Lead Control Management Officer - Investment Portfolio

at  Wells Fargo

WHY WELLS FARGO:

This is where your true career begins. 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. At Wells Fargo, we support employees’ career aspirations and growth. We’re proud of our employee-welfare-centered business approach and our commitment to diversity, equity, and inclusion in the workplace.
We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees. Our customers invest with us, we invest in you. Apply today.

APPLICANTS WITH DISABILITIES

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

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

Required Qualifications, US:

• 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:

• Ability to take on a high level of responsibility, initiative, and accountability
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Strong collaboration and partnering skills
• Ability to develop partnerships and collaborate with other business and functional areas
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders
• Ability to quickly establish credibility to build and maintain effective working relationships
• Ability to provide leadership to a matrixed organization environment
• Strong risk management leadership skills
• Knowledge and understanding of Shared Risk Platform (SHRP) such as reporting and issue management
• Knowledge and understanding of Risk and Control Self-Assessment (RCSA)
• Ability to adapt and be flexible in a working environmen

Wells Fargo is seeking a Lead Control Management Officer. This position is within the Investment Portfolio and Treasury Control team supporting the Business Control Leader function.

In this role, you will:

• Serve as the business control lead for the Mortgage Model Development Center and Corporate Economics Group within the Investment Portfolio, directly supporting two OC-2 members of Finance.
• Develop and/or have an understanding of the unique risks and business processes of the portfolio.
• Support ongoing monitoring of the control environment to ensure early identification and mitigation of risks through strong, effective controls.
• Serve as a Subject Matter Expert (SME) of the business platform’s end-to-end processes; leveraging a comprehensive appreciation of business activities and broader stakeholder impact to implement a risk and control environment designed to facilitate management’s objectives.
• Identify process inefficiencies and potential control gaps; Identify key risks, controls, and monitoring activities within the business processes and determine potential issue management impacts.
• Continuously engage in discussions with LOB partners on strategy, industry trends, organizational changes, and new/modified markets, systems, products and services, to determine impact and identify and remediate risk issues.
• Collaborate with, guide and counsel LOB partners on control design and implementation to mitigate risks.
• Collaborate with, guide, and counsel LOB partners on matters relating to the identification, formulation, and implementation of Corporate policies, procedures to mitigate risks.
• Ensure a proper LOB profile of applicable regulations and associated controls as well as residual risks and compensating controls are maintained and continuously updated in appropriate systems of record on an ongoing basis.
• Demonstrate the ability to be adaptable to a dynamic and quickly changing, fast paced work environment where priorities or focus may shift frequently.
• Lead complex initiatives designed to mitigate current and emerging risks with broad impact.
• Act as key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area.
• Monitor moderately complex business specific programs, and provide risk management consulting to support the business in designing and implementing risk-mitigation strategies.
• Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area.
• Develop and implement risk monitoring and risk reporting processes and controls.
• Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations, and provide guidance in developing and implementing risk-mitigating strategies.
• Lead Control Management project or virtual teams.

Required Qualifications, US:

• 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:

• Ability to take on a high level of responsibility, initiative, and accountability
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Strong collaboration and partnering skills
• Ability to develop partnerships and collaborate with other business and functional areas
• Strong analytical skills with high attention to detail and accuracy
• Excellent verbal, written, and interpersonal communication skills
• Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders
• Ability to quickly establish credibility to build and maintain effective working relationships
• Ability to provide leadership to a matrixed organization environment
• Strong risk management leadership skills
• Knowledge and understanding of Shared Risk Platform (SHRP) such as reporting and issue management
• Knowledge and understanding of Risk and Control Self-Assessment (RCSA)
• Ability to adapt and be flexible in a working environment

Job Expectations:

• Ability to work onsite at one of the locations listed below three days a week. Relocation assistance is not available.

Locations:

• Charlotte, NC; Minneapolis, MN; Irving, TX; West Des Moines, IA; Tempe, AZ