Lead Control Management Officer - Corporate Risk - Military Veterans
at Wells Fargo
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About this role:
Wells Fargo is seeking a Lead Control Management Officer for Corporate Risk Control team within the Control Management organization. This role will support the Business Group Chief Risk Officers (CROs) for Consumer and Small Business Banking, Commercial Banking, Wealth and Investment Management, Corporate and Investment Bank and Consumer Lending.
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 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 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 ability 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 key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area
- Monitor moderately 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; participate in 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.
Required Qualifications, US:
- 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:
- Risk management and mitigation experience
- 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
- Knowledge and understanding of Shared Risk Platform (SHRP) and Veritas, such as reporting and issue management
- 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
- Knowledge and understanding of Risk and Control Self-Assessment (RCSA)
Job Expectations:
- Ability to work onsite at one of the locations listed below three days a week. Relocation assistance is not available.
Locations:
- Charlotte, NC; Minneapolis, MN; Irving, TX; West Des Moines, IA; Phoenix/Chandler, AZ
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:
29 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:
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.
Minneapolis, MN
At Wells Fargo, we’ve been proudly supporting military veterans and their families for more than 170 years.
We value the leadership, discipline, and skills you’ve gained through your service to our country and recognize the contributions our veteran team members bring to the table. We’re committed to hiring and retaining military veterans, veterans with disabilities, National Guard, Reservists, and Military Spouses.
As a Wells Fargo employee, you’ll find a work culture that is team-oriented, collaborative, structured, and challenging. We support veterans transitioning from military service with a variety of job options, confidential resources, educational information, and career guidance. You may choose to join our Veteran’s Connection Employee Resource Group, a group of thousands who share an interest in veterans’ matters, and that promotes greater awareness and job development within the veteran community. To learn more about opportunities at our company, please visit wellsfargojobs.com/military. Let’s talk about turning your military experience into a great civilian career.