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Wells Fargo

Financial Accountant ,Regulatory Reporting

Chennai, India

About the Role

Working within the wider Controllers Team, this role supports the preparation and submission of complete, accurate, and timely regulatory reporting to various regulatory authorities.

Responsibilities include oversight of production activities (data processing, report compilation), review of reporting output, and maintenance of a robust control environment.

Responsibilities

  • Performance of regulatory reporting production tasks, including:
    • Support technical analysis of reporting rules/instructions, working with key stakeholders including EMEA regulatory policy
    • 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 resolution 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:

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  • 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
    • Partner with the change management and technology functions to support major change delivery, including (but not limited to) provision of technical/business requirements, engagement with testing, creation of revised operating models and supporting documentation
  • Essential Qualifications
    • Qualified CA/CFA/ICWA/MBA-Finance with 5+ years of experience in Finance & Accounting
    • Experience preparing regulatory returns for a financial services organization, ideally encompassing both US and International (UK/European capital & liquidity returns, as well as financial/statistical reporting) output.
    • 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 regulatory/best in class expectations in respect of controls and governance
    • Strong communication skills, with the ability to present concisely and accurately to senior audiences
    • Strong academic background, and a financial/accounting professional qualification.
    • Honesty and integrity in all aspects of their work.
    • Intuitive; fast learner with good problem-solving skills.
    • Good time management and organizational skills.
    Desired Qualifications
    • Knowledge of 'NextGen' tools such as Tableau, Confluence, Alteryx, Workiva and similar
    Shift Timings: IST 13.30 to 22.30

    Posting End Date:
    29 May 2024
    *Job posting may come down early due to volume of applicants.

    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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

    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.

    Applicants with Disabilities

    To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

    Drug and Alcohol Policy

    Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

    Client-provided location(s): Chennai, Tamil Nadu, India
    Job ID: WellsFargo-R-347421
    Employment Type: Other

    Perks and Benefits

    • Health and Wellness

      • Health Insurance
      • Health Reimbursement Account
      • Dental Insurance
      • Vision Insurance
      • Life Insurance
      • FSA
      • HSA
      • Mental Health Benefits
    • Parental Benefits

      • Adoption Assistance Program
      • Family Support Resources
    • Office Life and Perks

      • Commuter Benefits Program
    • Vacation and Time Off

      • Paid Vacation
      • Paid Holidays
      • Personal/Sick Days
      • Volunteer Time Off
    • Financial and Retirement

      • 401(K) With Company Matching
    • Professional Development

      • Tuition Reimbursement
      • Access to Online Courses
    • Diversity and Inclusion

      • Employee Resource Groups (ERG)
      • Diversity, Equity, and Inclusion Program

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