Job Information
Wells Fargo Small & Business Banking Lead Control Management Officer in WEST DES MOINES, Iowa
Why Wells Fargo:
This is where your true career begins. We ranked #2 on the 2023 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 Lead Control Management Officer to join the Small & Business Banking Control Team.
The Small & Business Banking Control team with oversight for Small Business Relationship Banking (SBRB) and Sales Execution is responsible for partnering with the business to identify, assess, manage and mitigate current and emerging risk exposures associated with their processes.
Leveraging robust risk management acumen, we support the business through execution of core responsibilities in the business Risk and Control Self-Assessment (RCSA), engaging in the design and implementation of risk mitigation activities/strategies through Issue Management and evaluation of readiness and control plans (RACP), while also caring for the customer experience.
The Lead Control Management Officer proactively engages with business process owners and stakeholders to understand risks associated with various business process, to evaluate effectiveness of controls and self-assurance activities, and to engage in designing/developing/augmenting business controls, while keeping small business customers and the bankers who develop and manage customer relationships at the center of focus.
In this role, you will:
Establish and develop partnerships with business leaders from the line of business to advise and influence strategic decision-making related to sustainable resolution of highly complex issues
Facilitate end-to-end issue management by providing risk management and business subject matter expertise and coordinate with the business to self-identify issues, develop corrective actions, document applicable controls in accordance with enterprise standards, and coordinate the issue closure process.
Lead Business Control Management team’s Risk and Control Self-Assessment (RCSA) activities for complex RAUs
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
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
Develop and implement risk monitoring and risk reporting processes and controls
Lead Control Management project or virtual teams
Required Qualifications:
- 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 Experience with Risk and Control Self-Assessment (RCSA)
Strong experience with Issues Management, including design of controls and managing corrective actions
Experience with Small Business and/or Middle Market Banking relationship management
Ability to grasp complex business issues quickly, recommend solutions, and drive for resolutions
Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place.
Ability to work independently in a virtual team environment where other team members, team management, and business partners are in multiple locations
Ability to take on a high level of responsibility, initiative, and accountability
Strong ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders
Ability to develop partnerships and collaborate with other business and functional areas
Ability to provide leadership to a matrixed organization environment
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
Job Expectations:
- The selected candidate must be located in one of the listed work locations; this position is expected to work on site 3 or more days per week per Wells Fargo's standard operating model.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$111,100.00 - $197,500.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date:
20 Nov 2024
* Job posting may come down early due to volume of applicants.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-405347
Wells Fargo
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