Head of Operations Control/Senior Manager, Asia Operations (Job Req ID 23442)
- Competitive Remuneration
- Hong Kong Hong Kong Hong Kong HK
- Permanent, Full time
- Wells Fargo Bank
- 20 Mar 18 2018-03-20
Reporting to the Head of Planning, Risk and Control, Asia Operations, the incumbent will oversee the regional operations control related activities for the Asia Pacific region that covers 3 lines of businesses - Trade Finance, Correspondent Banking and Securities Operations.
Other than ensuring a robust day to day regional reconciliation function, this role is expected to provide thought leadership in strengthening existing controls and to implement related quality assurance programs. The incumbent will work closely with the International Operations Control teams, governance functions within the first line of defense (Compliance and Operational Risk), second line of defense (various international oversights teams) as well as facing off Internal Audit.
Job Description -
•Managerial role to expand and oversee the regional operations control related activities in all Asia countries and three lines of business (Trade Finance, Correspondent Banking and Securities)
•To provide thought leadership in strengthening operations control in a robust and transparent manner
•To provide regional operations control oversight and lead/manage the related activities
•To oversee the Operations Control and Reconciliation Utility team for the entire region and across Trade Operations, Correspondent Operations and Securities Middle Office Operations
•To lead and manage regional regulatory initiatives and events such as regulatory reporting and ad hoc requests from regulators in co-ordination with Regional Compliance team
•To implement and execute regular Quality Assurance program across Asia Operations which include controls review, testing methodologies validation, production process review etc.
•To institutionalize the operations control framework to ensure proper risk management
•To engage in Operations Risk and Control related strategic initiatives led by Asia and International Group
•To support the Head of Planning, Risk and Control in management of Operations Risk, Compliance and Audit related liaison and initiatives
•University degree holder with at least 10 years of experience in the Financial Services sector, preferably in the capacity of Operations Control and/or Operational Risk
•Proficient and experienced in designing operations control framework and metrics, as well as implementing them effectively
•Experience in leading and engaging in reconciliations functions preferred
•Experience in dealing with regulatory matters in FSI
•Possessed a control mindset and general Operational Risk knowledge
•Self-starter, detail oriented and instrumental in ideas generation and execution
•Strong people management and communications skills
•Ability to manage up, down and across with effective influential skills
Please apply via -
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.