About this role:

Wells Fargo Bank International (WFBI), an indirect subsidiary of Wells Fargo & Company. Based in the International Financial Services Centre in Dublin, Ireland, Wells Fargo Bank International is an Irish registered and Irish­ regulated bank benefiting from a freedom of services passport allowing it to provide support and services to its clients in all EU and EEA countries.

 

The primary responsibilities of this role are to identify, develop, implement and monitor treasury Risk management practices for the Bank and ensure that they meet the requirements for WFBI and meet the standards for all applicable regulatory guidelines.

 

The Head of Treasury Risk is a material risk taker for WFBI holding membership on both the WFBI Credit Committee and the WFBI ALCO.

 

Inherent responsibilities include the effective second line oversight and governance on behalf of the WFBI CRO of all material financial risks with the exception of credit risk; including market risk, liquidity risk, capital adequacy risk, IRRBB and counterparty risk.

In this role, you will:

Provide accurate and timely input into the annual ICAAP/ILAAP/Recovery planning processes and articulate succinctly, the associated material risks, the mitigation of those risks, the capital allocation and impact of certain stress scenarios; Provide input to Risk Reviews (both internally and externally driven) and Project Work. Provide timely responses to all queries and maintain oversight for the timely implementation of any corrective actions raised in their reviews/reports.Serve as a member of both the WFBI Credit Committee to ensure this committee fulfills its primary responsibilities to ensure the effective administration and awarding of credit as guided by the WFBI Board’s strategy and risk appetite and within the policies, procedures and practices defined in the Credit Committee Terms of Reference and WFBI’s credit risk policies and procedures;  Serve as a voting member on the Asset & Liability Committee ( ALCO), and other committees as required;Report to Risk Committee to ensure Treasury Risks are managed within Risk Appetite and relevant treasury risk policies;Lead and develop the Bank's Treasury Risk team by attracting and retaining talent and by ensuring that treasury risk officers are appropriately skilled in new products which arise from the expanded WFBI business model;Provide wider treasury risk subject matter expertise for change programs and ad­hoc related projects;Develop strong working relationships and effectively communicate with senior management, LoB team members and International Risk in order to foster a collaborative approach to managing risk and mitigate any potential issues;Work with the WFBI CRO and relevant international colleagues to ensure alignment on critical activities. Processes should be streamlined and whenever possible synchronized with similar processes that are undertaken by the lines of business and other parts of EMEA;Provide accurate and timely input into the annual ICAAP , ICAAP, Recovery Plan, Wind Down Plan and Captial Contingency Planning process and articulate succinctly the second line review and challgenges of these processes. Provide input to Risk Reviews (both internally and externally driven) and Project Work. Provide timely responses to all queries and maintain oversight for the timely implementation of any corrective actions raised in their reviews/reports.

Required Qualifications:

Experience in Capital Markets, trading or interest rate risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationLeadership experienceExcellent track record of senior leadership within financial services sector including a thorough knowledge of the regulatory environment;Deep and extensive treasury risk experience essential, with knowledge of Markets and Capital Markets an advantage;  Proven experience of leading high performing teams of treasury risk experts; Ability to successfully effect change and assist with driving the growth of company;Excellent senior stakeholder management skills;Strong ability to motivate and lead a team of analysts to drive effective risk management, controlled business growth and complete objectives effectively;High-level ability to analyse and interpret data and create comprehensible insight for teams and stakeholders;Strong communication skills with the ability to present to a non­technical audience;Degree educated in Business, Accounting, Mathematics, or related field required;Highly organized with well-honed time- management skills and ability to prioritize;Skilled with Excel, Word and PowerPoint.

Job Expectations:

In addition to the responsibilities summarized in your job description, you are also required to comply at all times with CBI Conduct Standards:

Central Bank of Ireland Regulatory Requirements

This role is designated as a Controlled Function 2 (CF-2) role under Part 3 of the Central Bank Reform Act 2010 (sections 20 and 22) and as such is subject to certain regulatory requirements.

Individuals who perform a CF role must have a level of fitness and probity appropriate to the performance of that particular function and must comply with WFBI’s Fitness and Probity policy. WFBI are required to carry out prescribed due diligence to assess your fitness and probity, and to satisfy itself on reasonable grounds that you comply with the standards of fitness and probity prescribed by the Central Bank of Ireland pursuant to any code issued under section 50 of the Central Bank Reform Act.

As a role carrying a CF-2 designation, the role holder will also be subject to the Common Conduct Standards under the Central Bank of Ireland’s Individual Accountability Framework and will be required to take reasonable steps to ensure the Conduct Standards are met.

The role holder will be required to possess and maintain the appropriate technical knowledge required to perform the role and to understand the regulatory obligations to which they are subject as a CF-2, to include, without limitation, the Conduct Standards and the Fitness and Probity Standards.

An individual who performs a CF-2 role ensures, controls or monitors compliance by WFBI with our relevant obligations.

Posting End Date: 

13 Feb 2025

*Job posting may come down early due to volume of applicants.

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, status as a protected veteran, or any other legally protected characteristic.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.