International Compliance & Operational Risk APAC CIB - ED

About this role:

Wells Fargo is seeking a dynamic and pragmatic risk manager to join the International Business Aligned Compliance and Operational Risk team based in Singapore providing regulatory compliance and operational risk oversight and support to the Global Markets Sales and Trading lines of business operating across the international platform, with a primary focus on the Markets lines of business operating in Singapore, Japan and Hong Kong.

Based in Singapore, providing independent oversight, challenge and advisory support to CIB Markets business lines within your coverage and partner functions in relation to regulatory compliance and operational risk matters.

As a part of Wells Fargo’s second line of defense and Independent Risk Management team, covers jobs responsible for establishing, implementing, and maintaining risk standards and programs to ensure compliance with federal, state, agency, legal, regulatory, and Corporate Policy requirements, while also providing governance, oversight, and credible challenge of operational risk exposures and risk management practices arising from inadequate or failed internal processes, people, systems, or external events.

In this role, you will:

• Be the senior APAC CIB Business Aligned Compliance and Operational Risk SME based in Singapore with primary coverage of the international Global Markets Sales and Trading FICC lines of business operating in Singapore, Hong Kong and Japan.
• Provide technical regulatory compliance and operational risk advice and challenge to the FICC Sales and Trading desks operating across the international platform, with primary coverage of the Markets lines of business operating in Singapore, Hong Kong and Japan.
• Apply technical knowledge of Fixed Income (FX, Rates, Credit and Commodities) products, providing value add risk management oversight and partnership to the business.
• Operate with autonomy and be the most senior CIB Compliance and Operational Risk point of contact in the region with accountability for your areas of coverage.
• Reporting directly into the International Head of Business Aligned Compliance, Operational Risk and Conduct Risk and be part of their international management team.
• Support business growth and strategy, including new business initiatives as the Global Markets lines of business continue to evolve in the region and globally.
• Be a trusted advisor to business partners ensuring reliable and sound advice and challenge.
• Proactively identify emerging Compliance and Operational Risks and support in the management and mitigation.
• Establish, implement and maintain Compliance & Operational Risk standards and programs to drive compliance with federal, state, agency, legal and regulatory and Corporate Policy requirements.
• Oversee the Front Line's execution and challenge appropriately on Compliance & Operational Risk related decisions.
• Develop, oversee, and provide independent credible challenge to standards with subject matter expertise.
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change.
• Report findings and make recommendations to management and appropriate committees.
• Identify and recommend opportunities for process improvement and Compliance & Operational Risk control development.
• Exercise independent judgment and make decisions to resolve issues to meet business objectives in a timely and considered manner.
• Monitor the reporting, escalation, and timely remediation of issues, deficiencies or regulatory matters regarding Compliance & Operational Risk management.
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
• Work with complex business units, rules and regulations on moderate to high Compliance & Operational Risk compliance matters.
• Interface with Audit, Legal, external agencies, and regulatory bodies on risk related topics

Required Qualifications:

• 10+ years of Compliance, Operational Risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Extensive experience in Compliance and/or Operational Risk at leading international financial services firm(s).
• Proven technical and in-depth knowledge of Global Markets FICC products and associated regulatory and operational risks.
• Proven experience covering FICC Sales and Trading Products at other global financial services organisations in a Compliance and/or Operational Risk role.
• Clear understanding of the market and regulatory environment in which Wells Fargo International operates, including relevant sectors, countries, products, and clients.
• Deep understanding of the ever-evolving governance and regulatory environments as well as industry and operational risk and compliance risk-related best practices.
• Client Focus - demonstrates clear understanding of importance of effective customer service (internal and external clients).
• Trust - demonstrates high standards of integrity and openness.
• Teamwork - demonstrates ability to work effectively as a member of a team, a collaborative style and understands the value of diversity.
• "Outperformance" – regularly exceeds the expectations of others and the role.
• Building Organizational Talent - attracting, developing, and retaining talented individuals. Providing timely coaching, guidance, and feedback to help others maximize their potential and meet key accountabilities. Using appropriate methods and interpersonal styles to develop, motivate and guide a team toward successful outcomes and attainment of business objectives.
• Change Leadership - continuously seeking (or encouraging others to seek) opportunities for different and innovative approaches to addressing organizational problems and opportunities and transforming a function.
• Global Acumen - developing and incorporating an understanding of the competitive global business environment as well as an awareness of economic, social, and political trends that impact Wells Fargo's global strategy.
• Developing Strategic Relationships - using appropriate interpersonal styles and communication methods to influence, collaborate and build effective relationships with senior business partners.
• Client Orientation - cultivating strategic client relationships and ensuring that the client perspective is the driving force behind all value-added business activities.
• Driving Execution - translating strategy into operational reality. Breaking down strategic priorities or business initiatives into key tasks and identifying accountabilities. Aligning communication, people, culture, processes, resources, and systems to ensure effective implementation and delivery of required results.

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.