Job Information
Wells Fargo Finance & Accounting Associate in Taguig City, Philippines
About this role:
Wells Fargo is seeking a Finance & Accounting Associate.
We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.
In this role, you will:
Participate in low complexity initiatives to drive overall effectiveness of team in preparing data and assisting in research on product line, operational, and strategic planning
Review variance and trend analyses tasks or initiatives that require planning, evaluation, and interpretation
Support operational aspects of work including maintaining financial data, validating accuracy, preparing and analyzing operations and strategic plans
Prioritize work and provide day-to-day-work leadership and mentorship to Finance team
Develop understanding of model compliance and risk management requirements for supported area
Lead or contribute to implementation of new or revised processes and procedures that require coordination among various teams
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:
6+ months experience in Audit/Accounting preferably related to Trade Validation and Securities Reconciliation.
In-depth background in Financial Service Operations with demonstrated knowledge of month-end general ledger close process.
Exposure to Recon Tool and trainings from SunGard would be an added advantage.
Job Expectations:
Recon Tool Detail Reconciliation - Review out of balance reports in Reporting Services application and escalate unexpected out of balance conditions to Recon Technology and resolve expected ones in Recon tool.
Subsystem to GL Reconciliation - Review out of balance reports in application fed by Recon Technology from various subsystems and escalate to Recon Technology and/or resolve in Recon tool.
Position Recons - Perform manual reconciliation of collateral positions held in various internal and external reporting and sending of results to relevant stakeholders.• Manual Custodian - Update daily positions via different custodians.• Manual Reconciliation - Make sure that positions agree with positions and provide extracted data from data source to be used in manual recons to Stock Record groups.
Posting End Date:
30 Jan 2025
*Job posting may come down early due to volume of applicants.
We Value Diversity
At 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, status as a protected veteran, or any other legally protected characteristic.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-422234