Product Controller - Fixed Income & Treasury

• Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 branches and 12,000 ATMs and the Internet (wellsfargo.com and wachovia.com) across North America and internationally.
• The EMEA Product Control department in International Finance is responsible for product control reporting within the EMEA region. The team provides local support for various business lines.
  
  The team is made up of eight team members, each reporting on specific business lines. This role will cover the daily and monthly Product Control duties for the treasury function of Wells Fargo Bank International Limited.

Responsibilities

• Produce daily P&L and currency exposure reports for subsystem based portfolios.
• Complete analysis of daily P&L and provide daily financial commentary.
• Ensure accuracy of multiple legal entities' booking and accounting to ensure integrity for reporting requirements.
• Maintain documentary control processes to provide assurance that all policies and procedures are being adhered to.
• Participate in the month end closing process, including reconciliation of daily P&Ls back to the GL and posting of journal entries to ensure consistency with US GAAP / IFRS.
• Ensure daily P&L and general ledger is consistent with corporate accounting policy.
• Produce monthly financial reports, including P&L and balance sheet.
• Analyse monthly financial results to support reported figures, including yield, margin and trading results.
• Conduct monthly balance sheet substantiation as well as regular price/valuation reviews consistent with corporate policy.
• Assist the Head of EMEA product Control and other team members on ad hoc tasks and projects as required
• Ad hoc cover and support for the daily P&L production for other lines of businesses.
• Drive P&L production re-engineering and controls enhancements.
• Liaison with desk, middle office, and back office to resolve trade and P&L exceptions.

Requirements

• Qualified accountant (or by experience)
• Team player with strong interpersonal skills
• Significant financial services experience
• Experience of treasury and currency reporting would be advantageous
• Knowledge of money market, FX, and derivative products
• Results focused, organised and efficient
• Advanced proficiency with Microsoft office, particularly Excel and Access

• Produce daily P&L and currency exposure reports for subsystem based portfolios.
• Complete analysis of daily P&L and provide daily financial commentary.
• Ensure accuracy of multiple legal entities' booking and accounting to ensure integrity for reporting requirements.
• Maintain documentary control processes to provide assurance that all policies and procedures are being adhered to.
• Participate in the month end closing process, including reconciliation of daily P&Ls back to the GL and posting of journal entries to ensure consistency with US GAAP / IFRS.
• Ensure daily P&L and general ledger is consistent with corporate accounting policy.
• Produce monthly financial reports, including P&L and balance sheet.
• Analyse monthly financial results to support reported figures, including yield, margin and trading results.
• Conduct monthly balance sheet substantiation as well as regular price/valuation reviews consistent with corporate policy.
• Assist the Head of EMEA product Control and other team members on ad hoc tasks and projects as required
• Ad hoc cover and support for the daily P&L production for other lines of businesses.
• Drive P&L production re-engineering and controls enhancements.
• Liaison with desk, middle office, and back office to resolve trade and P&L exceptions.

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, 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.