Head of Macro Product Control - FX, Rates and Repo

Wells Fargo & CompanyIrving, TX
$215,000 - $355,000Hybrid

About The Position

Wells Fargo is seeking an Executive Director – Head of Macro Product Control within CIB Finance. This leadership role directs the Product Control function supporting the Macro business, specifically covering FX, Rates, and Repo financing. The position is responsible for ensuring the accuracy and integrity of profit and loss reporting, balance sheet substantiation, and the overall control environment for these products. The role collaborates with Macro business units, Finance leadership, Risk, Operations, and Technology to deliver business objectives while maintaining compliance with internal governance and external regulatory requirements. In this role you will: Lead the Macro Product Control organization, supporting FX, Rates, Repo financing, and related businesses. Oversee daily, monthly, and quarterly P&L production and reporting for Macro products, ensuring accuracy, transparency, and timely escalation of issues. Demonstrate comprehensive understanding of market risk drivers such as interest rate sensitivity, FX exposures, and repo financing dynamics, enabling effective analysis of market movements and informed risk mitigation strategies within Macro Product Control. Ensure robust balance sheet substantiation, reconciliations, and financial controls across Macro portfolios. Partner with Macro business leadership on new initiatives, product changes, and strategic priorities, providing finance and control perspective. Maintain a strong risk and control framework, including adherence to internal policies, governance standards, and RCSA requirements. Represent Macro Product Control in regulatory exams, internal audits, and senior management governance forums. Lead and develop global Product Control teams, including onshore and offshore resources, focusing on talent development, accountability, and operational resilience.

Requirements

  • 8+ years of Finance experience or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ 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 Macro business, specifically FX, Rates and Repo
  • Proven experience leading teams and complex operating environments within a regulated financial institution
  • Strong knowledge of P&L reporting, balance sheet controls, and financial governance
  • Ability to effectively partner with senior stakeholders and provide credible challenge
  • Strong leadership, communication, and execution skills
  • Experience interacting with regulators, internal audit, and risk management functions
  • Exposure to large-scale finance transformation or operating model change initiatives

Responsibilities

  • Lead the Macro Product Control organization, supporting FX, Rates, Repo financing, and related businesses.
  • Oversee daily, monthly, and quarterly P&L production and reporting for Macro products, ensuring accuracy, transparency, and timely escalation of issues.
  • Demonstrate comprehensive understanding of market risk drivers such as interest rate sensitivity, FX exposures, and repo financing dynamics, enabling effective analysis of market movements and informed risk mitigation strategies within Macro Product Control.
  • Ensure robust balance sheet substantiation, reconciliations, and financial controls across Macro portfolios.
  • Partner with Macro business leadership on new initiatives, product changes, and strategic priorities, providing finance and control perspective.
  • Maintain a strong risk and control framework, including adherence to internal policies, governance standards, and RCSA requirements.
  • Represent Macro Product Control in regulatory exams, internal audits, and senior management governance forums.
  • Lead and develop global Product Control teams, including onshore and offshore resources, focusing on talent development, accountability, and operational resilience.

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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