About this role:Wells Fargo is seeking a Business Execution Senior Managers in Corporate Credit Risk Management. This position will be responsible for developing, implementing, and executing business initiatives and programs, as well as serving as advocates for Wells Fargo's vision and business plans across business groups with a focus on the following. This role will report to Head of Credit Strategy, Planning and Governance.
In this role, you will:- Manage and develop a small team of Business Execution Consultants while ensuring successful planning, integration, impasse resolution, and measurement of operations with moderate to high complexity and visibility.
- Manage the overall governance and controls framework for certain Credit Risk processes
- Ensure controls framework is fit for purpose for Chief Credit Officer verticals, specifically the RCSA and monitoring framework
- Provides project support to ensure execution under Issues and Corrective Action Plans
- Ensure adequate oversight and management of internal and external audits, including Regulatory, and Internal Audit
- Engage with Credit Risk verticals to understand any concerns regarding execution of the control environment and/or other applicable emerging concerns which will need to be addressed by the team
- Interface with Credit Risk verticals to develop and assess adequacy of KPI/KRIs to drive scorecard metrics and facilitate the reporting of results and trends
- Coordinate the efficient execution of committee and rating agency materials
- Support the broader Chief Credit Officer verticals on strategic initiatives/projects as appropriate
- Engage functional leaders to obtain resources, influence outcomes, address conflict, and ensure alignment with Wells Fargo's policies and business line objectives.
- Identify potential risks when implementing change along with developing mitigation strategies and plans.
- Recommend opportunities for Business Execution process improvement.
- Determine appropriate strategies and actions of multiple business groups to meet moderate to high complex deliverables.
- Interpret procedures and processes, and provide leadership to strategize and execute a variety of programs, services, and initiatives that are significant in scope, complexity, and risk.
- Collaborate with and influence functional business partners, leaders, and executive management to provide support and drive strategic initiatives for the business.
- Manage allocation of people and financial resources for Business Execution.
- Develop and guide a culture of talent development to meet business objectives and strategy.
Required Qualifications:- 6+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 3+ years Management experience
Desired Qualifications:- Knowledge of Corporate Risk and/or Corporate Credit Risk.
- Knowledge of Risk Management Framework and relevant policies and procedures.
- Strong operational risk management knowledge and practical application (e.g. issues management, RCSA and monitoring design)
- Experience in effectively engaging with banking regulators, and Internal Audit
- Thorough knowledge of Wells Fargo's systems and operational infrastructure
- Proven experience in facilitating the execution of key processes that enable prompt execution of the monitoring and management of risks
- Ability to provide strategic insights and strong sensitivity to macro and regulatory issues, and impact of such issues on the various risk families, including operational and franchise risks
- Experience working with team members of all levels, including senior executives (OC+1).
- Experience leading governance programs, such as committees, RCSA, QCA, issues management, ERIA, ERR and other risk programs.
Posting Locations:- 401 S Tryon Street, Charlotte, North Carolina
- 250 E. John Carpenter Frwy, Irving, Texas
- 600 S. 4th St, Minneapolis, Minnesota
- 1150 W Washington, Tempe, Arizona
- 800 S. Jordan Creek Pkwy, West Des Moines, Iowa
- 114 N Beaumont St, Saint Louis, Missouri
Job Expectations:- Ability to work at the approved location(s) in the job posting.
- This position offers a hybrid work schedule.
*Job posting may come down early due to volume of applicants. Pay RangeReflected 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.
$120,400.00 - $250,000.00
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:17 Nov 2024
* Job posting may come down early due to volume of applicants. We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
