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Wells Fargo · 5 hours ago

Vice President, Front Line Transaction Monitoring Product Owner (Equities)

Charlotte, NC

Full-time

Hybrid

Mid, Senior Level

$159K/yr - $305K/yr

5+ years exp

Wells Fargo is a leading financial services company providing a comprehensive suite of banking and advisory solutions. They are seeking a Vice President to manage the global delivery of transaction monitoring controls, focusing on surveillance frameworks for equity products and ensuring compliance with market integrity standards.

BankingFinancial ServicesFinTechInsurancePayments

Responsibilities

Manage global delivery of strategic FLOD surveillance / monitoring platform / tools

Establish a robust surveillance framework for Equity 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 Equity trading workflows (order driven, RFQ driven, algo trading, 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

Qualification

Securities Product ManagementTrade Surveillance SystemsModel CalibrationQuantitative AnalysisSQLPythonRisk ManagementBusiness ControlsAlgo TradingCommunication SkillsLeadership SkillsTeam Collaboration

Required

5+ years of Securities Product Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Preferred

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)