Feb 28, 2020
Job Description Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to 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 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. 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 to drive the efficiency and effectiveness of the team. A candidate for this team will need to 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 should also have a basic technical understanding of accounting and regulatory reporting requirements. The position would be primarily responsible for the technical management, along with adherence to compliance standards, of tools designed to consolidate regulatory data from multiple sources. Responsibilities Experience with understanding and synthesizing requirements and translating them to a technical solution Automate and streamline tasks related to the preparation of Regulatory Reports Support of Report Owner responsibilities, as necessary: This includes but is not limited to maintaining line of sight into end to end processes understanding and coordinating implementation of report instruction changes partnering with support groups (Governance & Oversight, Data Management, Analytics, Change Management, and Technical Interpretations) to improve the control 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 impacted by internal controls over financial reporting and strategic planning for on-going IT control compliance with COSO policies (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 interested and impacted 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; and, Act as a change agent for continual improvement of the control environment. Role Description This is an individual contributor position that will be responsible for reporting transformation efforts within the team and for the development and management of tools and reporting logic used to produce accurate regulatory reports such as the FRY-9C, all supporting schedules, FR Y-14Q, FFIEC 031/041, among many other reports. Responsibilities may include, but not be limited to the following: Driving the functional and technical requirements definition for technology enablement initiatives identified by Management Designing and architecting technology enablement solutions that meet approved functional and technical requirements Developing approved technology enablement solutions according to approved functional and technical requirements Develop and implement test strategies and approaches for technology enablement solutions deployed Building relationships and collaborating with key stakeholders Assisting with projects impacting the team. The successful candidate will be a highly motivated team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. The candidate should be flexible, be able to withstand challenges and adapt accordingly. Required Qualifications 4+ 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 2+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting Desired Qualifications 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 Ability to synthesize complex analytical findings into executive level communications Ability to organize and manage multiple priorities Strong research and documentation skills Advanced Microsoft Office skills Project management experience Big four public accounting experience Strong analytical skills with high attention to detail and accuracy Other Desired Qualifications Knowledge and understanding of capital markets: business and processes 4+ years of experience in one or a combination of the following: Financial Reporting, project management, IT consulting, or strategic planning Advanced Microsoft Office skills, such as: Automate Excel-related tasks with using VBA Well versed with Collection Objects (Array, Dictionary, List, Range etc.) supported in VBA Ability to create basic form in Excel to fetch information from user Job Expectations Ability to travel up to 15% of the time Street Address NC-Charlotte: 11625 N Community House Road - Charlotte, NC MN-Minneapolis: 550 South 4th St - Minneapolis, MN Disclaimer 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.
Charlotte, NC, USA