CIB Control - Head of Surveillance Data Assurance

at  Wells Fargo

About this role:
Wells Fargo is seeking a Data Assurance Director to lead key strategic risk initiatives within the CIB (Corporate and Investment Banking) businesses. Learn more about our career areas and lines of business at wellsfargojobs.com.
The Corporate & Investment Banking Control organization serves as the front line of risk management and is accountable for assessing and effectively managing all associated risks for their groups. This team works to ensure internal controls, processes, and procedures are adequate and effective, and executive management understands the risks, exposures, and trends that impact the business. The group also collaborates on projects and initiatives by providing support and awareness of risks and mitigating control solutions.
The Control Executive for CIB has a business-aligned Control team that will closely partner with Operations Control for all aspects of the CIB business, including Securities Operations that support Wells Fargo Securities (WFS LLC) and regional broker dealers, derivative operations that support its Swap Dealer (WFBNA) including regional branches, and its Global Payments Services, Mortgage Servicing, FCM, and Prime Services businesses.
The Data Assurance Director will report to the Global Head of Trade Surveillance and will be responsible for managing and enhancing all aspects related to Data Assurance within Trade Surveillance. This position will require extensive knowledge of Product Management, Technology, Data Management and Trade Surveillance process.
The role requires strong global coordination and collaboration, and the successful candidate will work very closely with various leads within the Trade Surveillance department as well as Business Heads, COOs, Business Control Managers and partner functions (e.g., Compliance, Data Management, Technology, Risk, Operations and Legal).

In this role, you will:

• Drive enhancements related to Surveillance data strategy and data controls
• Identify opportunities for process improvement and risk control development by participating in different Trade Surveillance activities
• Collaborate with and influence all levels of professionals, including senior leadership
• Engage and influence Technology, Data Management, Business Heads, Regulators, Control Management, Risk, Legal, and Audit partners to successfully ensure appropriate management of business risk
• Manage the evaluation process of third party vendors for their data related controls
• Stay current on regulatory enforcements, industry trends, new technologies and methodologies
• Manage Surveillance Data processes and procedures across multiple surveillance platforms
• Influence the overall procurement process for the onboarding or enhancement of Trade Surveillance tools.
• Provide reporting, written and verbal updates to LOB risk oversight councils, CIB and Enterprise risk committees as issues/incidents arise that require escalation.

The role requires a sense of urgency, passion for results, and personal accountability for achievement. Successful candidates will have extensive knowledge of Surveillance Product Management, Technology and Data.

Required Qualifications, US:

• 7+ years of Risk Management or Financial Services Industry experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 7+ years of Surveillance Product Management, Technology, Data
• Demonstrated direct or indirect experience with Trade Surveillance in either First Line or Second Line roles
• Experience with Market Conduct, Market abuse controls and Supervisory review processes
• Prior experience at Market Oversight including any regulatory or government agencies
• Prior experience in process improvement, automation of control processes
• Understanding of Corporate and Investment Banking business operations, processes, products and customer interactions and associated risk manifestation
• Working knowledge of the Risk Management Framework (RMF) concepts and policies across risk types (regulatory, financial crimes, credit, operational, etc.)
• Excellent communication skills (verbal, written and interpersonal); ability to concisely articulate complex concepts in a clear manner
• Strong analytical skills with high attention to detail and accuracy
• Professionalism, adaptability and strong collaboration skills
• Ability to translate technical language into plain business language, and to translate business requirements into technology initiatives
• Demonstrated capability to confidently raise issues, escalate early, and engage in constructive credible challenge independently
• Demonstrated capacity to pro-actively and independently analyze and solve problems and address risks

Job Expectations:

• Ability to travel up to 10%

APPLICANTS WITH DISABILITIES

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

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

• Drive enhancements related to Surveillance data strategy and data controls
• Identify opportunities for process improvement and risk control development by participating in different Trade Surveillance activities
• Collaborate with and influence all levels of professionals, including senior leadership
• Engage and influence Technology, Data Management, Business Heads, Regulators, Control Management, Risk, Legal, and Audit partners to successfully ensure appropriate management of business risk
• Manage the evaluation process of third party vendors for their data related controls
• Stay current on regulatory enforcements, industry trends, new technologies and methodologies
• Manage Surveillance Data processes and procedures across multiple surveillance platforms
• Influence the overall procurement process for the onboarding or enhancement of Trade Surveillance tools.
• Provide reporting, written and verbal updates to LOB risk oversight councils, CIB and Enterprise risk committees as issues/incidents arise that require escalation