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.
CONTROLLER'S GROUP The Controller's Division is responsible for the Company's financial statements, establishing corporate accounting policies, preparing SEC and regulatory reports and ensuring the adequacy of internal controls. The Division also manages and supports the Company's General Ledger, Accounts Payable and Fixed Assets systems.
The Automated Regulatory Reporting team is a component of the Enterprise Financial Reporting team which resides within the Finance division of Wells Fargo spanning. The Enterprise Financial Reporting team consists of approximately 200 individuals with responsibility to ensure overall accuracy in report production across regulatory and SEC reporting and across all segments of the Company. The Automated Regulatory Reporting team is a newly created team within Enterprise Financial Reporting with the responsibility to drive quality, execute effectiveness initiatives, and ensure strategic initiatives relating to the development of an automated regulatory reporting function are successfully accomplished. This group is dedicated to the development of a fully automated regulatory report production system.
The Enterprise Financial Reporting team is in a state of rapid and dynamic change with the intent of excelling amongst our peers in performance and structural efficiency. The Automated Regulatory Reporting team will be instrumental in achieving this goal. This team will provide the strategic oversight and decisions throughout regulatory report production and also throughout data provider, operational, and technology functions to develop and ensure accurate regulatory reporting. These responsibilities culminate in the development of an instrument level regulatory reporting system capable of generating regulatory reports on an automated basis. This team will be responsible for the strategic development and detailed control and review to ensure the system is designed and implemented to produce instrument level accuracy in regulatory report line-items across all relevant reports.
This team will act as an advocate for senior management in the execution of important strategic initiatives related to the automated production of regulatory reports. Primary responsibilities include ensuring that strategic initiatives are organized, communicated proactively, involve all necessary stakeholders, and executed effectively in-line with firm-wide initiatives as it pertains to automated regulatory report production.
The position would be responsible for supporting the implementation of the automated regulatory reporting solution for in-scope regulatory reports in coordination with business partners throughout the Controller's Division and corporate functions.
Components of Role
Gain understanding of current state reporting processes, solicit and document Report Owner business requirements and support and assist with design of future state processes
Perform detailed testing, document results and perform research to understand and resolve differences identified
Support of Report Owner responsibilities:
Maintain line of sight into end to end processes used by report owners
Understand and challenge reporting results to ensure data accuracy
Understand and coordinate capture of data resulting from report instruction changes
Partner with support groups (Technology, Governance & Oversight, Data Management & Insights, Change Management, and Regulatory Technical Interpretations) to improve the control environment
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 manage effectively in a matrixed organization
Knowledge and understanding of regulatory reporting: Federal Reserve, OCC, and SEC
Management consulting experience at a top-tier consulting firm
Experience with general ledgers and accounting policies
Knowledge and understanding of corporate governance, financial reporting systems, legal entities, and role of regulatory authorities
Ability to lead projects/initiatives with high risk and complexity
Highly refined and professional verbal and written communications
Advanced Microsoft Office skills
Ability to organize and manage multiple priorities
Strong research and documentation skills
Project management experience
Experience with Oracle Financial Services Analytical Applications (OFSAA)
Strong analytical skills with high attention to detail and accuracy
Other Desired Qualifications
Experience with OFSAA, AgileReporter or similar regulatory reporting solutions
Knowledge of integrated functional testing cycle along with running SQL queries
Broad financial product knowledge throughout the banking and capital markets industry inclusive of investment banking, asset-backed financing, equity investments, etc.
Experience with Agile methodology of project delivery
NC-Charlotte: 11625 N Community House Road - Charlotte, NC
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