Wells Fargo

Executive Director – Financial Reporting

Wells Fargo

full-time

Posted on:

Location Type: Office

Location: Charlotte • Minnesota • North Carolina • United States

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Salary

💰 $159,000 - $279,000 per year

Job Level

Lead

About the role

  • Focus heavily on Basel End‑Game preparation and advocacy, collaborating with internal stakeholders to develop and refine advocacy positions, particularly on capital interpretive issues.
  • Evaluate and interpret current and proposed banking regulations and reporting requirements, with a focus on Y-14 instructions and capital rule implications.
  • Provide expert consultation and interpretations on regulatory capital and reporting matters, ensuring consistency and clarity across business units.
  • Deliver technical transaction advisory support for company-wide and line-of-business initiatives, integrating regulatory capital considerations.
  • Educate corporate and business unit executive management on emerging regulatory capital and reporting issues, including developments in Credit Risk, Market Risk, Securitizations, and Y-14.
  • Offer technical advice, research, training, and awareness to business lines, cross-functional teams, and other personnel on complex regulatory capital and reporting topics.
  • Lead or actively participate in the implementation of complex regulatory capital and reporting projects, including cross-functional teams and enterprise-wide task forces.
  • Develop, implement, maintain, and communicate regulatory capital policies, practices, and procedures, recommending updates aligned with evolving regulatory guidance.
  • Review and provide input on quarterly and annual financial data for regulatory reports, including consolidated and subsidiary financial statements, footnotes, and external disclosures.
  • Contribute to the preparation and review of comment letters and other correspondence to regulatory standard setters, ensuring alignment with Y-14 interpretations and capital rule changes.
  • Serve as a liaison for regulatory capital and reporting issues with internal and external audit teams, as well as banking regulators.
  • Conduct in-depth business analysis and support the development of long-term strategies to optimize performance at the business line and enterprise level.
  • Participate in the review and remediation of critical regulatory reporting issues, ensuring accuracy and compliance with Y-14 standards.
  • Engage in industry and peer groups to influence the regulatory standard-setting process and share insights.
  • Collaborate effectively with multiple stakeholders across the organization, demonstrating strong interpersonal skills and a commitment to shared success.
  • Present complex regulatory concepts in a clear, concise, and visually compelling manner to diverse audiences.

Requirements

  • 7+ years of Finance, Accounting, 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
  • A collaborative subject matter expert in banking capital rules and/or Regulatory Reporting- particularly Y-14 FRB, FDIC, OCC, or Big four public accounting experience.
  • MS/MA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting.
  • CFA or CPA
  • Demonstrated ability to lead effectively within a matrixed organization and collaborate across all levels in a flexible, team-oriented environment.
  • Ability to prepare and present senior level communications.
  • Previous employment at a bank regulator, public accounting, or a bank
Benefits
  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
regulatory capitalfinancial reportingbanking regulationsY-14 instructionscapital rule implicationstechnical transaction advisorybusiness analysisregulatory reportingcredit riskmarket risk
Soft Skills
collaborationinterpersonal skillscommunicationleadershipteam-orientedpresentation skillsconsultationtrainingadvocacyproblem-solving
Certifications
CFACPAMS degreeMA degree