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

Wells Fargo & Company•Charlotte, NC

1d•Onsite

About The Position

Wells Fargo is seeking a subject matter expert to build and rollout for transaction monitoring controls; including coordination of global rollout, implementation, calibration and testing of Front Office market abuse/manipulation/control tools to detect and prevent market misconduct. This position needs a strong foundation of knowledge in transactional workflows across equities, as well as an expert-level understanding of surveillance regimes associated with the monitoring of trade flows across both listed and OTC Equity instruments.

Requirements

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

Nice To Haves

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)

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.