Finance Director, COO Group and Management Reporting (India & Philippines)ndia

Employer
Wells Fargo
Location
India
Posted
May 12, 2024
Closes
May 22, 2024
Ref
4690154057
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia, Corporate
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.

About Wells Fargo India & Philippines

India and the Philippines are critical to Wells Fargo location strategy to leverage distinct advantages of a global environment and talent. Currently we are more than 47,000 strong team members with 3 locations (Chennai, Bangalore and Hyderabad) in India and 1 at Manila. Over the next few years India/Philippines are expected to witness significant opportunities and enhance the integration of our organization within Wells Fargo.

India & Philippines locations have representation from all Wells Fargo Lines of Business (eg., Commercial Banking, Consumer & Small Business Banking, Consumer Lending, Corporate & Investment Banking, Wealth & Investment Management) as well as enterprise functions (Corporate Risk, Finance, Human Resources, Internal Audit, Legal, Technology, Strategic & Digital Innovation etc.), supporting the Bank's business in the USA.

About this role:

Reporting locally to the Head of Finance and globally to the CFO for COO, Wells Fargo Bank, this position is responsible for overall management of the portfolio of Financial Planning and Analysis services delivered across the COO group within India and Philippines.

This role has two key areas, firstly providing leadership for all COO Finance groups conducting global delivery from India and Philippines, including support to the local COO groups and additionally FP&A support to the Head of I&P, consolidating management reporting for the I&P legal entities. The role includes:
  • Managing specialized teams responsible for the largest and most complex financial advisory services
  • Focus on delivering solutions for the business groups based on financial research and economic research that may have critical impact on the long term business performance.
  • Direct a team of managers or more experienced level consultants to ensure effective consultation, report of product pricing, key metrics forecasting, validation of and support to various financial viability assessments.
  • Identify opportunities for efficient and effective support in providing key finance services such as management reporting and research for key metric forecasting.
  • Supervise the success of large, companywide complex projects and initiatives.
  • Lead finance team by making strategic decisions to resolve issues with high critical impact in order to bring success to the enterprise.
  • Provide guidelines for compliance and risk management requirements for supported area and work with other stakeholders to implement key risk initiatives.
  • Collaborate and influence all levels of professionals including more experienced managers.
  • Manage allocation of people and financial resources to ensure commitments are met and align with strategic objectives in Finance.
  • Develop and guide a culture of talent development to meet business objectives and strategy.

The team size is expected to be in the 100-200 range.

Required Qualifications:
  • 8+ years of Finance experience or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ years of Management experience

Desired Qualifications:
  • CA or Master's Degree in Finance, Accounting, Business, or Economics; MBA / CFA a plus
  • 20+ years of experience in large multinational banking organizations
  • Should have built and managed large teams of 100+ team members
  • Experience with US Banking regulations and reporting standards will be a distinct advantage.
  • Experience with global in-house centers supporting the US is preferred.
  • Knowledge of Finance and Accounting concepts, methodologies and systems. (Cost Basis Accounting, GAAP, Balance Sheet, Income Statement, Planning, Budgeting and Forecasting)
  • Ability to perform complex analyses, build financial models, draw conclusions, and communicate recommendations to business leaders.
  • Ability to negotiate, influence, and collaborate to build successful relationships
  • Ability to effectively drive results, provide feedback/direction, and manage and build relationships with leaders and team members in a geographically dispersed team and matrixed reporting environment
  • Expertise in managing quantitative data and creating meaningful analyses to lead business improvement and cost reductions. Work with large-scale data mining and reporting tools and other financial systems to produce relevant financial reports and MIS
  • Must be able to demonstrate true results in impacting business outcomes and must be an innovative leader.
  • Ability to handle multiple priorities and work to tight deadlines, coupled with a commitment to the highest quality standards and an eye for detail.
  • Team player, with the ability to gain confidence and trust at all levels of the organization, leveraging networks and overall strength of the enterprise.
  • Proven change management experience with solid decision-making skills and analytical ability.
  • Proven strong relationship management skills and demonstrated success in building partnerships, collaborating and influencing at senior levels across lines of business as well as with corporate partners and external vendors.
  • Excellent people management experience including coaching, teaching and mentoring of team members.
  • Demonstrates a high degree of reliability, integrity, and trustworthiness in all areas.
  • Takes ownership for responsibilities and for management of risk exposure.
  • A seasoned, relationship-driven executive who will have the style and sensitivity to work within a highly complex business environment. Multi-cultural sensitivity a must.

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

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.

Posting End Date:

19 May 2024
  • Job posting may come down early due to volume of applicants.

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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.