About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 20 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
The Control Officer reports to responsible risk management leaders for control activities within Strategy, Digital, and Innovation (SDI). Control functions are accountable to SDI business leaders for ensuring the businesses consistently implements front line risk programs, including for regulatory and enterprise risk.
Specific responsibilities include:
•Identify, assess, and mitigate risks across all risk types across the SDI business, consistent with the Risk Management Framework and WF policies
•Work closely with business leaders to promote a strong risk culture to ensure effective communication and collaborative partnerships
•Design and implement front line controls across major business processes, consistent with policies
•Develop and implement mitigation strategies to address known gaps and deficiencies in an effective and timely manner
•Ensure each assigned SDI business strategic plan includes material risk and associated activities consistent with the Enterprise Risk framework and Statement of Risk Appetite
•Provide input to the design, development, implementation, and maintenance of the overall Wells Fargo Risk Management Framework
•Ensure SDI planned activities are consistent with the Enterprise Risk frameworks, policies, and programs and Risk Appetite framework; and to ensure they are well-calibrated and integrated within the line of business
•Escalate concerns and issues to Senior Leadership, Independent Risk Management, Management Committees, and the Board as appropriate
•Manage relationships and foster a team orientation with business leaders independent risk management, Legal, and Audit
The successful candidate will have ability to distill complex concepts, businesses, and processes across multiple teams into targeted solutions while communicating those concepts effectively and ensuring that all deliverables are met. This risk management expert will identify business problems and build compelling fact-based strategic recommendations. They will also have a demonstrated ability to build and maintain strong credible relationships with key stakeholder groups including the SDI Control Team Executive, SDI Business Unit Group Head and Process Owners, Independent Risk Management, Internal Audit, Legal, and Control Leaders in other lines of business.
•Serve as subject matter expert (SME) for products, services, risks, processes, and controls within Strategy, Digital, and Innovation (SDI) businesses
•Facilitate risk management activities within the front line and ensure compliance with enterprise requirements
•Serve as the primary SDI Control team liaison to business unit heads
•Serve as an advisor to guide business and risk mitigation strategies
•Create an aggregate view of risk across assigned businesses and products
Important Note: This position is currently remote but will be expected to return to the work location at a future point in time.
Please note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo.
Market Skills and Certifications
7+ years of experience in risk management or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management
• DQO0004971 Knowledge/Skills/Ability Excellent verbal, written, and interpersonal communication skills
• DQO0007352 Knowledge/Skills/Ability Strong analytical skills with high attention to detail and accuracy
• DQO0004430 Knowledge/Skills/Ability to articulate complex concepts in a clear manner
•DQO0004495 Knowledge/Skills/Ability to develop partnerships and collaborate with other business and functional areas
• DQO0012100 Ability to be flexible and adjust plans quickly to meet changing business needs
Other desired qualifications
•Strong business knowledge in the financial services sector, and a record of high performance in delivering solutions and controls aligned to business / customer processes.
•In-depth understanding of risk measurement needs (ex. Risk Appetite and KRI measures) for a new Front Line group, and the ability to create and own reporting solutions for these needs across SDI.
•Ability to develop holistic data-driven reporting solutions to address control deficiencies across multiple risk data categories (Issues Management, Risk Identification & Assessment, Risk Measurement, RCSA, BPM, ORE, NBI, and more).
•Experience with development of management reporting (ex. Executive-level PowerPoint presentations) and management reporting tools/capabilities (ex. Tableau dashboards, MicroStrategy, Python) including trend/concentration visualization, risk analytics, and all associated data governance activities.
•Ability to make informed decisions based on identified risks, and confidently raise issues to counsel SDI leadership with justifiable recommendations on new / emerging risks.
•Ability to take initiative and determine relative importance of priorities without needing to be asked.
•Strong leadership and project management skills for interaction with and driving alignment across stakeholders at all levels of the SDI organization.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate. 67844
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 so committed to hiring and retaining military veterans, veterans with disabilities, National Guard members, and Reservists that we’ve made it our goal is to employ 20,000 veterans by 2020.
As a Wells Fargo team member, 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 Team Member Network, 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.