Control Management Specialist

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About this role...

Wells Fargo is seeking a Control Management Specialist supporting our Consumer group. This role is part of the Evidence Based Control Evaluation (EBCE) team that evaluates whether controls are well designed and operating effectively. Our approach is tailored based on Risk and Control Self-Assessment (RCSA) and supports proactive risk management in alignment with the Risk Management Framework.

We perform evidence-based control evaluations which involve sampling and inspecting evidence to assess the design and operating effectiveness of controls and whether they are mitigating their assigned risks. This role will execute control evaluations which include conducting interviews with business partners, developing control narratives based on the walkthroughs, creating specific test scripts, formally documenting results and evidence, and reporting on findings.

In this role, you will:

• Evaluate controls across all risk types consistent with the RCSA policy established by Independent Risk Management and the Front Line RCSA Procedures.
• Execute evidence-based control evaluations (i.e., control testing) in an effective manner and on schedule.
• Conduct and document walk-throughs of controls with control owners and business aligned control team members.
• Identify appropriate data, populations, samples, and other documentation needed to support the execution of the EBCE design and performance evaluation.
• Develop and execute test scripts needed to evaluate the control performance aligned with the associated risk types.
• Escalate any potential control gaps discovered during the completion of control evaluations to an evaluation lead.
• Escalate schedule delays to the evaluation lead and look for opportunities to remediate schedule issues.
• Complete applicable documentation under limited supervision and in accordance with requirements.
• Build relationships with team members and business/control partners to collaborate effectively in a dynamically changing environment.

Required Qualifications, US:

• 2 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:

• Audit or internal controls assessment experience
• Experience creating and executing control evaluation test scripts to assess the design and performance of internal controls.
• Familiarity with risk types, methodologies, and frameworks for evaluating or testing controls and assessing results, conducting research, and identifying control deficiencies.
• Ability to identify gaps through risk-based testing.
• Experience developing partnerships and collaborating with other business and functional areas.
• Ability to assess issues, make quick decisions, implement solutions, and influence change.
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
• Ability to take on a high level of responsibility, initiative, and accountability.
• Excellent verbal, written, and interpersonal communication skills.
• Outstanding problem solving and decision-making skills.
• Strong analytical skills with high attention to detail and accuracy
• A BS/BA degree or higher

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.
$63,600.00 - $124,300.00
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:
9 Feb 2025

• 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.