About this role:This individual will be responsible for working with the National Retail Risk Team, Market Managers and Market Sales Management teams in the execution around risk, compliance, legal and regulatory adherence. Responsibilities include day-to-day consulting with Market and Branch Managers to ensure compliance with corporate policies and control standards. Provides dedicated support and oversight to one market in Distributed Retail Lending. Interacts with Market Manager frequently to discuss performance within the market regarding deficiencies, recognition opportunities, and consistent messaging during observations from branch visits. Develop strategies and implement tactical activities to minimize or mitigate risk. This role will need to understand at any time what is happening with risk and audit, engage in critical thinking when an issue is elevated and work with key partners and stakeholders to influence strategy on important changes, initiatives, and priorities. Learn more about the career areas and business divisions at wellsfargojobs.com
In this role, you will:- Participate in a variety of assigned and ongoing business operations to ensure success in meeting business goals and objectives
- Identify opportunities for process improvement by conducting root cause testing of all compliance and business metrics
- Determine areas of strength or Business Execution opportunity within defined scope of work
- Review and research strategies and action plans to establish effective processes while meeting performance metrics and policy expectations.
- Utilize independent judgment to guide moderate risk deliverables
- Present recommendations to develop, implement, and monitor strategic approaches, effectiveness of support function, and business performance improvement opportunities for managing risks of the business
- Exercise independent judgment and provide guidance in diverse support functions and operations for a single business group within a line of business
- Collaborate and consult with leaders and executive management
- Provide work direction to less experienced Strategy and Execution staff
- Supports Retail in the achievement of risk and compliance goals through review, oversight, and coaching in regard to policies directly impacting risk performance
- Oversight and monitoring of risk and compliance related performance metrics to identify emerging risk requiring further research and diagnostics
- Provides high level leadership support, oversight and reinforcement around key retail risk initiatives
- Conducts root cause analysis on compliance metrics to determine areas of strength or opportunity and develop an action plan
- Inspects for adherence to national standards and provides feedback to Management Team when there are deviations from standards
- Identify strategic opportunities to enhance processes to further reduce risk
- Communicate risk and compliance strategies, routines, and deliverables.
- Owns Market communication on risk and compliance topics.
- Collaborate with Sales Leaders and teams to drive execution or risk and compliance strategies
Required Qualifications:- 2+ 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.
Desired Qualifications:- 2+ years of Leadership/Sales Home Lending or Strategic Planning experience
- 2+ years of experience in one or a combination of the following: sales, operations or production risk
- Expert knowledge and understanding of home lending regulations, risks, compliance, and controls
- Experience with Wells Fargo's CORE origination system
- Strong Microsoft Office skills, including Excel, PPT, OneNote and SharePoint
- Experience with reporting tools; including Microstrategy and Tableau
- Ability to build strong working relationships across a matrixed organization
- Ability to effectively partner and influence at the executive level
- Excellent verbal, written, and interpersonal communication skills
- Strong analytical skills with an ability to identify operational process inefficiencies
- Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
Job Expectations:- Ability to travel up to 50% of the time.
- This position offers a hybrid work schedule.
- This position is not eligible for Visa sponsorship.
- This position requires compliance with all mortgage regulatory requirements and Wells Fargo's compliance policies related to these requirements. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.
Posting Location:- 2030 Main St, Irvine, CA 92614-7255
Preferred location(s) listed above. Other locations within the Wells Fargo footprint may be considered. Relocation assistance is not available for this position
Irvine, CA - California Pay Range: $80,400 - $143,000 Annually
*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.
$80,400.00 - $143,000.00
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:22 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.
