Job Description

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune\'s 2017 rankings of America\'s largest corporations. Wells Fargo\'s vision is to satisfy our customers\' financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories .

Department Overview

Enterprise Financial Reporting is a functional area within the Corporate Controller\'s division responsible for delivering timely, accurate, and complete external financial reporting. This includes but is not limited to US Regulatory Filings (SEC, FRB, OCC, FDIC) and standalone legal entity reporting.

Strategic Initiatives supports many of the EFR Controllership initiatives including key projects, risk identification and remediation, data provisioning, governance and testing, among others. The SI mandate provides for change management, implementation leadership, remediation identification, tactical fixes, organizational design and strategic operating model support. The Strategic Initiatives Team consists of eONE Report Implementation and Overall Program Support, Change Management and Remediation / Implementation and Other Enterprise Support.

About the Role

The Offshore resources support the Financial Reporting Team by performing data collection, aggregation, consolidation, reconciliation, first-level analysis, pre-production activities, initial report preparation, and variance analysis and associated report preparation activities. They also perform operational processes such as data compilation, reconciliation, and schedule preparation.

Wells Fargo\'s Regulatory and Basel Reporting team (RBR) India Team is responsible for supporting the filing of regulatory reports with regulatory agencies and has many ongoing projects related to the enterprise-wide implementation of centralized data management infrastructure and the COSO-based governance and oversight framework.

RBR is looking for a financial reporting Associate (P1) to join the team to prepare, analyze and perform the primary preparation of Regulatory Reporting schedules for our Regulatory Reports and support key schedules. This role will be responsible for supporting the Report Owners including but not limited to preparation of primary schedules and workpapers, Issue impact assessments supporting regulatory amendments and / or implementation of new accounting standards or regulatory rules. This function will also provide support for related process improvement and regulatory reporting infrastructure implementation initiatives.

Responsibilities

• Good end user knowledge of core US Fed Regulatory daily, weekly, monthly and Quarterly Reporting.

• Preparation of the FR Y14Q/M, FR Y15, FR Y12, FR2420 etc.,
• Work on Control Framework w.r.t Edit checks, Data Defects etc., internally refers to CASTIAM, DIIRF and Datagaps for FR Y14s and BASEL reporting.
• Candidates will be expected to develop SME knowledge of the main Regulatory Reporting requirements.

• Support preparation of schedules for regulatory reporting.
• Provide support and input to impact of reporting deficiencies and related issue remediation.

Essential qualifications

• Demonstrated history of being an independent self-starter, ability to effectively communicate at all levels and capable of working efficiently to meet tight deadlines
• Qualified Accountant/MBA Up to 3 to 5 years of experience in one or a combination of the following: finance, accounting, analytics, and reporting
• Demonstrate solid Accounting skills from a Regulatory Reporting (RAAP) perspective.
• Excellent verbal, written, and interpersonal communication skills

• Ability to work effectively in a team environment and across all organizational levels

Desired Qualifications

• Financial Services accounting experience would be a plus
• Project management experience and/or certification
• System knowledge of Axiom, Essbase are advantageous.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.

Drug and Alcohol Policy

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