Director, Strategy & Governance, Banking & Capital Markets

Wells Fargo
Singapore, Singapore
05 May 2022
04 Jun 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Director, Business Execution Senior Manager, Strategy & Governance

Banking & Capital Markets APAC

Hong Kong or Singapore

Job Description

Wells Fargo Corporate & Investment Banking (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

Banking and Capital Markets (BCM) is the largest business group within CIB APAC, comprising of Coverage (Financial Institutions (FIG), Corporate Banking (CBG), Global Institutional Client Group (GICG)), Products (Debt Capital Markets (DCM), Global Payments Services (GPS), Mergers & Acquisitions (M&A)), and Portfolio Management & Loan Syndications (PMLS).

The Role
The Director, Business Execution Senior Manager, Strategy & Governance ('Role') reports directly into the APAC Banking & Capital Markets COO, playing a key role in driving and executing BCM strategy and governance covering the related activities in Banking & Capital Markets business in the region. The role will also deputize for the BCM COO during absences and undertake delegated roles as required, from time to time.

The success of this role centers around being entrepreneurial and independently establishing close partnerships with stakeholders, including business, product partners, risk and control functions, both in region, internationally, and in the US.

Key Responsibilities

APAC BCM Strategy
  • This role specifically supports the BCM business in working with BCM leadership, as well as APAC, International and Global strategy to support development and execution of strategy and initiatives supporting the BCM business,
  • Play a key role in supporting the strategy planning, development, and execution for the BCM business, alongside business heads to effectively align the short-term and long-term business objectives with the broader APAC and International strategy.
  • Work with APAC BCM Head and COO to support development of current and new business lines, products, and specific initiatives
  • This includes developing business cases, financial forecasts, and associated risk analyses for these, working closely with APAC BCM COO, leadership team and APAC Strategy head, as well as appropriate regional, international and enterprise functions and teams
  • Drive and deliver analyses, documenting and articulating problem statements, scope, business requirements, dependencies etc. to a very high standard
  • Support rollout of new strategic initiatives across APAC, as required by the BCM COO and Head of business, or self-identified, working with relevant stakeholders, including BCM Change lead.
  • Work closely with the BCM and regional leadership team on the execution of key / cross business line initiatives
  • Drive efficiency in the business by identifying areas for consolidation, simplification, optimization.
  • Governance and business controls
  • Supporting the BCM COO in oversight of the business to ensure appropriate business governance, controls and risk management.
  • Implement ongoing management disciplines to support effective running of the APAC BCM business, working closely with regional and international stakeholders to develop and align governance structures, performance disciplines, staying connected to ensure alignment across the BCM business internationally
  • Serve as primary BCM contact with the Regional Governance team, partnering on ongoing governance matters, legal entity related activities, regional governance forums, resource planning, etc.
  • Drive business reviews at a regional, international and global level, collaborating with business leaders, finance and other stakeholders to ensure APAC BCM business performance is appropriately and accurately highlighted
  • Work with the Business Controls team to design, implement, find ways to operationalize controls as well as writing / input into procedures development
  • Coordinate responses to audit, testing and validation and other risk and control reviews, working with internal stakeholders as well as support functions as appropriate
  • Lead activities for Representative Office governance, including ensuring adherence to Code of Permissible activities, working with Business Controls to deliver periodic training, providing guidance on CPA queries as required
  • Requirements
  • University degree with a post graduate degree or other professional designation
  • 10+ years of working within the financial services industry or consulting firms with financial services experience, demonstrating hands on knowledge and experience of Corporate, Investment Banking & Capital Markets businesses and products
  • Experience in developing and executing business strategy at an international scale
  • Business knowledge as well as exposure to APAC regulatory regimes
  • Ability to develop partnerships and collaborate with other business and functional areas, locally and internationally
  • Proficient multi-tasker with experience in running multiple concurrent projects, especially strategy development and execution
  • Detail orientated, proactive problem solver with strong numerical, verbal and analytical skills, with ability to gather and analyze data from multiple sources
  • Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
  • Excellent verbal, written, and interpersonal communication skills
  • Broad conceptual thinking and work-planning skills
  • Intellectual curiosity and desire to learn potentially new subject matter
  • Proficient in Microsoft Excel (VBA, a plus) and PowerPoint
  • Mandarin language skills a plus, but not required
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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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