Lead Finance Analyst - Commercial and Investment Bank Finance

About this role:Wells Fargo is seeking a Lead Finance Analyst to join the Corporate and Investment Banking (CIB) Finance team. We have an exciting opportunity for a passionate and energetic finance professional to join the team supporting the Banking sector of CIB. The role reports to the CFO of Banking and will have oversight over many of the most critical central functions of the team.In this role, you will be responsible for coordinating and executing projects and work streams essential to the CIB Banking sector from a finance, business, and regulatory perspective. The role will directly face off senior business leaders of the bank in Treasury, Finance, Accounting, Operations, Risk and Lines of Business. These include, but are not limited to, Recovery & Resolution Planning, CCAR, International Financial Reporting, Model Governance, Cost Studies and Allocations, Headcount and Expense Forecasting and Reporting, Accounting Policy Research, and Process Flow and Control maintenance.The position requires in-depth research of financial and operational data and the ability to articulate the data to senior management and other related groups. This position will learn about different components and drivers of a complex Balance Sheet and P&L. Also, this individual will be working on projects that support the strategic growth initiatives of the business.Act as primary finance liaison and coordinator for finance related task for Recovery & Resolution Planning, including updating RRP playbooks, updating allocation methodologies, and partnering with the front line to develop strategy.

Function as finance lead for mid-cycle and annual CCAR stress testing for Banking, including coordinating finance tasks/procedures, representing Banking on calls with internal challenge sessions or regulator inquiries, challenging model owners and results, and ensuring front line business leaders are properly involved.

Partner with the International Finance team to produce detailed international financial reporting schedules to be included in presentations to senior leadership.

Maintain inventories of crucial models and EUCTs, including assisting in onboarding new items and at times owning several models.

Lead Banking efforts on annual cost studies and expense allocations. This includes a broad array of tasks, including complex product margin modeling, AU transfer pricing and other allocations, indirect expense research, and much more.

Function as lead on headcount and expense reporting and forecasting, including partnering with the lines of business to develop hiring plans and budget considerations, modeling impacts and scenarios of different investment options, etc

Function as lead on complex accounting policy research by partnering with different finance and accounting functions, and help develop/maintain process flow/control documentation when needed.

Lead complex initiatives on matters related to financial research and reporting as well as financial consulting related to business performance

Provide companywide advice and technical expertise on matters related to complex financial analysis as well as economic research in support of management decision making functions

Research strategies and make recommendations for forward financial planning

Review technical challenges that require evaluation or multiple factors including intangibles or unprecedented factors

Make decisions in maintaining effective and efficient reporting delivery that meets brand standards and internal control standards

Meet deliverables and drive new initiatives with solid understanding of policies, procedures, and compliance requirements

Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:5+ years of Finance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications: A Masters of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA) Treasury experience Financial planning and analysis experience Knowledge and understanding of Essbase Finance tools for client reporting and analysis Strong analytical skills with ability to turn findings into executable plans to meet business objectives 2+ years of Big 4 public accounting experience Ability to manage complex initiatives Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment Ability to take on a high level of responsibility, initiative, and accountability Ability to translate and summarize complex data into understandable, actionable information and recommendations Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important SQL experience Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders Knowledge and understanding of financial services industry: compliance, risk management, or audit operations Knowledge and understanding of accounting principles: statutory and GAAP Knowledge and understanding of US GAAP financial statements or components preparation Outstanding problem solving and decision making skills Strong analytical skills with high attention to detail and accuracy Superior project management skills including the ability to handle multiple projects concurrently Experience presenting technical concepts to senior leadersWe Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.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 US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.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.Company: WELLS FARGO BANKReq Number: R-142835-2Updated: Fri Apr 29 23:19:05 GMT 2022Location: Minneapolis,Minnesota