Wells Fargo - Charlotte, NC

posted 2 months ago

Full-time - Mid Level
Charlotte, NC
Credit Intermediation and Related Activities

About the position

Wells Fargo is seeking a Lead Finance Analyst to spearhead the execution of Recovery Plan forecasting. This role is critical in demonstrating the firm's behavior under various systemic and idiosyncratic stress scenarios. The forecasts generated will serve to assess the feasibility and effectiveness of management options, which are essential tools for restoring confidence or financial viability in challenging situations. As a Lead Finance Analyst, you will be responsible for leading the end-to-end coordination and development of comprehensive financial forecasts, including full balance sheets and income statements, under a variety of stress scenarios. This involves maintaining and enhancing complex financial forecasting models and methodologies to ensure accuracy and reliability in reporting. Collaboration is key in this role, as you will work closely with various teams across the organization, including Liquidity, Capital, Corporate Development, Line of Business (LOB) Finance teams, Risk Management Group (RMG), Regulatory Risk and Policy Office (RRPO), Balance Sheet and Interest Rate Risk Management (BSIRRM), Financial Risk Management (FRM), and Corporate Tax. You will also be tasked with reviewing technical challenges that require a thorough evaluation of multiple factors, including intangibles or unprecedented circumstances. Your decision-making skills will be crucial in maintaining effective and efficient reporting delivery that adheres to internal control standards. In addition to these responsibilities, you will have the opportunity to recommend improvements and influence professionals at all levels, including more experienced managers. This role not only demands strong analytical skills but also the ability to communicate complex financial information clearly and succinctly, thereby influencing key decisions within the organization.

Responsibilities

  • Lead end-to-end coordination and development of financial forecasts under various stress scenarios.
  • Maintain and enhance complex financial forecasting models and methodologies.
  • Collaborate with various teams including Liquidity, Capital, Corporate Development, and LOB Finance teams.
  • Review technical challenges requiring evaluation of multiple factors including intangibles or unprecedented factors.
  • Make decisions to maintain effective and efficient reporting delivery that meets internal control standards.
  • Recommend opportunities and influence professionals at all levels, including experienced managers.

Requirements

  • 5+ years of Finance experience, or equivalent demonstrated through work experience, training, military experience, or education.
  • BS/BA degree or higher in Finance, Accounting, Analytics, or Reporting.
  • Strong understanding of the strategic, financial, capital, liquidity, risk, and credit sides of banking.
  • Prior experience in Corporate Development or FP&A at a large/complex financial institution.
  • Strong communication and project management skills.
  • Ability to articulate and present financials, projects, and data clearly and succinctly.
  • Proficiency with Essbase for reporting and analysis; experience using Power BI and/or Alteryx is a plus.
  • Expert in Excel.

Nice-to-haves

  • Experience in Corporate Development or FP&A at the enterprise or line of business/divisional level.
  • Strong project management skills.

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement
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