Assistant Vice President, US Financial Reporting

Job description

**About this role:** Wells Fargo is seeking a Financial Reporting Analyst **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 **Desired Qualifications:** - B.SC/B.Tech/MBA degree or higher preferred with experience in one or a combination of the following: finance, accounting, analytics and reporting - Mandatory SAS certification with proven ability to independently develop, execute and troubleshoot SAS programs and queries for regulatory, reconciliation and analytical use cases. - Demonstrate solid analytical skills from a Regulatory Reporting perspective. Specifically Basel and Capital Reporting. - Ability to actively participate in work flow and task execution within a team environment - Experience in US Regulatory Reporting highly desired - Excellent verbal, written, and interpersonal communication skills - Strong analytical skills with high attention to detail and accuracy - Knowledge and understanding of research and analysis - Ability to work effectively in a team environment and across all organizational levels - Solid analytical skills including the ability to handle multiple projects concurrently - Financial Services analytics experience would be a plus - Project management experience and/or certification would be a plus - Advanced Degree in SAS programming **Job Expectations:** **About Wells Fargo** Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. **About Wells Fargo India** Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad and Bengaluru locations **Department Overview** Regulatory and Basel Reporting is a functional area within the Corporate Controller’s division responsible for delivering timely, accurate, and complete external financial reporting. This includes but is not limited to US Regulatory Filings (SEC, FRB, OCC, FDIC) and standalone legal entity reporting. **About the Role** Enterprise Financial Reporting (Regulatory Reporting) is a functional area within the Corporate Controller’s division responsible for delivering timely, accurate, and complete external regulatory reporting. The WFIP Offshore resources support the Financial Reporting Team by performing data collection, aggregation, consolidation, reconciliation, first-level analysis, pre-production activities, initial report preparation, and variance analysis and associated report preparation activities. They also perform operational processes such as data compilation, reconciliation, and schedule preparation. Wells Fargo’s Regulatory and Basel Reporting team (RBR) WFIP Team is responsible for supporting the filing of regulatory reports with regulatory agencies and has many ongoing projects related to the enterprise-wide implementation of centralized data management infrastructure and the COSO-based governance and oversight framework. RBR is looking for a Financial Reporting Associate Manager to join the team to prepare, analyze and perform the first level review of the Regulatory RWA and Capital Reporting submissions and the related Data Quality Analysis. This role will be responsible for supporting the Report Owners including but not limited to preparation, primary analysis and review, Issue impact assessments supporting regulatory amendments and / or implementation of new accounting standards or regulatory rules. The candidate will be expected to have a working knowledge of Basel and the Advanced and Standardized Basel Risk Weighted Asset (RWA) reporting and related data inputs. This function will also provide support for related process improvement and regulatory reporting infrastructure implementation initiatives. **Responsibilities** - Candidates will be expected to leverage data quality analysis skills, and knowledge of tools like SQL, SAS, and Toad etc. Ability to undertake analytics related to Basel Capital Reporting would be an advantage. - Validating BASEL Reconciliation Essbase cubes. - Validate BASEL configuration files. - Review the quarterly results of the BASEL reconciliation. - Assist the BASEL Rec