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Executive Director, FCM Product Manager

Wells Fargo & Company•New York, NY
•$215,000 - $355,000•Onsite

About The Position

Wells Fargo is seeking a Senior Lead Securities Product Manager to join the product management team and deliver new products and solutions for the Futures Clearing Merchant (FCM) business, including cleared OTC, Futures, and Options on Futures. FCM is a strategic investment area, with a multi-year commitment to expanding solutions and client offerings for Hedge Funds, Asset Managers, Market Makers, and other Investment Managers. Coverage includes trade execution and clearing, client solutions, risk controls, margin, client billing, and the GMI system of record. The role calls for a dynamic individual contributor who can influence outcomes and collaborate with business, technology, operations, finance, and other support functions. The position is based at 500 West 33rd St., New York, New York. The employee must be willing to work onsite under current office requirements, travel as needed, and work additional hours as needed. The role is subject to FINRA background screening and ongoing regulatory obligations, as well as applicable policies concerning outside activities and personal investing.

Requirements

  • At least 7 years of Securities Product Management experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
  • Willingness to work onsite in accordance with current office requirements.
  • Ability to travel as needed.
  • Ability to work additional hours as needed.
  • Successful completion of a background check; individuals subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer.
  • Compliance with ongoing regulatory obligations and any applicable policies regarding outside activities or personal investing.

Nice To Haves

  • Experience in Futures Clearing in Product Management, Technology Lead, Client Coverage, and/or Operations.
  • Product or project management experience organizing multi-stakeholder prioritization and planning, documenting scope, and articulating requirements, including use cases and prototype solutions.
  • Hands-on experience with Microsoft Office products and technical capability for prototyping and data analysis.
  • Hands-on experience using AI tools for project management and requirements development.
  • Experience delivering products across financing lifecycle, risk and margining, client solutions, and/or Futures trade execution and clearing.
  • Experience with Agile practices and frameworks such as Kanban and Scrum, and workflow and collaboration tools such as Confluence, Jira, and Jira Align.
  • Ability to quickly understand the current platform and align with the future product roadmap.
  • Experience delivering key product initiatives and building partnerships with technology, operations, finance, credit, market risk, legal, compliance, and back-office teams.
  • Experience driving solutions that benefit business revenue, the control environment, and/or efficiency.

Responsibilities

  • Execute complex initiatives and financial, client, and risk management outcomes for Securities Product Management, independently leading medium- to large-scale efforts.
  • Identify origination, modeling, portfolio management, and risk management needs, including compliance and operational risk.
  • Review and analyze moderately complex business and operational objectives requiring in-depth evaluation.
  • Complete work in accordance with risk management, compliance, and business process expectations.
  • Independently resolve moderately complex issues and lead the team, applying knowledge of policies, procedures, and compliance requirements.
  • Conduct due diligence and portfolio administration as needed, and research relevant industry trends.
  • Collaborate and consult with peers, colleagues, and mid-level to more experienced managers to resolve issues and achieve goals.
  • Participate in daily product-area scrums and biweekly planning calls with technology teams to drive prioritized deliverables.
  • Draft product scope and business requirements documents.
  • Coordinate and participate in user acceptance testing across stakeholders and business-aligned teams.
  • Travel as needed and work additional hours as needed.
  • Meet applicable FINRA background-screening and ongoing regulatory obligations, and comply with applicable personal-account dealing policies.

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
  • Employees may be eligible for incentive opportunities.

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