Business Initiatives Manager – Wells Fargo Asset Management

Wells Fargo Asset Management is seeking a Business Initiative Manager to lead and support complex initiatives focused on operationalising regulation in both UK and EU jurisdictions. This role will interface directly with WFAM teams and business leaders, Wells Fargo EMEA partners, operational risk partners and key service providers.

Responsibilities include, but are not limited to:

• Primary focus is to operationalise regulation (such as EMIR, BMR, BREXIT, GDPR, PRIIPS, SEC Report Modernisation) which includes but is not limited to helping interpret regulation and its impact on our operation, identifying actions required to prepare for a specific regulation, leading/participating in analytical activities as necessary, communicating status and escalating issues to senior leadership.
• Participating in industry groups (such as Investment Association, ICI Global) to ensure we understand the competitive landscape, external interpretations of regulatory impacts and other interpretations.
• Leading cross functional / virtual teams to strategise, plan and execute a variety of initiatives
• Work closely with project management staff to implement required actions to comply with regulations
• Facilitate cross functional working group focused on international regulatory initiatives impacting WFAM operational teams and tracking key dates and actions to ensure WFAM can meet the regulatory requirements. Ensure clear owners are identified across WFAM for each regulatory mandate.
• Working collaboratively with other Business Initiative Consultants across operational groups and creating a loosely federated team, ensuring we prevent unnecessary redundancy and optimise efforts.
• Supporting operations teams on prioritised projects, assisting in the formulation and definition of scope, objectives, and requirements through research, analysis, and fact-finding. Identifying issues and risks related to business process, system or infrastructure changes. Identifying, evaluating and developing solutions that are cost effective, maintain consistency across WFAM where possible and meet business requirements.
• Building relationships with key business partners to ensure proper communication, escalation and awareness between the teams and with senior leadership.
• Representing WFAM on cross-EMEA efforts, as required.
• Other activities, as necessary.