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Finance Associate

  • Finance & Accounting
  • Full time
  • R-237147

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, Bengaluru and Chennai locations.
 
Department Overview

RMEO (Risk Management Entt Office) is the central point of contact between application business owners and the various risk disciplines that make up the Risk Management Framework within Wells Fargo. 

About the role

Internally this designation is known as Financial Planning and Controls Analyst. This position will use established procedures and develop new ones to complete standardized Risk Management processes within FTO (Enterprise Finance Applications Strategy) with a focus on continuous process improvement. The role will interact with leaders across the group and gain an understanding of the various application we manage. 

Responsibilities

  • Work closely with application business owners on quarterly and annual risk attestations and certifications. Provide follow-up and report results to FTO leaders.

  • Collaborate with US team members to develop and document new processes supporting FTO risk deliverables.

  • Responsible for tasks within assigned risk management discipline(s).  Liaise with risk and FTO team members to effectively and efficiently complete required documentation and exercises by the published due date.

  • Direct and administer risk activities within the broader team.  Assign work, due dates and provide constructive feedback to FTO partners.

  • Manage and maintain documentation library.  Responsible for version control and access management.

  • Manage group RMEO calendar, facilitate meetings and keep team abreast of upcoming risk deliverables.

  • Coordinate meetings and provide thorough minutes to stakeholders.

  • Partner with risk governance and enterprise finance group on specific risk disciplines including but not limited to; Model Risk, EUCT, BCP, BPM, COSO, Issues and Corrective Actions.

  • Improve team’s performance metrics focusing on continuous process improvement.  Present metrics in monthly performance meetings.

Market Skills and Certifications :

Essential Qualifications  

  • 3-7 years of experience in one or a combination of the following: finance, reporting, accounting or risk management.

  • CA,ICWA or MBA as preferred qualification.

  • Advanced Excel skills required include proficiency with nested formulas, data tables and pivot tables

  • Strong PowerPoint skills, Microsoft word, OneNote skills.

  • Strong attention to detail but able to understand the big picture.

  • Excellent organization skills. 

  • Finance acumen with the ability to explain complex financial concepts to team members outside of finance and align business processes to risk management programs.

Preferred Qualification

  • Ability to work both independently and in a team environment.

  • Problem solver, inquisitive and resourceful

  • Strong administrative and time management skills

  • Familiarity with Relational Database Models and SQL Syntax is helpful

  • Experience with Documentum, SharePoint, IRISWeb or Essbase a plus.

  • Familiarity with Wells Fargo internal applications and risk platforms is helpful.

  • Business System Support experience a plus.

*Leadership Expectations at Wells Fargo :

*We Value Diversity :

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate

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.


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