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.
About this role:
Wells Fargo is seeking a Commercial Banking Chief Administration Office (CAO) Lead Control Management Officer within the Commercial Banking Control organization. This role is responsible for supporting the CAO line of business.
In this role, you will:
As the responsible Business Control Manager, you will support a specific CAO business unit to implement and execute required controls in an effective, sustainable manner and help identify, escalate, and proactively manage risks and issues in the Line of Business (LOB).
Continuously engage in discussions with LOB partners on strategy, industry trends, and new/modified markets, systems, products, and services to determine impact and identify and remediate risk and control issues across all risk types.
Collaborate with, guide, and counsel LOB partners on control design and implementation to mitigate risks.
Collaborate with, guide, and counsel LOB process and control owners on identifying where controls reside, managing control changes and evaluating effectiveness.
Help ensure proper LOB profiles of applicable regulations and associated controls as well as residual risks and compensating controls are maintained and continuously updated in appropriate systems of record.
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.
Ensure 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.
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:
Process design or improvement experience.
Experience assessing the adequacy of policies, procedures, and processes (includes compliance and operational controls within a large complex organization).
Knowledge and understanding of Risk and Control Self-Assessment (RCSA).
Ability to articulate issues, risks, and proposed solutions to various levels of staff and management.
Ability to implement solutions and communicate, in clear business terms, the benefits of the proposed risk management approach.
Ability to assess issues, make quick decisions, implement solutions, and influence change.
Experience delivering results in a fast-paced, deadline driven environment.
Leadership skills including the ability to influence effectively in a matrix environment.
Excellent verbal, written, and interpersonal communication skills.
Proven experience in operational risk management or control functions.
Proven ability to collaborate with all levels of management and functional groups.
Strong sense of ownership of work product, detail oriented and thorough.
Demonstrated organizational and time management skills with the ability to manage multiple responsibilities and tasks simultaneously.
Sound analytical, critical thinking, open-source research, and problem-solving skills.
Job Expectations:
The selected candidate must be located in one of the listed work locations; this position is expected to work on site 3 or more days per week per Wells Fargo's standard operating model.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $111,100.00 - $197,500.00 Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date: 10 Oct 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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.