Corporate Banking Financial Institutions Sr. Lead Business Manager (COO)

Wells Fargo Bank•New York, NY

1d•$185,000 - $300,000

About The Position

Corporate & Investment Banking (CIB) delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe. This position will serve as the Global CIB Senior Business Manager (COO) for the Corporate Banking Financial Institutions business within CIB Banking Coverage. CIB Banking’s industry-aligned model covers Banks, Consumer & Retail, Healthcare, Energy & Power, Financial Institutions, Industrials, Technology, Media, and Telecommunications. This role will play a critical role in the development of the overall Corporate Banking Financial Institutions coverage management strategy, lending activities, human capital management, running the day-to-day operations of the business, and business transformation – in coordination with partners across CIB and Wells Fargo. The Senior Business Manager will work directly with business leaders and support partners across the organization and will serve as a trusted advisor and extension of the Co-Heads of the Corporate Banking Financial Institutions business. The COO will manage all internal functions and initiatives supporting the business, including Technology, Compliance, Legal, Corporate Real Estate, Business Continuity, HR, Recruiting, Marketing, and Communications. This includes efforts related to financial and management reporting, client planning, hiring, and operational oversight. In supporting a global business, this role will have dual accountability and reporting to the Corporate Banking Coverage Senior Business Manager and International Banking & Capital Markets Senior Business Manager.

Requirements

7+ years of corporate & investment banking business management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

In-depth understanding of investment banking and corporate banking products including Global Treasury Management, Trade Finance, loan underwriting and portfolio management, Capital Markets, M&A, and other Corporate Banking products
Experience in problem analysis, solution implementation, and successful change management for large scale changes
Ability to manage large-scale initiatives including stakeholders across business and technical teams
Ability to research and report on a variety of issues using problem solving skills
Excellent verbal, written, and interpersonal communication skills
Ability to motivate a team and lead strategic initiatives, collaborating across a large organization and multi-tasking as required
For U.S.-based employees, FINRA registration including Series 24, 79 and 63 (or FINRA recognized equivalents)
Ability to travel up to 20% of the time

Responsibilities

Partners with Group Heads, banking leaders, and portfolio management to set strategic direction for business and ensure consistent communication to banking teams
Partners with support leaders (HR, Compliance, Finance) to enable consistent execution and implementation of Group Heads’ priorities in line with WF / CIB policies and procedures
Engage team on planning and oversight of client pipeline management and budgeting, headcount and resource planning, and any other relevant strategic initiatives across groups
Execute against risk & control priorities, including close partnership with Business Control Executives
Manages direct expenses, industry specific vendor relationships and market data for their groups
Drive business priorities including account planning, quarterly portfolio reviews and capital optimization efforts, as well as product partner alignment with traditional banking and investment banking products leaders
Coordinate efforts around client meeting and industry events
Drive the continued, successful integration of the industry teams through communication, collaboration and leadership
Oversee all day-to-day operations to maintain operational oversight of group activities within industry vertical
Partner with Compliance, Legal and Risk partners on risk reviews and audits to ensure the businesses remain compliant with regulatory and internal standards as well as ensure appropriate remediation of critical issues
Work with Finance to track and regularly report on financial performance and projections.