Job ID 5472265
Schedule Type Reg-Time
Work Hours 40
Location Charlotte, North Carolina;
Job Description
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 & 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.
You have a proven track record of success but you’re looking for more. More responsibility. More challenges. At Wells Fargo you’ll find that opportunity. You’ll join a team of people who are smart and share your values. You can enjoy a diverse career as you learn and grow your capabilities across our multiple lines of business. Our supportive environment can help you make a difference within the company and the communities we serve.
Corporate Finance plans, tracks, analyzes and reports financial results, manages the company’s balance sheet, including funding, capital and investments; oversees internal real estate needs; drives acquisitions; is responsible for financial controls; and leads corporate strategy.
Enterprise Finance identifies areas of financial risk and mitigates efforts appropriately. It works with capital markets to provide lowest possible costs of incremental funding, subject to capital and financial risk management constraints. It improves financial performance by analyzing business unit performance and recommending areas of improvement. The group strives for excellence in customer service and client support by exhibiting behavior that is fair, reasonable, ethical, and professional.
The ALM Group performs quantitative analysis of the company’s balance sheet behavior and has the primary responsibility of measuring interest rate risk and designing risk management strategies. This position provides a unique opportunity to gain a thorough understanding of Wells Fargo's balance sheet and add value to interest rate risk management practices.
Key responsibilities include:
• Performing deposit risk analyses on individual business units or products and communicating impacts
• Integrating analyses of multiple businesses balance sheet performance and risk exposures to present company aggregate risk profile;
• Working on the development of complex deposit models to extract and manipulate data to provide statistical and financial modeling for deposits both at the company and individual business units
• Working on deposit model validation and back-testing processes
• Working with business units to create, support and document deposit modeling assumptions
• Leading preparation of regulatory reports
• Coordinating deposit research and reconciliation efforts between corporate asset-liability management, other corporate finance areas and business unit finance groups
• Leading the development of tools and templates used for deposit risk analysis.
• Tracking and monitoring deposit assumptions put in Essbase/QRM by lines of business units.
Required Qualifications
- 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
Desired Qualifications
- 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
- Advanced Microsoft Office (Outlook, Excel, Word, PowerPoint, LiveMeeting and SharePoint) skills
- Knowledge and understanding of financial analysis, forecasting and analyzing interest income and balance sheet behavior
- Essbase and/or SmartView experience
- Strong analytical skills with high attention to detail and accuracy
- Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
- Excellent verbal, written, and interpersonal communication skills
- Strong time management skills and ability to meet deadlines
- An active Chartered Financial Analyst (CFA) designation
- Knowledge and understanding of asset liability or liquidity management software, especially QRM
Other Desired Qualifications
- Ability to successfully operate in a complex and matrixed environment
- Demonstrated effective verbal, written, and interpersonal communication skills with the ability to present and discuss information in a way that persuades others and enhances understanding at all levels.
- Proven ability to effectively communicate and interact with people at all levels of an organization
Disclaimer
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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