About this role:

　　Wells Fargo is seeking a Senior Control Officer in the Wealth and Investment Management (WIM) - Banking, Lending and Trust (BL&T) Control Team, which is responsible for the implementation and management of the First Line of Defense risk program requirements. Within BL&T Control, this position resides in the Business Aligned Control team and will support the Banking Services and Support team for all aspects of the risk management framework.

　　The position requires a detailed understanding of Risk and Control Identification and Assessment as well as Banking and Lending Products, Platforms, Operations processes and Functions and a strong understanding of inherent risks within the Banking and Lending Operations and Services arena. The role will support business leadership to design and implement first line controls with respect to a variety of regulatory requirements, Wells Fargo policies and industry best practices.

　　In this role, you will:

　　Serve as the Primary Business Control contact for the WIM Banking - Service, Support and Operations groups with proven knowledge of industry, products, services, processes, systems and customers

　　Establish and Develop partnerships with senior leaders from LOB, products and operations to advise and influence strategic decision-making related to sustainable resolution of highly complex issues

　　Collaborate with, guide and counsel LOB process and control owners for Control Assurance requirements, including identifying where controls reside, oversight of control documentation changes, evaluating effectiveness and functioning as liaison to control assurance teams in 1st and 2nd Lines responsible for Testing

　　Collaborate with, guide, and counsel LOB partners on matters relating to the identification, formulation, and implementation of policies and procedures to mitigate regulatory, operational, strategic and reputation risks

　　Ensure a proper LOB profile of applicable regulations and associated controls as well as residual risks and compensating controls are maintained and continuously updated in appropriate systems of record on an ongoing basis

　　Establish the inventory of all relevant business processes, governance channels, internal testing, audit, regulatory engagements and prioritize internal preparation, review routines and the integration with RCSA as applicable

　　Establish regular routines with corporate risk, testing & validation and audit partners to provide transparency into business risk profile and trend

　　Establish a formal communication channel to broadcast risk program updates, risk profiles, policy updates and other key risk program information to the senior leaders of all coverage areas

　　Lead LOB RCSA process(s) and activities and related feeder/governance meetings

　　Establish and update regular risk reports for communication of risk ratings, issues and key topics

　　Conduct risk assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems, technology and internal controls

　　Report risk assessment findings through corporate risk reporting channels and develop business cases to influence control owners and business sponsors on the need for additional or improved controls to mitigate risk as applicable

　　Provide reporting, written and verbal updates to LOB risk oversight councils, WIM and Enterprise risk committees as issues/incidents arise that require escalation

　　Required Qualifications:

　　7+ years of Risk Management or Financial Services Industry experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:

　　Deep understanding of Process, Risk and Control and experience with RCSA (Risk Control Self Assessments)

　　Knowledge across enterprise risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance

　　Working knowledge of Wealth Management Banking businesses, products and services, operations and servicing and relevant risks and controls of the business

　　Working knowledge of the Risk Management Framework (RMF) concepts and policies across risk types (regulatory, financial crimes, credit, operational, etc.)

　　Technical understanding of specific business operations, processes, products, and customer interactions where they manifest risk

　　Ability to conceptualize, develop, and deliver quality analysis and highly actionable management information

　　Demonstrated capacity to pro-actively and independently analyze and solve problems and address risks with the business unit's risk appetite and all risk and compliance program requirements

　　Experience with issue management standards and remediation requirement

　　Experience developing, evaluating, and validating corrective actions to ensure sustainability and adequacy in risk mitigation

　　Job Expectations:

　　Onsite presence is required 3 days a weekPosting End Date:

　　26 Jan 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.

　　Company: WELLS FARGO BANK

　　Req Number: R-332700-2

　　Updated: Sun Jan 21 00:00:00 UTC 2024

　　Location: CHARLOTTE,North Carolina