CIB Control - Equity Research Lead Control Officer

at  Wells Fargo

WHY WELLS FARGO:

Are you ready for the next step in your career? This is where it begins - at a company known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked #2 on the 2023 LinkedIn Top Companies list - and #1 among financial services companies - as the best workplace “to grow your career” in the U.S. We’re especially proud of our tangible, meaningful commitment to diversity, equity, and inclusion in the workplace. When it comes to employees’ financial health, we offer competitive salaries and generous benefits package. Apply today.

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Required Qualifications:

• 5+ years of Risk Management or Control Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

• Direct experience with Equity Research and related control frameworks
• Demonstrated understanding of rules and regulations applicable to the Equity Research business
• Experience with operational risk framework, the RCSA and related control programs
• Prior experience in a business control or compliance role with focus on control design and evaluation.
• Prior experience with governance frameworks and management reporting of non-financial risk profiles

The Corporate & Investment Banking (CIB) Control Team is responsible for the implementation and management of the First Line of Defense risk program requirements. This position resides within the Equities Business Control team and supports the broader Equities business that includes Cash Trading, Derivatives Trading, Equity Finance, Equity Advisory and the FCM. This role will assist with support of the Equities Research, Research Sales and Economics and will require a candidate with an in-depth understanding of Equity products, market practice, operations, technology and relevant regulations. As part of the business control team, the role will support business leadership and COO teams to design and implement first line controls with respect to a variety of regulatory requirements, Wells Fargo policies and industry best practices.

In this role, you will:

• Execute risk framework requirements such as the RCSA, creation and alignment of metrics
• Establish governance for open and upcoming items across all risk inventories and programs.
• Collaborate with Line of Business (LOB) partners on control design, implementation and monitoring.
• Ensure the LOB profile of applicable regulations and associated controls is maintained and monitored.
• Ensure appropriate connectivity, linkage, and integration with in-region international risk management teams.
• Establish the inventory of all relevant business processes, governance channels, internal testing, audit, and regulatory engagements is maintained
• Conduct risk assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems, technology and internal controls.
• Participate in business growth initiatives and maintain awareness of platform changes
• Awareness and involvement in regulatory change control, and alignment of related controls.

Required Qualifications:

• 5+ years of Risk Management or Control Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Direct experience with Equity Research and related control frameworks
• Demonstrated understanding of rules and regulations applicable to the Equity Research business
• Experience with operational risk framework, the RCSA and related control programs
• Prior experience in a business control or compliance role with focus on control design and evaluation.
• Prior experience with governance frameworks and management reporting of non-financial risk profiles.

Job Expectations:

• Hybrid work schedule. Must be able to work from one of the approved job posting locations three (3) days in office & two (2) days remote.

Posting Location(s):

• 500 W 33rd St NEW YORK, NY 10001