Markets Trading & Structuring COO , APAC

Wells Fargo (Hong Kong, Hong Kong) 1 day ago

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description

Trading & Structuring Chief Operating Officer – Markets APAC

The Role
The Trading & Structuring Chief Operating Officer ('COO') role reports directly into the Markets APAC COO, covering the related activities in the Macro (Rates, FX and Cross Asset Solutions) and Spread (IG Credit and Agency RMBS) businesses in the region. This role also entails broader legal entity responsibilities for the presences in Hong Kong and Singapore. The success of this role centers around being entrepreneurial and independently establishing close partnerships with all desks and logistics & control functions, both locally and abroad. This role is at Director level.

Key Responsibilities

Driving the Regional Strategy

  • Drive the strategic planning process for trading and structuring – collate feedback, synthesize messages and build plans
  • Track business performance, developing appropriate risk and performance reporting based on stakeholder feedback


Providing Regional Project Oversight and Expertise

  • Oversee all APAC trading and structuring related projects
  • Drive and own all related business requirements analyses
  • Drive business, simplification and regulatory change programs
  • Create, maintain and communicate project plans to regional and global stakeholders
  • Drive and manage New Products processes
  • Feed into business system / process change priority logs
  • Participate in resource prioritization discussions, proactively representing the region / product
  • Identify efficiencies across the Front-To-Back ('FTB') and work with the relevant stakeholders to achieve them


Providing Front-To-Back Oversight

  • Own and drive to closure the resolution of production issues in the FTB 
  • Be an active member of regional / local committees / forums
  • Scrutinize direct and attributed costs, driving cost cuts where possible
  • Review Travel, Client and Gift expenses, ensuring alignment with Global and Regional Policies
  • Assist in the development and implementation of regional policies and procedures
  • Establish and maintain communication channels between the business and the logistics & control functions
  • Understand, champion and foster a robust compliance environment
  • Monitor and enforce process best practice within the Front Office
  • Help produce and maintain business process and control mappings
  • Provide product and process subject matter expertise in risk and control assessments 


Running Business Administration Processes

  • Serve as a proxy for the Markets APAC COO as and when required
  • Maintain Business Continuity Plans and serve as the business BCP coordinator for Hong Kong and Singapore
  • Oversee and maintain floor plans and coordinate changes when necessary
  • Own select approval processes (i.e. floor, system and Market Data access)
  • Produce presentations and oversee / run the production of regular business updates
  • Own and produce Management Information as and when required


Exhibiting and Promoting Key Behaviours

  • Provide credible challenge where required
  • Put integrity first
  • Collaborate with all stakeholders

Market Skills and Certifications

Requirements

  • University degree with a post graduate degree or other professional designation being advantageous
  • 10+ years of working within or directly for a Markets business
  • Intimate knowledge of FICC products and their execution channels
  • Experience in trading, sales and structuring FTB processes and controls with exposure to APAC regulatory regimes
  • Experience in running multiple concurrent projects and playing various roles within projects (data analyst, BA, PM etc.) 
  • Proficient multi-tasker with experience in managing multiple concurrent day-to-day activities and project deliverables
  • Detail orientated, proactive problem solver with strong numerical, verbal and analytical skills
  • Strong interpersonal and presentation skills
  • Proficient in Microsoft Excel (VBA a plus) and PowerPoint 
  • Mandarin / Japanese language skills a plus, but not required

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

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. 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.

Markets Trading & Structuring COO , APAC

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