Wells Fargo

E-Trading CIB Vice President – Lead Control Officer

Wells Fargo

full-time

Posted on:

Location Type: Office

Location: Charlotte • New York, North Carolina • 🇺🇸 United States

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Salary

💰 $100,000 - $196,000 per year

Job Level

Senior

About the role

  • Serve as primary control contact for Corporate & Investment Banking (CIB) Electronic Trading (E-Trading) with proven knowledge of products, services, processes, systems, and customers
  • Engage with Line of Business (LOB) partners on strategic and operational matters: Discuss strategy, industry trends, organizational changes, and new/modified markets, systems, products, and services to assess impact and remediate risk across all types, including financial risks
  • Execute and manage core risk programs: Oversee Risk and Control Self-Assessment (RCSA), Self-Assurance, Issues Management, loss capture, and related enterprise risk programs such as Business Continuity Planning (BCP), Information Security, Sales Practices, and Conduct Risk
  • Manage E-Trading governance forums: Ensure appropriate structure and documentation
  • Advise on control design and implementation: Collaborate with Control and LOB partners to mitigate risks specific to E-Trading
  • Coordinate with control team managers: Ensure E-Trading processes, risks, and controls are accurately identified and reviewed regularly
  • Investigate and document Operational Risk Events: Identify E-Trading-related events and coordinate remediation
  • Support E-Trading Governance Framework initiatives: Guide LOB partners in assessing operational risk exposure and ensuring consistent policy adherence across Markets
  • Drive E-Trading framework enhancements: Establish best practices, optimize policy standards, and improve internal documentation
  • Build inventory of business processes and governance channels: Include internal testing, audit, regulatory engagements, and integrate with RCSA where applicable
  • Establish routines with risk and audit partners: Provide transparency into business risk profile, trends, and governance initiatives
  • Conduct risk assessments: Evaluate adequacy and effectiveness of policies, procedures, systems, technology, and internal controls
  • Report findings and influence control improvements: Use corporate risk channels to escalate and advocate for enhanced controls
  • Maintain regulatory control profiles: Ensure ongoing updates of applicable regulations, residual risks, and compensating controls in systems of record
  • Analyze business and industry changes: Assess impact and identify potential operational risk issues related to E-Trading
  • Support Control Assurance efforts: Guide LOB process and control owners in managing control changes and liaise with Governance & Programs team
  • Provide risk reporting and updates: Deliver written and verbal updates to LOB risk councils, CIB/Wholesale, and Enterprise risk committees as needed

Requirements

  • 5+ years of Risk Management or Control Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Knowledge of Electronic Trading and Capital Markets: Strong understanding of platforms, business operations, and associated risks and controls
  • Familiarity with Risk Management Framework (RMF): Working knowledge of RMF concepts and policies across regulatory, financial crimes, credit, and operational risk types
  • Excellent communication skills: Ability to clearly articulate complex concepts verbally, in writing, and interpersonally
  • Strong analytical capabilities: High attention to detail and accuracy
  • Professional and proactive mindset: Adaptable and highly engaged approach
  • Ability to escalate and challenge effectively: Confidently raise issues and engage in credible challenge independently
  • Advanced Microsoft Office proficiency: Skilled in using Excel, Word, PowerPoint, etc.
  • Technical understanding of business operations: Insight into processes, products, and customer interactions where risk manifests
  • Leadership in risk structure development: Ability to build high-performing, diverse teams in a matrixed environment
  • Judgment in escalation: Ability to assess and determine when to raise concerns
  • Conflict resolution and objectivity: Proactively resolve issues while maintaining neutrality
  • Analytical and reporting skills: Ability to develop and deliver actionable management information
  • Problem-solving and risk mitigation: Demonstrated ability to independently analyze and address risks.
Benefits
  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
Risk ManagementControl ManagementElectronic TradingCapital MarketsRisk Management FrameworkRisk AssessmentOperational RiskBusiness Continuity PlanningData AnalysisReporting
Soft skills
CommunicationAnalytical SkillsProactive MindsetJudgmentConflict ResolutionProblem-SolvingLeadershipAttention to DetailAdaptabilityInterpersonal Skills