About this role:

Wells Fargo is seeking a Financial Market Infrastructure (FMI) Network Manager to join the Payment, Clearing and Settlement Office (PCSO). In this role, you will be responsible for the ongoing 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”). The Financial Market Infrastructure ecosystem includes post-trade, payment, clearing, and settlement of cash and securities transactions and financial instruments worldwide. You will perform due diligence and oversight on direct FMI memberships, identifying and reporting key risks to Wells Fargo leaders and other key cross-functional partners. The role also entails managing external provider relationships to strengthen the company's FMI risk framework.

This position offers a unique opportunity to drive operational excellence and strategic growth within Wells Fargo's financial market infrastructure. Join us in shaping the future of global financial systems.

In this role, you will:

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.

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.).

Required Qualifications:

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

Financial Services, Risk Management, Legal, or Regulatory background

Experience in analyzing and interpreting complex rules, regulations, and scenarios beneficial.

Demonstrated ability to distill complex information and articulate outcomes and opinions to key stakeholders.

Experience in 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.

Desired Qualifications:

Highly motivated, energetic self-starter who takes ownership of assignments.

Understanding of regulatory landscape, project management experience or provider relationships would be advantageous.

Project management experience, including leading projects that implement major product deliverables and enhancements.

Posting End Date: 

*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.

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 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.

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.