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.
This role is a senior level external financial reporting consultant within Wells Fargo's regulatory interpretations team in Financial Reporting. The candidate will be responsible for consulting and liaising with executive and business unit management, accounting and regulatory support groups, and functional partners on interpretive issues related to regulatory reporting and regulatory capital requirements. The position requires a general understanding of regulatory reporting requirements, regulatory capital rules, and/or generally accepted accounting principles (GAAP).
Evaluating and interpreting current and proposed regulations and reporting requirements
Providing regulatory capital and reporting consultation and interpretations
Providing technical transaction advisory assistance on Company and line of business transactions
Educating corporate and business unit executive management on current regulatory capital and reporting issues
Providing technical advice, research, training and awareness to business lines, cross-functional teams and other personnel related to current and/ or complex regulatory capital and reporting issues
Active participation in the implementation of complex regulatory capital and reporting projects or managing aspects thereof, including, participating in or managing cross-functional teams and managing Company-wide task forces
Developing, implementing, maintaining and communicating regulatory capital policies, practices and procedures, including recommending changes thereto based on changes in regulatory guidance
Reviewing and providing input on quarterly and annual financial data for regulatory reports, including consolidated and subsidiary financial statements, footnotes and other external disclosures
Participation in the preparation and/or reviewing of comment letters and other correspondence to regulatory standard setters
Serving as liaison for regulatory capital and reporting issues with both internal and external audit staffs, and banking regulators
Providing or assisting with in-depth business analysis and developing long-term strategies to optimize business line or company performance
Active participation in industry and peer groups to influence the regulatory standard-setting process
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 possess a significant amount of professional presence and be accustomed to presenting material to senior executives. The candidate should be flexible, be able to withstand challenges and adapt accordingly.
This position may be subject to periodic background checks.
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 manage effectively in a matrixed organization
Big four public accounting experience
Knowledge and understanding of audit, regulatory compliance, or risk management
Knowledge and understanding of regulatory compliance requirements surrounding Dodd Frank, Basel II and III
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
An active Certified Public Accountant (CPA) designation
Ability to prepare and present senior level communications
MN-Minneapolis: 550 South 4th St - Minneapolis, MN
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.
Internal Number: 5545184
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo