Senior Financial/Regulatory Reporting Analyst

Company: Wells Fargo
Location: Chandler
Posted on: March 15, 2023

Job Description:

About this role: Wells Fargo is seeking a Senior Financial Reporting Analyst to join the Regulatory and Basel Reporting team. This position will be responsible for preparation and analysis of the FR Y-14M/Q reports along with execution of best practices to ensure the reporting process is well-controlled and sustainable. The implementation of process improvements, automation and efficiency projects will be a integral part of this role. In this role, you will:

• Perform and develop validations, reconciliations, checks, period over period variance analysis and other analytics to ensure adherence of the reports to the regulatory instructions and guidelines.
• Obtain and maintain advanced knowledge of FR Y14Q/M regulatory reporting requirements.
• Partner with the Regulatory Interpretations Team and data providers to ensure that consistent adherence to regulatory rules including assessment of scheduled changes.
• Identify and execute on efficiency and continuous improvement opportunities.
• Participate in strategic projects to support the Regulatory Reporting and Basel Team in meeting the changing and heightened expectation of regulatory reporting requirements.
• Ensure the compliance with requirements under the Company's Regulatory Reporting Governance & Oversight Framework including desktop procedures, work papers, and internal controls for the assigned regulatory reports.
• Anticipate and identify issues based on expert knowledge of existing reporting processes and/or business trends, and lead issue investigation and remediation
• Analyze complex reporting data to identify and report data issues that could lead to reporting errors.
• Analyze the regulatory proposal of new/revised rules, support the reporting team to assess the data readability, and assist in addressing the comments to the Federal Reserve Board (FRB) Required Qualifications, US:
  • 4+ 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:
    • 3+ years of risk and finance regulatory reporting experience
    • Strong analytical skills with high attention to detail and accuracy
    • Ability to take initiative, identify opportunities and implement change
    • Ability to organize and manage multiple priorities
    • Knowledge and understanding of OBIEE (Oracle Business Intelligence Enterprise Edition)
    • Knowledge and understanding of corporate governance, financial reporting systems, legal entities, and role of regulatory authorities
    • 2+ years of experience with SAS or SQL, or other data management, reporting and query tools
    • A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting Job Expectations:
      • Hybrid work model, 3 days in office/2 days out. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. 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 US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. 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.

Keywords: Wells Fargo, Chandler , Senior Financial/Regulatory Reporting Analyst, Accounting, Auditing , Chandler, Arizona