Business Initiatives Consultant 1

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wealth & Investment Management, or WIM, is one of the United States’ leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, and retirement products and services to meet clients’ unique needs and help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. We accomplish this by:

• Building enduring client relationships through sound, thoughtful, and objective advice
• Developing individualized plans for clients to help meet their financial objectives
• Helping clients build, manage, preserve, and transition their financial resources and wealth

WIM serves clients through the following businesses:

• Wells Fargo Private Bank serves high-net-worth individuals and families.
• Abbot Downing serves ultra-high-net-worth individuals and families.
• Wells Fargo Advisors provides investment advice and guidance to clients through more than 13,200 full-service financial advisors and referrals from more than 5,450 licensed bankers.
• Wells Fargo Asset Management brings together a strategic balance of investment capabilities to serve the investment needs of institutions, financial advisors, and individuals worldwide.

Through Wells Fargo Private Bank and Abbot Downing, WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services and a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients.

The Fund Regulatory Reporting Consultant will contribute to the preparation and review of all annual, quarterly and monthly reports to regulators. Ensuring adherence with GAAP, regulatory reporting requirements and approved policies in addition to meeting all filing deadlines.
The Fund Regulatory Reporting Consultant will complete and review Form NPORT, NMFP, PF, CPO-PQR and other legal and regulatory filings for accuracy and completeness. Additional ad-hoc 3rd party reporting will be required on a “as need be basis”.

This position will collaborate with peers, internal business partners and external vendors throughout reporting processes and assist in the timely resolution of any issues identified. In addition, the successful candidate will work on implementing new accounting standards; contribute to the establishment of new policies or policy changes in response to regulatory changes, new investment types, and new fund types.

The Fund Regulatory Reporting Consultant will assist in identifying opportunities to improve department efficiency, develop and implement changes in current processes, with appropriate guidance and approvals. Evaluate the impact of process changes. Communicate impacts to affected parties and help prepare work environment for change.

Participate in special projects and perform other duties as assigned.

• 4+ years of experience in one or a combination of the following: project management, implementation, or strategic planning
• 3+ years of mutual fund industry experience
• 3+ years of financial accounting experience

• Knowledge and understanding of mutual funds administration: financial reporting, fund accounting, and operations
• Knowledge and understanding of calculation of Net Asset Value (NAV)
• Knowledge and understanding of mutual funds, financial reporting, and regulatory filings
• Intermediate Microsoft Office (Word, Excel, and Outlook) skills
• Ability to navigate multiple computer systems, applications, and utilize search tools to find information
• Ability to work effectively, as well as independently, in a team environment
• A BS/BA degree or higher in accounting, finance, or economics
• 3+ years of financial services experience
• 2+ years of financial reporting experience
• Strong attention to detail and accuracy skills
• Excellent verbal, written, and interpersonal communication skills
• Strong project management, vendor management, and research skills

• Self-motivated and capable of independently monitoring and completing tasks and projects within required time frames
• Ability to change priorities quickly
• Strong leadership, planning, analytical and organizational skills

MA-Boston: 125 High Street - Boston, MA

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.