Wells Fargo US Regulatory Call Reporting Senior Analyst - External Financial Reporting Senior Consultant in Minneapolis, Minnesota

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 & Information Technology offers technology and services that exceed Wells Fargo customers’ expectations and directly enable them to succeed financially. We interact with customers more than 12 billion times a year through in-store, online, ATM, and telephone transactions. We impact customers directly, through systems availability and security, as well as indirectly, through our business partners who offer and deliver a myriad of products and services that meet customers’ financial needs. We provide a competitive advantage for the company through excellence in fundamentals, integrated partnerships, and our talented and engaged team members.

  • Enterprise Finance*

Corporate Finance plans, tracks, analyzes and reports financial results; manages the company’s balance sheet, including liquidity and funding, capital and investments; oversees internal real estate needs; drives acquisitions; is responsible for financial controls; and leads corporate strategy. Corporate Finance identifies areas of financial risk and mitigates efforts appropriately. It works with capital markets to provide lowest possible costs of incremental funding, subject to capital and financial risk management constraints. It improves financial performance by analyzing business unit performance and recommending areas of improvement. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional.

_The Team_

The Regulatory and Basel Reporting team (RBR) is responsible for timely and accurate regulatory filings. This work effort includes application of Call reporting instructions, collection of data necessary to populate reports, and understanding of trends and variances in reporting line items. _ _

_The Role_

Wells Fargo’s Regulatory and Basel Reporting team (RBR) is responsible for filing regulatory reports with numerous regulatory agencies and currently has many ongoing projects related to the enterprise-wide implementation of data management and the COSO-based governance and oversight framework. RBR is looking for a senior analyst to join its team to prepare, review and analyze the Call Reporting schedules (FFIEC 031/41 and Y9-C) and other domestics US Regulatory reports and disclosures. In addition to the core reporting responsibilities, this key function will also support related process improvement and implementation initiatives. This position will be coordinating with key partners including the line of business data providers to deliver timely and accurate reports. The Call Reporting Senior Analyst will directly communicate with management, business line controllers, and banking regulators, including the Federal Reserve Board and FDIC providing prompt reporting status and appropriate responses to questions / enquiries.

The ability to quickly learn and adapt to the fast-paced and ever-changing regulatory reporting environment is a key requirement. Leading and developing best practices to ensure the Call Reporting process is a well-controlled sustainable process is also a fundamental requirement. This includes working with remote staff based on the RBR global reporting model. The successful candidate will have a demonstrated history of being an independent self-starter, capable of working efficiently to meet tight deadlines and adapt in a changing environment.

Key Responsibilities include:

  • Obtain and maintain SME knowledge of the main Call Reporting requirements enforcing the compliance.

  • Partner with Corporate Accounting Policy, LOB Controllers and the Regulatory Interpretations Team to ensure that consistent adherence to regulatory rules including assessment of scheduled changes.

  • Be part of key projects to support the RBR Reporting Teams in meeting the fast change and heightened expectation of regulatory reporting requirements. This includes supporting deliverables for key strategic Enterprise Finance projects.

  • Implement change management effectively communicating regulatory reporting changes to all stakeholders to ensure appropriate implementation of new or revised regulatory reporting requirements.

  • Ensure the compliance with requirements under the Company’s Regulatory Reporting Governance & Oversight Framework including desktop procedures, work papers, and EUCT controls for the assigned regulatory reports; provide guidance and support to the department in completion of all required deliverables.

  • Provide input to impact of reporting deficiencies; communicate and facilitate the discussion with line of business reporting team for resolution; track and document the resolution implementation cycle from report owner perspectives. Follow the established amendments framework as required.

  • Set standards for report review process to ensure the fulfillment of report owner responsibility.

  • Support ad-hoc report request for reporting analysis and issue investigation.

Required Qualifications:

  • 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

Desired Qualifications:

  • Experience with governance and oversight requirements for regulatory and risk reporting

  • Excellent verbal, written, and interpersonal communication skills

  • Strong analytical skills with high attention to detail and accuracy

  • Extensive knowledge and understanding of research and analysis

  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

  • Ability to synthesize complex analytical findings into executive level communications

  • Ability to translate and summarize complex data into understandable, actionable information and recommendations

  • Knowledge and understanding of analytical methods used to: plan, conduct, and direct the analysis of complex business problems

  • Ability to travel up to 10% of the time

Job Expectations:

  • Ability to travel up to 10% of the time

How to Express Interest in This Job: Wells Fargo invites you to apply for this job at https://employment.wellsfargo.com/psc/PSEA/APPLICANTNW/HRMS/c/HRSHRAMFL.HRSCGSEARCHFL.GBL?Page=HRSAPPJBPST_FL&FOCUS=Applicant&SiteId=1&JobOpeningId=5408240&PostingSeq=1.

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.

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.