Senior Finance Analyst

FTP - Senior Finance Analyst

About Wells Fargo India

Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA., by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics and Modeling. We are operating in Hyderabad, Bengaluru and Chennai locations.

About Corporate Finance

Provide centralized finance capabilities and support to executive management, and Business and Enterprise Function teams. The team manages the overall forecasting process and provides financial advice and analytics on enterprise-wide strategic initiatives. Corporate Finance is also responsible for internal management reporting and all centralized finance processes, tools and applications.

About Funds Transfer Pricing (FTP)

Funds Transfer Pricing (FTP) is a calculated rate used in a variety of profitability calculations both within management reporting and by other finance groups/applications Additionally, FTP is used for Line of Business product pricing and is used to reduce interest rate risk to business units by applying matched-maturity methodologies on each Wells Fargo product on the balance sheet. Simply put, FTP is a math equation to calculate internal cost by product.

About the Role

We are seeking a high caliber candidate with skill sets proficient in Funds Transfer Pricing (FTP) in banks. The Role requires a combination of technical and finance knowledge proficiency.

In this role, you will:
• Produce daily/monthly FTP yield curves
• Report daily/monthly FTP charge and the underlying usage
• Perform variance analysis on the FTP movement and provide commentary on the key drivers
• Ensuring that all the process documents are updated for any changes including any automations
• Use specialized knowledge and data research capabilities to translate financial problems and business needs into moderately complex analyses and recommendations
• Generate ideas on automations, analytical insights leveraging current data, & process enhancements - and getting the same executed by collaborating with different teams as required
• Develop standard and customized reports, ad hoc analyses, or data visualizations, requiring specialized financial, statistical, and quantitative knowledge to make recommendations
• Participate in projects, including assisting systems support group with design, programming, research, testing, and implementation aspects
• Assist in troubleshooting and problem solving, with respect to production or issuance issues
• Assist with developing departmental and division procedures, policies and controls to maintain the accuracy and efficiency of processes and minimize the risk of incorrect production and issuance output
• Work on customer and market research projects, secondary research testing, or results oriented intelligence
• Assist with recurring projects, including gathering and researching of data, identifying trends, and producing reports
• Partner with technology and other business groups
• Work with internal and external clients to resolve modeling issues and questions related to deal structure, parameters, and set up
• Participate with other consultants or program managers on tasks related to the completion of other various projects, including project design, collection and research of data, report preparation, or presentation design

Essential & Desired Qualifications
• Post graduate in Finance or Business Administration (or equivalent) with 9+ years of experience in financial or banking sectors
• Exposure to ALM, Liquidity reporting, IRBB will be an added advantage
• Strong data management capabilities using Excel, including Advanced Excel features
• Strong interpersonal and communication skills, including the ability to give briefings to senior management
• Familiarity with any/all of the following: Python, Alteryx, Power BI and Power Query
• Familiarity with SQL, OBIEE, Essbase
• Familiarity with Dashboard visualization and designing
• Agile & JIRA experience is an added advantage

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more