Subject matter expert responsible for building transaction monitoring controls at Wells Fargo. Managing global delivery and establishing robust surveillance frameworks for Credit and Spread products.
Responsibilities
Manage global delivery of strategic FLOD surveillance / monitoring platform / tools.
Establish a robust surveillance framework for Credit and Spread products through implementation of a trade surveillance platform, system controls and escalation framework
Review of market making and Automated Client execution activity, to assess monitoring requirements
Manage relationship with front office, Implementation team and technology team/data deliverables for Transaction monitoring
Provide Market Integrity training to BAU monitoring teams and business Supervisors (e.g. Sales and Trading Desk heads)
Establish and build robust Quality Assurance framework for front line monitoring activities
In-Depth / Pattern Analysis of specific high-risk alerts across a variety of Credit, Muni, and Structured Product trading workflows (order driven, RFQ driven, etc.)
Calibration / Back testing of Surveillance models and scenarios
Define requirements and Design next generation surveillance models that can be used by first line
Creation of Procedures and System Controls to ensure sustainable controls are documented in line with Wells Fargo’s risk Management Framework
Manage Model Calibration process to reduce false positives and calibration process documentation/evidence
Engage with peer SMEs and internal resources at all levels and across multiple lines of business/support functions and serve as an experienced advisor to leadership
Provide vision, direction, and expertise to leadership for implementing innovative and significant business solutions that are large scale, global and cross organizational.
Requirements
5+ years of Securities Product Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Experience in risk management, business controls, or compliance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Extensive knowledge 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
Significant experience in trade surveillance monitoring systems/model development, design and calibration including in depth understanding of Model design and calibration processes
Experience with TradingHub, FIS, TCM, and Actimize
Experience of working on trading floor in trading, business manager or e-Trading analyst capacity.
Combination of Strong Sense of Business Orientation, Technology and trading system Platform control management capabilities
Significant experience of delivering Trading platforms/controls for large investment banks.
In depth experience in Regulatory Change including, but not limited to, Trade Surveillance & Business controls for MAR and MiFID
Significant experience in FLOD IT Project / Product Management of large-scale global projects
Experience in Algo trading or equivalent experience building Algo transaction monitoring models
In depth quantitative / data analytical skills, with expertise in analytics/database tools (e.g. SQL, R, Python)
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
Job title
Vice President, Front Line Transaction Monitoring Product Owner
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