Financial Acctng Cons-Derivatives COE

Job Description
At Wells Fargo, we have one goal: to satisfy our customers' financial needs and help them achieve their dreams. 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.
This is an opportunity to join the Derivatives Center of Excellence (DCOE) within the Capital Markets COE. This COE is responsible for driving improvement and automation of the company's derivative accounting and reporting. This position will coordinate with areas throughout the organization including Corporate Controllers, Wholesale, Counterparty Risk, Wells Fargo Home Mortgage, and other groups to improve and transition various derivative accounting and reporting activities.
This position will serve as a Financial Accounting Consultant on the accounting operations team within the COE.
Specific responsibilities include:
•Prepare balance sheet reconciliation for the data warehouse to the general ledger. Research and resolve discrepancies noted.
•Gather, analyze and prepare general ledger entries to insure proper presentation of the Wells Fargo Balance Sheet for reporting requirements.
•Preparation of current derivative submissions supporting SEC and Regulatory reporting
•Partner with shared services team to write BRDs and support testing throughout the development cycle to automate and streamline accounting and reporting deliverables
•Analyze data to build quality checks within and across various reports
•Partner with Lines of Business and other areas as necessary to identify and resolve data problems
•Partner with internal audit, external audit, EC&O team and others on exams and governance and oversight
•Assist other areas of the team as needed
This position offers an excellent chance to influence and work with multiple derivative products, systems, processes and groups across the organization. The successful candidate will be motivated by a strong desire to learn, to take on new tasks, and a commitment to forge successful partnerships.
Candidates within the desired location(s) (Charlotte, NC,) will be considered.
Please note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.

Required Qualifications

  • 4+ years of experience in one or a combination of the following: finance, accounting, analytics, financial reporting, accounting reporting or risk reporting; or a BS/BA or higher in Finance, Accounting, Statistics, Economics, or Business and 2+ years of experience in one or a combination of the following: finance, accounting, analytics, financial reporting, accounting reporting or risk reporting

Desired Qualifications
  • Derivatives experience
  • Ability to interact with integrity and a high level of professionalism with all levels of team members and management
  • Experience driving and leading organizational change in a dynamic environment
  • Ability to quickly learn business operations and processes
  • Knowledge and understanding of Regulatory Risk and Compliance policies and programs
  • Ability to manage effectively in a matrixed organization
  • A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting

Other Desired Qualifications
•Consolidations/Affiliate Accounting Experience
•Knowledge and understanding of reconciliations and controls
•Familiarity with SQL, MS Access or other appropriate tools for large data set interrogation


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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