Accounting Analyst I

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.

This is where your true career begins. We ranked #3 on the 2022 LinkedIn Top Companies list - and #1 among financial services companies - as the best workplace "to grow your career". We support employees' career aspirations and growth. We're proud of our employee-centered business approach and our commitment to diversity, equity, and inclusion in the workplace. We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees

About This Role

Wells Fargo is seeking a Commercial Banking Portfolio Manager in Middle Market Banking as part of the credit management team. This key position is responsible for credit portfolio management to meet the long-term financial objectives and risk tolerance for commercial banking clients and serves as a key member of a client's deal team. Learn more about the career areas and lines of business at wellsfargojobs.com

In This Role, You Will
• Participate in performing financial research, underwriting, and structuring complex credits within Commercial Banking Portfolio Management functional area
• Review and research business financial statements and tax returns that require an in-depth evaluation of multiple factors
• Resolve moderately complex issues and lead Commercial Banking Portfolio Management team, to meet project deliverables, while leveraging solid understanding of the function, policies, procedures, and compliance requirements
• Collaborate and consult with Commercial Banking Portfolio Management peers, colleagues, and mid level managers to resolve issues and achieve goals
• Lead projects and teams or serve as a mentor for less experienced individuals
• Research complex credit investigations and diverse credit information for loans
• Identify opportunity for process improvements within scope of responsibilities or functional area
• Review and identify basic operational assignments that require research, evaluation, and selection of alternatives while exercising independent judgement to guide medium risk deliverables
• Present recommendations for resolving complex situations and exercise independent judgement while developing expertise in the function, policies, procedures, and compliance requirements
• Collaborate and consult with functional colleagues, internal partners, and stakeholders including internal as well as external customers

Required Qualifications:
• 2+ years of Commercial Banking Portfolio Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:
• Previous experience underwriting C&I (commercial and industrial), and IRE (investor real estate) complex credit
• Experience completing commercial annual loan renewals and reviews
• Experience negotiating interest rates, price, terms, and collateral requirements
• Knowledge and understanding of commercial and specialty group banking products and services
• Solid knowledge and understanding of credit policy, loan servicing, risk management, and group underwriting requirements
• Previous experience using Blast or Creditview
• Demonstrated experience showing attention to detail, self-motivation and the ability to independently problem solve

Job Expectations:
• Hybrid Work Schedule
• May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards.

Arizona-Chandler Pay Range $+6,600-171,800 Annually

California-Concord Pay Range $115,+00-206,100 Annually

California-Irvine Pay Range $106,300-188,+00 Annually

California-Palo Alto Pay Range $115,+00-206,100 Annually

California-West Covina Pay Range $106,300-188,+00 Annually

California-San Jose Pay Range $115,+00-206,100 Annually

Washington-Seattle Pay Range $115,+00-206,100 Annually

Washington-Tacoma Pay Range $106,300-188,+00 Annually

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.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$84,000.00 - $17+,200.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

24 Sep 2024
• Job posting may come down early due to volume of applicants.

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, ****** 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, ****** orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants With Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and ******* Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and ******* Policy to learn more.

Wells Fargo Recruitment And Hiring Requirements
• Third-Party recordings are prohibited unless authorized by Wells Fargo.
• Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Reference Number

R-402164-8
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M&T Bank


Accounting Analyst I
M&T Bank • Buffalo, NY, United States • via M&T Bank Jobs
16 hours ago
Full–time
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Job highlights
Identified by Google from the original job post
Qualifications
Associate's degree and a minimum of 2 years of experience in accounting, auditing, operations or financial institutions OR a Bachelor's degree
Knowledge of activities in own job; skills gained through training or experience
High level of PC competencies (Excel, PowerPoint, Word, Access
3 more items(s)
Benefits
M&T Bank is committed to fair, competitive, and market-informed pay for our employees
The pay range for this position is $24.76 - $41.27 (USD)
The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation
Responsibilities
Assist/participate in the documentation and/or analysis of financial/accounting or tax information and the preparation of financial, tax and/or regulatory reports, adherence to internal controls while ensuring the quality of data being reported
Provides product level accounting guidance to partners across the Bank, including accounting research in tandem with the Accounting Policy team
Responsible for some month end accounting entries relating to more complex products at the Bank
15 more items(s)
More job highlights
Job description
Overview:

Assist/participate in the documentation and/or analysis of financial/accounting or tax information and the preparation of financial, tax and/or regulatory reports, adherence to internal controls while ensuring the quality of data being reported.

Primary Responsibilities:
• Provides product level accounting guidance to partners across the Bank, including accounting research in tandem with the Accounting Policy team.
• Responsible for some month end accounting entries relating to more complex products at the Bank.
• Provides cross training/support to new team members.
• Assist with problem resolution and data interpretation, perform variance analysis, and ensure timely submission of reports.Analyze results and provide input for management recommendations.
• Prepare financial schedules, reconciliations and reports for the Corporation, which could include bank regulatory reports, SEC reporting, reports to shareholders and the Board of Directors, as well as internal management reports. Knowledge of various tax regulations as applicable.
• Selects alternatives from defined options in a variety of work routines by applying basic finance or accounting concepts.
• Other functions include data integrity testing, general ledger entries, adherence to generally accepted accounting principles, SEC disclosure requirements, and bank regulatory requirements.
• Display foundational understanding of M&T's (or applicable Business Unit within) financial statements; including awareness of key drivers/trends in major Balance Sheet and Income Statement line items.
• Participate in training and development opportunities across Finance.
• Be aware and adhere to department timelines and deliverables.
• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.Identify risk-related issues needing escalation to management.
• Promote an environment that supports diversity and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Education and Experience Required:

Associate's degree and a minimum of 2 years of experience in accounting, auditing, operations or financial institutions OR a Bachelor's degree.

Knowledge of activities in own job; skills gained through training or experience

High level of PC competencies (Excel, PowerPoint, Word, Access. Data visualization or data querying applications are a plus.)

Detail oriented, with good problem-solving skills

Good verbal and written communication skills

Education and Experience Preferred:

Bachelor’s degree in Finance or Accounting or related field

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $24.76 - $41.27 (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans

United States
New York
Buffalo Show on map Get directions