Senior Lead Business Accountability Specialist

About this role:

Wells Fargo is seeking a Senior Lead Business Accountability Specialist who will be responsible for reducing risk and improving control effectiveness and policy compliance through a unified approach and will be an integral part of the Wholesale Workout team.  You will perform assurance activities to validate systems and processes meet regulatory requirements and internal controls.  The role will provide guidance to the business, helping them integrate risk and compliance into daily operations.  The Senior Lead Business Accountability Specialist will guide risk management initiatives and issue management to strengthen our risk posture and ensure compliant operations throughout the organization.  They will also provide risk reporting to senior leaders and relevant stakeholders, summarizing key risks and mitigation progress.

In this role, you will:

• Project manage Risk and Control Self-Assessment (RCSA) refresh activities. This includes ensuring the continued accuracy of risks, controls, control procedures and major control requirements.
• Provides oversight and monitoring of business group risk-based compliance and operational risk programs. Key programs you may execute on include SCRA, Fair Lending, Reg O, Reg W, Reg U, Complaints, Remediation, Redress, ADCON and Third Party.
• Oversee issue management for the business. This includes pre-vetting issues and assisting the business with developing and executing on appropriate corrective actions to ensure successful closure and validation of issues.
• Develop and refresh business procedures, job aids and control procedures that align with Enterprise policy and compliance requirements. Provide training to the business on compliance and operational risks topics as needed. Work closely with Corporate Risk Policy Liaisons to ensure impacts of policies to Workout are understood.
• Work with complex business units, rules, and regulations on moderate to high-risk compliance matters and projects as needed.
• Exam management responsibilities including interfacing with Audit, Legal, and risk partners on risk related topics.
• Develop, oversee, and provide independent credible challenge to standards with subject matter expertise.

Required Qualifications:

• 7 years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• 2 years’ experience with Issue Management.

Desired Qualifications:

• Ability to influence across all organizational levels, particularly senior management.
• Strong organizational, multi-tasking, and prioritization skills.
• Ability to execute in a fast paced, high demand, environment while balancing multiple priorities.
• Ability to deliver concise, time critical information to all levels of management, and business teams.
• Experience with RCSA or other risk management frameworks in the financial services industry.
• Experience with operational risk, audit, compliance, and/or controls in the financial services industry.
• Experience with commercial loan workout and/or commercial lending at a large financial institution.
• Self-starter, with a strong sense of initiative and a high-level attention to detail.  Must be able to identify, assess the impact of, and correct or offer solutions to potential errors or problems.
• BA/BS degree or higher in accounting, finance, economics, etc…
• Ability to provide credible challenge and candor to peers.

Job Locations:

• 401 S. Tryon Street - Charlotte, North Carolina
• 600 S. 4th Street - Minneapolis, Minnesota

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position is not eligible for Visa sponsorship.
• This position offers a hybrid work schedule.

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.