International Risk Program Execution - CIB COO Risk Programs Executive Director

at  Wells Fargo

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

Required Qualifications for Europe, Middle East & Africa only:

• Experience in Business Execution, Implementation, Strategic Planning, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Management experienc

Desired Qualifications:

• Proven leadership credentials with significant experience managing teams across locations.
• Experience of building, managing, supporting, coaching, and retaining a high performing team.
• Substantial experience establishing, executing and managing controls in a corporate and investment banking production environment, particularly for subjects such as market conduct & supervision, cross border, employee conduct risks & SMCR / SEAR accountability regimes, supervisory frameworks, first line regulatory change, fraud risk, and permissible activity monitoring.
• Excellent knowledge of corporate and investment banking products and non-financial risks.
• Experience of applying Lean / Six Sigma principles to optimize processes.
• Experience transitioning tasks to offshore teams.
• Experience of integrating onshore and offshore teams to create one team ethos.
• Experience of delivering issues through to successful validation and knowledge of the overall issues management lifecycle.
• Proven experience of engaging with first, second- and third-line control oversight functions.
• Proven ability to influence outcomes when engaging across multiple functions and senior stakeholders.
• Ability to understand and apply critical judgement on a wide range of issues, with a talent for distilling the risks, applying key controls, and explaining these to stakeholders.
• Excellent analysis and planning capability.
• A track record of working across legal entities and countries to develop engagement models and controls that are aligned and optimize process and cost efficiency.
• Experienced at addressing a senior audience on complex and emotive topics combined with an ability to perform detailed data and trend analysis

Job Expectations:

• In addition to the responsibilities summarized in your job description, you are also required to always comply with the FCA/PRA Conduct Rules:
• You must act with integrity. You must act with due skill, care and diligence. You must be open and cooperative with the FCA, the PRA and other regulators. You must pay due regard to the interests of customers and treat them fairly. You must observe proper standards of market conduct

ABOUT THIS ROLE:

Wells Fargo is seeking a Business Execution Sr Manager/Executive Director within The International Risk Program Execution Leader is part of the Global Front Line Risk Program Execution function (within the ‘Corporate and Investment Banking’ CIB COO organization). The incumbent will

• Manage a team of risk professionals focussed on the execution of CIB front-line risk programs that address non-financial risks across “International” (EMEA and APAC).
• Liaise with regional business stakeholders and global program managers to ensure effective implementation of CIB and enterprise-wide programs such as Conduct Risk, Accountability Regimes, and Cross Border permissibility.
• Engage with second line partners across the region as this will be critical to ensure adherence to local regulatory guidelines and requirements, and application of business controls to enforce related policies and procedures.
• As the control framework within the first line evolves there is an expectation that the responsibilities of this role will expand to reflect the target operating model for Conduct and Compliance Risk Programs supporting the CIB businesses.

IN THIS ROLE YOU WILL:

The individual will be directly responsible for leading a dedicated team focused on managing the execution of front-line risk programs that address conduct and compliance risks across International:

• Define and execute an operating model for the non-financial risk programs within the team’s current mandate (conduct and compliance risks, individual accountability regimes such as SMF, SEAR, cross border, market conduct and supervision programs).
• Drive the vision and enhancement of existing portfolio, be an advocate for International/Regional needs and act as a strong change agent with a focus on efficiency.
• Embed and integrate the team with global programs to ensure ’one global model’ across CIB.
• Lead the team to drive target state for senior manager’s accountability regimes across applicable jurisdictions within International.
• Partner with the Enterprise teams including Technology on cross border permissibility risks and drive the execution of the target state operating model.
• Establish a strong foundation with the offshore team as part of location strategy.
• Undertake deep dive analysis of controls within the team to assess design and operating effectiveness.
• Drive automation and ‘lean’ control processes where possible.
• Drive engagement and integration with Enterprise risk programs, as applicable.

This due diligence will be repeated ongoing for any thematic controls that need to be migrated into the team or newly designed.

On-going responsibilities will include:

• Manage a team of resources located across APAC, EMEA and offshore entities responsible for execution of control activities including thematic control coverage.
• Act as primary interface with Business Control Executive for oversight / challenge of control design and operating effectiveness.
• Represent International Risk Program COO in control reviews (e.g. move-the-line planning) and control forums.
• Co-ordinate with CIB COO and Enterprise control leaders to achieve alignment of control activity and economies of scale.
• Maintain and enhance relevant control frameworks, procedures, processes, and guidance relating to control activities.
• Monitor ongoing effectiveness of a catalogue of International Risk Program COO owned control frameworks in partnership with the US CIB COO team.
• Drive continuous improvement to the control environment, by identifying and addressing gaps, as well as automating and offshoring processes where appropriate.
• Oversee all issues assigned to the International COO, taking ownership of initial challenges, and ensuring appropriate corrective actions are designed and implemented for required remediation and on-going oversight. Monitor key performance indicators for control activities, produce and distribute periodic reporting.

Required Qualifications for Europe, Middle East & Africa only:

• Experience in Business Execution, Implementation, Strategic Planning, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Management experience

Desired Qualifications:

• Proven leadership credentials with significant experience managing teams across locations.
• Experience of building, managing, supporting, coaching, and retaining a high performing team.
• Substantial experience establishing, executing and managing controls in a corporate and investment banking production environment, particularly for subjects such as market conduct & supervision, cross border, employee conduct risks & SMCR / SEAR accountability regimes, supervisory frameworks, first line regulatory change, fraud risk, and permissible activity monitoring.
• Excellent knowledge of corporate and investment banking products and non-financial risks.
• Experience of applying Lean / Six Sigma principles to optimize processes.
• Experience transitioning tasks to offshore teams.
• Experience of integrating onshore and offshore teams to create one team ethos.
• Experience of delivering issues through to successful validation and knowledge of the overall issues management lifecycle.
• Proven experience of engaging with first, second- and third-line control oversight functions.
• Proven ability to influence outcomes when engaging across multiple functions and senior stakeholders.
• Ability to understand and apply critical judgement on a wide range of issues, with a talent for distilling the risks, applying key controls, and explaining these to stakeholders.
• Excellent analysis and planning capability.
• A track record of working across legal entities and countries to develop engagement models and controls that are aligned and optimize process and cost efficiency.
• Experienced at addressing a senior audience on complex and emotive topics combined with an ability to perform detailed data and trend analysis.

Job Expectations:

• In addition to the responsibilities summarized in your job description, you are also required to always comply with the FCA/PRA Conduct Rules:
• You must act with integrity. You must act with due skill, care and diligence. You must be open and cooperative with the FCA, the PRA and other regulators. You must pay due regard to the interests of customers and treat them fairly. You must observe proper standards of market conduct.