We are seeking a high caliber Management Reporting candidate report to our Regional Finance Manager and being the key finance contact and business partner to Wells Fargo Securities line of business.
The Securities division includes Fixed Income Trading, Debt & Capital markets, Asset management, Investment banking and Foreign Exchange Trading businesses.
The responsibilities are related to support for management and legal entity reporting. The candidate will be required to provide detailed financial reporting analysis, forecasting, planning, presentations and customer insights to help drive strategic business decision within the region.
Key stakeholders includes the US and regional leadership teams.
The position is to be based in Hong Kong to meet the increasing demands arising from Wells Fargo’s international presence as well as an evolving financial and regulatory landscape in the region.
Prioritize, analysis, design, plan, track and execution of line of business management reporting deliverables
Key support partner for Financial Planning & Analysis such as annual plans, outlook, forecast, revenue & expense analysis, and ad-hoc analysis with business partners
Daily profit and loss production on the securities line of businesses
Legal entity monthly financial statement processes & reporting
Daily capital and liquidity monitoring
Present to US and regional stakeholders in various leadership and business forums
Understand and communicate to Securities division the cost allocations framework, including the controls that apply to how cost pools are identified established and charged out
Provide creative and unique solutions to complex business requirements
Collaborate on APAC revenue and expense projects
Direct and indirect operating expense planning and analysis
Record and track Customer metrics including profitability and other key metrics
Provide strategic advice and guidance to senior business and support leaders
Lead and support ad-hoc Finance projects which includes system implementation, legal entity restructuring and simplification projects
Develop processes and infrastructure controls to ensure ongoing compliance with all relevant Wells Fargo's policies and procedures
Market Skills and Certifications
University Degree and professionally qualified accountant
Experience of more than 5 years in Banking and Securities Markets industry including in depth knowledge of Securities & Futures Commission rules and regulations in Hong Kong
Progressive track record of management reporting experience, including staff management, with familiarity of running and or working in a geographically diverse team
Strong Financial analysis and experience in providing timely and relevant recommendations to drive business decisions and outcomes
Demonstrable change management skills, particularly those involving process re-engineering and systems change
Knowledge of Oracle booking and reporting tools
Experience with Hyperion management reporting system
Strong interpersonal and communication skills, including the ability to give presentations and briefings to senior management
Creative and strategic thinking skills, including the ability to analyze business transactions and identify key Finance risks / mitigating controls.
Ability to work under pressure and maintain high energy levels
Must be able to work independently with positive collaboration within a fast paced, team environment
Proven capabilities with Microsoft Office Suite, including Excel, Access and PowerPoint
Fluency in spoken and written English and Chinese
Strong analytical, reporting and presentation skills
High integrity and do what is right, fair and respectful
Innovative problem solver
Eager to learn and develop accounting / finance skills
High energy and passion for quality work and continuous improvement
Strong relationship building skills
Highly attention to detail and able to recognize the importance of detail to ensure data integrity
Work well in a team
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law.
We comply with all applicable laws in every jurisdiction in which we operate.
Team members 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.