Hedge Fund Accounting Associate

About Wells Fargo India & Philippines

Wells Fargo India & Philippines is a critical component of Wells Fargo's strategy to leverage distinct advantages in doing business in a global environment. Wells Fargo India & Philippines is primarily an extension of the technology, operations, and corporate support teams of Wells Fargo. It engages in application development and support, testing, other technology functions, international operations, knowledge support, and middle and back-end banking process solutions for a wide spectrum of Wells Fargo's needs. It currently has offices in Bengaluru, Chennai, Hyderabad, and Manila.

About this role:

Wells Fargo is seeking a Financial Accounting Associate (Reconciliation & Hedge Fund Accounting Associate). Role works closely with front office business side to perform all quantitative hedging analysis and model bonds for new deals issued by capital markets investment bank and treasury balance sheet operations. Seeking subject matter expert (SME) candidate with in-depth understanding of derivatives/hedge accounting rules to manage daily/monthly accounting and derivatives accounting financial reports in addition to internal/external management reporting input. Supporting various teams across the Bank, role offers exposure to fixed income securities, hedging for commodities and foreign currencies and networking with various front office business lines.

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:

• Candidate must be a graduate of a bachelor's degree or higher
• Candidate must have 6+ months of relevant experience in an SME capacity in Reconciliations & Hedge Fund Accounting
• Candidate must have an accounting background
• Preferably with Fixed Income product knowledge
• SQL knowledge and experience in Python is an advantage
• Candidate must be amenable to work on graveyard shift and adhere to US holidays
• Role will be based at Taguig City

Job Expectations:

• Perform/oversee daily and monthly accounting activities to ensure appropriate treatment/elections for funding/investments/related derivatives/hedging activities in accordance with US GAAP, Sarbanes Oxley and Dodd-Frank
• Develop/implement/evaluate/monitor policies, procedures, reports and controls; ensure adequate internal controls and mitigate risks
• Review/analyze complex products and research/resolve in-depth trade issues with intangibles and unprecedented factors
• Participate in Capital Markets Middle Office cross-functional planning and project management
• Be SME individual contributor and team player for stakeholders
• 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

Posting End Date:

24 Oct 2025
*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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

Client-provided location(s): Bonifacio Global City, Philippines

Job ID: WellsFargo-R-492562

Employment Type: FULL_TIME

Posted: 2025-09-26T18:08:37