Regulatory Reporting Lead Consultant Regulatory Reporting Lead Consultant …

Wells Fargo
in Dublin, Leinster, Ireland
Permanent, Full time
Be the first to apply
Wells Fargo
in Dublin, Leinster, Ireland
Permanent, Full time
Be the first to apply
Regulatory Reporting Lead Consultant

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website .

Market Job Description

The successful candidate will report directly to the Country Controller and will be expected to be have extensive experience of Irish prudential reporting (COREP, FINREP, Large exposures etc.). The successful candidate for this key role will be expected to strive for the highest reporting standards under current and future legislation and guidelines. This requires the ability to demonstrate a wider experienced based appreciation of the challenges involved in maintaining and enhancing regulatory reporting capability and in particular knowledge of the appropriate risk control framework considerations. The Team Member will be responsible for the design, production or review of the Central Bank of Ireland ("CBI") prudential returns as well as Irish, UK and German statistical returns.

The role will also include managing a small team of regulatory reporting professionals.
Outside of normal reporting obligations, the successful candidate should be able to demonstrate and apply subject matter expertise in a wide range of financial products as well as technical expertise in the regulatory reporting with respect to these products to enable them to support the Country Controller with wider strategic initiatives impacting the Bank such as capital forecasting, ICAAP, ILAAP, system and software upgrades, impacts of future regulatory change.
WFBI is a growing bank in terms of new business and products and this job offers a great opportunity for an ambitious person to further their experience in a Global bank with an increasing presence in EMEA. The Regulatory reporting team is part of the Controllers team and works closely with the Finance, Treasury and Risk teams. The successful candidate will be joining a fast paced, challenging and rewarding environment.

(Note: In addition to these functions employees are required to carry out such other duties as may reasonably be required)


  • Ensure that daily, monthly and quarterly prudential returns are compiled in a controlled environment;
  • Review (and where required, produce) monthly Irish, UK and German monthly statistical returns;
  • Monitor, enhance and document procedures and processes associated with the compilation of returns;
  • Monitor, identify and document risks and mitigation controls with regard to regulatory reporting processes
  • Direct, supervise and oversee members of the Regulatory Reporting team to ensure the accurate and timely delivery of all regulatory reporting.
  • Act as an escalation point for the Regulatory Reporting team and provide appropriate guidance and direction on queries and day to day work
  • Actively lead and manage the performance management process for the Regulatory team by conducting and completing performance reviews and delivering ongoing feedback
  • Act as a mentor and coach for less experienced members of the team
  • Testing of new or upgraded systems and software;
  • Work with lines of business and functional teams to improve quality of data capture;
  • Assist with investigating queries from Regulators, external auditors, internal audit etc.;
  • Prepare, review and/or verify accuracy of variances
  • Understand all the products types and their associated accounting treatment
  • Keep up to date with Regulatory developments
  • Assist the Country Controller with Bank strategic initiatives e.g. regulatory treatment of new products, capital forecasting,
  • Interpretation of legislation and/or Regulatory guidance (including documenting of new / revised procedures, system change requirements and test plans)


Market Skills and Certifications

Skills/Experience Required:



  • Extensive experience in a Regulatory reporting team Qualified accountant ACA or ACCA or equivalent, honours university graduate;
  • SME in a wide range of financial products and technical expertise in regulatory report reporting processes
  • Ability to thoroughly read legislation/regulatory guidance and summarise into "plain English"
  • Demonstrated capacity for working with minimal direction to deliver desired results;
  • Knowledge and experience with IFRS desirable;
  • Excellent skills with excel, including pivots, lookups and preferably macros;
  • Knowledge of FRS Global desirable;


Leadership Expectations at Wells Fargo

As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:



  • Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
  • Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.


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.