Executive Director - Head of Credit and Municipals Product Control

Wells Fargo & CompanyCharlotte, NC
$159,000 - $254,000Hybrid

About The Position

About this role: Wells Fargo is seeking an Executive Director – Head of Credit and Municipals Product Control within CIB Finance. This leadership role directs the Product Control function supporting the business, ensuring the accuracy and integrity of profit and loss reporting, balance sheet substantiation, and the overall control environment. The position collaborates with business units, Finance leadership, Risk, Operations, and Technology to deliver business objectives while maintaining compliance with internal governance and external regulatory requirements.

Requirements

  • 6+ years of Finance 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

Nice To Haves

  • 10+ years of experience in Product Control, Markets Finance, or related financial control roles
  • Extensive experience supporting Credit and/or Municipal businesses, including strong understanding of fixed income instruments, valuation approaches, and P&L drivers
  • Proven experience leading teams in complex, regulated financial environments
  • Strong knowledge of P&L reporting, balance sheet controls, valuation governance, and financial controls
  • Ability to effectively partner with senior stakeholders and provide credible challenge
  • Strong leadership, communication, and execution skills
  • Experience interacting with regulators, internal audit, risk, and valuation control groups
  • Exposure to large‑scale finance transformation or operating model change initiatives

Responsibilities

  • Lead the Credit and Municipals Product Control organization, supporting credit trading (investment grade, high yield, structured credit as applicable), municipal securities, financing, and related businesses.
  • Oversee daily, monthly, and quarterly P&L production and reporting, ensuring accuracy, transparency, and timely escalation of issues across Credit and Municipals portfolios.
  • Demonstrate a comprehensive understanding of Credit and Municipal P&L drivers and risk, including spread movements, yield curve dynamics, valuation methodologies, accruals, and funding impacts, enabling effective analysis of market movements and informed risk mitigation.
  • Ensure robust balance sheet substantiation, reconciliations, and financial controls across Credit and Municipal inventories, including positions, reserves, and valuation adjustments.
  • Partner with Credit and Municipals business leadership on new initiatives, product changes, and strategic priorities, providing a strong finance, valuation, and control perspective.
  • Maintain a strong risk and control framework, including adherence to internal policies, governance standards, model controls, price testing, and RCSA requirements.
  • Represent Credit and Municipals Product Control in regulatory exams, internal audits, and senior management governance forums.
  • Lead and develop global Product Control teams, including onshore and offshore resources, with a focus on talent development, accountability, and operational resilience.
  • Drive process improvement, standardization, automation, and data quality initiatives in partnership with Technology and Finance Transformation teams.

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
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