Wells Fargo
CIB Control EBCE Senior Control Management Specialist
Wells Fargo, Minneapolis, Minnesota, United States, 55400
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 Senior Control Management Specialist to join our Corporate and Investment Banking (CIB) Evidence Based Control Evaluation (EBCE) Control organization. This position will report to the Banking and Business Management (including Market Conduct) Lead for the Corporate and Investment Banking (CIB) group within EBCE. The Front-Line Evidence Based Control Evaluation team is tasked with evaluating whether controls are well-designed and operating effectively by assessing the design and performance effectiveness of a control in mitigating operational risks.
The EBCE process is aligned to the front-line Risk and Control Self-Assessment (RCSA) Program to support a proactive risk management environment in alignment with Wells Fargo’s Risk Management Framework. EBCEs are performed and results are documented in templates and systems of record based on applicable policies, standards, and guidance documentation. The right candidate will be responsible for evaluating controls to ensure proactive self-identification of control deficiencies, providing insight into emerging risks while operating in a very dynamic manner, and connecting and building relationships with key partners.
In this role you will:
Execute control evaluations, in line with policy requirements, covering moderate to complex engagements. Provide thoughtful credible challenge to the business, identifying opportunities to strengthen the control environment.
Design, maintain and perform the control evaluation scripts, identify control deficiencies, document and proactively escalate potential issues to appropriate stakeholders.
Provide risk management consulting to support the business in designing and implementing risk mitigation strategies and business controls
Engage and collaborate with multiple stakeholders across the different lines of defense, building strong and productive business relationship to drive forward the objectives of risk and control programs.
Instill and drive a proactive risk culture, operational excellence and efficiencies.
Required Qualifications:
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:
Experience with Audit or system/ controls testing, including experience executing control evaluation test scripts to assess the design and performance of internal controls
Excellent analytical, problem-solving and decision-making skills, within a dynamic and complex environment.
Ability to build effective relationships and communicate in a clear and professional manner with stakeholders at all levels.
Self-motivated, with a desire to learn; Holds self-accountable for delivering on commitments, proactively escalating concern
Familiarity with testing topics, risk types and Risk & Control Self-Assessment (RCSA), line of business process walkthroughs, test results, researching, and issue identification.
BS/BA degree or higher, or other advanced degree from a top program preferred.
Industry recognized and related professional qualifications such as CPA, CIA, CISA.
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Job Expectations:
This position offers a hybrid work schedule.
This position is not eligible for Visa sponsorship
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
Posting Locations:
300 Highway 169 S, Minneapolis, MN 55426
550 S Tryon St, Charlotte, NC 28202
800 S Jordan Creek Pkwy, West Des Moines, IA 50266
Job posting may come down early due to volume of applicants
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$84,000.00 - $149,400.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date:
8 Nov 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number:
R-411044
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 Senior Control Management Specialist to join our Corporate and Investment Banking (CIB) Evidence Based Control Evaluation (EBCE) Control organization. This position will report to the Banking and Business Management (including Market Conduct) Lead for the Corporate and Investment Banking (CIB) group within EBCE. The Front-Line Evidence Based Control Evaluation team is tasked with evaluating whether controls are well-designed and operating effectively by assessing the design and performance effectiveness of a control in mitigating operational risks.
The EBCE process is aligned to the front-line Risk and Control Self-Assessment (RCSA) Program to support a proactive risk management environment in alignment with Wells Fargo’s Risk Management Framework. EBCEs are performed and results are documented in templates and systems of record based on applicable policies, standards, and guidance documentation. The right candidate will be responsible for evaluating controls to ensure proactive self-identification of control deficiencies, providing insight into emerging risks while operating in a very dynamic manner, and connecting and building relationships with key partners.
In this role you will:
Execute control evaluations, in line with policy requirements, covering moderate to complex engagements. Provide thoughtful credible challenge to the business, identifying opportunities to strengthen the control environment.
Design, maintain and perform the control evaluation scripts, identify control deficiencies, document and proactively escalate potential issues to appropriate stakeholders.
Provide risk management consulting to support the business in designing and implementing risk mitigation strategies and business controls
Engage and collaborate with multiple stakeholders across the different lines of defense, building strong and productive business relationship to drive forward the objectives of risk and control programs.
Instill and drive a proactive risk culture, operational excellence and efficiencies.
Required Qualifications:
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:
Experience with Audit or system/ controls testing, including experience executing control evaluation test scripts to assess the design and performance of internal controls
Excellent analytical, problem-solving and decision-making skills, within a dynamic and complex environment.
Ability to build effective relationships and communicate in a clear and professional manner with stakeholders at all levels.
Self-motivated, with a desire to learn; Holds self-accountable for delivering on commitments, proactively escalating concern
Familiarity with testing topics, risk types and Risk & Control Self-Assessment (RCSA), line of business process walkthroughs, test results, researching, and issue identification.
BS/BA degree or higher, or other advanced degree from a top program preferred.
Industry recognized and related professional qualifications such as CPA, CIA, CISA.
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Job Expectations:
This position offers a hybrid work schedule.
This position is not eligible for Visa sponsorship
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
Posting Locations:
300 Highway 169 S, Minneapolis, MN 55426
550 S Tryon St, Charlotte, NC 28202
800 S Jordan Creek Pkwy, West Des Moines, IA 50266
Job posting may come down early due to volume of applicants
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$84,000.00 - $149,400.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance, critical illness insurance, and accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement
Posting End Date:
8 Nov 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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number:
R-411044