Wells Fargo's Corporate Asset-Liability Management Group (ALM) is looking for a highly motivated individual with sharp analytical skills, proficiency in written communication, and experience in the areas of balance sheet analysis, financialforecasting, regulatory reporting, process development and controls. Theindividual will play a key role in the Resolution and Recovery Planning (RRP) initiatives within the team.
The Asset-Liability Management Group performs a wide range of highly complex quantitative analyses of the Company's balance sheet forecast. Team members are responsible for partnering with corporate and business unit subject matter experts to evaluate financial projections, provide management withinsight concerning the balance sheet forecast, completion of regulatory reporting requirements, and contributing to the preparation and documentation of RRP activities.
This position provides a unique opportunity to gain a thorough understanding of Wells Fargo's balance sheet and add value to the development of RRP forecasting methodologies, analyses, and reporting practices while building partnerships across multiple work streams including corporate and business unit asset-liability management, finance, liquidity risk, RRP Office, and accounting teams.
Responsibilities for this position may include:
Building and establishing ALM’s capabilities to meet RRP forecasting, analysis, and reporting requirements for balance sheet and net interest income
Developing new methodologies to drive balance sheet and net interest income financial analyses and reporting requirements unique to RRP
Managing ALM RRP workflows and processes to meet deadlines and ensure accuracy of results, providing centralized guidance to work stream partners
Utilizing subject matter expertise to provide credible review and challenge of RRP financial projections and underlying key assumptions
Enhancing the governance structure surrounding the production, review and reporting of RRP financial projections for the balance sheet and net interest income
Responding to regulatory inquiries and ensuring compliance with all regulatory guidance and instructions pertaining to balance sheet and net interest income RRP projections
Building strong partnerships to establish sound processes to meet monthly and quarterly ALM RRP deliverables to internal partners
Creation and maintenance of tools used for ALM RRP financial analysis and reporting
Developing procedural documentation and narratives to support ALM RRP modeling, including establishing proper governance and controls
This position may also support Asset-Liability Management’s deliverables related to our parallel stress testing process, including completion of regulatory reports such as the FR Y-14Q schedule and supporting documentation
Supporting other Corporate Asset-Liability Management Group initiatives as needed
Other Desired Qualifications