Emea Chief Operating Office - London, United Kingdom - WELLS FARGO BANK

WELLS FARGO BANK

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The International COO Office has responsibility for supporting the business in the facilitation of key governance and control activities across multiple Wells Fargo legal entities in the region.

The EMEA COO SMCR Conduct Lead will be part of a team that is focused on managing the execution of front-line business controls and programs that address non-financial risk across the Wells Fargo International region.

The role is to execute the day to day management of the Senior Managers and Certification Regime and accountability regimes across Wells Fargo International.

Ensuring that Wells Fargo complies with its regulatory obligations and commitments under these regimes.

In addition to fulfilling the requirements under these regimes, the role holder will be responsible for the implementation of the Target Operating Model for CBI SEAR regulation.

Key responsibilities

Leading Wells Fargo's fitness and propriety assessments, including new joiners and annual reassessment, of all individuals in scope of the SMCR. Including ensuring documentation is provided in a timely manner
Lead and manage the implementation of the target operating model for SEAR.
Manage compliance with International Senior Manager and Accountability regimes.
Experience in establishing a wholesale market conduct risk framework for EMEA
Ensure that background screening is initiated when required and certificates are issued as part of the F&P processes
Work with Senior Managers to ensure that all relevant SMCR requirements are met and that all documentation remains up to date, including annual recertifications
Provide assurance that Statements of Responsibilities, Prescribed Responsibilities and Management Responsibilities Maps are current and complete, in conjunction with relevant parties, including the SEAR equivalent
Own the SMF registers and review to confirm there are no gaps in the SMF population.
Facilitate the Senior Manager Handover process when required.
Liaise and submit all relevant documents required to the FCA, including updating the register when necessary.
Manage and maintain the Material Risk Taker and Certified Persons population.
Manage a Sharepoint site with resources for people to access; including the SMCR diary.
Ensure that documents are stored in accordance with record retention requirements and in a secure drive.
Produce management information in relation to SMCR and International regimes.
Review Policy and Procedures and propose enhancements if required, continuously improving Wells Fargo's Senior Managers and accountability regimes.
Work with Compliance to deliver relevant training annually
Lead monthly meetings with all relevant stakeholders to ensure all information is up to date, including any potential role changes that could impact the SM/CP population.
Keep up to date with regulatory developments to ensure compliance with all relevant Senior Manager and accountability regimes and applicable practices.

Skills and requirements

Proven SMCR experience gained within front or second Line
Extensive Financial Services experience
Degree level education preferred
Highly organised with demonstrable project management skills
Unquestionable ethics. High level of discretion on sensitive and confidential matters.
Strong communication skills, both verbal and written
Excellent written and verbal presentation skills, including Word, Outlook, Excel and Powerpoint proficient.
Proven experience of engaging with first, second and third line oversight functions
Proven ability to influence outcomes when engaging with senior stakeholders
Excellent analysis and planning capability

We Value Diversity

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company.

They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions.

There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.