External Finance Reporting Consultant -US Regulatory Reporting Automation Team

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, team members, 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.

The Enterprise Financial Reporting team consists of approximately 200 individuals with responsibility to ensure the overall accuracy in report production across regulatory and SEC reporting and across all segments of the Company.  The Automated Regulatory Reporting team is part of 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, ensuring all are successfully accomplished.  This group is dedicated to the development of a fully automated regulatory reporting 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 throughout our 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 are executed effectively in-line with firm-wide initiatives as it pertains to automated regulatory report production.

The Consultant role within external financial reporting team responsible to meet the Company's regulatory, SEC, and other external financial reporting requirements. The role supports external financial reporting (SEC, regulatory reporting, statutory) activities with a thorough understanding of reporting requirements, end to end reporting processes, and data needed to deliver accurate and complete financial reporting. Communicates and provides consultation regularly with mid and senior level stakeholders throughout the organization. Supports FP&A / RRRP / capital forecasting on regulatory reporting related matters. Provides accounting technical regulatory capital and regulatory reporting guidance. Supports implementation of moderate to complex projects/initiatives. Understands compliance and risk management requirements for supported area.
 
Role Description
Wells Fargo is seeking a highly motivated individual to join a team of professionals and that will lead the design and/or development of various technology enablement initiatives. A candidate for this team will partner with other functions throughout the firm (operations, technology, controllers, etc.) to accomplish strategic initiatives related to data aggregation and consolidation through Excel or Access based tools.  A successful candidate must be highly organized and have strong verbal and written communication skills. Candidates for this team are expected to have a basic technical understanding of accounting and regulatory reporting requirements.
This position is primarily responsible for supporting the technical management, (and adherence to compliance standards), of tools designed to consolidate regulatory data from multiple sources. This is an individual contributor position that will be responsible for contributing to reporting transformation efforts within the team and for the development and management of tools and reporting logic used to produce accurate automated regulatory reports such as the FRY-9C, FR Y-14Q, FFIEC 031/041, and others.
The successful candidate will be a highly motivated team player and a self-starter who is accustomed to working in complex organizations and achieving results.  The candidate should be flexible, be able to withstand challenges and adapt accordingly.
Responsibilities

• Experience understanding and synthesizing business and data requirements and translating them to into a technical solution
• Participate in the automation and streamlining of tasks related to the preparation of Regulatory Reports
• Support of Report Owner responsibilities, as necessary:  This includes but is not limited to

o maintaining line of sight into end to end processes
o understanding and coordinating implementation of report instruction changes
o partnering with support groups (Governance & Oversight, Data Management, Analytics, Change Management, and Technical Interpretations) to improve the control environment

• Provide meaningful assessments of IT control environments impacted by financial, risk, and regulatory reporting
• Assess compliance with Well Fargo & Company's COSO based policies for IT controls – conduct proactive anticipation of internal control related matters
• Monitor new and emerging internal control related guidance and issues and assist with facilitating group-wide training to stakeholders
• Provide consultation and subject matter expertise for process and IT control related matters including evaluating severity of control deficiencies and related remediation efforts
• Provide process and control support and thought leadership for projects
• Interface with external auditors, regulators and others on control related matters
• Participate in driving the functional and technical requirements definition for technology enablement initiatives identified by Management
• Support the development and implementation of test strategies and approaches for technology enablement solutions previously deployed

 https://www.youtube.com/watch?v=hmen7-0Ihbk&list=PL1wnNCsFZfFVW7aXdtLBFvYrHynSOJcL0&index=4&pbjreload=101

• 4+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting demonstrated through work or military experience; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business and 2+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting demonstrated through work or military experience

• 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
• Experience with general ledgers and accounting policies
• Knowledge and understanding of regulatory reporting: Federal Reserve, OCC, and SEC
• Knowledge and understanding of corporate governance, financial reporting systems, legal entities, and role of regulatory authorities
• Highly refined and professional verbal and written communications
• Strong analytical skills with high attention to detail and accuracy
• Ability to synthesize complex analytical findings into executive level communications
• Ability to organize and manage multiple priorities
• Strong research and documentation skills
• Project management experience
• Big four public accounting experience

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.

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.