Now Hiring - Wells Fargo & Company - Treasury Senior Manager - Balance Sheet Change Management in New York, NY

Full description of the position

About this role: Wells Fargo is seeking a Treasury Senior Manager to lead the Balance Sheet Change Management team reporting to the Head of Balance Sheet Production in BSIRRM. This team will own solutioning for changes to models used in balance sheet/NII forecast for planning, interest rate risk management, stress testing, legal entity management, scenario analysis, etc. Wells Fargo Treasury is responsible for managing Wells Fargo's balance sheet including capital, liquidity, funding, and interest rate risk management. Treasury seeks to ensure Wells Fargo always maintains sufficient capital and liquidity resources to support growth in the Company's businesses, while also ensuring a satisfactory financial cushion exists to protect against unforeseen stresses in the economic environment or the Company's operations. Treasury also provides regulators, senior leaders, and the Board of Directors with key information to support risk management, financial performance management, and strategic planning. The Balance Sheet and Interest Rate Risk Management (BSIRRM) Group performs quantitative analysis of the balance sheet behavior and has primary responsibility to measure interest rate risk (IRR) and design corresponding risk management strategies. The group oversees IRR simulation models, provides Management with balance sheet and risk profile insights, and contributes to the generation of risk management strategies. In this role, you will: * Lead and manage a team responsible for Balance Sheet Change Management to efficiently deliver changes to models used in the balance sheet/NII forecast framework with a strong emphasis on risk management, accuracy, speed, and transparency * Partner with balance sheet operations and forecasting teams to deliver high quality outcomes to product strategy, IRR strategy and treasury leaders on initiatives related to model updates, liquidity, capital, NII, scenario, and data * Identify and recommend opportunities for process improvements, working alongside Technology and Finance teams to deliver transformation initiatives * Act as Application Business Owner for technology applications used to support forecasting framework * Ensure deliverables are completed and in compliance with various treasury risk management and regulatory requirements * Collaborate with Internal Audit and Corporate Risk Management * Provide leadership and mentorship to the broader BSIRRM Production team, fostering a culture of innovation, collaboration, and continuous improvement to ensure delivery on team objectives * Develop and guide a culture of talent development to meet business objectives and strategy Required Qualifications: * 6+ years of Treasury experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education * 3+ years of management or leadership experience Desired Qualifications: * Comprehensive understanding of finance processes, systems, and regulations, with expertise in areas such as balance sheet reporting, forecasting, and quantitative modelling * Experience with Quantitative Risk Management (QRM), SQL/VB script writing * Experience with IRR valuation concepts and trading products, preferably CFA or CPA * Strong analytical and problem-solving skills, with the ability to leverage data and insights to drive decision-making and continuous improvement * Strong stakeholder management skills with the ability to multi-task and prioritize in a fast-paced environment when meeting demands Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process. Pay Range Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $144,400.00 - $300,000.00 Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees. * 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 Posting End Date: 4 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. 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.