Financial Reporting Analyst

Employer
Wells Fargo
Location
Chennai
Posted
Nov 07, 2024
Closes
Nov 08, 2024
Ref
4918016050
Level
Staff
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia, Corporate
- About this role: Wells Fargo is seeking a... In this role, you will:
- Meet the company's regulatory, Security and Exchange Commission and other external financial reporting requirements
- Support external financial reporting activities with a thorough understanding of reporting requirements, end to end reporting processes, and data needed to deliver accurate and complete financial reporting
- Support implementation of moderate to complex projects and initiatives
- Provide accounting technical regulatory capital and regulatory reporting guidance
- Identify compliance and risk management requirements for supported area
- Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
- Communicate and provide consultation with experienced stakeholders throughout the enterprise
- Required Qualifications:
- 2+ years of Finance, Accounting, Financial Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Experience in Finance, Accounting, Financial Reporting, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Desired 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 CA/CFA/CPA/MBA Up to 5 to 8 years of experience in one or a combination of the following: finance, accounting, analytics, and reporting
- Demonstrate solid Accounting skills from a Regulatory Reporting perspective.
- Ability to supervise work flow and task execution within a team environment
- Excellent verbal, written, and interpersonal communication skills
- Strong analytical skills with high attention to detail and accuracy
- Extensive knowledge and understanding of research and analysis
- Ability to work effectively in a team environment and across all organizational levels
- Solid project management skills including the ability to handle multiple projects concurrently
- Job Expectations:
- Good end user knowledge of core US Regulatory Weekly and Quarterly Reporting. Report Owner experience would be helpful, with the ability to work on preparing and reviewing data received from Business Controllers & G/L.
- Candidates will be expected to drive process reengineering initiatives consistent with Enterprise Finance strategies. This will include leveraging robust data quality analysis skills, knowledge of industry tools like SAS, Toad. Specific end user knowledge of Alteryx and Axiom would be an advantage.
- Candidates would preferably have a working knowledge of US Regulatory Reporting with some experience working on the FR Y9-C, FFIEC101, and FFIEC031.
- Candidates will be expected to develop SME knowledge of the main Regulatory Reporting requirements.
- Support preparation of Executive level information that would include supporting the board level financial summaries
- Candidates may partner with Corporate Accounting Policy, Business Controllers and the Regulatory Interpretations Team to ensure that consistent adherence to regulatory rules including assessment of scheduled changes.
- The Analyst will support compliance with requirements under the Company's Regulatory Reporting Governance & Oversight Framework
- Provide support and input to impact of reporting deficiencies and related issue remediation.
- Required Qualifications for Europe, Middle East & Africa only:
Posting End Date:
7 Nov 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Req Number: R-412022