Assistant Vice President Us Financial Reporting jobs at Wells Fargo in India, Chennai

In this role, you will:

• Provide consultation to more experienced leadership for financial accounting related matters
• Perform complex activities associated with maintaining ledger accounts, developing financial statements and regulatory reports
• Gather and review financial data for financial and regulatory reports
• Review data from the general ledger, unit reports and various financial systems to ensure accuracy
• Prepare and review account reconciliations and certifications
• Analyze projects relating to financial accounting procedures, methods or systems
• Perform ongoing financial control functions in accordance with internal controls policies
• Provide functional advice and training to individuals
• Provide support for compliance and risk management requirements
• Collaborate and consult with stakeholders throughout the enterprise

Required Qualifications:

• 2+ years of Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting or Risk Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• CA/ CMA/CPA is preferred

Job Expectations:

• Shift timing is 01:30 PM to 10:30 PM IST

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

​About this role:

• In this role, you will:

  • Participate in and provide support for low complexity initiatives

  • Investigate, negotiate and mitigate potential or known moderate dollar loss or risk claims with customer suspects

  • Examine evidence and work with more difficult customers or collect losses from responsible party

  • Examine fraud findings to determine extent of fraud risk

  • Review issues and policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact

  • Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities, policy violations and suspicious situations with low to moderate risk

  • Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products

  • Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements

  • Draft report of findings and trend evaluation and make recommendations to mitigate risk

  • Provide information to managers, functional colleagues and stakeholders

  • Provide litigation support, under guidance by more experienced colleagues, by providing support documentation, testimony and evaluating cases for potential risk

  • Conduct education for financial crimes awareness

  
  Required Qualifications:

  6+ months of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

  Desired Qualifications:

  • Anti -Money Laundering (AML) / Bank Secrecy Act (BSA) experience including strong knowledge and understanding of transaction monitoring.

  • Good analytical skills with high attention to detail and accuracy.

  • Good verbal and written communication skills.

  • Good time management skills and ability to meet deadlines.

  • Microsoft Office (Word, Excel, and Outlook) skills.

  • Experience in Transaction monitoring, financial investigation, Risk & Compliance.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

About this role:

Wells Fargo is seeking a Financial Crime Associate.

• As a part of Wells Fargo's second line of defense and Independent Risk Management team, Financial Crimes Risk Management covers jobs responsible for implementing and maintaining an effective financial crimes program for the company that complies with all applicable laws, regulations, and regulatory expectations including Bank Secrecy Act, Anti-Money Laundering, Counter-Terrorist Financing, and Global Sanctions.

In this role, you will:

• Participate in and provide support for low complexity initiatives

• Investigate, negotiate and mitigate potential or known moderate dollar loss or risk claims with customer suspects

• Examine evidence and work with more difficult customers or collect losses from responsible party

• Examine fraud findings to determine extent of fraud risk

• Review issues and policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact

• Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities, policy violations and suspicious situations with low to moderate risk

• Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products

• Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements

• Draft report of findings and trend evaluation and make recommendations to mitigate risk

• Provide information to managers, functional colleagues and stakeholders

• Provide litigation support, under guidance by more experienced colleagues, by providing support documentation, testimony and evaluating cases for potential risk

• Conduct education for financial crimes awareness

Required Qualifications:

• 6+ months of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Anti -Money Laundering (AML) / Bank Secrecy Act (BSA) experience including strong knowledge and understanding of transaction monitoring.

• Good analytical skills with high attention to detail and accuracy.

• Good verbal and written communication skills.

• Good time management skills and ability to meet deadlines.

• Microsoft Office (Word, Excel, and Outlook) skills.

• Experience in Transaction monitoring, financial investigation, Risk & Compliance.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

About this role:

Wells Fargo is seeking a Financial Crime Associate.

• As a part of Wells Fargo's second line of defense and Independent Risk Management team, Financial Crimes Risk Management covers jobs responsible for implementing and maintaining an effective financial crimes program for the company that complies with all applicable laws, regulations, and regulatory expectations including Bank Secrecy Act, Anti-Money Laundering, Counter-Terrorist Financing, and Global Sanctions.

In this role, you will:

• Participate in and provide support for low complexity initiatives

• Investigate, negotiate and mitigate potential or known moderate dollar loss or risk claims with customer suspects

• Examine evidence and work with more difficult customers or collect losses from responsible party

• Examine fraud findings to determine extent of fraud risk

• Review issues and policies or procedures for which answers can be quickly obtained related to lower risk tasks and deliverables with narrower impact

• Research and scrutinize complex transactions and referrals to prevent and detect financial crimes activities, policy violations and suspicious situations with low to moderate risk

• Perform analysis to detect patterns, trends, anomalies and schemes in transactions and relationships across multiple businesses or products

• Receive direction from supervisor and exercise judgment within defined parameters while developing understanding of function, policies, procedures, and compliance requirements

• Draft report of findings and trend evaluation and make recommendations to mitigate risk

• Provide information to managers, functional colleagues and stakeholders

• Provide litigation support, under guidance by more experienced colleagues, by providing support documentation, testimony and evaluating cases for potential risk

• Conduct education for financial crimes awareness

Required Qualifications

• 6+ months of Financial Crimes, Operational Risk, Fraud, Sanctions, Anti-Bribery, Corruption experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Anti -Money Laundering (AML) / Bank Secrecy Act (BSA) experience including strong knowledge and understanding of transaction monitoring.

• Good analytical skills with high attention to detail and accuracy.

• Good verbal and written communication skills.

• Good time management skills and ability to meet deadlines.

• Microsoft Office (Word, Excel, and Outlook) skills.

• Experience in Transaction monitoring, financial investigation, Risk & Compliance.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Provide support for financial accounting related matters for lines of business and control functions
• Review basic activities associated with maintaining ledger accounts, financial statements and regulatory reports
• Gather financial data for financial and regulatory reports
• Review data from the general ledger, unit reports and various financial systems to ensure accuracy
• Receive direction from managers and exercise independent judgment while developing understanding of financial control functions in accordance with the company’s internal control policies
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months of Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting or Risk Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Qualified CA/CMA is preferred
• Experience in Regulatory Reporting.

Job Expectations:

• Shift Timing is 01:30 PM to 10:30 PM IST

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

• About this role:

  Wells Fargo is seeking a Financial Reporting Associate

  
  In this role, you will:

• Provide support for 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

• Receive direction from a manager and exercise independent judgment while developing understanding of compliance and risk management requirements for the supported area

• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

• 
  Required Qualifications:

• 6+ months 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:

• Demonstrated history of being an independent self-starter, ability to effectively communicate at all levels and capable of working efficiently to meet tight deadlines

• 
  Job Expectations:

• Good end user knowledge of core US Regulatory Weekly and Quarterly Reporting. Report Owner experience would be helpful, with the ability to work on preparing and reviewing data received from Business Controllers & G/L.

• Candidates will be expected to drive process reengineering initiatives consistent with Enterprise Finance strategies. This will include leveraging robust data quality analysis skills, knowledge of industry tools like SAS, Toad. Specific end user knowledge of Alteryx and Axiom would be an advantage.

• Candidates would preferably have a working knowledge of US Regulatory Reporting with some experience working on the FR Y9-C, FFIEC101, and FFIEC031.

• Candidates will be expected to develop SME knowledge of the main Regulatory Reporting requirements.

• Support preparation of Executive level information that would include supporting the board level financial summaries

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

• The Analyst will support compliance with requirements under the Company’s Regulatory Reporting Governance & Oversight Framework

• Provide support and input to impact of reporting deficiencies and related issue remediation.

• Qualified CA/CFA/CPA/MBA experience in one or a combination of the following: finance, accounting, analytics, and reporting

• Demonstrate solid accounting skills from a Regulatory Reporting perspective.

• Ability to supervise workflow and task execution within a team environment

• 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

• Solid project management skills including the ability to handle multiple projects concurrently

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Provide consultation to more experienced leadership for financial accounting related matters
• Perform complex activities associated with maintaining ledger accounts, developing financial statements and regulatory reports
• Gather and review financial data for financial and regulatory reports
• Review data from the general ledger, unit reports and various financial systems to ensure accuracy
• Prepare and review account reconciliations and certifications
• Analyze projects relating to financial accounting procedures, methods or systems
• Perform ongoing financial control functions in accordance with internal controls policies
• Provide functional advice and training to individuals
• Provide support for compliance and risk management requirements
• Collaborate and consult with stakeholders throughout the enterprise

Required Qualifications:

• 5+ years of Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting or Risk Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• QualifiedCA/CFA/ICWA/MBA-Financewith 5+ years of experience in Finance & Accounting
• Experience working in a financial services environment – financial accounting and/or regulatory reporting experience a strong advantage, but individuals with backgrounds in Operations, Risk, or other functions providing an insight into banking products and services will be considered
• 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 basic concepts in respect of controls and governance.
• Good communication skills, with the ability to present concisely and accurately (written and verbal)
• Strong academic background/degree educated
• Honesty and integrity in all aspects of their work.
• Intuitive; fast learner with good problem-solving skills.
• Good time management and organizational skills.
• Knowledge of ‘NextGen’ tools such as Alteryx, PowerBI, Axiom, Tableau, Confluence, Alteryx, Workiva and similar.

Job Expectations:

• Performance of regulatory reporting production tasks, including:
• 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 escalation 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:
• 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, Tableau, Workiva
• Support change delivery, including (but not limited to) creation of business requirements, engagement with testing, input into creation of revised operating models and supporting documentation.
• Shift timings are IST 01.30 PM to 10.30 PM.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.