Wells Fargo Finance Associate 

India, Karnataka, Bengaluru 

94855861

In this role, you will:

• Participate in researching financial data and reporting the findings within the functional area
• Work in collecting internal financial data, analyze and test for accuracy
• Review tactical issues, policies or procedures for which answers can be quickly obtained, related to risks and deliverables
• Receive direction from supervisor to support operational aspects of work that may include maintaining ledger accounts to ensure accurate maintenance of financial data
• Exercise independent judgment while preparing data for research on product lines and strategic plans
• Understand compliance and risk management requirements for supported area
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months of Finance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• 2 to 4 years of pricing experience preferred.
• Knowledge of merchant card industry and/or general pricing principles
• Strong organizational skills
• Ability to be solutions oriented and deal with ambiguous situations.
• Financial services industry experience preferred.
• BA/BS inMathematics/Statistics/Accountancy.,
• Excellent Analytical and Reasoning skill set
• Effective oral and written communication skills.
• Ability to multi-task, work independently and meet critical deadlines.
• Competent at using Excel and Word. Must be able to create excel spreadsheets and understand and manipulate formulas in excel.
• Strong attention to detail.

Job Expectations:

• Candidate will support the pricing team with their activities.
• Should be able to understand the current boarding tool - Boarding Through Dynamics (BTD) and any future boarding tool systems and enhancements.
• Requires extensive data reconciliation & consolidation as well as analysis, coupling the use of scenario and sensitivity analysis to forecast possible outcomes.
• Provide competitive merchant card pricing proposals for new merchant accounts and RFP’s while ensuring that WFMS manages both profitability and expenses.
• Analyze various financial documents including competitor’s statements, interchange schedules, merchant statements, competitive offers, cost comparisons and Proforma’s.
• Responsible for understanding the regulation and compliance changes made by the Payment Networks and its impact to our Pricing Tools, pricing policies and strategies.
• Must be able to understand the basic components of pricing to manipulate both the web-based application and various Pricing Tools.
• Required to work with several internal customers: various Sales Channels (Small Business Banking, Commercial and Corporate), the Account Management team, Products, Credit/Risk and Finance.
• Responsible for identifying and resolving pricing issues and may also participate in special projects as assigned by their manager.
• A Pricing Analyst is both responsible and accountable for promoting and following the pricing policies and procedures of WFMS.
• Manage a high traffic group email box. The ability to respond to emails, questions and add requests quickly and efficiently to an excel based log sheet.

Wells Fargo Recruitment and Hiring Requirements:

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