Chief Representative -Manila and Head of Financial Institutions Group,Philippines
Manila, Metro Manila, Philippines
About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading global financial services company with $2.0 trillion in assets and offices in over 37 countries. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides asset management, capital raising and advisory, financing, foreign exchange, payments, risk management, and trade finance services to support customers who conduct business in the global economy. At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We also value the viewpoints of our team members and encourage them to be their best. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Learn more at our International Careers website.
Market Job Description
Chief Representative for Wells Fargo Bank NA Mania Representative office and Head of Financial Institution Group (FIG) for Philippines.
Overall responsibility serving a market segment of bank and non-bank financial institutions based in the Representative Office (the Rep Office) with the goal of overseeing the development of lasting, influential, consultative client relationships with key decision makers at all levels.
Report to the Head of Financial Institutions Group, APAC South.
Oversee the development of lasting, influential, consultative client relationships with key decision makers at all levels. Assist WF offshore in support of relationship managers and in development of high level institutional relationships.
Active participation on the management team of Financial Institutions Group (FIG), Asia Pacific (APAC) projects as necessary internally and externally.
Participate in annual budget planning process; manage business within expense targets.
Lead and develop a team of seasoned and experienced relationship managers and customer service professionals.
Develop customer relationship plans and country business strategy in conjunction with product partners and Line of Business management
Assist WF offshore through follow up on obtaining credit related information from customers and market intelligence. Identifying and escalating to offshore WF for managing bank and country risk.
U nderstand all risks (i.e. Compliance (including Financial Crime), Credit, Interest rate, Liquidity, Market, Model, Operational, Reputational, Strategic) with a goal of assisting Wells Fargo offshore manage risks within its existing and prospect client portfolio and in line with Wells Fargo's risk appetite.
Facilitate introduction and dialogue of Wells Fargo product partners with local customers where permitted by local law and regulation.
Develop and execute a plan to train relationship managers on Wells Fargo products and capabilities.
Partner with other Wells Fargo departments to ensure that client issues are addressed and resolved in a timely manner.
Governance, Regulatory and Compliance
Report to the Head of South and South-East Asia Governance.
Responsible for the corporate and regulatory governance oversight of the Rep Office in line with Wells Fargo policies for the permissible activities of the Rep office and regulatory guidelines for the Rep office , ensuring that all activities are consistent with Wells Fargo's vision, values, policies, brand and image.
Act in conjunction and with support from business and function leaders as the primary Wells Fargo officer accountable for liaison with external regulators, government bodies and auditors, whenever necessary, in respect of the Rep Office.
Ensure all activities of the Rep Office are in compliance with local regulations and internal bank policies.
Demonstrate strong compliance knowledge; ensure that compliance objectives are fully met and consistently in order.
Works with Compliance to advise the relevant business lines and develop and maintain an effective control framework and regime designed to identify, manage and mitigate regulatory and operational risks.
Ensures consistent risk management and appropriate escalation of compliance and audit issues in the Rep Office.
Ensure all regulatory returns and reports to various authorities in the Rep Office are submitted accurately within prescribed timelines.
Market Skills and Certifications
University degree or MBA in Finance or related discipline
Minimum 10 years of management experience within financial institutions
Strong knowledge and experience in local banking regulations.
In-depth knowledge of correspondent banking products and solutions.
In-depth knowledge of South Asia market dynamics, macroeconomic and political circumstances.
Sound understanding of compliance policy, counter-party country credit risk.
Proven track record as a Coverage Banker and in leading Relationship Management teams.
Leadership Expectations at Wells Fargo As a Team Member manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.
Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.
We Value Diversity At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Wells Fargo is committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists. Our goal is to employ 20,000 veterans by 2020. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance.
At Wells Fargo, you’ll find a culture that is team-oriented, collaborative, structured, and challenging. Our Veteran’s Team Member Network is made up of thousands who share an interest in veterans’ matters, and promotes greater awareness and job development within the veteran community.