Business Accountability Specialist - Securities Based Lending

About this role:

Wells Fargo is seeking a Business Accountability  specialist in Securities Based Lending team with Banking, Lending and Trust with Wealth and Investment Management.  Learn more areas and lines of business at wellsfargojobs.com.

In this role, you will:

• As a Business Accountability Specialist in Securities Based Lending team you will support standard Bank PCL origination review work as well as serving as a key control and Financial Advisor (FA)-facing function, requiring direct coordination with Legal, Compliance, Operations, and Financial Advisors on time-sensitive and complex matters, including bankruptcies, escalations, and transactions nearing critical deadlines.
• Support complex advisor interactions and escalations that require direct, real-time engagement with Financial Advisors.
• Perform critical same-day control activities and regulatory processes that depend on late-day reporting and immediate issue resolution.
• Serve as an essential escalation and support point for offshore partners when advisor outreach and rapid decision-making are required.
• Participate in research, assessment, and documentation of matters relating to the business’ policy and regulatory adherence, risk mitigation, or control efforts; identify patterns and trends and looks for opportunities for procedural or control improvements within area of focus
• Conduct assessments and analysis of basic business or operational outcomes, systems of record, technical assignments, documentation, procedures, or challenges that require research, evaluation, and selection of alternatives; exercise independent judgment to guide completion of medium risk deliverables
• Present concise and well-articulated findings and recommendations, including rationale, to facilitate resolution of identified matters; exercise independent judgment while developing expertise in the risk mitigation or control activities of the business
• Engage in additional research and studies to enhance regulatory knowledge
• Participate in cross-organizational or internal operational initiatives and improvement efforts

Required Qualifications:

• 2+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following:  work experience, training, military experience, education

Desired Qualifications:

• Associate's degree in Business, Finance, Accounting, Economics, or a related field.

• Experience of Securities Based Lending products and regulations
• Strong knowledge of Business formations documents and Trust documents to determine control, authorization, and ownership
• System Knowledge of Advisory Gateway
• Intermediate Microsoft Office (Teams, Word, Excel, Outlook, PowerPoint)
• Intermediate Microsoft Excel skills, including data review, reporting, reconciliation, and tracking controls
• Strong verbal and written communication skills with the ability to interact effectively with Financial Advisors, Legal, Compliance, Operations, and Risk partners.
• Strong organizational and time management skills with the ability to manage multiple priorities, deadlines, and escalations
• Strong attention to detail and commitment to risk management, governance, and regulatory compliance.
• Ability to work independently while ensuring daily, monthly, quarterly, and annual control activities are completed accurately and on time.  
• Ability to work independently, ensuring daily, monthly, quarterly and annual reviews/controls are met
• Ability to multi-task efficiently with daily, monthly, quarterly and annual responsibilities

Job Expectations:

• This position offers a hybrid work schedule
• This position is not eligible for Visa sponsorship
• Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

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.