At a Glance
- Tasks: Lead the analysis of regulations impacting our Corporate and Investment Banking division.
- Company: Join Wells Fargo, a leading financial services company committed to customer relationships and compliance.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Other info: Equal opportunity employer; applications from diverse backgrounds encouraged.
- Why this job: Be at the forefront of regulatory change, influencing key business decisions and strategies.
- Qualifications: Experience in business execution or strategic planning; strong communication skills required.
The predicted salary is between 43200 - 72000 £ per year.
About this role: Wells Fargo’s Corporate and Investment Banking (CIB) division is seeking a Coverage Lead located in the UK to focus on the review and analysis of new or changing regulations and their impacts to CIB or regional businesses, including Capital Markets, Sales and Trading businesses related to interest rates, credit, foreign exchange, equity, futures, commodity, financing and exchange-traded transactions, Commercial Real Estate (CRE), Investment Banking businesses. The successful candidate will perform this function in connection with regulations originating in Europe, Middle East, and Africa (EMEA) and other regions as needed.
In this role, you will:
- Review, analyze, summarize, and document proposed and final regulations to help determine applicability and impact to CIB or regional businesses or functions and what steps may be necessary to ensure conformance with those regulations.
- Coordinate large working groups and drive internal dialogue, consult key stakeholders, and document relevant deliverables for new or changing regulations impacting all lines of businesses through applicability review, impact analysis and gap assessment conversations with CIB compliance, legal, control, business subject matter experts and impacted process owners.
- Present at senior management forums to facilitate the socialization, prioritization, and resource alignment to support implementation of new/modified regulations.
- Create PowerPoint presentations and utilize Excel spreadsheets and workflow tools for capturing impact analysis, gap assessments and implementation plans.
- Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate.
- Make decisions in highly complex and multifaceted situations requiring solid understanding of business group's functional area or products and facilitate decision making conversations.
- Execute and support pre-implementation activities.
- Collaborate and consult with members of the Business Execution team and team leaders to drive strategic initiatives.
- Influence, guide and lead less experienced Strategy and Execution staff within the group.
Required Qualifications:
- Experience in Business Execution, Implementation, or Strategic Planning, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Experience interpreting and applying regulatory compliance requirements.
- Knowledge and understanding of complex regulatory/compliance issues and potential solutions.
- Experience with Commercial Banking and CIB Investment Banking, CRE, and/or Markets Business lines.
- Excellent verbal, written, and interpersonal communication skills.
- Ability to articulate issues, risks, and proposed solutions to various levels of staff and management.
- Facilitation experience leading meetings and group discussions.
- Intermediate Microsoft Office Skills (PowerPoint, Excel, Word, Outlook).
EMEA Regulatory Change Management Coverage Lead in London employer: Wells Fargo & Company
Wells Fargo is an exceptional employer, offering a dynamic work environment in the heart of the UK for professionals in the Corporate and Investment Banking sector. With a strong emphasis on employee growth, we provide comprehensive training and development opportunities, fostering a culture of collaboration and innovation. Our commitment to diversity and inclusion, alongside a robust risk management framework, ensures that every team member can thrive while contributing to meaningful projects that impact our clients and communities.
StudySmarter Expert Advice🤫
We think this is how you could land EMEA Regulatory Change Management Coverage Lead in London
✨Tip Number 1
Familiarise yourself with the latest regulations affecting the EMEA region, especially those related to Capital Markets and Investment Banking. This knowledge will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the regulatory compliance field, particularly those who have experience in CIB or Commercial Banking. Attend industry events or webinars to make connections that could provide insights or even referrals for the position.
✨Tip Number 3
Prepare to demonstrate your facilitation skills by thinking of examples where you've successfully led meetings or group discussions. Being able to articulate your experience in driving internal dialogue will be crucial in showcasing your fit for this role.
✨Tip Number 4
Brush up on your Microsoft Office skills, particularly PowerPoint and Excel. Being proficient in these tools is essential for creating presentations and conducting impact analyses, which are key responsibilities in this role.
We think you need these skills to ace EMEA Regulatory Change Management Coverage Lead in London
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities and requirements of the EMEA Regulatory Change Management Coverage Lead position. Tailor your application to highlight relevant experiences that align with the job description.
Highlight Relevant Experience:In your CV and cover letter, emphasise your experience in Business Execution, Implementation, or Strategic Planning. Provide specific examples of how you've interpreted regulatory compliance requirements and your familiarity with Commercial Banking and CIB Investment Banking.
Showcase Communication Skills:Since excellent verbal and written communication skills are crucial for this role, ensure your application reflects your ability to articulate complex issues clearly. Use concise language and structure your documents well to demonstrate your communication prowess.
Prepare for Presentation Skills:Given the need to present at senior management forums, consider including a brief section in your application that outlines your experience with creating presentations and leading discussions. Mention any tools you are proficient in, such as PowerPoint and Excel, to support your claims.
How to prepare for a job interview at Wells Fargo & Company
✨Understand Regulatory Frameworks
Familiarise yourself with the key regulations affecting the Corporate and Investment Banking sector, especially those relevant to EMEA. Be prepared to discuss how these regulations impact various business lines and demonstrate your ability to interpret compliance requirements.
✨Showcase Your Analytical Skills
Highlight your experience in reviewing and analysing regulatory changes. Prepare examples of how you've previously assessed the impact of regulations on business operations and what steps you took to ensure compliance.
✨Prepare for Stakeholder Engagement
Since the role involves coordinating with various stakeholders, practice articulating complex issues clearly and concisely. Be ready to discuss how you would facilitate discussions and drive accountability among team members.
✨Demonstrate Presentation Skills
As you'll need to present at senior management forums, prepare a mock presentation on a relevant topic. Use PowerPoint effectively to convey your points and be ready to answer questions, showcasing your communication skills and confidence.
