Updating Results

Wells Fargo India

  • 1,000 - 50,000 employees

Treasury Associate null

India, Chennai

Opportunity Expired

Wells Fargo is hiring for the role of Treasury Associate.

Opportunity details

Opportunity Type
Graduate Job

Application dates

Minimum requirements

Accepting International Applications
No
Qualifications Accepted
B
Accounting
Commerce
Finance
Business Administration & Management
S
Sciences (all other)

Hiring criteria

Entry Pathway

See details

About Wells Fargo

Wells Fargo & Company is an American multinational financial services company headquartered in San Francisco, California with managerial offices throughout the United States and overseas. It is the world’s fourth-largest bank by market capitalization and the fourth largest bank in the US by total assets. Wells Fargo delineates three different business segments when reporting results: Community Banking; Wholesale Banking; and Wealth Brokerage and Retirement.

Key facts about the organization

  • 3rd in Total Deposits (2019: FDIC Data)
  • 6th in Total Assets: Fortune
  • 8th most profitable company in the US (2020): Fortune
  • 17th largest public company in the world (2020): Forbes
  • 20th biggest employer in the US (2020): Fortune
  • 30th on Fortune 500 (2020): Fortune
  • Most valuable banking brand in the US (2020): Brand Finance
  • 5th most valuable banking brand in the world (2020): Brand Finance
  • 13th most valuable brand in the US (2020): Fortune

About Wells Fargo India and Philippines (WFIP)

From its inception in Hyderabad in 2006, Wells Fargo India was established to support business lines and staff functions across the company. The capabilities include technology, operations, risk, audit, process excellence, automation and product, analytics and modelling. Today Wells Fargo India operates over three locations, Hyderabad, Bengaluru and Chennai

Wells Fargo’s presence in the Philippines can be traced back to 1901 as a part of its Asian operations footprint. In 2011, the company established an operations function in Manila and then quickly grew to provide capabilities including risk, project management, data analytics, finance and accounting. In 2017, Wells Fargo celebrated the completion of a decade for the introduction of risk and analytics practices in India and the Philippines

Department Overview

​Corporate Treasury is responsible for managing Wells Fargo's balance sheet including the capital, liquidity, funding, and interest rate risk management. Treasury seeks to ensure Wells Fargo always maintains sufficient capital and liquidity resources to support growth in the Company's businesses, while also ensuring a satisfactory financial cushion exists to protect against unforeseen stresses in the economic environment or the Company's operations. The group also provide regulators, senior leaders, and the Board of Directors with key information to support risk management, financial performance management, and strategic planning.

The Position

Reporting to the Treasury Finance Manager for India & Philippines, the Treasury Finance Senior Analyst will be a key member of the WFIP Corporate Treasury team.

This is an excellent opportunity to build on the prior experience gained in Treasury, Liquidity Risk Management, Risk Management roles, Business Analytics, Finance or Middle Office to gain a broad experience of two key topics of global regulatory focus; specifically Liquidity Risk Management and Capital Risk Management.
This role, as a key member of MCT, will be to work closely with the EMEA business lines and support functions across a range of key responsibilities listed below.

MCT are keen to support professional development and work-life balance within the department and will be seeking rotation and cross-training opportunities within this new group.

The scope of the role is focused on WFC Legal Entities across the EMEA/APAC platforms. This is an opportunity to get hands-on experience regarding how the bank assesses and calculates its liquidity requirement and resources. While the role will focus on liquidity, capital and recovery/resolution planning will remain key aspects of the role. MCT is part of the first line of defence, and this group would be viewed as a 1B function. We expect this role will lead to opportunities to expand the candidate’s knowledge in other areas including risk management of interest rate risk, the balance sheet and operational risk as well as topics relevant to the broader financial services industry.

Key Responsibilities

The incumbent will be specifically responsible for but not limited to:

  • Responsible for reporting and monitoring liquidity risks on a daily and monthly basis according to prescribed Liquidity Risk Policies.
  • Production and review of all liquidity stress testing results.
  • Produce periodic liquidity risk reporting for senior management and committee review, and support financial and regulatory disclosures.
  • This function will support the development and implementation of policies and procedures to measure and monitor liquidity risks by legal entities and across the EMEA region
  • Become an active and contributing member of working groups across WFBI in both regulatory and business projects.

Essential Qualifications

  • Ideally post-graduate qualified or degree educated in a relevant subject (Financial Services or Sciences preferred).
  • Experience in financial institutions funding or accounting functions.
  • Familiarity with a broad array of financial markets including, but not limited to, foreign exchange, interest rates and repo/reverse repo.
  • Knowledge of the COREP EMEA regulations around Capital and Liquidity, CRR/Basel 3/4, BIPRU.

Desired Qualification

  • Excellent numeracy, modelling and analytical skills.
  • Strong attention to detail and ability to follow through on tasks
  • Excellent time management and organizational skills, with the ability to prioritise effectively.
  • A proven track record of delivering successfully to demanding deadlines.
  • Self-motivated individual who can work as part of a team or individually on tasks with minimal direction.
  • Excellent communication skills, both written and spoken.
  • Honesty and integrity in all aspects of their work

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, colour, 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 the 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 an 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 the US: All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, or national origin.

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.

Hiring criteria

You should have or be completing the following to apply for this opportunity.

Entry Pathway
Degree or Certificate
Minimum Level of Study
Bachelor or higher
Study Field
B
Accounting
Commerce
Finance
Business Administration & Management
S
Sciences (all other)