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Wells Fargo is seeking a Senior Lead Control Management Officer for Corporate Risk Control team within the Control Management organization.
This role will support Finance Risk Management, WIM CRO, and Strategic Enterprise Risk Management (SERM).
Control teams are responsible for partnering with the Corporate Risk teams to support implementation and oversight of control programs including Risk and Control Self-Assessment (RCSA), Internal Control Policy (ICP) requirements, and Quality Control and Quality Assurance.
This Senior Officer will serve as a key individual contributor and must have demonstrated ability to lead and foster a collaborative environment that ensures timely communication, swift execution, and strong cooperation. This Senior Officer will work closely with business leaders and control teams across Corporate Risk to identify, assess, manage, and mitigate risk exposures associated with their activities and operations. The person in this role is expected to exemplify a strong bias for execution, exceptional and deliberate planning, and leadership with integrity.
In this role, you will:
Lead complex initiatives designed to mitigate current and emerging risks with broad impact.
Act as lead participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area.
Monitor moderately to highly 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.
Supports the implementation and execution of Control Programs ensuring effective front line risk identification, measurement, monitoring, controls and mitigation; Counseling business leaders on risk, issues, and remediation.
Contributes to the development and enhancement of the business control environment through execution of the Risk and Control Self-Assessment (RCSA) program; lead RCSA workshops and engage in the development and implementation of new controls and action plans; Supports the Business with implementation of Control programs by providing consultative guidance.
Promote design of new and enhance controls in partnership with business owners including effectiveness measures, implementation support and validation of effectiveness.
Counsel aligned group leaders in the interpretation of policy, guidelines, and governance programs and/or implementation of program elements.
Perform analysis on large data sets to provide thematic insights to complete root cause analysis, identify risk, and develop remediation plans.
Mentor and train employees across Control Management to support ongoing improvement.
Maintain relationships with multiple partners in the business, Control Management, Independent Risk Management and Audit.
Manage allocation of people and financial resources to ensure commitments are met and aligned with strategic objectives in Business Controls functional area.
Required Qualifications, US:
7+ 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:
Risk management and mitigation experience
Knowledge and understanding of Risk and Control Self-Assessment (RCSA)
Knowledge and understanding of Shared Risk Platform (SHRP) such as reporting and issue management
Demonstrated ability to lead, influence and achieve results in a highly matrixed environment
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Experience developing reports and metrics
Financial services industry experience
Advanced knowledge of issue management policy
Ability to consult, build, and maintain solid working relationships in and outside of immediate department
Ability to develop presentation materials supporting interactions with all levels of an organization
Ability to influence across all organizational levels, particularly senior management
Ability to influence executive decision-making and successfully negotiate critical issue resolution related to program initiatives
Reporting experience, analytics experience, or a combination of both
Job Expectations:
Ability to travel up to 10% of the time
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. $144,400.00 - $300,000.00 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: 4 Nov 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:
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b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.