Vice President, Product Control - Sme (individual Contributor) (Karnataka)

Vice President, Product Control - Sme (individual Contributor) (Karnataka)

08 Aug
|
Wells Fargo
|
Karnataka

08 Aug

Wells Fargo

Karnataka

About this role Wells Fargo is seeking a Lead Risk Analytics Consultant In this role you will Lead complex initiatives related to business analysis and modeling including those that are cross functional with broad impact and act as key participant in data aggregation monitoring and reporting of stress testing and portfolio analysis for Risk Analytics Review and analyze complex programing models to extract data and manipulate databases to provide statistical and financial modeling specific to businesses supported Manage the roll out of pilot programs developed as a result of programmed models for supported businesses and product line Make decisions in complex product strategies data modeling and risk exposure requiring solid understanding of business unit projects and regulatory responses policies procedures and compliance requirements that influence and lead Analytic and Reporting to meet deliverables and drive new initiatives Collaborate and consult with peers less experienced to more experienced managers to resolve production project and regulatory issues and achieve risk analysts and common modeling goals Lead projects teams and mentor Required Qualifications 5 years of Risk Analytics experience or equivalent demonstrated through one or a combination of the following work experience training military experience education Desired Qualifications Valuable understanding of Equity Derivatives Structured Products business with exposure to structured exotic derivative products corresponding risk measures for the purposes of analyzing changes to P L and providing explanation to the senior management and the regulators Working knowledge of new age reporting tools like Alteryx Power BI Tableau and usage of AI tools Timely and accurate daily P L reporting and general ledger reconciliations primarily for the firm s trading activities P L production will include both Comprehensive P L and clean risk-based P L Research and identify P L issues arising from incorrect trade bookings system errors and valuation discrepancies Month-end close for P L and substantiation of balance sheet at a detailed level Must have strong attention to detail and ability to identify and escalate issues as needed This role will require close and efficient communication with various groups including Front Office Middle Office Market and Credit Risk and Group Controllers Prepare weekly monthly management reports financial highlights Provide high quality commentary on P L and balance sheet drivers Develop a solid understanding of the legal entities on which trading activities are conducted and ensure the P L is reported accurately on each entity Prepare material to support internal external audit examinations queries Develop and improve upon internal controls through critical evaluation of current environment with the goal of implementing consistent industry best practices across the enterprise Maintain accurate policies and procedures that are up to date and can be easily followed by internal and external audit groups Job Expectations Finance Product Control Responsible for analyzing validating and reporting accurate Profit and loss for the Corporate and Investment banking business through a series of controls Entails partnering as well as challenging the Trading Desks front office teams on their trading banking and advisory activities while facilitating regulatory compliance This VP-level position reports to the Equity Product Control manager in India and is based in Bengaluru The successful candidate will directly report to the Manager of Equity Product Control and needs to contribute towards the Market s Equity daily P L and management reporting analytics and reconciliation activities with expanded responsibilities in governance stakeholder management and strategic process improvement Oversight Leadership Direct and mentor a team responsible for timely and accurate daily P L reporting and general ledger reconciliations for the firm s trading activities Ensure best practices in both Comprehensive and Clean risk-based P L production Strategic Issue Resolution Lead investigations into complex P L issues including incorrect trade bookings system errors and valuation discrepancies Drive root-cause analysis and remediation plans Stakeholder Engagement Build and maintain strong partnerships with Front Office Middle Office Market and Credit Risk and Group Controllers Act as a senior point of escalation and challenge trading banking and advisory activities Regulatory Audit Interface Represent Product Control in internal external audit examinations and regulatory queries Process Improvement Critically evaluate and enhance internal controls policies and procedures Champion the adoption of industry best practices and drive continuous improvement initiatives Posting End Date 4 Dec 2025 Job posting may come down early due to volume of applicants We Value Equal Opportunity Wells Fargo is an equal opportunity employer All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any other legally protected characteristic 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 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 Applicants with Disabilities To request a medical accommodation during the application or interview process visit Disability Inclusion at Wells Fargo Drug and Alcohol Policy Wells Fargo maintains a drug free workplace Please see our Drug and Alcohol Policy to learn more Wells Fargo Recruitment and Hiring Requirements a Third-Party recordings are prohibited unless authorized by Wells Fargo b Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process

📌 Vice President, Product Control - Sme (individual Contributor) (Karnataka)
🏢 Wells Fargo
📍 Karnataka

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