Wells Fargo is seeking a Business Execution Associate -Business Aligned Supervisory Officer supporting the Corporate and Investment Banking (CIB) Markets business.
In this role, you will:
- Participate in planning and executing a variety of programs, services, and initiatives, and monitor key indicators to ensure effective performance and control management of assigned operations or business groups
- Review basic initiatives including policy or process changes, process improvements, technology enhancements, and conduct regular reviews to identify efficiencies and cost savings opportunities
- Receive direction from leaders and exercise independent judgement while developing an understanding of policies and procedures, best practices, and initiatives
- Collaborate and consult with mid-level managers or cross-functional business partners
- Provide work direction to less experienced Strategy and Execution staff
- Be part of the front-line Business Aligned Supervisory Support team and responsible for review, research and disposition of trade surveillance/ transaction monitoring alerts to identify potential misconduct and policy breaches across asset classes supporting the CIB Markets business.
- Perform CIB Markets controls and activities across asset classes for compliance with regulatory and internal requirements.
- Identify any non-compliant activity and escalate questionable trading activity to the onshore team (L2 team); support remediation where required.
- Collaborate and consult with onshore teams and India Management for any escalations and process improvement ideas.
- Partner with internal stakeholders (Controls, Compliance, Line of Business Chief Operating Officers) ensure adherence to the banks supervisory framework and to maximize efficiencies.
- Remain updated on developments and changes concerning relevant regulatory rules/regulations and policies.
- Actively participate in team meetings. Bringing solutions suggestions recommendations to the table.
- Develop, oversee, and provide independent credible challenge to standards with subject matter expertise.
- Assist with analysis and implementation of new and enhanced business controls and processes.
Required Qualifications:
- 6+ months of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Experience in trade surveillance, transaction monitoring, information barriers, or equivalent including direct experience reviewing alerts in trade surveillance role.
- Ability to work in a matrix global organization structure.
- Strong financial products and financial markets knowledge.
- Proficient knowledge of data sets for trading in Markets products, including but not limited to quotes, orders and executions.
- Knowledge of U.S., U.K. and Asia regulations.
- Ability to handle multiple tasks in a fast-paced environment.
- Strong written communication and verbal communication skills in English.
- Excellent analytical skills and strong attention to detail.
- Must exhibit highest standards of integrity and maintain confidentiality.
- Experience in creating MIS and capability to work with business analytics tools (PowerBI, Tableau, Qlickview, MS Dynamics).
- Bachelors/masters degree or any professional degree (CA/CS/CFA etc.) is required.
- 3 to 5 years of supervisory and surveillance controls experience in a global bank.
