About This Role:Wells Fargo is seeking a Financial Market Infrastructure (FMI) Network Manager (Senior Business Execution Consultant) to join the Payment, Clearing and Settlement Office (PCSO) group as part of Payment Operations within the Chief Operating Office. Learn more about our career areas and business divisions at wellsfargojobs.com.
In this role, you will:- Lead operations due diligence, oversight, governance, and escalations of a complex and diverse cross-regional portfolio of Payment Systems, Central Counterparties (CCPs), Financial Market Utilities (FMUs), and Exchanges (collectively "FMIs").
- Perform due diligence and oversight on direct FMI memberships, identifying and reporting key risks to Wells Fargo leaders and other key cross-functional partners.
- Play an integral role in managing external provider relationships to enhance the Company's FMI risk framework.
- Assist in the control and monitoring FMI risk framework - maintaining the provider database, FMI strategy and compliance with market regulations as well as driving the evaluation, selection, oversight, and maintenance of FMI relationships
- Be accountable for contributing to the FMI Network Management due diligence and oversight Standard Operating Procedures (SOPs) and process reviews. This includes assessment and incorporation of new and relevant criteria into the oversight process as the regulatory landscape evolves
- Implement on-going monitoring and governance requirements for FMI membership risks including service reviews, onsite due-diligence, and FMI questionnaires
- Participate in and contribute to internal governance and controls forums and provide updates to senior management across all areas of the firm
- Serve as an FMI subject matter expert to provide global, cross-LOB risk and governance advice and guidance on new and/or existing FMI engagements, covering a wide range of potential risks to support business decisions
- Participate in special projects and initiatives as required (e.g. regulatory requests / examinations, recovery, and resolution planning, etc.)
- Lead support functions or operations for multiple business groups and contribute to large scale strategic initiatives
- Ensure efficiency, quality, cost effectiveness of solutions, and pipeline management relating to assigned operations
- Research moderately complex business, operational, and strategic initiatives that require analytical skills, basic knowledge of organizational strategy and Business Execution, and understanding of international business
- Work independently to make recommendations for support function by providing support and leadership
- Assist in the planning and execution of a variety of programs and initiatives that may include risk mitigation, efficiency, and customer experience
- Collaborate and consult with team leaders in developing project plans, policies and procedures
- Provide leadership in management of relationships and implementation of programs, services, and initiatives with cross functional business partners
- Ensure efficiency, quality, cost effectiveness of solutions, and pipeline management relating to assigned operations
- Research moderately complex business, operational, and strategic initiatives that require analytical skills, basic knowledge of organizational strategy and Business Execution, and understanding of international business
- Work independently to make recommendations for support function by providing support and leadership
- Assist in the planning and execution of a variety of programs and initiatives that may include risk mitigation, efficiency, and customer experience
- Collaborate and consult with team leaders in developing project plans, policies and procedures
- Provide leadership in management of relationships and implementation of programs, services, and initiatives with cross functional business partners
Required Qualifications- 4+ years 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
- 4+ years of Financial Services, Risk Management, Legal, or Regulatory experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications- Experience analyzing and interpreting complex rules and regulations
- Understanding of regulatory landscape, project management experience or provider relationships
- Project management experience, including leading projects that implement major product deliverables and enhancements
- Knowledge and experience working with Payment Systems, Central Counterparties, and Securities Settlement Systems
- Ability to distill complex information and articulate outcomes and opinions to key stakeholders
- Experience interacting with senior management and cross-functional, regional teams and business partners
- Detail orientated, with strong written, verbal communication, and presentation skills
- Ability to prioritize and manage multiple deliverables in a dynamic and evolving environment
- Highly motivated, energetic self-starter who takes ownership of assignments
Job Expectations- Ability to work on-site at the work location below
Location- 1525 W WT Harris Blvd, Charlotte, NC
Required location listed above. Relocation assistance is not available for this position.
Posting End Date: 14 Mar 2025
*Job posting may come down early due to volume of applicants. We Value DiversityAt 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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
