About this role:

Wells Fargo is seeking a Senior Control Management Specialist in Commercial Banking Control supporting Global Receivables & Trade Finance.

This role is aligned to the Global Receivables and Trade Control team and will be a direct report to the team's Control Director. In partnership with other Global Receivables and Trade Control team members, responsibilities will include, risk identification and assessment, control and issue management, control design and evaluation, control reporting and governance, and other control programs. This will include ongoing monitoring and assessment of Global Receivables and Trade operating and control environment; facilitation of issue management activities; and root cause and theme/trend identification leading to proactive issue mitigation. Responsibilities will also include designing controls in partnership with business owners, including effectiveness measures, implementation support, validation of effectiveness post implementation; and controls evaluation based on defined triggers. This position will support the development and preparation of Global Receivables and Trade Control team's governance forums. Additionally, in partnership with business owners, provide control and process expertise to implement key risk management programs into the operating framework of the business.

As the front-line control partner of Commercial Banking, Commercial Banking Control Management develops and supports a strong control environment that leads to early identification and sustainable mitigation of operational risk, through joint accountability with business and process leaders. The control function is responsible for: risk identification and assessment, control and issue management, control design and evaluation, reporting and governance, and control programs. Credit Solutions Control team leads the control management functions for several businesses within Commercial Banking

In this role, you will:

• Participate in identifying, assessing, managing, and mitigating current and emerging risk exposures within Control Management functional area.
• Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes, and business controls.
• 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 or functional area.
• Provide guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and mitigate risk.
• Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations.

Required Qualifications, US:

• 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:

• Knowledge of issue management policy.
• Experience determining the root cause of identified issues.
• Risk and regulatory compliance experience.
• Ability to proactively manage and mitigate issues.
• Regulatory Control knowledge across enterprise risk management framework, including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
• Knowledge and experience with Risk Control Self-Assessment (RCSA) activities
• Experience successfully collaborating with others in a change driven environment.
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.

Job Expectations:

• This position is not eligible for Visa sponsorship.
• Ability to travel up to 5% of the time.
• This position offers a hybrid work schedule.
• Willingness to work on-site at stated location on the job opening.

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.

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.

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.