Senior Control Management Specialist - CIB Operations Control

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About this role:

The Corporate & Investment Banking Ops Control organization serves as the front line of risk management and is accountable for assessing and effectively managing all associated risks for their groups. This team works to ensure internal controls, processes, and procedures are adequate and effective, and executive management understands the risks, exposures, and trends that impact the business. The group also collaborates on projects and initiatives by providing support and awareness of risks and mitigating control solutions. As part of the CIB Ops Control team, this role will focus on direct support of RCSA, Issues Management, ORKI, business enablement and other risk program initiatives for organizations under CIB Ops.

Successful candidates will be articulate and possess a demonstrated leadership capability; they will be impressive in their inter-personal effectiveness and with regard to their accomplishments. Crucial to the role are strong relationship management, influencing, vision, execution skills, a sense of urgency, passion for results, and personal accountability for achievement. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed corporate environment.

The candidate will work closely with other senior leaders across CIB Control and CIB Ops, and risk and operational partners from elsewhere in the company in the development and execution of company risk management strategies.

In this role, you will:

• Provide alignment to one or more coverage areas across Securities Operations, Derivs & Middle Office Operations, Account Onboarding, Tax Operations, FX Operations, Non-Financial Regulatory Reporting Operations, Transaction Reporting Operations, new products, fraud, and other line of businesses supported for by the CIB Operations teams

• Serve as a business control management BCM within the control team, with proven knowledge of applicable products, services, processes, systems and customers

• Continuously engage in discussions with operations partners on strategy, industry trends, organizational changes, and new/modified markets, systems, products and services, to determine impact and identify and remediate risk control issues across all risk types

• Contribute to team coverage of engagements such as internal audits, external exam and other control reviews. Ensure Operations awareness and preparations as applicable

• Monitor, measure, evaluate, and report impact of decisions and business controls to the relevant business group and enterprise function

• Lead the strategy and resolution of highly complex current and emerging risks requiring in depth evaluation across multiple areas or the enterprise, as well as good understanding of data management and other operational risks

• Lead efforts for issues and corrective actions identified during engagements inclusive of root cause identification, issue intake, alignment of corrective actions as well as any related intake and closure requirements

• Communicate the pipeline of engagements, issues and any related requirements to ensure that internal and external timelines are met

• Collaborate with Operations partners on control design, implementation and monitoring

• Ensure appropriate connectivity, linkage, and integration with in-region international risk management teams

• Partner with business control managers and the business to maintain the business process inventory

• Conduct risk assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems, technology and internal controls

• Awareness and involvement in regulatory change control, and alignment of related controls

• Contribute to governance routines and management reporting leveraging RCSA data

• Partner with business control managers to ensure that the RCSA and related risk and control profiles are maintained following any engagements/related issues and corrective actions

• Manage RCSA triggers, including the assessment of RCSA

• Coordinate with business and support partners for creation of Self-Disclosed issues in Issues Management system of record

• Control Development: Control Documentation, control evaluation, control implementation and monitoring

Required Qualifications:

• 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

Desired Qualifications:

• Advanced Microsoft Office (Excel and PowerPoint) skills

• Knowledge and understanding of risk applications i.e.  Shared Risk Platform (SHRP) and Service Now (SNOW) and Veritas

• Knowledge and understanding of internal controls and internal control policy

• Experience with RCSA, risk/control identification and assessment, and enterprise risk frameworks

• Strong domain knowledge of Investment banking operations is desirable

• Ability to synthesize data and/or observations from a variety of, often disparate and unconnected, sources, deliver succinct summaries (both verbal and written), and enact responses quickly

• Exceptional interpersonal and relationship building skills to effectively influence all organizational and leadership levels, where flexibility, collaboration, and adaptability are a must

• Highly organized and proactive with demonstrated ability to assess, exercise independent judgment, apply prudent risk management principles, prioritize work to meet deadlines, and proactively escalate when necessary

Job Expectations:

• Ability to travel up to 10% of the time

• This position offers a hybrid work schedule

• Ability to work at one of the posting locations

• Relocation is not offered for this role

Posting Locations:

• Charlotte, NC

• New York, NY

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.

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:

*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.