Job Information
Wells Fargo Balance Sheet & IRR Treasury Senior Manager in CHARLOTTE, North Carolina
About this role:
Wells Fargo is seeking a Treasury Senior Manager to act as the COO for BSIRRM, owning the Risk Management and Governance support function as well as executing cross-BSIRRM team initiatives and strategic deliverables for BSIRRM head, including HR initiatives. This role will manage a team of analysts with responsibility to own oversight engagements with 1st, 2nd and 3rd line of defense teams, own issue management lifecycle (identification, planning, resolution, tracking and closure), operational risk management through RCSA, and ownership of internal controls framework for BSIRRM.
Treasury at Wells Fargo is a dynamic team that is responsible for managing Wells Fargo's balance sheet including capital, liquidity, funding, and interest rate risk management. Treasury seeks to ensure Wells Fargo always maintains sufficient capital and liquidity resources to support growth in the Company's businesses, while also ensuring a satisfactory financial cushion exists to protect against unforeseen stresses in the economic environment or the Company's operations. Treasury also provides regulators, senior leaders, and the Board of Directors with key information to support risk management, financial performance management, and strategic planning.
The Balance Sheet & Interest Rate Risk (BSIRRM) Group performs quantitative analysis of the balance sheet behavior and has primary responsibility to measure interest rate risk (IRR) and design corresponding risk mitigation strategies, as well as completing and reporting on consolidated balance sheet and net interest income (NII) forecasts. Team members oversee Forecasting and IRR simulation models, provide management with insight concerning changes in balance sheet trends and IRR profile, and contribute to the generation of risk management strategies.
In this role, you will:
Lead and manage a team responsible for risk management and governance support in Balance Sheet management (ALM)
Drive a streamlined, scalable, and aligned operational risk framework that supports strategic priorities
Lead implementation of complex projects and initiatives
Support high-impact strategic projects and initiatives, ensuring timely delivery of results that align with BSIRRM’s business objectives
Translate strategic priorities into actionable plans and initiatives, ensuring alignment across BSIRRM function
Monitor and report on progress, risks, and issues, providing regular updates to senior leadership and other stakeholders
Strengthen and deepen model of collaboration and partnership with second line of defense and third line of defense teams within Wells Fargo
Ensure compliance with all relevant regulatory requirements and industry standards
Conduct regular assessments of processes and internal controls, identifying areas for improvement and implementing necessary changes
Ensure deliverables are completed and compliant with various treasury risk management regulatory requirements
Collaborate with BSIRRM leader and management team to define and execute critical and strategic initiatives.
Track progress against key objectives and ensure alignment across department
Interface with external agencies, regulatory bodies, or industry forums
Participate in industry and peer groups to influence the standard setting process
Manage allocation of people and financial resources for Treasury
Develop and guide a culture of talent development to meet business objectives and strategy
Cultivate relationships with team members at all levels of the department, ensuring blind spots are identified and surfaced to the management team
Operate at a tactical, strategic, and operational level, overseeing projects that do not neatly fit within the organizational chart or that fall between departments or leadership areas of responsibility
Handle sensitive information with the utmost discretion and maintain high confidentiality
Required Qualifications:
6+ years of Treasury experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
3+ years of management or leadership experience
Desired Qualifications:
Experience with regulatory requirements surrounding the management of model risk, interest rate risk, liquidity, and capital
Experience assessing the adequacy of policies, procedures, and processes (includes compliance and operational controls within a large complex organization)
Knowledge of financial institution balance sheet, product offerings, and financial risk management
Proven track record of leading complex projects and driving organizational change
Excellent leadership, communication, and interpersonal skills. Leadership presence is a plus.
Ability to work effectively with cross-functional teams and manage multiple priorities
Strong analytical and problem-solving skill
Specific compliance policies may apply regarding outside activities and/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.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$144,400.00 - $300,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
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
Posting End Date:
20 Mar 2025
* Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-442960