Senior Control Management Specialist

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.
At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We are looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

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:

• 4+ 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:

• Knowledge of issue management policy.
• Experience determining the root cause of identified issues.
• Risk and regulatory compliance experience, with specific focus on compliance applicability assessment and implementation.
• Regulatory Control knowledge across enterprise risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
• Ability to proactively manage and mitigate issues.
• Knowledge and experience with Risk Control Self-Assessment (RCSA) activities
• Experience successfully collaborating with others in a change driven environment.
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Wells Fargo is seeking a Senior Control Management Specialist in Commercial Banking Control supporting Client Strategy and Capital Management (CSCM), including Renewable Energy and Environmental Finance and Strategic Capital.
This role is aligned to the Client Strategy and Capital Management Control team and will be a direct report to the team’s Control Director. In partnership with other CSCM Control team members, responsibilities will include, risk identification and assessment, control and issue management, control design and evaluation, control reporting and governance, and other control programs. This will include ongoing monitoring and assessment of CSCM operating and control environment; facilitation of issue management activities; and root cause and theme/trend identification leading to proactive issue mitigation. Responsibilities will also include designing controls in partnership with business owners, including effectiveness measures, implementation support, validation of effectiveness post implementation; and controls evaluation based on defined triggers. Additionally, in partnership with business owners, provide control and process expertise to implement key risk management programs into the operating framework of the business.
As the front-line control partner of Commercial Banking, Commercial Banking Control Management develops and supports a strong control environment that leads to early identification and sustainable mitigation of operational risk, through joint accountability with business and process leaders. The control function is responsible for: risk identification and assessment, control and issue management, control design and evaluation, reporting and governance, and control programs. CSCM Control team leads the control management functions for several businesses within Commercial Banking

In this role, you will:

• Participate in identifying, assessing, managing, and mitigating current and emerging risk exposures within Control Management functional area.
• Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes, and business controls.
• 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.
• Provide guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and mitigate risk.
• Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations.

Required Qualifications, US:

• 4+ 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:

• Knowledge of issue management policy.
• Experience determining the root cause of identified issues.
• Risk and regulatory compliance experience, with specific focus on compliance applicability assessment and implementation.
• Regulatory Control knowledge across enterprise risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
• Ability to proactively manage and mitigate issues.
• Knowledge and experience with Risk Control Self-Assessment (RCSA) activities
• Experience successfully collaborating with others in a change driven environment.
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.

Job Expectations:

• This position is not eligible for Visa sponsorship.
• Ability to travel up to 5% of the time.
• This position offers a hybrid work schedule.
• Willingness to work on-site at stated location on the job opening.