Treasury Finance Sr Consultant- Affiliate Lending & Reporting
Company: Wells Fargo Location: Minneapolis, MN Employment Type: Full Time Date Posted: 09/25/2020 Expire Date: 11/03/2020 Job Categories:
Accounting/Auditing, Banking, Finance/Economics, Financial Services, Information Technology, Insurance, Law Enforcement, and Security, Military, Quality Control, Research & Development
Treasury Finance Sr Consultant- Affiliate Lending & Reporting Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.Â In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.
At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. 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 drives financial management for the company and maintains and enhances risk and financial controls. Key functions within Enterprise Finance include finance and accounting; Treasury; corporate development, mergers, and acquisitions; Data Management and Insights, the Customer Remediation Center of Excellence, Enterprise Shared Services, Business Process Management, and Corporate Strategy. Enterprise Finance informs shareholders, regulators, taxing authorities, team members, and leaders of the company's financial performance through earnings releases, investor meetings and conferences, and meetings with regulators and credit rating agencies, following appropriate reporting guidelines. They also maintain and enhance risk and financial controls and lead many of the company's shared services functions including corporate properties, security, and global services
The Liquidity Risk Management Group is looking for a highly motivated individual with financial analysis experience to support enterprise-wide liquidity analysis and documentation. The Liquidity Risk Management Group is part of Corporate Treasury within Wells Fargo Enterprise Finance and is responsible for analysis and management of liquidity risk and all related reporting to WFC Senior Management, the Board of Directors, and Regulators. This position provides a unique opportunity to gain a thorough understanding of Wells Fargo's balance sheet and various business lines while adding value to the company's liquidity risk and crisis management practices. Key elements of this position include: â¢ Experience with bank regulatory matters including, but not limited to, Comprehensive Capital Analysis and Review, Dodd-Frank, Liquidity Coverage Ratio, Net Stable Funding Ratio, and Resolution & Recovery Planning. â¢ Knowledge and understanding of treasury management industry: asset liability management (ALM), liquidity management, and stress testing â¢ Ability to prepare and provide support for ongoing regulatory liquidity reporting including but not limited to items such as: (Internal Liquidity Stress Testing, RLAP, and RLEN). â¢ Providing complex financial analysis and research in support of management decision-making for consolidated liquidity planning. â¢ Managing data processes to support compliance with emerging regulations on liquidity management and stress testing. â¢ Create and maintain processes and controls documentation to ensure compliance with enterprise governance regulatory and oversight policies within Liquidity Risk Management. â¢ Researching and enhancing reliability of liquidity related data across the firm. â¢ Identifying and implementing solutions related to complex liquidity issues and contribute to on-going strategic decisions within Treasury and company-wide. â¢ Working with Business Units to identify strategies that mitigate liquidity risk. â¢ Preparation of additional ad-hoc analyses/presentations and completing special projects within tight deadlines. â¢ Assisting in the production of Resolution related liquidity stress tests. â¢ Enhancing assumptions related the firm's internal liquidity stress tests and Resolution related liquidity stress tests. â¢ Maintain current documentation outlining Liquidity Risk Management processes including but not limited to assumptions, procedure and methodologies, desktop procedures, process flows, key controls, error logs, change logs, and data limitation lists.
The successful candidate will have a demonstrated track record of attention to detail, critical thinking, initiative and problem-solving skills. She/he will be able to work independently, be highly organized, able to prioritize multiple tasks, and take on new challenges.
6+ years of experience in one or a combination of the following: finance, accounting, analytics and reporting; or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, Business and 4+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting
4+ years of capital markets experience
5+ years of Microsoft Excel experience
2+ years of treasury experience
4+ years of financial analysis or accounting experience
4+ years of reporting experience, analytics experience or a combination of both
A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
Ability to successfully operate in a complex and matrixed environment
Excellent verbal, written, and interpersonal communication skills
Knowledge and understanding of capital markets: regulatory environment
Knowledge and understanding of treasury management industry: asset liability management (ALM), liquidity management, and stress testing
A Masters of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation
Knowledge and understanding of database querying and creating ad hoc reporting results using SQL or similar querying methods
Knowledge and understanding of Essbase Finance tools for client reporting and analysis
Ability to develop and manage business relationships
Experience delivering results in a fast-paced, deadline driven environment
Other Desired Qualifications
Experience with bank regulatory matters including, but not limited to, Comprehensive Capital Analysis and Review, Dodd-Frank, Liquidity Coverage Ratio, Net Stable Funding Ratio, and Resolution & Recovery Planning
Direct experience processes to collect, refine and report large volumes of data.
Ability to contribute to large and complex projects related to balance sheet analysis.
Experience with technology development, project plan management, change management
Experience with technical development languages and methodologies
Ability to contribute to large and complex projects related to balance sheet and income statement analysis
Ability to prepare well-written succinct presentations for senior management, Regulators, and business partners.
Demonstrated working knowledge of wide range of bank or financial institution products and services.
Comfort with defined and undefined responsibilities which may evolve over time.
NC-Charlotte: 301 S College St - Charlotte, NC MN-Minneapolis: 550 South 4th St - Minneapolis, MN
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.