Vice President, Front Line Transaction Monitoring Product Owner – Equities

Role Overview

• Manage global delivery of strategic FLOD surveillance / monitoring platform / tools.
• Establish a robust surveillance framework for Equity products through implementation of a trade surveillance platform, system controls and escalation framework
• Review of market making and Automated Client execution activity, to assess monitoring requirements
• Manage relationship with front office, Implementation team and technology team/data deliverables for Transaction monitoring
• Provide Market Integrity training to BAU monitoring teams and business Supervisors (e.g. Sales and Trading Desk heads)
• Establish and build robust Quality Assurance framework for front line monitoring activities
• In-Depth / Pattern Analysis of specific high-risk alerts across a variety of Equity trading workflows (order driven, RFQ driven, algo trading, etc.)
• Calibration / Back testing of Surveillance models and scenarios
• Define requirements and Design next generation surveillance models that can be used by first line
• Creation of Procedures and System Controls to ensure sustainable controls are documented in line with Wells Fargo’s risk Management Framework
• Manage Model Calibration process to reduce false positives and calibration process documentation/evidence
• Engage with peer SMEs and internal resources at all levels and across multiple lines of business/support functions and serve as an experienced advisor to leadership
• Provide vision, direction, and expertise to leadership for implementing innovative and significant business solutions that are large scale, global and cross organizational.

Requirements

• 5+ years of Securities Product Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Experience in risk management, business controls, or compliance, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Extensive knowledge 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
• Significant experience in trade surveillance monitoring systems/model development, design and calibration including in depth understanding of Model design and calibration processes
• Experience with TradingHub, FIS, TCM, and Actimize
• Experience of working on trading floor in trading, business manager or e-Trading analyst capacity.
• Combination of Strong Sense of Business Orientation, Technology and trading system Platform control management capabilities
• Significant experience of delivering Trading platforms/controls for large investment banks.
• In depth experience in Regulatory Change including, but not limited to, Trade Surveillance & Business controls for MAR and MiFID
• Significant experience in FLOD IT Project / Product Management of large-scale global projects
• Experience in Algo trading or equivalent experience building Algo transaction monitoring models
• In depth quantitative / data analytical skills, with expertise in analytics/database tools (e.g. SQL, R, Python)

Tech Stack

• Python
• SQL

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