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Finance Associate

3 months ago


Chennai, India WELLS FARGO BANK Full time
About this role

Wells Fargo is seeking a Finance Associate.

This role would be a part of Finance data operations. The Finance Data Operations of Finance Transformation Office leverages the Scrum/Agile framework to build a highly talented, scalable, and sustainable function for advancing Multiyear Data Strategy including support to Application Business Owner involving Data Sourcing and Provisioning to modernize and strengthen automation, data governance and self-service while implementing effective controls by adopting Workflow and BI tools.

Wells Fargo is seeking a Finance Associate to perform highly visible work focused on data integration, data aggregation, analysis, and insight in support of decisioning and supporting business initiatives, strategies, and practices. The larger objective will be to provide standardized, curated, and high-quality information to stakeholders, quick data integration based on Downstream user data needs to fulfil Regulatory and Management Reporting, enhance value creation through decision outcomes.

Finance Associate acts as a subject matter expert providing very detailed functional support between Finance, Accounting, Regulatory Reporting, Risk and Operations teams and the Information Technology organization. This subject matter expertise requires Associates to develop an understanding and knowledge in Capital Market products materially impacting our Balance sheet and Income statement, Lineage of Data from Source to ultimate Target including the Business Transformation logic across 20+ System of Records servicing various Asset Class. This knowledge is required of associates to perform analysis of highly complex business problems across all business units that they will then solve and support by provisioning Data requirements. This role will ensure those solutions align across the multiple functions and strategies within Finance, Accounting, Reg, Risk and Operations as team members will be involved in multiple strategic initiatives across the organization in parallel with all the below daily responsibilities and requirements.

In this role, you will:
  • Participate in researching financial data and reporting the findings within the functional area
  • Work in collecting internal financial data, analyze and test for accuracy
  • Review tactical issues, policies or procedures for which answers can be quickly obtained, related to risks and deliverables
  • Receive direction from supervisor to support operational aspects of work that may include maintaining ledger accounts to ensure accurate maintenance of financial data
  • Exercise independent judgment while preparing data for research on product lines and strategic plans
  • Understand compliance and risk management requirements for supported area
  • Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Required qualifications:
  • 6+ months of Finance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
  • 5-7 years of experience in projects involving data sourcing, data integration, performing related data study, Gap analysis of Data elements between the key reports and Data available in the Application to aid adoption of new System for achieving the larger objective of FTO to eliminate Data redundancy, standardize data and establish single source for Finance Use cases as medium term priority and Non-Finance Use cases as the long term priority by performing the above activities in financial services industry .
  • Degree in Accounting or Engineering with Data Science or higher in business administration, Project management certification
  • Knowledge and understanding of Data warehouse, database querying using SQL or similar querying methods.
  • Experience in Project management related to Data sourcing, establishing Data integrity controls and Data analysis to enhance quality.
  • Experience in Microsoft Office skills, writing Structured Query Language (MS_SQL) and basic knowledge in Python and Power Bi
  • Experience in working as part of highly agile transformation/change management teams.
  • Strong analytical skills with high attention to detail and accuracy
  • Excellent verbal, written, presentation and interpersonal communication skills.
  • Knowledge and understanding of financial services industry, with emphasis on Capital Market products
  • Strong organizational, multi-tasking, and prioritizing skills as projects involve interaction with Senior leadership groups
  • Ability to train and guide team members and manage transformation initiatives to optimize operational effectiveness and efficiencies.
Job Expectations :
  • Work in agile teams using scrum methodologies for product development that facilitates activities and Projects related to Applications support in Finance Data Operations.
  • Collaborate and consult with peers, colleagues, product owners, stakeholders, and leadership to serve Downstream User community's Data needs by achieving product vision.
  • Use Analytical skills and Project Management techniques to support data integration, minimum curation to facilitate production of reports that enables Regulatory Report submission and analysis, insights gathering to support decision making by Management.
  • Use data analysis techniques by interacting with SQL platforms to aid data sourcing from multiple Data domains.
  • Spearhead efforts in identification of Risk and implementation of controls, documentation of our consolidated reporting and control architecture, establishing an effective and G&O compliant architecture for daily financial reporting.
  • Face off with internal and external audit and COSO for a high-risk application as defined under operational risk guidelines.
  • Have a robust understanding of relational databases where the Associate will need to analyze large volumes of data via SQL queries to aid Gap analysis as part of Data study to eliminate Data redundancy and overlap between source domains.
This is a very high exposure group and the ideal candidate will be a driver of change in establishing Data sourcing, developing Application controls and building effective partnerships within and across cross functional teams like Sourcing team, Data Landing Zone team, Technology team, Risk-Control, Operations team and Downstream teams.

@RWF22

Posting End Date:

*Job posting may come down early due to volume of applicants.

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