Financial Market Infrastructure Network Manager - Lead Business Execution Consultant

About this role:

Wells Fargo is seeking a Financial Market Infrastructure (FMI) Network Manager to join the Network Management team. In this role, you will be responsible for the ongoing due diligence of a diverse cross-regional portfolio of Payment Systems, Securities Settlement Systems, and Central Counterparties (collectively "FMIs"). You will perform due diligence and oversight on FMI memberships, identifying and reporting key risks to Wells Fargo leaders and other key cross-functional partners. You will also play an integral role in supporting Payment, Clearing & Settlement (PCS) Recovery and Resolution Planning (RRP) requirements.

In this role, you will:

• Own and manage end-to-end FMI governance including onboarding, due diligence, performance monitoring, and termination
• Participate in ongoing FMI due diligence activities including service reviews, onsite due-diligence, and questionnaires
• Maintain the FMI provider database, implement FMI strategy, and ensure compliance with market regulations
• Execute Recovery & Resolution Planning requirements including regulatory content drafting and submission
• Collaborate and consult with team leaders in developing leadership reports, policies and procedures
• Review strategic approaches and effectiveness of support function and business performance
• Perform assessments through fact finding and data requiring creative approaches to solving complex issues, and develop appropriate solutions or recommendations
• Influence, guide and lead less experienced Strategy and Execution staff within the group

Required Qualifications:

• 5+ 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

Desired Qualifications:

• Demonstrated experience in Financial Market Infrastructure experience (e.g., Payment Systems, Central Securities Depositories, Central Counterparties): work experience and/or FINRA certification (e.g., Securities Industries Exam)
• Experience in regulatory compliance and/or reporting experience
• Relationship management and/or consulting experience, including cross-functional stakeholder engagement and influencing.

Job Expectations:

• This position offers a hybrid work schedule for three days in office two days remote
• This position is not eligible for Visa sponsorship
• Candidate must reside within a reasonable commute to a location listed in the posting

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.