Full Job Description
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial financial services through more than 8,600 locations, 13,000 ATMs, online (wellsfargo.com), and mobile devices.
Corporate Finance is the centralized finance function for Wells Fargo and provides best-in-class financial advice and analytics to help the company dynamically plan for its future, optimize overall financial performance, and drive long-term shareholder value. Corporate Finance includes Financial Planning & Analysis (FP&A), central forecasting and reporting teams for revenue, expenses, and cost allocations, as well as CFO teams for most functional areas. The department also focuses on providing internal financial advisory services in order to lead strategic initiatives, assist with balance sheet optimization and investment spending, and partner with businesses to develop and advise on strategies to enhance profitability, growth, and returns.
This leader will report to the Head of Corporate Finance and be the CFO to the office of the Chief Operating Officer (COO). The position will lead a team providing finance leadership, with accountability and responsibility to the COO. Outstanding leadership skills and the proven ability to foster a culture of strong business expertise, sound controls, and continuous improvement will be determining factors in selection.
The office of the COO at Wells Fargo includes a number of critical departments such as Corporate Properties, Operations, Wells Fargo India & Philippines, Regulatory Relations, Control Executives, Business Continuity, Supply Chain Management, Customer Experience, and Enterprise Shared Services.
The key responsibilities for the role will:
Provide strategic financial leadership to the COO to help create and execute the roadmap leading to optimal financial performance; this includes providing expert advice and analysis to support budgeting, forecasting, costing and reporting activities for all areas in the office of the COO.
Ensure proper preparation of financials for operating reviews and reports; financial ownership for business cases; and ad-hoc financial analyses. Be prepared to present these financial plans to Wells Fargo senior leaders, including the Operating Committee.
Provide financial advice and guidance for strategic planning as well as other long-range line of business level plans.
Act as the voice of the customer and drive transparency, cost simplification and value measurement
Uphold and maintain a balance between risk mitigation and operational efficiency.
Ensure regulatory, data, and controls compliance for all processes/programs undertaken by the finance teams supporting the COO.
Build relationships and partner closely with all Wells Fargo Finance and COO leaders as well as partners across the entire organization.
Locations: New York, NY; San Francisco, CA; Charlotte, NC; other hub locations may be considered.
8+ years of management experience
12+ years of experience in one or a combination of the following: finance, accounting, treasury, analytics, reporting
Other Desired Qualifications
12+ years of experience as a senior leader in finance, technology or a related field in a large financial services environment.
Direct experience working as a CFO of a large business line or complex function.
Embraces change and leads the organization to adopt change in a manner that mitigates risk and organizational confusion.
Proven ability to attract, develop, and retain a highly engaged, high performing, and diverse team.
A leader who operates with a collaborative management style, is execution-focused, results oriented and has a demonstrated ability to work in a matrixed organization.
Experience in developing financial projections and establishing financial goals.
Excellent oral and written communication skills, with proven ability to coherently present complex financial topics tailored to all audiences.
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.