Executive Director, FCM Funding and Liquidity Management jobs in United States
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Wells Fargo · 5 days ago

Executive Director, FCM Funding and Liquidity Management

Wells Fargo is seeking an Executive Director for the Clearing business, a critical function within WFS FCM. The candidate will manage intraday liquidity needs and oversee the funding lines required to maintain appropriate margin levels at the clearinghouses for both customer and firm activity.

BankingFinancial ServicesFinTechInsurancePayments

Responsibilities

Lead highly complex initiatives for financial, client and risk management within Securities Product Management
Identify the origination, modeling, portfolio management and all risk management including compliance and operational risk
Lead the strategy and resolution of highly complex initiatives that require an in-depth evaluation
Complete work in accordance with all risk management, compliance and business process expectations
Provide vision, direction and expertise to more experienced leadership on implementing innovative and significant business solutions
Make decisions requiring solid understanding of policies, procedures and compliance requirements
Conduct due diligence and portfolio administration as necessary and provide research on relevant industry trends
Collaborate and consult with peers, colleagues and mid-level to more experienced managers to resolve issues and achieve goals
Lead projects, teams or serve as a peer mentor

Qualification

Securities Product ManagementTreasury functionsRisk Control Self-AssessmentInstitutional client servicesFundingLiquidity managementCustomer protection schemeExecute under pressureDistributed ledger technologyCommunication skillsRelationship building

Required

7+ years of Securities Product Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Preferred

10+ years of experience institutional client financial services businesses
Prior experience working in the Treasury or Finance functions of an FCM
Working knowledge of Risk Control Self-Assessment (“RCSA”) programs
Familiarity and understanding of the CFTC's customer protection scheme for Cleared OTC and Listed Derivatives clients
Including cash placements and investment of customer funds
In depth knowledge of the funding issues associated with the Listed Derivatives and OTC clearing business practices
Demonstrated ability to maintain FCM's funding and liquidity plan
Strong written and oral communication skills
Ability to form strong working relationships with clients, internal partners, Clearinghouses and settlement banks
A sense of urgency with the ability to execute under pressure within tight time frames
Including a working knowledge of distributed ledger technology, including Tokenization and Digital Stable Coins

Benefits

Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement

Company

Wells Fargo

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Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.

Funding

Current Stage
Public Company
Total Funding
unknown
1978-10-06IPO

Leadership Team

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Charlie Scharf
CEO
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Fernando Rivas
CEO of Corporate & Investment Banking
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Company data provided by crunchbase