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About this role:
The Wells Fargo front line Evidence Based Control Evaluation (EBCE) team is part of the Control Management Executive (CME) organization. This position will report to the Banking, Client Lifecycle Management, and Market Conduct Lead for the Corporate and Investment Banking (CIB) group within EBCE. The Banking line of business within CIB comprises Corporate Transactional Banking as well as Investment Banking. The CIB EBCE team is tasked with evaluating whether controls are well-designed and operating effectively by assessing the design and performance effectiveness of a control in mitigating operational risks. The EBCE process is aligned to the front line Risk and Control Self-Assessment (RCSA) Program to support a proactive risk management environment in alignment with Wells Fargo's Risk Management Framework. EBCEs are performed and results are documented in templates and systems of record based on applicable policies, standards, and guidance documentation. The EBCE process may involve leading, conducting and documenting walk-throughs of controls with control owners and business aligned control team members, developing test scripts, and determining the appropriate data and/or documentation needed for sampling to assess the design and operating effectiveness of the control(s).
We are looking for a Control Officer to join our team. The right candidate will be responsible for leading evaluations of controls to ensure proactive self-identification of control deficiencies, providing insight into emerging risks while operating in a very dynamic manner, and connecting and building relationships with key partners. This role requires attention to detail, strong organizational skills, communication skills and the ability to collaborate with stakeholders across the business group or Enterprise. Learn more about our career areas and lines of business at wellsfargojobs.com .
In this role you will:
Lead team members in the evaluation of controls aligned to high/moderate risk instances across all risk types consistent with the RCSA policy established by Independent Risk Management and the Front Line RCSA Procedures.
Execute evidence based control evaluations (i.e. control testing) in an effective manner and on schedule.
Communicate any potential control deficiencies discovered during the completion of the EBCE to a coordinator and/or CIB Banking EBCE Leader.
Document the EBCE in templates and systems under limited supervision and in accordance with requirements.
Identify appropriate data, populations and other documentation needed to support the execution of the EBCE design and performance evaluation.
Develop and execute test scripts needed to evaluate the control performance aligned with the associated risk types.
Build relationships with the EBCE Team and CIB Banking Business Partners to enable effective collaboration and achievement of work completion and team goals.
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:
Ability to build constructive and effective relationships.
Audit or internal controls assessment experience.
Ability to listen without interrupting, ask clarifying questions as needed, form judgements with consideration.
Experience with risk types, methodologies, and frameworks for evaluating or testing controls and assessing results, conducting research, and identifying control deficiencies.
Experience working in Corporate Transactional Banking or Investment Banking and the relevant risk points in the business.
Strong listening and communications skills (both written and verbal) with the ability to convey complex information and ideas, including complex data sets, both simply and clearly.
Experience executing control evaluation test scripts to assess the design and performance of internal controls.
Experience evaluating the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls; additional experience analyzing business and/or systems changes to determine impact.
Ability to prioritize work, meet deadlines, achieve goals, and work under deadlines in a dynamic and fast paced environment.
Excellent verbal, written, and interpersonal communication skills.
Strong analytical skills with high attention to detail and accuracy.
BS/BA degree or higher, or other advanced degree.
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills.
CPA or CIA certification.
Posting Locations:
300 Highway 169 S, Minneapolis, MN 55426
550 S Tryon St, Charlotte, NC 28202
800 Walnut St, Des Moines, IA 50309
The Control Functions adhere to a location strategy, therefore your candidacy may be determined based on your current location. Remote work locations are not available for these roles, so if you are not in a location listed on the posting, you must commit to relocation within an agreed upon timeframe.
Posting End Date: 22 Sep 2024 *Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
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