Senior Control Management Specialist

Why Wells Fargo:This is where your true career begins. We ranked #3 on the 2022 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 todayAbout this role:Wells Fargo is seeking a Senior Control Management Specialists to join the Small Business Banking Control Team supporting: Small Business Change Management, Small Business Operational Excellence (Performance and Quality), Small Business Growth & Strategy/Business Development, or Small Business Product Management. The Small Business Banking Control team 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 in designing and implementing risk mitigation strategies, business processes and controls that mitigate/manage risks to an acceptable level while also caring for the customer experience.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; to effectively manage change, execute control monitoring, report findings and develop business cases to influence management on the need for control implementation or modification to mitigate risk.• Engage in business process and control design and assessment. Identify and partner with process owners and Operational Excellence partners to address gaps.• Engage in Issue Management activities, participate in root cause analysis, and evaluate timing and appropriateness of proposed corrective actions.• Evaluate the quality of design and performance of monitoring activities.• Proactively engage with business process owners and stakeholders to understand risks associated with various business processes and strategic initiatives, to evaluate effectiveness of controls , 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. To be effective, you must demonstrate the ability to build solid relationships with key business partners, communicate skillfully, and provide credible challenge to partners and management in a compelling manner.• Collaborate with relevant business group to identify current and emerging risks associated with business activities and operationsRequired 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, educationDesired Qualifications:• Experience or participation in Risk & Control Self-Assessment (RCSA) methodologies• Experience with issue management activities including root cause analysis and corrective action planning and monitoring• Experience in understanding and documenting unfamiliar processes in order to identify key risks, identify and evaluate controls and provide consulting to remediate control deficiencies.• Ability to grasp complex business issues quickly, recommend solutions, and drive for resolutions• Experience with process mapping, risk and control assessments to identify and evaluate exposures and potential risks• Knowledge and understanding of Shared Risk Platform (SHRP) and Veritas such as reporting and issue management• Experience with product management change activities and/or product risk assessments• Strong understanding of policies, procedures, and programs to ensure appropriate and effective risk mitigation controls are in place.• Ability to develop partnerships and collaborate with other business and functional areas• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment• Ability to identify and evaluate trends, isolate root cause, and provide swift/thorough resolution• Strong analytical skills with high attention to detail and accuracy• Excellent verbal, written, and interpersonal communication skills• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills• A BS/BA degree or higherJob Expectations:• Position offers a hybrid work schedule in which you are required to work in office 3 days per week at a minimum in one of the locations listed below• Relocation assistance is not available for this position• Visa sponsorship is not available for this positionJob Locations:• 150496- 800 S Jordan Creek Pkwy, West Des Moines, IA 50266• 109667- 600 S 4th St Minneapolis, MN 55415• 144039--550 S Tryon, Charlotte NC 28202• 101497 11601 N Black Canyon Hwy, 1st floor, Phoenix, AZ• 107689 2850 S Price Rd., Chandler, AZ• 107555- 250 E John Carpenter Frwy ,Irving (Dallas)TX 75062• 145784- 4101 Wiseman Blvd, Bldg 308 San Antonio, TX 78251The Control Functions adhere to a location strategy, therefore your candidacy may be determined based on your current location. Remote work locations are not available for these roles, so if you are not in a location listed on the posting, you must commit to relocation within an agreed upon timeframe.Posting End Date:26 Sep 2024• Job posting may come down early due to volume of applicants.We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our 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.