Accountant 6

Job Description

Accountant 6 - Regulatory Reporting

Let’s talk about building a rewarding career

You’ve got the passion. You’ve got the skills. Now you just need the right opportunity. At Wells Fargo, you’ll have the chance to join a team of smart and talented people who share the same values. Our diverse lines of business offer a world of opportunity to expand your capabilities and advance your career. We invest in our people and provide a supportive environment in which to learn and grow.

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified financial services company with $1.7 trillion in assets. Founded in 1852, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, more than 12,500 ATMs, online (wellsfargo.com), and mobile devices. Wells Fargo has more than 265,000 team members in 36 countries across our approximately 90 businesses.

Corporate Finance plans, tracks, analyzes and reports financial results, manages the company’s balance sheet, including 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.

Job Description:

Wells Fargo’s Corporate Controller’s Division is seeking a highly motivated individual Accountant to join the Basel and Regulatory Reporting team. This position will have primary responsibility for preparation, review, and timely filing of regulatory reports including the FR Y-9C/FFIEC 031/041, weekly balance sheet FR2644, deposit reporting FR2900, etc. along with assigning work and providing leadership to offshore resources responsible for assisting with report production. This role will also assist with continually enhancing processes to increase efficiency, reduce errors, and increase transparency with business partners. Supporting and leading Change Management initiatives will also be a key discipline ensuring that production processes remain robust as new data and reporting infrastructure is implemented.

The Basel and Regulatory Reporting team files reports with numerous regulatory agencies / districts and has many initiatives underway focused on report owner governance, internal controls, data quality initiatives and overall process improvement across the team as the company implements/maintains an enterprise wide COSO-based governance and oversight framework.

This position will routinely interact with SEC reporting, Corporate Treasury, Corporate Credit and lines of business to ensure the Wells Fargo’s regulatory filings are accurate and complete, and consistent with other financial disclosures, including Basel III data.

Specific key duties may include:

  • Preparation, review, and timely filing of regulatory reports including the FR Y-9C/FFIEC 031/041, weekly balance sheet FR2644, deposit reporting FR2900, etc.
  • Assign work and provide leadership to offshore resources responsible for assisting with report production.
  • Identify and implement opportunities to enhance overall department efficiency and effectiveness, reduce errors, and increase transparency with business partners.
  • Manage information requests to/from business lines.
  • Ensure maintenance of proper report documentation.
  • Provide responses to regulator questions and requests
  • Keep current with new regulations and reporting requirements.
  • Keep current with accounting pronouncements and their impact on assigned regulatory reports.
  • Keep up to date on requirements covered by the G&O Framework.
Required Qualifications

  • 7+ years of accounting experience

Desired Qualifications

  • A BS/BA degree or higher in accounting
  • CPA-Certified Public Accountant designation
  • Intermediate Microsoft Office skills
  • Knowledge and understanding of regulatory reporting: Federal Reserve, OCC, and SEC
  • Knowledge and understanding of corporate governance, financial reporting systems, legal entities, and role of regulatory authorities
  • Essbase and/or SmartView experience
  • Highly refined and professional verbal and written communications
  • Strong analytical skills with high attention to detail and accuracy

Other Desired Qualifications

• 3+ years of Regulatory or SEC reporting experience in the financial services industry

Disclaimer

    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.


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