23 Sep
|
Wells Fargo
|
Bengaluru
23 Sep
Wells Fargo
Bengaluru
Job Summary
Wells Fargo is seeking for a Business Execution Senior Manager - Model Oversight Senior Manager - Executive Director level role within the Corporate Investment Banking organization (CIB). The successful candidate will lead a model governance team and provide direction on all aspects of model policy and governance across all asset classes. The candidate will be responsible to coordinate timely completion of model maintenance requirements between model owners, developers, and other relevant stakeholders, and represent Front Office in interactions with second line functions such as model risk management, model audit, etc..
Responsibilities
- Manage and develop a team of Business Execution Consultants while ensuring successful planning, integration, impasse resolution, and measurement of operations with moderate to high complexity and visibility
- Engage functional leaders to obtain resources, influence outcomes, address conflict, and ensure alignment with Wells Fargo's policies and business line objectives
- Identify potential risks when implementing change along with developing mitigation strategies and plans
- Recommend opportunities for Business Execution process improvement
- Determine appropriate strategies and actions of multiple business groups to meet moderate to high complex deliverables
- Interpret procedures and processes, and provide leadership to strategize and execute a variety of programs, services, and initiatives that are significant in scope, complexity, and risk
- Collaborate with and influence functional business partners, leaders, and executive management to provide support and drive strategic initiatives for the business
- Manage allocation of people and financial resources for Business Execution
- Develop and guide a culture of talent development to meet business objectives and strategy
Required Qualifications
- 7+ years 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
- 3+ years Management or leadership experience
Desired Qualifications
- 5+ years of experience in model governance of front office pricing models across multiple asset classes
- 5+ years of experience in model validation of front office and risk models
- 5+ years of model development experience for front office or Risk applications.
- Excellent understanding of quantitative modeling in several asset classes.
- Solid experience with risk modeling: VaR, PFE, backtesting, Capital calculations.
- 4+ years of management experience at the relevant level with direct reports responsible for annual reviews, employee production, staffing and recruitment
- Excellent verbal, written, and interpersonal communication skills with the ability to effectively communicate complex technical concepts to both technical and non-technical audiences
- Ability to effectively interact with senior Front Office quants and Traders
- Demonstrated ability to recruit, lead, mentor, and manage a team of quantitative analysts.
- Ability to drive change in large organizations.
- Ensure proper and timely maintenance of Front Office models including pricing models, market data model, AI (LLM and Agentic) models, and risk models.
- Review the model governance framework and identify improvements to achieve a more productive model approval process.
- Collaborate with relevant stakeholders to obtain agreement on model governance improvements and oversee their implementation
- Communicate with model owners, model developers, and other stakeholders regarding model policy changes and requirements
- Represent Front Office in model governance-related discussions with second line functions such as MRM and audit.
- Collaborate with asset class quant and Technology teams to ensure adequate testing of model code
- Review internal policy and procedures around data management in connection with model governance
📌 Model Oversight Senior Manager - Executive Director (Bengaluru)
🏢 Wells Fargo
📍 Bengaluru