Transaction Reporting EMEA Regional Oversight/QA Senior Analyst

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Wells Fargo
  • 27 Aug 18 2018-08-27

Whilst the role resides within Operations, the successful candidate will work independently of the regional BAU transaction reporting teams to provide oversight and quality assurance over regional transaction reporting processes, controls and governance, reporting directly to the accountable executive responsible for transaction reporting in-region, working in collaboration with second and third lines of defence to enhance and maintain governance and control standards across the reporting functions.


Market Job Description

Wells Fargo provides middle market, large corporate and financial institution customers with a range of international solutions, including treasury management, credit, payments, financing, foreign exchange, and trade services. Wells Fargo operates from 42 countries and territories outside of the U.S., including branches in Ireland, Beijing, Cayman Islands, Dubai International Financial Centre (DIFC), Hong Kong, London and Seoul.


About the Department:

A newly created role responsible for oversight of Operations processes for EMEA transaction reporting jurisdictions. The successful candidate would work independently of Operations teams performing Transaction reporting processes, and would provide challenge to and monitoring of the existing control suite, as well as ensuring that operations processes are in line with changing business flows and regulations.


Responsibilities Include (but not limited to):

  • Oversight of Regulatory Reporting work-streams and initiatives.
  • Maintain and enhance regional control and governance framework.
  • Ensure regional control standards are being adhered to by transaction reporting teams.
  • Development and performance of monitoring controls to be applied across the regional reporting teams.
  • Create metrics and provide challenge to process owners on KPI and KRI metrics.
  • Provide regional management information to senior stakeholders on regional transaction reporting metrics, risks and trending.
  • Perform deep dive reviews on data submissions for completeness and data quality.
  • Act as single point of contact for the initiative providing requirements, clarification, details of expectations from key stakeholders, progress updates on all Middle Office activities as required
  • Performing hands-on subject matter expertise, including analysis, process engineering and change management as needed
  • Develop integrated plans to establish, monitor, manage and report status on key milestones and deliverables for changes to business flow and regulatory change.


Market Skills and Certifications

Required Qualifications:

  • Regulatory Reporting Operations/Oversight experience
  • Years of Change management experience
  • Knowledge of financial products and markets, i.e. Equities Derivatives
  • Knowledge of Operational Processes
  • Proficient knowledge of MS Office (Excel, PowerPoint, Word, Visio)
  • Highly motivated with ability to drive results
  • Demonstrate the ability to identify strategic opportunities and make specific recommendations
  • Demonstrate the ability to identify inefficient and/or ineffective processes and provide solution options

Required skills:

  • Understanding of Capital Markets and Regulatory Operations/Middle Office
  • Experience with system migrations impacting a variety of lines of businesses
  • Knowledge of other financial products/markets.
  • Proficient knowledge of MS Office (Visio, Excel, PowerPoint, Word).
  • Strong ability to manage multiple work-streams and related tasks
  • Highly motivated with ability to drive results
  • Ability to provide challenge to process owners on metrics, processes and controls.
  • Demonstrate the ability to identify strategic opportunities and make specific recommendations
  • Expertise in designing process flows, diagrams
  • Ability to establish relationships with all levels within the organization
  • Strong written communication and interpersonal skills
  • Aptitude to handle various tasks and work in an organized manner under pressure and time constraints

Wells Fargo team members 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.  As a Wells Fargo team member, you 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.