Wells Fargo Bus Risk & Control Sr Mgr in Fort Mill, South Carolina
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At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
For more than 160 years, Wells Fargo has been in the risk management business. It's central to what we do, and it's never been more important. If you have a passion and desire to understand and help mitigate risk, you will be interested in reading further.
Who We Are…
We evaluate whether controls are well-designed and operating effectively. Our approach is tailored based on Risk and Control Self-Assessment (RCSA) data, and it supports proactive risk management in alignment with the Risk Management Framework. We perform evidence-based evaluations and document our outcomes based on applicable policies and standards.
What we are looking for…
We have an exciting opportunity to fill 3 open positions for this role that will be aligned to different business groups and enterprise functions across Wells Fargo. Specifically these positions will report to the Control Executive organizations for:
•Corporate and Investment Banking (CIB)
•Wealth and Investment Management (WIM)
We are looking for employees to perform evidence-based control evaluations. This process may involve sampling and inspecting evidence to assess the design and operating effectiveness of controls and whether they are mitigating their assigned risks.
We are looking for a Business Control Senior Manager to join our team and bring prior control design and operating effectiveness assessment experience to the Front Line. The right candidate will be responsible for evaluating controls to ensure proactive self-identification of issues and events, root cause analysis, resolution of control deficiencies and provides insight into emerging risks while operating in a very dynamic manner, connecting and building relationships with key partners.
The accountabilities of this position include, but are not limited to:
•Identify, assess and mitigate risks across all risk types, in coordination with LOB and assurance activities consistent with the risk management framework and policies established by Independent Risk Management.
•Leads control evaluations, which may vary in complexity and risk level, and perform quality reviews of these evaluations. Broad understanding of quality reviews to ensure the accuracy of evaluation scope, test scripts, assessment results, and control deficiencies identified.
•May lead the development, maintenance and execution of control evaluation test scripts and evaluation strategies. Ensures control evaluations are completed on schedule. Maintains and executes the Evidenced-Base Control Evaluation Plan.
•Assesses, documents, and communicates emerging risks, themes and identified control deficiencies to management and risk partners in a timely manner.
•Confirms any control deficiencies discovered during the completion of the control evaluation are properly documented and follow through on reporting, escalation, and resolution.
•Cultivates strong relationships with team and collaborate effectively. Ensures coordination with team, line of business, other business units, Audit, and regulators on risk related topics and provide risk perspective and recommendations as appropriate.
•Completes applicable documentation in accordance with requirements.
•Work closely with each of the Control Executive program leaders to lead and promote a strong risk culture to ensure effective communication and collaborative partnerships.
•Manages internal collaboration with the team, corporate, line of business, and risk partners. Manages external collaboration with third party service providers and industry partners on risk related topics.
•Creates a culture of excellence by proactively attracting, retaining and developing a team of talented and diverse professionals.
•Extensive knowledge of industry standards and best practices around control evaluations and risk management processes.
•Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
•An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.
•Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
•Solicits and aggregates emerging risks from teams as control evaluations are performed.
•Interfaces internally with the team, corporate, line of business, and risk partners. Interfaces externally with third party service providers and industry partners on risk related topics.
•Dynamic leader role who may lead project/virtual teams and mentor less experienced employees.
•Manages a team of Managers, Associate Managers, Senior Officers, Officers, Senior Associates, and Associates or cross-functional teams in accomplishing goals.
As an Employee Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:
• Lead your team with integrity and create an environment where your employees feel included, valued, and supported to do work that energizes them.
• Accomplish management responsibilities which include sourcing and hiring talented employees, providing ongoing coaching and feedback, recognizing and developing employees, identifying and managing risks, and completing daily management tasks.
10+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 10+ years of financial services industry experience, of which 7+ years must include direct experience in risk management
3+ years of management experience
- Audit or internal controls testing experience
Other Desired Qualifications
Experience in building and managing teams, developing talent, and providing strong, proactive leadership.
Proficient at effectively working and collaborating with teams within a matrixed organization.
Experienced in building constructive and effective relationships. Delivers on commitments and renegotiates when needed. Strong sense of accountability.
Broad understanding of risk types, methodologies and frameworks for evaluating or testing controls and assessing results, conducting research, and identifying control deficiencies.
Experience drafting and executing control evaluation test scripts to assess the design and performance of internal controls.
Creates and mentors on building constructive and effective relationships.
Experience implementing control evaluation methodologies to support the target state.
Experience evaluating the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; additional experience analyzing business and/or systems changes to determine impact.
Familiar with various quality assurance techniques.
Risk management experience with demonstrated leadership skills and ability to drive improvements.
Proficient at influencing and consulting strategically across a large organization and with various levels of leadership/stakeholders.
Balance strong, innovative problem solving skills with the practical ability to implement workable solutions to problems in a fast-paced, deadline driven environment.
Strong risk and control fundamentals.
Effectively communicates in both written and verbal formats with senior executive-level leaders.
Extensive understanding of operational risk management in the financial services industry.
Experience in assessing risk, reviewing risk ratings, and identifying control deficiencies.
Demonstrated negotiation skills, especially with difficult topics when partnering with senior management. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary.
Ability to synthesize data from a variety of sources and deliver results quickly.
Demonstrated ability to deliver high quality output from self and team.
SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC
TX-DAL-Downtown Dallas: 1445 Ross Ave - Dallas, TX
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Company: Wells Fargo
Req Number: 5557128-1
Updated: 2020-11-23 22:18:42.049 UTC
Location: Fort Mill,SC