Trade Surveillance Model Governance & Analytics Lead

TN United Kingdom; London; On-site; GBP 80,000 - 110,000; Full time

Job summary

Wells Fargo seeks a Trade Surveillance Model Governance & Analytics Lead in London. This role involves analyzing trading behavior, managing surveillance models, and ensuring compliance with Market Abuse Regulations. Ideal candidates have a quantitative background and strong analytical skills, with responsibilities including data analysis and stakeholder communication.

Qualifications

• Experience in Risk Management or equivalent.
• Strong analytical skills with high attention to detail.

Responsibilities

• Lead regular recertification and Target Scope Validation processes.
• Perform deep dives into data sets related to market abuse.
• Manage vendor relationships to enhance surveillance capabilities.

Skills

Analytical Skills

Attention to Detail

Communication Skills

Education

Risk Management

Job description

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Trade Surveillance Model Governance & Analytics Lead, London

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Client:

WELLS FARGO BANK

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

193b7fab87c2

Job Views:

3

Posted:

14.05.2025

Expiry Date:

28.06.2025

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Job Description:

About this role:

Wells Fargo is looking for a highly skilled Trade Surveillance Model Governance and Analytics Lead with a background in quantitative models. The role involves analysing data to understand alert triggers and trading behaviour, conducting in-depth data analysis, and identifying patterns associated with market abuse.

Key attributes for this position include a strong sense of urgency, a drive for results, and a commitment to personal accountability. Successful candidates will possess a quantitative background, in-depth knowledge of financial products, and familiarity with Market Abuse Regulations.

The role also requires the ability to effectively communicate complex ideas to senior leadership, testing functions, and regulators. This includes translating technical jargon into clear business language and converting business needs into technological projects.

This position offers the chance to work with a state-of-the-art risk-based trade surveillance system and serve as the subject matter expert for the EMEA region.

In this role, you will:

• Be responsible for engagement with MRM function and lead regular recertification and Target Scope Validation processes to support ongoing development of Surveillance models, performing regular performance testing in line Model Risk Management policy, report on model's performance and material changes to model's design.
• Support the model threshold calibration exercise.
• Manage vendor relationship and participate in discussions to enhance existing Surveillance capabilities in line with regulatory and industry standards.
• Partner with Control team, Business Heads, Technology, Compliance and relevant Support teams to build out robust surveillance scenarios.
• Interrogate a database system for investigation, analysis, and preparation of statistical reports to understand alert triggers and trading behavior.
• Perform deep dives into data sets, understand how patterns of data may be associated with market abuse.
• Identify opportunities for process improvement and risk control development by participating in different Trade Surveillance activities.

Required Qualifications:

• Experience in Risk Management, Control Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Strong analytical skills with high attention to detail and accuracy.
• Experience working on quantitative models.
• Demonstrated direct or indirect experience with Trade Surveillance in either First Line or Second Line roles.
• Experience with Market Conduct, Market abuse controls and Supervisory review processes.
• Prior experience at Market Oversight including any regulatory or government agencies.
• Prior experience in process improvement, automation of control processes.

• Understanding of Corporate and Investment Banking business operations, processes, products and customer interactions and associated risk manifestation.
• Working knowledge of the Risk Management Framework (RMF) concepts and policies across risk types (regulatory, financial crimes, credit, operational, etc.).
• Excellent communication skills (verbal, written and interpersonal); ability to concisely articulate complex concepts in a clear manner to senior leadership, testing functions and regulators.
• Professionalism, adaptability and strong collaboration skills.
• Ability to translate technical language into plain business language, and to translate business requirements into technology initiatives.
• Demonstrated capability to confidently raise issues, escalate early, and engage in constructive credible challenge independently.
• Demonstrated capacity to pro-actively and independently analyze and solve problems and address risks.

Posting End Date:
29 May 2025
*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.