About this role:

Wells Fargo is seeking a Lead Control Management Officer to support the Operational Risk Management team within Corporate Risk.

Business Control Management (BCM) is responsible for partnering with their relevant business group to develop and maintain a strong control environment leading to early identification and sustainable risk mitigation. The team focuses on five areas: Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies, Control Governance & Reporting, and Control Programs.

The Lead Control Management Officer supports these functions in the Operational Risk organization in their responsibility to design and implement risk mitigation strategies and manage day-to-day risks inherent to the Operational Risk function and its processes. The position sits in front-line Control Management advising Operational Risk team members that are responsible for identifying, assessing, and mitigating risk exposures in their second-line of defense delivery.

This role maintains internal partnerships with other control teams, business units, and testing functions, and mentors but does not directly manage other team members.

In this role, you will:

• Advise aligned group on Issues, Controls, Risk and Control Self Assessments (RCSA) and other programs.

• Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area.

• Lead the aligned business unit in the establishment and maintenance of the control environment including advising process owners in the design and sustainment of effective controls.

• Act as key participant in monitoring, evaluating, and measuring the impact of business decisions on the control environment.

• Monitor moderately complex business specific programs, and provide risk management consulting to support the business in designing and implementing risk-mitigation strategies.

• Develop and implement risk monitoring and risk reporting processes and controls.

• Lead complex initiatives designed to mitigate current and emerging risks with broad impact.

• Maintain awareness of business activity especially activity that could change the risk profile of the group.

• Counsel aligned group senior leaders in the interpretation of policy, guidelines, and governance programs and/or implementation of program elements.

• Facilitate business dialogue across risk areas and business groups as needed

• Synthesize and evaluate aligned group risk information.

• Escalate concerns as appropriate to senior management.

• Interface with Operational Business Risk Oversight, Business Aligned Compliance Officer, Evidence Base Control Evaluation, Front Live Issue Verification, Independent Testing & Validation, Audit, Legal, and internal testing partners as needed.

• Lead projects and virtual teams.

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:

• Knowledge and understanding of operational risk management in the financial services industry.

• Demonstrable experience with Risk and Control Self-Assessment (RCSA)

• Demonstrable experience with Issues Management, including design of controls and managing corrective actions.

• Experience with Corporate Risk functions.

• Advanced ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders.

• Ability to grasp complex business issues quickly, recommend solutions, and drive for resolution.

• Ability to work independently in a virtual team environment where other team members, team management, and business partners located across the globe.

• Ability to provide leadership to a matrixed organizational environment.

• Ability to take on a high level of responsibility, initiative, and accountability.

• Ability to develop partnerships and collaborate with other business and functional areas.

• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) 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.

Posting End Date:

23 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.

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.

Company: WELLS FARGO BANK

Req Number: R-400147-3

Updated: Thu Sep 19 03:35:17 UTC 2024

Location: CHARLOTTE,North Carolina