Macro Trading Business Manager- Executive Director

Wells Fargo & CompanyCharlotte, NC
2d$185,000 - $300,000Onsite

About The Position

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo. The Chief Operating Office (COO) supports the business by delivering platforms, processes and systems across a wide range of disciplines. This includes LOB business management, business solutions & enablement, client lifecycle management, data management, strategy & transformation, and innovation. About this role: Wells Fargo is seeking a Senior Lead CIB Business Manager (Executive Director level) within the COO team supporting the Macro line of business (Rates, FX, Repo, and Structured Notes). Learn more about the career areas and lines of business at wellsfargojobs.com In this role, you will: Partner with the Macro Trading desk leaders to support their strategic priorities Engage and influence business management for a large, complex business with cross-organization level initiatives and strategy Identify and recommend opportunities for large-scale business initiatives, including but not limited to development and execution of strategy, budgeting and forecasting, infrastructure planning, and broad compliance and operational risk efforts Determine appropriate strategy and actions to ensure the businesses remain compliant with regulatory and internal standards Ensure appropriate remediation of critical issues Partner with internal stakeholders on risk reviews and audits Culture of excellence career with focus on clients, delivering with precision and culture of collaboration; help train, mentor, coach and develop junior talent Review and analyze complex business, operational, or technical challenges that require in-depth evaluation on platform & processes; recommend & drive change Collaborate and consult with peers, colleagues, and management to resolve issues and achieve goals Build strong working relationships with CIB product partners Ensure compliance with FIRNA and other relevant regulatory rules and help guide team to improve process to meet market practices as they develop

Requirements

  • 7+ years of corporate & investment banking business management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Ability to travel as needed
  • Willingness to work on-site in accordance with current office requirements
  • Ability to work additional hours as needed
  • This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents. Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.
  • 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.
  • 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.

Nice To Haves

  • 10+ years foreign exchange experience, interest rates experience, or other equivalent capital markets experience
  • Prior experience with Rates or FX trading
  • Effective organizational, multi-tasking, and prioritizing skills
  • Experience working with third party data from vendors like Coalition, Expand etc.
  • Strong analytical and quantitative skills
  • Proven ability to create effective relationships with internal partners across various lines of business
  • High proficiency in PowerPoint, Word and Excel with comfort creating business-ready content
  • Self-motivated to perform at a high level
  • Desire to work in collaborative environment
  • A strong work ethic and positive attitude
  • A BS/BA degree or higher in business administration, economics, finance, or related field

Responsibilities

  • Partner with the Macro Trading desk leaders to support their strategic priorities
  • Engage and influence business management for a large, complex business with cross-organization level initiatives and strategy
  • Identify and recommend opportunities for large-scale business initiatives, including but not limited to development and execution of strategy, budgeting and forecasting, infrastructure planning, and broad compliance and operational risk efforts
  • Determine appropriate strategy and actions to ensure the businesses remain compliant with regulatory and internal standards
  • Ensure appropriate remediation of critical issues
  • Partner with internal stakeholders on risk reviews and audits
  • Culture of excellence career with focus on clients, delivering with precision and culture of collaboration; help train, mentor, coach and develop junior talent
  • Review and analyze complex business, operational, or technical challenges that require in-depth evaluation on platform & processes; recommend & drive change
  • Collaborate and consult with peers, colleagues, and management to resolve issues and achieve goals
  • Build strong working relationships with CIB product partners
  • Ensure compliance with FIRNA and other relevant regulatory rules and help guide team to improve process to meet market practices as they develop

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
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