About this role:Wells Fargo is seeking a Lead Financial Reporting Analyst to be a part of The Regulatory Interpretations Team (RIT) that serves the first line of defense providing policy determinations on regulatory reporting and regulatory capital issues. The team supports activities performed by stakeholders across the enterprise to comply with reporting requirements, optimize regulatory capital outcomes in a manner consistent with prevailing frameworks, and advocate on related rulemaking proposals.
In this role, you will:- Evaluate and interpret current and proposed regulations and reporting requirements.
- Actively participate in the implementation of complex regulatory capital and reporting projects or managing aspects thereof, including, participating in or managing cross-functional teams and managing Company-wide task forces.
- Develop, implement, maintain, and communicate regulatory capital policies, practices and procedures, including recommending changes thereto based on changes in regulatory guidance.
- Serve as liaison for regulatory capital and reporting issues with both internal and external audit staffs, and banking regulators.
- Interact with external agencies, regulatory bodies, and industry forums.
- Provide subject matter expertise in developing employee training on topics related to areas of coverage.
- Provide technical transaction advisory assistance to business lines, cross-functional teams and other personnel related to current and/ or complex regulatory capital and reporting issues.
- Assist teams in managing change associated with the regulatory proposal of new/revised rules and assist in addressing comments to the Federal Reserve Board (FRB).
Required Qualifications, US:- 5+ years of Finance, Accounting, Financial Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications:- A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting.
- Prior experience in bank regulatory supervision (Federal Reserve, OCC, FDIC) or public accounting.
- Experience with the Y-14 data collection among other regulatory reports.
- Knowledge and understanding of bank capital requirements - Dodd Frank, Basel II, III.
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
- Ability to prepare and present senior level communications.
Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
Posting End Date: 17 May 2025
*Job posting may come down early due to volume of applicants. We Value Equal OpportunityWells 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
