CIB COO - Senior Business Supervisory Officer

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

About this role:

Wells Fargo Corporate and Investment Banking (CIB) COO division has multiple open roles for a senior Business Supervisory Officer, at Executive Director level to build out the Markets Division Supervision Program. This includes running point on the general Supervision Framework by driving the Business as Usual (BAU) model. This position will require deep product knowledge focused in one of the following: FX, Rates, Credit, Equities, Structured Products, Municipals, Commodities, or Electronic Trading to provide expertise to key aspects of the Firm's Trade Surveillance Framework in the First Line.

The successful candidate will report to the Head of Supervisory Support and will work closely with the Line of Business supervisors, Business Controls and COO teams as well as other support functions (e.g., Compliance, Testing, Risk, Operations, Technology, Legal, Audit and Human Resources). Their goal will be to help the Designated Supervisors to be more efficient and effective Supervisors by ensuring that there is a sound supervisory framework there are no gaps in supervision coverage, and the program is in compliance with applicable rules, regulations, and industry best practices.

In this role:

Candidate must be able to thrive in a dynamic, fast-paced and high-pressure environment. Primary responsibilities include the following:

• Provide trading/ compliance expertise together with others, maintaining global transparency and consistency (where appropriate) of roles, processes, and accountabilities, and enhance governance and associated documentation.

• Work with control partners to identify control gaps, design, implement and track through issue remedial actions to close and continue to improve conduct and culture within the business and wider organization including but not limited to communications surveillance, trade surveillance, conflicts of interest, customer care obligations, unauthorized trading, etc.

• Provide input into Enterprise and Global Markets policies and procedures.

• Represent Global Markets at various committees, forums, working groups and meetings as required.

• Act as an escalation point for any items that require escalation, awareness, or approval.

• Interface with Regulatory agencies (e.g., OCC, FINRA, SEC, FCA...etc.) as required, representing the bank and to be accountable for ensuring regulatory concerns are appropriately and swiftly addressed.

Required Qualifications:

• 7+ 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:

• 7+ years of industry experience in Trading, Controls or Compliance.

• A BS/BA degree or higher.

• Ability to demonstrate in-depth trading/product knowledge around trading correlations, use of derivatives and hedging.

• Understanding of Market Abuse Risks and applicable rules and regulations across specific Sales and Trading business.

• In-depth knowledge of Supervision, Supervisory programs, role of a supervisor, obligations of a supervisory delegate and risks associated with such.

• Ability to work collaboratively across multiple stakeholders and deliver results in a timely manner.

• Self-starter with ability to multitask, manage competing priorities, and effectively lead in a dynamic environment.

• Excellent verbal and written communication skills with the ability to articulate complex concepts in a clear and concise manner.

• Strong attention to detail and high quality standard for work.

• Commitment to provide timely and accurate guidance to FLU with strong ability to influence when needed.

• Inquisitive and proactive mindset with the ability to think creatively to solve problems and anticipate potential questions and issues.

• Experience handling highly sensitive and confidential information utilizing sound judgement.

• FINRA Series 7, 24 & 63 licenses preferred but not a pre-requisite. Must be willing to obtain in a timely manner.

Job Expectations:

• Ability to travel up to 10%

Posting Locations:

Charlotte, NC: 550 S Tryon

New York, NY: 30 Hudson Yards

Pay Ranges:

Charlotte, NC: $144,400 - $300,000

New York, NY: $144,400 - $300,000

Pay Range

$144,400.00 - $300,000.00

Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan

• Paid Time Off

• Parental Leave

• Critical Caregiving Leave

• Discounts and Savings

• Health Benefits

• Commuter Benefits

• Tuition Reimbursement

• Scholarships for dependent children

• Adoption Reimbursement

Posting End Date:

19 Apr 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.

Company: WELLS FARGO BANK

Req Number: R-353725-1

Updated: Thu Apr 18 00:00:00 UTC 2024

Location: NEW YORK,New York