About this role:

Wells Fargo is seeking a Senior Business Accountability Specialist

In this role, you will:

Be part of the Front-Line Market Conduct and Supervision team and responsible for review, research and disposition of non-market abuse and rule-based trade surveillance/ transaction monitoring alerts across asset classes supporting the Corporate and Investment Banking Markets business.Identify any non-compliant activity and escalate questionable trading activity to the onshore team (L2 team); support remediation where requiredPartner with the CIB COO Central Supervision team to ensure adherence to the supervisory frameworkDevelop, oversee, and provide independent credible challenge to standards with subject matter expertise.Support the development of surveillance controls to identify misconduct and market abuse, including in the testing of next generation systems and perform first-line-of-defense activities in relation to consequential risks.Perform basic or tactical ongoing regulatory and operational reviews as well as other duties related to best practices and opportunities for additional synergies to maximize efficiencies.Collaborate and consult with onshore teams and India Management for any escalations and process improvement ideas.Assist with analysis and implementation of new and enhanced surveillance reviews and processes.

Required Qualifications

4+ 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 Qualification

Bachelor’s/master’s degree or any professional degree (CA/CS/CFA etc.) is required.

4+ years of Supervisory Control/Trade Surveillance/Transaction monitoring/ Information Barrier/Control room experience, or equivalent including direct experience reviewing alerts in Trade/Information Barrier/Control room in a Surveillance role.Ability to work in a matrix global organization structure.Extensive experience in the review of trade surveillance/transaction monitoring alerts across market conduct / market abuse behaviors as well as rules-based surveillance using surveillance applicationsStrong 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 US/UK Market Abuse or Manipulation Regulations and similar FCA MAR BehaviorsKnowledge of SEC, FINRA market abuse rules and regulations and FCA MAR Behaviors.Interfacing with relevant stakeholders to review and escalate potential manipulative trading behaviors.Remain updated on developments and changes concerning relevant regulatory rules/regulations and policiesDevelop and maintain a good understanding of the Firm's business groups and products in accordance with the relevant processes and procedures with a view to expanding and improving existing coverageActively participate in team meetings. Bringing solutions / suggestions / recommendations to the tableDemonstrated ability to handle multiple tasks in a fast-paced environmentStrong written communication and verbal communication skills in EnglishExcellent analytical skills and strong attention to detailMust exhibit highest standards of integrity and maintain confidentialityAdditional surveillance experience in Voice, E-Comms , Information Barrier or Control room will be an added advantageExperience in creating MIS for senior management.

Posting End Date: 

30 Jan 2025

*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.