15 days old
2017-12-012018-01-15

MCT Capital Consultant

Dublin, County Dublin D04 TP03
  • Job Code
    20981BR-1

Wells Fargo provides middle market, large corporate and financial institution customers with a range of international solutions, including treasury management, credit, payments, financing, foreign exchange, and trade services. Wells Fargo operates from 42 countries and territories outside of the U.S., including branches in Ireland, Beijing, Cayman Islands, Dubai International Financial Centre (DIFC), Hong Kong, London and Seoul.

This is an excellent opportunity to build on prior experience gained in: Treasury, Liquidity Risk Management, Risk Management roles, Business Analytics, Finance or Middle Office to gain broad experience of two key topics of global regulatory focus; specifically Liquidity Risk Management and Capital Risk Management.

This role will provide an excellent opportunity for candidates to work closely with the EMEA business lines and support functions in the production and delivery of the ICAAP, the recovery plan and the resolution pack.
The scope of the role is focused on WFC Legal Entities across the EMEA platform. This is an opportunity to get hands-on experience regarding how the bank deploys its capital and asses adequacy. While the role will focus on capital, liquidity and recovery/resolution planning will remain key aspects of the role, and cross training will be provided thereby enhancing career opportunities.

MCT are part of the first line of defense, and this new group would be viewed as a 1B function. We expect this role will lead to opportunities to expand candidates knowledge in other areas including risk management of interest rate risk, the balance sheet and operational risk as well as topics relevant to the broader financial services industry.

Responsibilities:

The primary areas of responsibility for the role are as follows:

  • Capital SME and knowledge of the ICAAP.
  • Scope and plan the delivery of the ICAAP.
  • Review and challenge submissions from the contributors to ensure overarching consistency and messaging throughout the ICAAP and the RRP.
  • Challenge Risk identification and materiality assessment
  • Oversight of stress testing including the challenge of all Pillar 1 and Pillar 2A capital calculations.
  • Ownership of the Pillar 2B calculations
  • Manage the master documents and tracking changes and updates in a controlled manner
  • Coordination of the scenario definition exercises
  • Develop, enhance and perform the respective P2B and reverse stress testing exercises.
  • Production of the Solvent Wind Down plan.
  • MI reporting to the ALCO/RC/BoD relating to capital requirements and ICAAP planning.
  • Bring suggestions to Senior Management on how to optimize capital in accordance with regulatory constraints
  • Interaction with regulators as required (eg. SREP visits)
  • Ability to partner with business lines, finance, risk model review as and when required.
  • Keeping teams updated with regulatory developments in the EU and UK and the impact on Capital, Liquidity and Recovery planning
  • Coordinate Treasury initiatives that require engagement with multiple stakeholders across multiple teams.
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MCT Capital Consultant

Wells Fargo
Dublin, County Dublin D04 TP03

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MCT Capital Consultant

Wells Fargo
Dublin, County Dublin
IE

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