Bengaluru, IND
13 hours ago
Product Control - Assistant Vice President
**About this role:** Wells Fargo is seeking a Risk Analytics Consultant **In this role, you will:** + Participate in less complex analysis and modeling initiatives, and identify opportunity for process production, data reconciliation, and model documentation improvements within Risk Management + Review and analyze programing models to extract data, and manipulate databases to provide statistical and financial modeling, and exercise independent judgment to guide new and existing projects with medium risk deliverables + Coordinate and consolidate the production of monthly, quarterly, and annual performance reports for more experienced management + Present recommendations for resolving data reconciliation, production, and database issues + Exercise independent judgment while developing expertise in policy governance, risk projects, and regulatory requests + Collaborate and consult with peers, managers, experienced managers, compliance, including various lines of business **Required Qualifications:** + 2+ 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. + Good understanding of Structured Products 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 + Experience supporting Trading and Structured Products 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. **Job Expectations:** + 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 + 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. + 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. **Posting End Date:** 7 Aug 2025 **_*Job posting may come down early due to volume of applicants._** **We Value Equal Opportunity** Wells Fargo is an equal opportunity employer. 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. 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 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-475247
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