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Learn more about the career areas and lines of business at wellsfargojobs.com
About this role:Wells Fargo is seeking a Lead Control Management Officer to join our Wealth and Investment Management (WIM) Control Team. This role will support Wells Fargo Advisors (WFA) control functions and is considered a team lead. You will collaborate with business partners to monitor and assess the operating and control environment on an ongoing basis. A strong desire to learn, high attention to detail, an understanding of key Wells Fargo Advisors (WFA) risks, and excellent communication skills are key to the success of this role. Learn more about our career areas and lines of business at wellsfargojobs.com .
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
- Act as Business Control Manager Assignee on RCSA activities related to the Private Bank and Partnerships team
- Provide committee support for the WFA Conflicts of Interest Committee
- 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
- Support Wells Fargo Advisors (WFA) Leaders in ensuring effective front line risk identification, measurement, monitoring, controls, and mitigation; counseling business leaders on risk, issues, and remediation.
- Maintain deep and dynamic understanding of the key business processes core to the WFA business.
- Identify and assess risks with the business.
- Design new and enhance existing controls in partnership with business owners including effectiveness measures, implementation support, validation of effectiveness post-implementation, and controls evaluation based on defined triggers.
- Trace controls back to formal, documented business procedures owned in the business.
- Provide ongoing monitoring and assessment of the operating/control environment, including business environment changes such as new business initiatives, product change, regulatory change, and/or enterprise policy change.
- Facilitate end to end issues management for functional areas within the Private Bank & Partnerships team
Required Qualifications, US:- 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:- Proven history of establishing end to end risk management solutions and controls aligned with business/customer processes
- Knowledge and understanding of Brokerage industry: control, compliance, risk management, or audit
- Experience working in or closely with Wealth and Investment Management lines of business (or external equivalents) sufficient to demonstrate a working knowledge of their products/services, key processes/systems, and organizational structure
- Strong technical knowledge of risk management frameworks and principles, internal control design objectives, audit/testing/quality assurance methodologies
- Ability to identify root cause of identified issues and evaluate potential mitigation plans
- Strong project management and execution skills, including the ability to manage multiple engagements simultaneously while delivering all commitments on time and with high quality
- Experience leading audit engagements within brokerage and/or investment advisory
- Experience with SHRP Issue Management and leading issue validations
- Excellent verbal and written communication skills and the ability to effectively interact with all levels of management and staff
- Strong organizational, multi-tasking, and prioritizing skills
- Strong analytical and critical thinking skills as well as ability to gain an understanding of and evaluate the internal controls of previously unfamiliar areas
- Strong prioritizing skills with the ability to work independently and on multiple initiatives concurrently
Job Expectations:- Position offers a hybrid work schedule in which you are required to work in office 3 days per week at a minimum in one of the locations listed below
- Relocation assistance is not available for this position
- Visa sponsorship is not available for this position
Locations:Required location(s) listed below.
- 144039 550 S Tryon, floors 30, 39, and 41 Charlotte, NC
- 145223 2710 Pine St F Bldg SAINT LOUIS, MO 63103
- 107689 2850 S Price Rd., E Building, Chandler Campus, 1st floor Phoenix, AZ
- 106312 150 E 42nd St., 35th floor NEW YORK New York Metro Area, NY
The Control Functions adhere to a location strategy, therefore your candidacy may be determined based on your current location. Remote work locations are not available for these roles, so if you are not in a location listed on the posting, you must commit to relocation within an agreed upon timeframe.
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.
$111,100.00 - $237,100.00
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.
