|Job Description :
||At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
The Sr. Control Management Specialist is part of the Business Risk and Control Team, supporting the Operational Risk group, reporting to the Control Management Sr. Manager. The Business Risk and Control team is responsible for partnering with the relevant business group to identify, assess, manage and mitigate current and emerging risk exposures associated with their activities and operations. The Sr. Control Management Specialist is responsible for monitoring, measuring, evaluating, and reporting on the impact of decisions and controls to the relevant business group and enterprise function. The Sr. Control Management Specialist consults and provides guidance to business groups on the development, implementation, and monitoring of moderately complex business-specific programs to identify, assess, and mitigate risk, consults and provides support in the interpretation of policy, guidelines, and governance programs as the front line liaison to the Independent Risk Management area for moderate to high risk and complexity enterprise risk programs and provides risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes and controls that mitigate risks and address regulatory requirements.
In this role, you will:
Develop and maintain partnerships with business process owners by consulting and providing expertise in control design to effectively mitigate risks, including the design of means of measurement
Advise aligned group on Risk and Control Self Assessments (RCSA)/Integrated Process Risk and Control (IPRC), Business Process Management (BPM), and other programs
Engage in the development and implementation of new controls, action plans, and root cause analysis
Support the evaluation and design of appropriate metrics to inform and monitor the health of the operational risk environment
Identify gaps and areas of improvement in existing processes and recommend improvements
Support a strong risk management culture through the implementation of key risk management programs into the standard operating framework of the business
Interface with Audit, Legal, and internal partners as needed
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
Experience in supporting one or more areas of risk including, Operational Risk, Model Risk and Compliance for BCL roles aligned to these groups within Corporate Risk.
A thorough understanding of enterprise risk management framework including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships
Working knowledge/experience in Wells Fargo Issue Management
Risk and Control Self Assessment (RCSA) experience
Testing and Validation experience
Prior audit experience
Technical understanding of Corporate Risk operations, processes, and responsibilities.
Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with group’s processes.
Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.
Ability to evaluate impacts based on changes in laws/regulations and develop company response.
Knowledge and understanding of operational risk management in the financial services industry.
Ability to identify risks and propose mitigation plans
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, or status as a protected veteran.
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.