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.
The Asset-Liability Management (ALM) team within Treasury performs a wide range of quantitative analyses of the Company's balance sheet behavior. Team members are responsible for partnering with corporate and business unit subject matter experts to measure interest rate risk, design risk management strategies and provide management with insight concerning the balance sheet projections.
The ALM team is looking for a highly motivated and proficient individual with experience in the areas of balance sheet analysis, financial forecasting and reporting, process development, and risk management to play a key role in the Business Initiatives and Strategy group.
This position provides a unique opportunity to gain a thorough understanding of Wells Fargo's balance sheet and add value through working on various Finance strategic initiatives, inclusive of preparing financial analyses and enhancing or creating new reporting practices while building partnerships across multiple work streams including corporate and business unit finance teams.
Responsibilities for this position may include:
Development and coordination of Asset Liability Management group initiatives focused on enhancements to balance sheet strategy, risk management, analytics and reporting.
Lead cross functional/virtual teams to strategize, plan and execute a variety of initiatives involving balance sheet and risk management reporting. Examples include: ALM platform assessment, change management initiatives and process improvement and redesign.
Support ALM enhancements to net interest margin and net interest income forecasts and analytics, assumptions tracking, performance monitoring, and attribution analyses.
Utilize subject matter expertise to provide business requirements for QRM configuration changes related to initiative efforts.
Creation and development of financial analysis and reporting, inclusive of designing tools and templates.
Support of the group's written deliverables including initiative updates, supporting documentation and procedures for key processes and controls.
Support project management activities such as drafting EPM project plans, conducting stakeholder meetings, developing project milestones and coordinating progress tracking and status reporting.
Develop metrics and track/evaluate performance of programs, services and initiatives.
6+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business and 4+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting
A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
Ability to successfully operate in a complex and matrixed environment
Knowledge and understanding of financial analysis, forecasting and analyzing interest income and balance sheet behavior
Experience successfully collaborating with others in a change driven environment
Solid creative and strategic thinking skills
Excellent verbal, written, and interpersonal communication skills
Ability to take initiative and work independently with minimal supervision in a structured environment
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
Outstanding problem solving and decision making skills
Strong analytical skills with high attention to detail and accuracy
Knowledge and understanding of asset liability or liquidity management software, especially QRM
Essbase and/or SmartView experience
Other Desired Qualifications
Knowledge of corporate finance, capital markets and financial instruments
Knowledge and understanding of analytical methods used in: statistical analysis, modeling, and reporting
Tableau report building experience
Experience designing processes to be implemented broadly across a LOB or large group
Proven ability to translate strategy into sustainable implementation and operating plans
Ability to understand and evaluate end user impact and other risk factors related to policy, process or program implementation, and ensure appropriate controls and options are considered
NC-Charlotte: 301 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.
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $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 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo