Job Description
Corporate & Investment Banking (CIB) Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking commercial real estate lending and servicing investment banking equity and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe Department Overview (Markets Finance) The Corporate and Investment Banking (CIB) Line of Business Finance Teams report to the Head of CIB Finance and manages the finance functions directly supporting the Wells Fargo CIB Line of Business. CIB consists of Market, Banking, Commercial Real Estate, and International. The Markets business includes all sales and trading activity across asset classes and contains four main businesses offering a complete suite of products to institutional investors: Equities and FICC. The Markets Finance team is responsible for: Supporting the LOB leadership from a finance perspective, including providing consultative financial support and business analytics to enable business strategy, activities and initiatives Ownership and analysis of financial projections, actual period-end results, and other required LOB financial submissions Governance ad oversight over the LOB's management and legal entity reporting Risk management and stewardship of sound financial and operational internal controls and processes Financial oversight of product pricing, customer profitability, Investor Relations support materials and any significant in-business financial analysis used to support business decision making Cost and expense management, including financial oversight of project investments, compensation models and Efficiency & Effectiveness program reporting Establishing strong partnerships with Enterprise Finance and other business partners, including Controllers, Treasury, Risk, HR, Legal, etc. Maintaining a team characterized by deep functional and technical subject matter expertise, and a team culture consistent with the Company's Vision and Values. About the Role This role will report to the Head of Markets Finance based in India. The role itself will be located in Bengaluru. The person in this role will manage the Market's Equities daily P&L and management reporting, analytics, and reconciliation activities, and will have the following responsibilities: Responsibilities . 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 . Utilize the firm's P&L attribution to validate the reported
💡 Quick Summary
Seeking a career-building opportunity? The CIB Markets Equity Product Control | Sr Consultant position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
