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About this role:
Wells Fargo is seeking a Senior Control Management Specialist
supporting the Commercial Banking Operations group.
In this role, you will:
Own and independently manage 1-2 Risk Assessable Units (RAUs), also known as RCSAs, holding the pen in drafting
Responsible for risk identification, risk measures, control identification/design and ratings applicable to the assigned RAUs in partnership with the RAU Owner within the business
Manage all risk management activities association to the RAU (i.e. issues, OREs, process change, etc.) to ensure control requirements are met and adhered too by the business owner
Become the risk and control subject matter expertise on the service models assigned and underlying L4 processes
Provide risk management consulting to support the business in designing and implementing risk-mitigation strategies
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
Integrate yourself in all necessary business routines to ensure your knowledge of the processes is sufficient
Monitor assigned portfolio of control activities and escalate when necessary
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:
Experience designing effective controls, issue management and supporting metrics and governance programs
Knowledge of issue management process
Experience determining the root cause of identified issues
Regulatory Control knowledge across enterprise risk management framework, including: control testing, risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance. Knowledge and experience with Risk Control Self-Assessment activities
Knowledge and understanding of Risk and Control Self-Assessment concepts
Ability to proactively manage and mitigate issues
Excellent verbal, written, and interpersonal communication skills
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Experience developing partnerships and collaborating with other business and functional areas
Strong operational (or compliance or audit) risk management experience in the financial services industry
Advanced Microsoft Office skills
Job Expectations:
Ability to travel in person for workshops during RAU execution for all assigned work.
Ability to work onsite three days a week at one of the locations listed below.
Office Locations:
Chandler, AZ
Des Moines, IA
Minneapolis, MN
Charlotte, NC
Irving, TX
San Antonio, TX
**Relocation assistance is not available for this position.
**This position is not eligible for Visa sponsorship.
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. $84,000.00 - $149,400.00 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: 27 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.