements
  • Lead planning and execution strategy of large, complex external financial reporting requirements
  • Provide technical interpretation on various matters and is a key change agent in building and adopting best practices within the functional area
  • Lead implementation of the most complex projects and initiatives impacting multiple lines of business across the enterprise
  • Lead stakeholder development by maintaining ongoing interaction that increases their awareness, understanding, accountability, and engagement in the reporting process
  • Lead and direct accounting technical regulatory capital and regulatory reporting guidance
  • Lead technical advisory and reporting delivery in the company's coordination of the regulatory reporting reviews performed by United States Federal Banking and Broker Dealer agencies
  • Obtain and maintain SME knowledge of the Capital, Basel Advanced and Standardized RWA methodology and related impacted regulatory reports including FFIEC 101, Pillar 3, Call Report RC-R, FR Y-9C HC-R and FR Y-14Q Schedule D
  • Support the quarterly earnings estimate process to compile estimates of the Supplementary Leverage Ratio and Supplementary Leverage Exposure.
  • Ensure the compliance with requirements under the Company's Regulatory and Risk Reporting Governance & Oversight Framework including desktop procedures, work papers, and EUCT controls for the assigned regulatory reports; provide guidance and support to the department in completion of all required deliverables
  • Perform and develop new validations, reconciliations, checks, period over period variance analysis and other analytics to ensure adherence of the reports/presentations to the regulatory instructions and guideline
  • Partner with Corporate Accounting Policy, LOB Controllers and the Regulatory Interpretations Team to ensure the consistent adherence to regulatory rules including assessment of scheduled changes
  • Be part of key projects to support the RBR Reporting Team in meeting the changing and heightened expectation of regulatory reporting requirements. This includes supporting deliverables for key strategic Enterprise Finance projects

Required Qualifications:

  • 4+ years of Finance, Accounting, Financial Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • B. Tech/CA/MBA degree or higher preferred with relevant 4+years of experience in one or a combination of the following: finance, accounting, analytics, and reporting
  • Demonstrate solid analytical skills from a Regulatory Reporting perspective. Specifically, Basel and Capital Reporting.
  • Ability to actively participate in workflow and task execution within a team environment
  • Experience in US Regulatory Reporting highly desired
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Knowledge and understanding of research and analysis
  • Ability to work effectively in a team environment and across all organizational levels
  • Solid analytical skills including the ability to handle multiple projects concurrently

Job Expectations:

  • Strong analytical skills with high attention to detail and accuracy
  • Financial Services analytics experience would be a plus
  • Project management experience and/or certification would be a plus

Posting End Date:

  • Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants With Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

  • Third-Party recordings are prohibited unless authorized by Wells Fargo.
  • Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

RecommendedJobs for You