About this role:

Wells Fargo is seeking a Network Manager to join the Network Management (NWM) group, supporting the oversight and management of cash correspondent banking relationships across Asia Pacific (APAC) and Europe, the Middle East and Africa (EMEA).

In this role, you will manage key external provider relationships and associated governance activities, including provider reviews, Requests for Proposal (RFPs), Requests for Information (RFIs), annual questionnaires, due diligence, on-site reviews and service reviews.

You will work closely with stakeholders across the organisation to support liquidity, operational resiliency and effective correspondent banking relationship management, while representing Network Management with internal partners and externally at industry conferences and events.

The role will also contribute to the strategy and execution of the third-party risk management programme for correspondent banking providers, helping maintain effective oversight and support business continuity during periods of market disruption or crisis.

In this role, you will:

• Represent the Network Management function for the enterprise population of external nostro accounts across APAC and EMEA.
• Partner with Treasury to optimise correspondent banking relationships and support liquidity and operational resiliency objectives.
• Build effective partnerships across lines of business and support functions, including Risk and Control, Independent Risk Management (IRM) and Legal.
• Support the Network Management control and monitoring framework, including maintaining provider databases and documentation and ensuring alignment with relevant market regulations.
• Work closely with the Head of International Network Management to deliver regional and global initiatives, including:
  • Assessing and updating regional and global policies and procedures as required.
  • Supporting Corporate and Investment Banking (CIB) Operations initiatives involving external counterparties.
  • Identifying opportunities to improve efficiency, support cost control and deliver against key Network Management timelines.
  • Challenging account requests and requirements in line with account rationalisation plans.
• Conduct provider service reviews and annual questionnaires and manage Requests for Proposal and Requests for Information to support provider evaluation and selection.
• Analyse global payment volumes and associated reporting to support Network Management activities and decision-making.
• Support Wells Fargo entities with nostro accounts held at external financial institutions.
• Partner with Treasury, Product, Operations and business stakeholders to establish new nostro provider relationships and support additional currencies for an expanding client base, particularly across Foreign Exchange (FX) and Global Payments & Liquidity (GPL).
• Support the evaluation, selection, oversight and ongoing management of Wells Fargo’s cash correspondent providers, including monitoring market intelligence and relevant industry initiatives.
• Engage with key internal and external stakeholders on business and customer requirements and support the effective selection and due diligence of providers.
• Serve as a global escalation point for Operations and business lines on external clearing, settlement and securities-related issues.

Required Qualifications:

• Significant experience and knowledge of payment and clearing systems.
• Experience managing and developing provider relationships, including service due diligence and ongoing monitoring within a Network Management function.
• Strong analytical, problem-solving and process re-engineering skills, with the ability to assess issues at both a strategic and detailed level.
• Demonstrated ability to drive efficiencies, including cost savings or cost avoidance.
• Strong relationship management skills, with the ability to work effectively across business teams and support functions, including Risk and Control, Independent Risk Management and Operations.
• Strong written and verbal communication skills.
• Strong planning, prioritisation and time-management skills.
• Project management experience, including projects involving significant product deliverables or enhancements.

Desired Qualifications:

• Understanding of the regulatory landscape relevant to payments, correspondent banking and third-party risk management.

Posting End Date: 

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.