| Job Description : |
About this role:
Wells Fargo is seeking a Lead Control Management Officer to join our Wealth and Investment Management (WIM) Client Relationship Group (CRG) 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 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
Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area
Develop and implement risk monitoring and risk reporting processes and controls
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 WFA Leaders and CRG Control Leader 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 CRG.
Develop action plans and validate sustainability.
Identify appropriate root cause and any relevant themes/trends to lead to proactive risk mitigation.
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:
Strong organizational, multi-tasking, and prioritizing skills
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
Bachelor’s degree in either accounting or finance
Excellent verbal and written communication skills and the ability to effectively interact with all levels of management and staff
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
Officer should have or be willing to obtain NASD Series 7 securities registration
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, or status as a protected veteran.
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. |
