Job Description 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 & Information Technology offers technology and services that exceed Wells Fargo customers' expectations and directly enable them to succeed financially. We interact with customers more than 12 billion times a year through in-store, online, ATM, and telephone transactions. We impact customers directly through systems availability and security, as well as indirectly, through our business partners who offer and deliver a myriad of products and services that meet customers' financial needs. We provide a competitive advantage for the company through excellence in fundamentals, integrated partnerships, and our talented and engaged team members. Enterprise Finance is seeking a talented finance professional to join its Resolution and Recovery Planning Financial Forecasting Team. The team is responsible for leading, directing and ensuring completion of financial forecasts that accompany the firm-wide Resolution and Recovery plans. In addition to real time forecasting needs, this position will also help assist with the development and completion of certain strategic, narrative, and data sections of the plans. The team works across the entire Wells Fargo enterprise to develop and lead both current and future complex processes. Ability to deal with ambiguity is needed as new processes and systems are created. Position responsibilities will include the following:
Support the development of the Resolution and Recovery Plans' financial statements and related assumptions.
Development and enhancement for models owned by the RFP team for forecasting purposes
Strategic evaluation and application of complex and rapidly evolving regulatory financial analysis requirements and expectations.
Support the development and review of other financial-related plan aspects, such as market and operational playbooks and objects of sale valuations.
Coordination with other Finance partners, including those within FP&A, Liquidity Risk Management, Capital Management, Wells Fargo Securities, Corporate Development, ALM and other key impacted business lines and support groups.
Communicate with and respond to questions from regulatory agencies, internal and external auditors and risk groups.
Design, develop, implement, and monitor risk based governance program to identify, assess, and mitigate risks across financial analyses.
Preparation of additional ad-hoc analyses/presentations and completing special projects within tight deadlines.
Producing well-written succinct presentations for senior management.
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
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
VB (Visual Basic) experience
Intermediate Microsoft Access skills
Financial modeling experience
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Other Desired Qualifications
Experience in finance, strategy, accounting or related analytical-focused role within the banking / financial services industry
Understanding of the Wells Fargo organization, its business lines and legal entities and financial systems
Demonstrated experience with interpreting and / or compliance with complex regulatory requirements.
Exposure to broker dealer entities and the business activities they conduct, including derivatives, securities financing, etc.
Demonstrated working knowledge of wide range of bank or financial institution products and services.
Ability to contribute to large and complex projects related to balance sheet and income statement analysis.
Ability to proactively research and develop relationships to achieve results.
Comfort with defined and undefined responsibilities which may evolve over time.
Demonstrated experience with interpreting and building processes and output to comply with complex regulatory requirements.
Demonstrated risk and control knowledge and experience evaluating the adequacy and effectiveness of controls, including the development of control test requirements and documentation of testing results.
Experience in compliance, operational risk management, or auditing
Knowledge and understanding of recovery and resolution planning, in addition to knowledge of other forecasting processes (CCAR, 9 quarter rolling forecast)
Street Address MN-Minneapolis: 550 South 4th St - Minneapolis, MN NC-Charlotte: 301 S College St - Charlotte, NC AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ IA-West Des Moines: 7001 Westown Pkwy - West 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 is committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists. Our goal is to employ 20,000 veterans by 2020. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance.
At Wells Fargo, you’ll find a culture that is team-oriented, collaborative, structured, and challenging. Our Veteran’s Team Member Network is made up of thousands who share an interest in veterans’ matters, and promotes greater awareness and job development within the veteran community.