About this role:
The Corporate & Investment Banking Control organization serves as the front line of risk management and is accountable for assessing and effectively managing all associated risks for their groups. This team works to ensure internal controls, processes, and procedures are adequate and effective, and executive management understands the risks, exposures, and trends that impact the business. The group also collaborates on projects and initiatives by providing support and awareness of risks and mitigating control solutions. This position will be responsible for Front-line Control coverage activities for CIB's Client Lifecycle Management function. The position will support risk identification, risk assessments, and ongoing examination of controls associated with Credit Execution and Administration (CEA) and/or Salesforce and Documentum technology platforms. The CEA Team is responsible for executing the booking process, post-booking and ongoing administration for the deal team acting as the key liaison between the deal team and operations. Learn more about our career areas and lines of business at wellsfargojobs.com .
In this Role you will:

• Serve as a Business Control Management contact for CIB's Credit Execution and Administration function and support the needs of Application Business Owners (ABO's) for Salesforce and Documentum.
• 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.
• Work with the business and support teams to provide operational risk expertise and consulting for projects and platform initiatives, considering impacts to risk & control framework.
• Liaise with Control team partners across CIB, Wholesale Lending Operations, and Global Trade Operations on cross line of business process flows to ensure CIB processes and controls are well defined, effective and sustainable.
• Risk and Control Self-Assessment (RCSA): Contribute to RCSA assessments through detailed risk and control evaluations, and collection of metrics and supporting observations. Partner with Compliance, ORBO, Regional Control teams to ensure major compliance requirements and controls are aligned and developed to mitigate risks. Liaise with Control owners to recommend and update existing controls to improve the overall effectiveness and record in the system of record, as applicable.
• Risk Assessment: Risk Identification, Inherent Risk Assessment, Control Assessment, Root Cause Analysis and Residual Risk Assessment. Conduct risk assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems, technology, and internal controls.
• Control Development: Control Documentation, control evaluation, control implementation and monitoring.
• Issue / Incident Management and Loss Capture: Serve as a point of Control contact for Credit Execution and Administration Team to document and assess control weaknesses and operational risk incidents using methods such as root cause analysis.

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:

• 5 years of Commercial/Corporate lending experience
• 5 years of supporting Application Business Owner requirements
• Risk and Control or Audit based experience with a focus on technology applications and tools
• Demonstrated understanding of source system data and business requirements
• Knowledge of Risk and Control Self-Assessment (RCSA) standards
• Experience with Issue Management, root cause analysis, and corrective action development
• Advanced Microsoft Office Excel and PowerPoint skills.
• Highly organized, 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.

Job Expectations:

• Ability to work onsite three days a week at one of the locations listed below.

Office Locations:

• Charlotte, North Carolina
• New York City, New York

Pay Range

• Charlotte, North Carolina: $111,100-197,500 annually
• New York, New York: $133,300-237,100 annually

Pay Range
$111,100.00 - $237,100.00
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:
15 Feb 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 .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.