About this role:
Wells Fargo is seeking a Business Accountability Senior Manager to join our Corporate and Investment Banking (CIB) Market Conduct and Supervision team. Learn more about our career areas and lines of business at wellsfargojobs.com.
Ideal candidates will have in-depth an understanding of Corporate & Investment Banking's Businesses, products, key financial and non-financial risks and controls, and possess excellent communication skills, attention to detail, ability to multi-task, and a self-driven work approach.
In this role, you will:
- Manage and develop teams of specialists and managers to oversee moderate to highly complex activities associated with the development and implementation of business-specific programs, processes, and controls which identify, assess, monitor, measure, and mitigate risk
- Collaborate with and influence all levels of professionals including senior managers
- Engage and influence business heads, regulators, control management, risk, legal, and audit partners to successfully ensure appropriate management of business risk
- Drive end-to-end design, implementation, and execution of Market Conduct & Supervision related controls from ideation to production. This includes:
- Continuously using a risk-based approach to prioritize focus areas (e.g., by Business, asset class, source system)
- Facilitating design and working sessions with key stakeholders
- Proposing design and implementation approaches for evidence-based control activities including defining of relevant business requirements
- Working with data / technical resources to source and analyze data to determine feasibility of various controls
- Performing analysis of required data components for control activities to automate where feasible
- Supporting execution of control activities in BAU and partner with business counterparts to escalated identified exceptions (e.g., anomalous trade alerts, trading outside of mandates)
- Communicating and training of employees for new or enhanced associated controls
- Support our CIB Supervisory Framework including:
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- Maintaining the Supervisory hierarchy and associated delegations
- Determining and reporting on Licensing and Registration requirements, Conflicts of Interest related controls (Personal Account Dealing, Outside Business Activities, Information Barrier)
- Identification and management of CIB Associated Persons and Regulated Users attributes
- Setting supervisory expectations and communicating and driving remediation on BAU reporting
- Work with functions across first line, including Business Heads, Business Control Management, leadership to socialize, workshop, calibrate controls
- Partner with 2LoD Compliance to execute Market Conduct & Supervision related policies, procedures and associated governance routines
- Generate ad-hoc reports and materials for senior leadership to communicate control outcomes and other key metrics, KRIs and KPIs
- Management of Audit validation and internal testing (FLIV, EBCE & IT&V)
- 6+ years of risk management, business controls, or compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 3+ years of management experience
- Ability to lead strategy, control design, data analysis, and business requirements gathering
- Deep knowledge of Capital Markets businesses, associated products and services, data flows, trade lifecycle(s) and relevant risks
- Ability to create, drive, and manage project plans, and execute on the different phases of the delivery lifecycle
- Ability to take initiative and work independently with minimal supervision in a structured environment
- Strong partnership, collaboration, and communication skills across numerous functions and seniority levels
- Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
- Basic data analytics tooling (e.g., Excel, SQL, VBA) to create pivot tables, charts, and prototypes
- Experience working with large data sets
- Previous experience implementing and supporting front line supervisory controls
- Process definition and documentation experience associated with controls and procedures
- Ability to identify, assess and confidently raise risks and issues, escalate early, and independently engage in constructive credible challenge
- FINRA registration including Series 7, 63, 24 (or FINRA recognized equivalents)
New York, NY: 30 Hudson Yards
Charlotte, NC: 550 S Tryon
Pay Ranges:
New York, NY: $144,400 - $300,000
Charlotte, NC: $144,400 - $300,000
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.
$144,400.00 - $300,000.00
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
30 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, sexual 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, sexual 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 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.