About this role:

Wells Fargo is seeking a Senior Risk Analytics Consultant

In this role, you will:

• Lead or participate in moderately complex initiatives, and delivering insight and decision strategies within analytics and reporting, and contribute to large-scale planning related to Risk Analytics
• Review and analyze moderately complex data aggregation, forecasting, reporting, and programming models
• Be responsible for process production, data reconciliation, and model documentation in alignment with policy governance
• Resolve data, production, business modeling, and lead team to meet Risk Analytics deliverables while leveraging solid understanding of risk reporting policies, modeling strategies, procedures, regulatory requests, and compliance requirements
• Collaborate and consult with peers, experienced managers, compliance, and technology to resolve modeling, forecasting, and production issues, and achieve analytic and reporting goals
• Lead projects, teams, and mentor less experienced staff
• Partner with cross enterprise risk analysts in development of common modeling strategies

Required Qualifications:

• 4+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• CA/CFA/FRM degree or higher in Finance, Accounting, Economics or Business.
• Experience in one or a combination of the following: analytics, reporting, finance, or accounting.
• Experience with Product Control function at a large bank.
• Solid understanding of Cash, Derivatives products within Markets (Equities, Fixed Income or Credit) business with exposure to structured / exotic derivative products, corresponding risk measures for the purposes of analyzing changes to P&L and providing explanation to the senior management and the regulators.

• Experience working in global teams.
• Proficient working with complex data, especially associated with trading activities.
• Advanced desktop skills in MS Office products especially MS Excel and MS Access and tools like SQL, Tableau, Alteryx, Power BI
• Essbase (database with GL and org hierarchy info)
• Experience supporting other Equities businesses.
• Experience researching and resolving P&L issues arising from incorrect trade bookings, system errors, and valuation discrepancies – using both Finance and Front Office systems.
• Strong interpersonal skills to effectively build and maintain partnership with key stakeholders and partners.
• Outstanding problem solving skills.
• Ability to be agile, flexible and adjust plans quickly to meet changing business needs
• Ability to perform well under pressure.

• Drive P&L production re-engineering and controls enhancements.
• Liaison with desk, middle office, and back office to resolve trade and P&L exceptions.

Job Responsibilities

• Timely and accurate daily P&L reporting and general ledger reconciliations, primarily for the firm’s trading activities. P&L production will include both Comprehensive P&L and clean (risk-based) P&L;
  • Research and identify P&L issues arising from incorrect trade bookings, system errors, and valuation discrepancies;
  • Month-end close for P&L, and substantiation of balance sheet at a detailed level;
  • Must have strong attention to detail and ability to identify and escalate issues as needed;
  • This role will require close and efficient communication with various groups, including Front Office, Middle Office, Market and Credit Risk, and Group Controllers;
  • Utilize the firm’s P&L attribution to validate the reported P&L;
  • Track daily asset usage by Legal Entity and LoB;
  • Produce and analyze Volcker metrics, where appropriate, to ensure accurate reporting and compliance with this rule;
  • Prepare weekly/monthly management reports/financial highlights.
  • Provide high quality commentary on P&L and balance sheet drivers;
  • Analyze monthly expense trends and prepare analytics.
  • Develop a solid understanding of the legal entities on which trading activities are conducted, and ensure the P&L is reported accurately on each entity.
  • Prepare material to support internal/external audit examinations/queries.
  • Ensure compliance with internal guidelines (e.g. COSO controls), and internal and external audit recommendations.
  • Develop and improve upon internal controls through critical evaluation of current environment, with the goal of implementing consistent, industry best practices across the enterprise;
  • Maintain accurate policies and procedures that are up to date and can be easily followed by internal and external audit groups.
• • Troubleshoot any PnL related queries or issues for other team members and act as aa SME for the overall Equities PC team

Posting End Date:

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

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.