Job Description

About this role: Wells Fargo is seeking a Control Management Specialist Business Control Management: Covers jobs responsible for partnering with their relevant business group todevelop and maintain a strong control environmentleading to theearly identification and sustainable mitigation of operational risk. Responsible for Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies, Control Governance & Reporting, and Control Programs. The Consumer Lending Business Controls team is responsible for delivering a more consistent approach to business groups, strengthening the company\'s risk and control infrastructure, Required Qualifications: 4 - 10 years of experience in risk management or 7+ years of financial services industry experience B Com, BBM, MBA, M Com with Business, Finance, Banking, Accounting or Economics as preferred major subject. Understanding of Consumer Banking products and services Deposits, Checking and DDA, Home Loan, Servicing, Credit and Merchant Services, Personal Loans and Auto Loans. Desired Qualifications: Knowledge and understanding of operational risk management in the financial services industry Ability to evaluate changes to laws, processes, etc. to assess impacts and to develop implementation plan to close gaps Comprehensive understanding of operational risk management and or operations process management Understanding of US consumer law Strong leadership skills with the ability to interact and lead discussions comfortably with senior levels of management and regulators Knowledge and understanding of financial services: regulations, compliance, policies, process, and procedures Ability to consult, build, and maintain solid working relationships in and outside of immediate department Ability to manage initiatives involving process improvements Excellent communication skills and ability to articulate complex material to a diverse audience Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals Ability to prepare management level presentations Ability to lead projects/initiatives with high risk and complexity In this role, you will: Participate in mitigating current and emerging risk exposures associated with the activities and operations of the assigned business group, and identify opportunity for process improvements within the scope of defined business control responsibilities Review and analyze basic business challenges that require research, evaluation, and selection of alternatives Develop and implement risk monitoring, risk reporting processes, and controls while evaluating and reporting results where necessary Present recommendations for resolving complex situations and exercise independent judgment while developing Control Management functional area expertise Provide support in the interpretation of policy, guidelines, and governance programs as front line liaison to Independent Risk Management area Collaborate and consult with Control Management team and key stakeholders, including internal customers Posting End Date: 30 May 2024 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. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit . Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our to learn more.

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