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Job Description
About the Role
- Working within the wider Controllers Team, this role supports the preparation and submission of complete, accurate, and timely regulatory reporting to various regulatory authorities.
- Responsibilities include oversight of production activities (data processing, report compilation), review of reporting output, and maintenance of a robust control environment.
Responsibilities
- Performance of regulatory reporting production tasks, including:
- Support technical analysis of reporting rules/instructions, perform variance analysis, working with key stakeholders including EMEA regulatory policy
- Hands on experience on various regulatory guidelines and Operate/monitor data sourcing and data ingestion processes
- Run defined production processes involving data transformation, and as necessary adjustment, to create required outputs
- Operate key production related controls, including investigation and resolution of issues where required
- Perform analytical review of reporting output, including provision of commentary as necessary
- Support development and maintenance of a robust and effective control environment:
- Work with control stakeholders to ensure that operating controls are fully aligned to the standards and expectations of the EMEA Controller function
- Provide relevant control metrics as required to facilitate oversight and governance
- Handle issues and errors in line with International Controller and Enterprise-wide policies and procedures
- Ensure operational documentation is maintained, and is best in class
- Participate in change management activities to support ongoing reporting accuracy and process efficiency:
- Support continuous improvement of processes utilized within regulatory reporting, embracing wherever possible digital tools such as Alteryx, PowerBI,Tableau, and Workiva
- Partner with the change management and technology functions to support major change delivery, including (but not limited to) provision of technical/business requirements, engagement with testing, creation of revised operating models and supporting documentation
- Support development of junior staff, and as necessary perform day to day operational oversight tasks (work prioritization, status monitoring & reporting etc.)
Desired Qualifications
- Qualified CA/CFA/ICWA/MBA-Finance with 5+ years of experience in Finance & Accounting
- Experience preparing regulatory returns for a financial services organization, ideally encompassing both US and International (UK/European capital & liquidity returns, as well as financial/statistical reporting) output.
- Self-motivated with the ability to work independently within a team structure.
- Innovative mindset, with a track record of process enhancement (enhancing efficiency, control, transparency).
- Understanding of change management discipline, and the ability to collaborate effectively data management teams and Technology partners
- Understanding of regulatory/best in class expectations in respect of controls and governance
- Strong communication skills, with the ability to present concisely and accurately to senior audiences
- Strong academic background, and a financial/accounting professional qualification.
- Honesty and integrity in all aspects of their work.
- Intuitive; fast learner with good problem-solving skills.
- Good time management and organizational skills.
Desired Qualifications
- Knowledge of ‘NextGen’ tools such as Alteryx, Power BI, Tableau, Confluence, Workiva and similar
- Shift Timings: IST 13.30 to 22.30
Posting End Date: Looking to get Placed? Try our Placement Guarantee Plan
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Skills
AccountingData ProcessingProvisionReturnsCaCfaFinanceAccountantFinancial AccountantIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Wells Fargo & Company is an American multinational financial services company with a significant global presence, operating in 35 countries and serving over 70 million customers worldwide. It is one of the “Big Four” banks in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup, and is designated as a systemically important financial institution by the Financial Stability Board.
Founded in 1852 by Henry Wells and William G. Fargo, the company’s primary subsidiary is Wells Fargo Bank, N.A., headquartered in Sioux Falls, South Dakota for legal purposes. Wells Fargo is the fourth‑largest bank in the U.S. by total assets and ranks among the largest by deposits and market capitalization. It operates over 8,000 branches, 13,000 ATMs, and is a leading retail mortgage originator and servicer in the U.S., with a servicing portfolio exceeding $1.8 trillion.
In India, Wells Fargo began operations in 2006 with Wells Fargo India Solutions and has since expanded to major offices in Hyderabad, Bengaluru, and Chennai. The India teams support nearly all of Wells Fargo’s business lines, delivering services in technology, operations, risk, analytics, and corporate functions. India is a critical hub in the bank’s global delivery strategy, focusing on innovation, operational excellence, and strong risk management.
Important dates & deadlines?
Application Deadline
11 Jan 26, 05:50 PM IST
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