at Wells Fargo in CHICAGO, Illinois, United States
Job Description
Why Wells Fargo:
This is where your true career begins. We ranked #3 on the 2022 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S. At Wells Fargo, we support employees’ career aspirations and growth. We’re proud of our employee-welfare-centered business approach and our commitment to diversity, equity, and inclusion in the workplace.
We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees. Our customers invest with us, we invest in you. Apply today.
About this role:
Wells Fargo is seeking a Senior Control Management Specialist within Commercial Banking. You will independently manage risk management activities.
In this role, you will:
+ Own and independently manage 1-2 Risk Assessable Units (RAUs), also known as RCSAs
+ Responsible for risk identification, risk measures, control identification/design and ratings applicable to the assigned RAUs in partnership with the RAU Owner within the business
+ Manage all risk management activities association to the RAU (i.e. issues, OREs, process change, etc.) to ensure control requirements are met and adhered too by the business owner
+ Become the risk and control subject matter expertise on the service models assigned and underlying processes
+ Provide risk management consulting 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
+ Integrate yourself in all necessary business routines to ensure your knowledge of the processes is sufficient
+ Monitor assigned portfolio of control activities and escalate when necessary
Required Qualifications:
+ 4+ 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:
+ Relevant, demonstrated experience in Risk and Control Self-Assessment (RCSA)
+ Issues Management Experience (root cause analysis, and corrective action development)
+ Internal or external audit experience
+ Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
+ Ability to exercise independent judgment to identify and resolve problems
Job Expectations:
+ May work alternative hours based on need
+ Travel in person for workshops during RAU execution for all assigned
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, age, 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.
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-279512-5
Updated: Mon May 29 00:00:00 UTC 2023
Location: CHICAGO,Illinois
