Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.
At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
We are seeking a Business Risk and Control Senior Associate who will serve as an important member of the Front Line Control organization and is accountable for assessing and ensuring effective management and control of associated risks for Enterprise Business Resiliency (EBR). This role is part of the team that counsels EBR Leadership on risk and control issues, issue management and remediation and regulatory interactions. This role must foster a collaborative environment that ensures timely communication and strong cooperation between this front line unit and independent risk management under Corporate Risk, and a strong connection with Wells Fargo Audit Services.
Specific responsibilities include:
Supports the development of a strong risk and control culture within the group.
Escalates concerns and issues to senior leadership and the Board as appropriate, following established protocols.
Provides Front Line input to the establishment of enterprise risk programs to ensure risk factors are identified, monitored and considered.
Provides guidance and works closely with the Leaders in the respective organizations in the establishment of controls in alignment with Enterprise and functional policies and standards. Operationalizes those controls consistent with guidance from Risk Control Executive.
Proactively counsels leadership of lines of businesses on new and emerging risks, issue management, and remediation and provides reporting on risks/controls/issues to the respective business leader and Independent Risk Management.
Develop and implement mitigation strategies to address known gaps and deficiencies in an effective and timely manner.
5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management demonstrated through work or military experience
Other Desired Qualifications
Knowledge of Business Resiliency and Disaster Recovery controls
A strong track record and business knowledge in the financial services sector with subject-matter expertise as it pertains to business functions
Demonstrates the ability to make subjective and informed decisions based upon output, influence stakeholders and justify decision making
Understands the respective businesses they are supporting and understanding of related laws/rules/regulations
Strong analytical ability used to identify risks and confidently raise issues and through proper statue and authority will counsel and escalate early and when necessary
Design a control and ways to measure effectiveness
Meaningful knowledge across the enterprise risk management framework, including: risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance
Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the enterprise Risk function and the business
Ability to analyze, problem solve with demonstrated excellence at identifying stakeholders, understanding needs, and driving decision- making/resolution through a consensus building approach
Implement solutions through written action plans, procedures and change management
Deep understanding of ever-evolving governance processes and regulatory environments
Ability to fluently articulate strategy and operations; translating organizational strategies into clear objectives and action
Experience working horizontally across an organization and participating in enterprise-wide implementations of major policy and relevant risk programs
Experience with regulatory reporting
Demonstrated experience working in a rapidly changing and complex environment
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo