About this role
Wells Fargo is seeking a Lead Control Management Officer to join the Small Business Banking Control Team.
The Small Business Banking Control team with oversight for Small Business Relationship Banking (SBRB) and Small Business Development is responsible for partnering with the business to identify, assess, manage and mitigate current and emerging risk exposures associated with their processes.
Leveraging robust risk management acumen, we support the business through execution of core responsibilities in the business Risk and Control Self-Assessment (RCSA), engaging in the design and implementation of risk mitigation activities/strategies through Issue Management and evaluation of readiness and control plans (RACP), while also caring for the customer experience.
The Lead Control Management Officer proactively engages with business process owners and stakeholders to understand risks associated with various business process, to evaluate effectiveness of controls and self-assurance activities, and to engage in designing/developing/augmenting business controls, while keeping small business customers and the bankers who develop and manage customer relationships at the center of focus.
In this role, you will:
- Lead complex initiatives designed to mitigate current and emerging risks with broad impact
- Act as key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area
- Monitor moderately complex business specific programs, and provide risk management consulting to support the business in designing and implementing risk-mitigation strategies
- Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area
- Develop and implement risk monitoring and risk reporting processes and controls
- Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations, and provide guidance in developing and implementing risk-mitigating strategies
- Lead Control Management project or virtual teams
Required Qualifications
- 5+ 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
- Strong Experience with Risk and Control Self-Assessment (RCSA)
- Strong experience with Issues Management, including design of controls and managing corrective actions.
- Experience with Small Business and/or Middle Market Banking relationship management.
- Ability to grasp complex business issues quickly, recommend solutions, and drive for resolutions.
- Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place.
- Ability to work independently in a virtual team environment where other team members, team management, and business partners are in multiple locations.
- Ability to take on a high level of responsibility, initiative, and accountability.
- Strong ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders.
- Ability to develop partnerships and collaborate with other business and functional areas.
- Ability to provide leadership to a matrixed organization environment.
- Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills.
Job Expectations
- The selected candidate must be located in one of the listed work locations; this position is expected to work on site 3 or more days per week per Wells Fargo's standard operating model.
Posting End Date
13 May 2024
- 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.
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 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.