CIB Control - Markets (Head of Equities Control)

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About the Role

The Head of Equities Business Control Management is responsible for leading the first line of defense control framework across the global Equities franchise. This role partners closely with senior business leaders and enterprise control functions to identify, assess, monitor, and mitigate operational, regulatory, supervisory, conduct, and reputational risks while enabling responsible business growth. The position provides governance, supervision, and control oversight across Equities businesses, including Cash Equities, Equity Derivatives, Convertible Securities, Equity Financing, Prime Brokerage, Equity Research, Institutional Sales, and Sales Trading. The role reports to the Head of CIB Markets BCM and collaborates with Line of Business Supervisors, Business Controls, Business COO teams, and cross-functional partners including Compliance, Risk, Operations, Technology, Audit, Testing, and Legal.

Responsibilities

• Provide senior Business Control Management leadership across the global Equities franchise, including Cash Equities, Equity Derivatives, Convertible Securities, Equity Financing, Prime Brokerage, Equity Research, Institutional Sales, and Sales Trading.
• Partner with Equities business and desk leadership to provide strategic guidance on governance, supervision, risk management, conduct, and control matters.
• Oversee governance supporting Equities products, new business initiatives, trading venues, technology implementations, strategic change initiatives, and significant business transformations.
• Lead the execution and continuous enhancement of the Equities Business Control Framework, including business-specific programs, processes, preventive controls, and detective controls.
• Identify, assess, monitor, and mitigate operational, regulatory, supervisory, conduct, and reputational risks across Equities businesses, products, and activities.
• Lead business-aligned supervisory programs, including supervisory procedures, monitoring, quality assurance, escalation, and issue management processes.
• Partner with Trade Surveillance to ensure appropriate Equities surveillance coverage, governance, and timely remediation of identified issues.
• Lead RCSA refresh, risk assessments, control evaluations, operational risk event reviews, root cause analysis, and sustainable remediation of control deficiencies.
• Support regulatory programs and inquiries impacting Equities, including SEC, FINRA, exchange rules, market abuse, best execution, information barriers, Volcker, and other applicable requirements.
• Partner with Compliance, Risk, Operations, Technology, Audit, Legal, COO teams, and other control partners to strengthen the overall control environment.
• Develop and present executive-level reporting, dashboards, and governance materials to senior management and governance committees.
• Build, lead, coach, and develop a high-performing Business Control Management team while fostering accountability, collaboration, talent development, and a strong risk culture.
• Thrive in a dynamic, fast-paced, and high-pressure environment.

Requirements

• 10+ years of Risk Management or Business Controls experience, or equivalent demonstrated through work experience, training, military experience, or education.
• 4+ years of management or leadership experience.

Qualifications

• 10+ years of industry experience in Equity Trading, Controls, or Compliance.
• In-depth trading/product knowledge.
• Understanding of applicable regulations related to Equity compliance.
• In-depth knowledge of FINRA supervision, supervisory programs, the role of a supervisor, obligations of a supervisory delegate, and associated risks.
• Ability to work collaboratively across multiple stakeholders and deliver results in a timely manner.
• Self-starter with the ability to multitask, manage competing priorities, and lead effectively in a dynamic environment.
• Excellent verbal and written communication skills, with the ability to articulate complex concepts clearly and concisely.
• Strong attention to detail and high-quality standards for work.
• Commitment to providing timely and accurate guidance to the first-line business with a strong ability to influence when needed.
• Inquisitive and proactive mindset with the ability to think creatively to solve problems and anticipate potential issues.
• Experience handling highly sensitive and confidential information with sound judgment.
• FINRA Series 7, 24, and 63 licenses preferred but not required; must be willing to obtain them in a timely manner.
• BS/BA degree or higher.

This position is not eligible for visa sponsorship and requires on-site work per Wells Fargo's standard operating model in New York City, NY (hybrid schedule). The ability to travel up to 10% of the time is required. This role is subject to FINRA background screening requirements.

Pay

$185,000.00 - $300,000.00 base pay range, with potential eligibility for incentive opportunities.

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement