Lead Derivatives Financial Accountant

Wells Fargo Bank•New York, NY

18d•$119,000 - $224,000

About The Position

About this role: Wells Fargo is seeking an experienced derivative accountant to execute and lead operational accounting procedures related to all of the firm's derivative financial instruments and support all forms of external financial and regulatory reporting. In this role, you will: Act as a lead Consultant for financial accounting related matters for lines of business and other control functions that enter into derivative contracts or FX related products and settlements Apply a broad and deep functional expertise on accounting in order to influence and provide direction to Management on highly sensitive situations or negotiations Provide technical expertise regarding accounting issues, regulatory information and research Provide technical assistance on major transactions and product development Provide data for preparing and reviewing financial and regulatory reports Communicate practices and procedures for proper financial control functions in accordance with the company's internal controls policies Articulate the impact of policy changes to management within business group or organization Apply extensive specialized knowledge and act as an internal consultant or final authority in area of expertise Provide technical interpretation on matters and a key change agent in building and adopting best practices within the functional area Lead implementation of the most complex projects or initiatives impacting multiple lines of business or across the enterprise Lead implementation of efficient and effective controls over financial accounting data in addition to projects focused on enhancing and simplifying operational accounting processes Identify compliance and risk management requirements for supported area and works with other stakeholders to implement key risk initiatives Provide strategic consultation to leadership Interface with external agencies, regulatory bodies or industry forums Provide work guidance or mentorship to other peers

Requirements

5+ years of Finance, Accounting, Analytics, Financial Reporting, Accounting Reporting or Risk Reporting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

Certified Public Accountant/Chartered Financial Analyst and/or 5+ years of operational accounting experience in a financial institution in the functions supporting Capital Markets or Treasury related products and services
Strong understanding of capital markets/derivatives products
Experience in analyzing big data using tools like SQL, Alteryx and Power BI
Excellent verbal, written, and interpersonal communication skills
Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Experience delivering executive-level communication and updates
Ability to manage strategy and initiative plan reviews and provide appropriate decision making

Responsibilities

Act as a lead Consultant for financial accounting related matters for lines of business and other control functions that enter into derivative contracts or FX related products and settlements
Apply a broad and deep functional expertise on accounting in order to influence and provide direction to Management on highly sensitive situations or negotiations
Provide technical expertise regarding accounting issues, regulatory information and research
Provide technical assistance on major transactions and product development
Provide data for preparing and reviewing financial and regulatory reports
Communicate practices and procedures for proper financial control functions in accordance with the company's internal controls policies
Articulate the impact of policy changes to management within business group or organization
Apply extensive specialized knowledge and act as an internal consultant or final authority in area of expertise
Provide technical interpretation on matters and a key change agent in building and adopting best practices within the functional area
Lead implementation of the most complex projects or initiatives impacting multiple lines of business or across the enterprise
Lead implementation of efficient and effective controls over financial accounting data in addition to projects focused on enhancing and simplifying operational accounting processes
Identify compliance and risk management requirements for supported area and works with other stakeholders to implement key risk initiatives
Provide strategic consultation to leadership
Interface with external agencies, regulatory bodies or industry forums
Provide work guidance or mentorship to other peers