Corporate & Investment Banking Model Governance Consultant
Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets, and advisory solutions 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. About this role :
Wells Fargo is seeking a Senior Business Execution Consultant to support Corporate & Investment Banking Model Governance execution. The Corporate & Investment Banking (CIB) Model Governance Team serves as the front line of model risk management, accountable for the execution, assessment, and effective oversight of model-related risks across the CIB. In addition to the day-to-day execution activities, the team supports the frontline in meeting policy requirements while also providing strategic guidance and recommendations. This includes ensuring that model risk management policy requirements, internal controls, processes, and procedures are both adequate and effective, and that executive management has a clear understanding of the risks, exposures, and emerging trends impacting the business. Key knowledge and experience that will support success in the roles includes extensive knowledge of CIB markets products, understanding of model development activities and methodologies, prior experience in trading or ex-trading roles and / or familiarity with CIB trading desk processes and procedures.
In this role, you will :
- Lead and support execution of day-to-day activities supporting CIB Model Governance across the lifecycle of models as required by Model Risk Management Policy.
- Work independently to make recommendations and provide guidance to support model owners, model developers, and other frontline stakeholders in execution of day-to-day model governance activities.
- Assist in the planning and execution of a variety of programs and initiatives that may include risk mitigation, policy implementation, issue management, control execution, and efficiency supporting CIB Model Governance.
- Collaborate and consult with team leaders in developing project plans, policies, and procedures required in management of Model Risk Management Policy and other associate enterprise policies impacting the business.
- Build and sustain strong relationships across a complex, matrixed organization in CIB, consulting and influencing stakeholders at all levels, including senior leadership.
- Research moderately complex business, operational, and strategic initiatives that require analytical skills, basic knowledge of organizational strategy and Business Execution, and understanding of international business.
Required Qualifications :
4+ 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, educationDesired Qualifications :
Experience and knowledge of Corporate & Investment Banking products and model policy / governance, services, and business processes including capital markets.Experience with products such as FX, Rates, Equities, Credit, or other Markets productsExcellent attention to detail, problem solving, and decision-making skillsAbility to make timely and independent judgment decisions while working in a fast-paced and results-driven environmentAbility to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environmentStrong communication skills both verbal and writtenAdvanced Microsoft Office (Word, Excel, Outlook, and PowerPoint) skillsBachelor's degree in finance, Strategic Planning, Analytics or comparable focus area(s)Job Expectations :
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. Information will be shared about expectations during the recruitment process.Ability to work a hybrid in-office schedule requiring 3 days in office per weekThis position is not eligible for Visa sponsorshipWe 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.