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 CIB Banking Control Senior Lead Officer as part of the Corporate & Investment Banking (CIB) Banking Control organization which is responsible for providing risk and control leadership and expertise across the CIB Banking business. CIB Banking is the relationship management and market development function for Wells Fargo’s Corporate and Investment Bank that is focused on service to multi-national corporate and institutional clients. The business is comprised of industry sector-specialized teams of corporate bankers, investment bankers, and credit portfolio managers; as well as product-specialized debt capital markets (DCM), equity capital markets (ECM), and merger and acquisition (M&A) investment banking teams.

In this role, you will:

• This role will partner across CIB Banking businesses with a focus on Financial Sponsors to provide front line risk and control leadership, drive strategic projects and initiatives, and serve as a senior advisor to Business and Control leadership across a variety of topics. Specific responsibilities include:

• Provide Control Team leadership across Financial Sponsors owned processes, risks, and controls. 

• Develop strong working relationships and continuously engage in discussions with LOB partners on strategy, industry trends, organizational changes to determine impact and identify and remediate risk and control issues across all risk types.

• Implement strategies to influence process owners, control owners, business sponsors, and key risk partners on the need for additional or improved controls to mitigate risk. Provide operational risk expertise and consulting for projects and platform initiatives, taking into account impacts to risk & control framework.

• Play a leadership role in CIB Banking’s Risk and Control Self-Assessment (RCSA) program by owning the execution of multiple Risk Assessable Units (RAUs).

• Escalate, where appropriate, and present risk initiatives and other topics to the CIB Banking Risk Committee and other leadership forums.

• Remain abreast of changes to risk programs, risk profiles, policies, procedures and other governing documents and processes.

• Lead issue management activities in partnership with members of the business and consult with process owners to develop corrective action plans and control redesign. Oversee implementation progress and conduct control evaluation efforts as required. Coordinate with business and support partners for the creation of Self-Disclosed issues in Issues Management system of record.

• Provide control team leadership across a variety of topics including:

  • Marketing, sales activity, and transactional execution with large and sophisticated multi-national corporate clients, publicly traded and institutionally owned, based domestically as well as other global regions.

  • Credit underwriting, origination, distribution, and portfolio management of large corporate credit facilities, including lending-related compliance and capital/data reporting requirements.

  • Securities underwriting and issuance, including both debt and equity instruments.

  • Transaction sourcing, screening, and selection commonly involves access to sensitive material non-public information (MNPI), subject to related regulations, policies, and risks.

  • Conduct and supervision of a large global team of licensed and regulated bankers, requiring focus on handling of MNPI, User Access, e-Communications, and Books/Records.

  • International business teams in foreign locations, requiring control team focus on jurisdictional permissibility, legal entities, and global risk management partnership.

Required Qualifications, US:

• 7 years of Risk Management or Financial Services Industry experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Working knowledge of Corporate & Investment Banking businesses, its products and services, and relevant risks and controls of the business.

• Experience with Issue Management, root cause analysis, and corrective action development.

• Working knowledge of the Company’s governance frameworks including Risk Management Framework concepts and policies across risk types.

• Strong analytical skills with high attention to detail and accuracy used to identify, assess and confidently raise risks and issues, escalate early, and independently engage in constructive credible challenge.

• Highly professional, adaptable and proactive mindset with the ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a fast paced and complex environment

• Strong influencing skills with the ability to communicate effectively (verbal, written and interpersonal) with stakeholders at all levels of the organization.

• Self-starter with the ability to take initiative and work independently with minimal supervision in a structured environment.

Pay Range

Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

Posting End Date:

*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.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.