About this Role:

This role supports the EMEA Wells Fargo Securities (WFS) business, reporting to the Head of EMEA Regulatory Operations. This role’s primary purpose is to support the design and production, as well as ensuring control and ongoing monitoring, of regulatory obligations impacting the WFS business in EMEA. The Regulatory Operations Team will be responsible for ongoing management of all regulatory obligations, starting with MiFID II, and expanding to other obligations once established (e.g. SFTR, EMIR) The role also includes working with Front Office, Technology, Middle Offices and Operations Teams globally around any projects and process improvements.

In this Role, you will:

• Assist with the design and production of robust daily, weekly monthly reporting to ensure compliance with the core regulatory requirements
• Assist with monitoring of established regulatory controls and any applicable reporting threshold changes
• Review, analysis and impact assessment across applicable EMEA regulations to ensure completeness
• Documentation and capture of all regulatory processes and controls within RACT
• Visibility of front-to-back regulatory processes & reporting mechanisms in order to provide effective challenge and review
• Continuously reviewing the control environment for gaps or issues
• Assist with the Quarterly review and preparation of the group’s procedures and any related sign off checklists
• Keep up to date with Regulatory developments
• Collaborating globally to ensure alignment of procedures and processes

Required Qualifications:

• Experience in Institutional Investment Operations or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Experience with EMEA regulatory requirements and reporting rules (MiFID II experience desirable)
• An understanding of the current regulatory environment (EMIR, MIFID, SFTR etc) and how that impacts the business/operations
• Work experience in the financial sector, ideally in a regulatory focused role
• Highly developed analytical skills
• Strong resilience, with the ability to pursue items or required change
• Strong attention to detail and embraces a ‘Right First Time’ mentality
• Able to communicate in a clear and concise manner and share information/new ideas with other team members
• Proficient with Microsoft Excel and other Microsoft Office products

Posting End Date:

12 Aug 2024
*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.