Wells Fargo is seeking a Lead Business Accountability Specialist (VP) to join our Corporate and Investment Banking (CIB) Market Conduct and Supervision team. 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. This is a hybrid role with some on office expectation. Learn more about our career areas and business divisions at wellsfargojobs.com.
In this role, you will:
Support end-to-end design, data analysis, testing and implementation of Market Conduct & Supervision related controls for Unauthorized Trading including:
Assisting in requirements definition and data analysis to build evidence-based control activities
Supporting workstream leads and leadership with data analysis to determine feasibility and options for various controls
Performing data analysis across centralized and de-centralized data sources to automate where feasible
Developing prototypes and working with support functions to refine and calibrate
Executing 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
Work with Control focus areas including Unauthorized Trading, including but not limited to:
Digitizing trader mandates across CIB's various businesses and asset classes (FICC, Equities)
Enabling ongoing monitoring against mandates across businesses and asset classes and developing sustainable monitoring mechanisms against mandates
Developing and implementing scenarios to identify anomalous trading scenarios related to Market Conduct risk across individual trader activity
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
Required Qualifications, US:
5+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
5+ years of advanced data analytics tooling experience (e.g., SQL, VBA, SAS, or similar)
Experience in Capital Markets business environment, including products and services, data flows, trade lifecycle(s) and relevant risks
Superior project management skills including the ability to handle multiple projects concurrently
Ability support ongoing tracking against project plans, and execute on the different phases of the delivery lifecycle
Experience partnering with technology throughout the development lifecycle
Ability to take initiative and work independently with minimal supervision in a structured environment
Demonstrated experience in a Trading, Trade Support, Operations, or Middle Office role
Strong organizational, multi-tasking, and prioritizing skills
Strong partnership, collaboration, and communication skills across numerous functions and seniority levels
Familiarity and experience with Agile software development methodology and the ability to document business requirements in the form of user-stories
Process definition and documentation experience associated with controls and procedures
Experience analyzing, interpreting and presenting results and recommendations to senior management
Ability to identify, assess and confidently raise risks and issues, escalate early, and independently engage in constructive credible challenge
Ability to operate effectively in a geographically dispersed organization
Excellent verbal, written, and interpersonal communication skills
Advanced Microsoft Office skills (Word, Excel, Outlook and PowerPoint)
Experience with tools and applications such as Tableau, Visio and Power BI
Posting Locations:
Charlotte, NC: 550 S. Tryon
New York, NY: 30 Hudson Yards
Pay Ranges:
Charlotte, NC: $111,100 - $197,500
New York, NY: $133,300 - $237,800
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. $111,100.00 - $237,100.00 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, 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.