In this role, you will:
- Manage a team of 10-12 BCMs
- Act as key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area
- Responsible to ensure the team is proactively identifying risks and following all the control program requirements (i.e. RCSA execution, trigger events, issues, OREs, incidents, ERIA, initiative adherence, Audit engagements, IT&V, EBCE, etc) timely and with quality
- Become the risk and control subject matter expertise on the service models assigned and underlying L4 processes in their business vertical
- Provide risk management consulting to the business partner and broader team to support the business in designing and implementing risk-mitigation strategies
- 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
- Supports the BCMs in IT&V and Audit reviews to help ensure the conversations stay on track
- Monitor assigned portfolio of control activities and identify any team knowledge gaps and conduct hands on and timely coaching with actionable plans
- Escalate early and often
Required Qualifications :
- 12+ 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
- Experience in Risk Management, Control Management, or equivalent demonstrated through one or a combination of the following: work experience, training, education
Job Expectations:
- Deep risk and control acumen to ensure effective credible challenge
- Ability to monitor and actively coach a team for consistent work product
- Understands the strategy and priorities of the company and key in defining the control team objectives and 3-year road map
- Identify areas of improvement and the plan to accomplish
- Provides guidance on broader team calls and liaison with IRM or Audit
- Willingness to learn and become the risk and control subject matter expert in the business vertical assigned
- Travel in person for workshops during RAU execution for all assigned
Responsibilities : Deliver on core pillars of Control management
- Act as key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area
- Responsible to ensure the team is proactively identifying risks and following all the control program requirements (i.e. RCSA execution, trigger events, issues, OREs, incidents, ERIA, initiative adherence, Audit engagements, IT&V, EBCE, etc) timely and with quality
- Become the risk and control subject matter expertise on the service models assigned and underlying L4 processes in their business vertical
- Provide risk management consulting to the business partner and broader team to support the business in designing and implementing risk-mitigation strategies
- 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
- Supports the BCMs in IT&V, Audit and regulatory reviews to help ensure the conversations stay on track
- Identify and champion efficiency opportunities by considering levers such as process or reporting automation, offshoring, areas where Front Line Control (and/or IRM) activities might be streamlined.
- Instill a sense of urgency in escalating problems
- Embed the management of risk into daily business routines
- Be committed and accountable – live up to our commitments (deadlines) to our customers, employees, shareholders, and regulators
- Complete trainings 2 weeks prior to deadline
Management Responsibilities: Talent, Leadership & Culture
- Successfully manage a team of 10-12 BCMs ensuring active recruiting and filling of open roles with a DE&I focus
- Monitor assigned portfolio of control activities and identify any team knowledge gaps and conduct hands on and timely coaching with actionable plans; improvement in scorecard metrics
- Mentor to the all roles on the team and exudes role model behaviors
- Foster environment where employees trust they can bring forward concerns
- Participate in one volunteer opportunity and encourage the team to do so
- Develop 2 and 3 down management and staff capabilities to establish/enhance the risk and control environment for emerging and in-flight business/industry/regulatory changes for Climate Change, Digitization of lending, cash management and investing lifecycle; control automation; information security & technology shifts. Key Measures: Capture risk drivers, metrics, and thresholds in ERIA and Risk Measurement Program (RMP) program and tools.
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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
