Apr 05, 2020
Job Description Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application. 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. Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses. Wholesale Control (WC) The Wholesale Control (WC) organization serves as the front line risk management organization within the Wholesale Banking group of Wells Fargo supporting the Wholesale businesses with risk strategy, implementation, and execution. The Wholesale Control team is accountable to assess and effectively manage risks across all risk types and Wholesale businesses delivering an integrated view of risks, producing a sustainable control environment, and instilling a culture of strong risk management. The team is responsible to identify and assess risks, design and implement controls, and execute and monitor the controls to ensure they are working effectively to manage risk across Wholesale. Wholesale Control interfaces with Independent Risk Management and Audit to drive comprehensive and consistent implementation of regulatory and corporate risk policies and programs across Wholesale. The Role The Wholesale Chief Operating Office (WCOO) Control team - part of the larger Wholesale Control organization - has a new opportunity for a Business Risk and Control Senior Associate to support the business side of Operational Risk Program activities; including the Business Process Mapping Program(BPM). The Wholesale Risk Control group is responsible for risk strategy and implementation of Wholesale-wide Risk Management Programs and the establishment of a robust control environment that promotes consistency, efficiency, and sustainability of processes to meet regulatory, enterprise, and group risk expectations. This Business Risk and Control Senior Associate will support the implementation and ongoing management of those risk related activities horizontally across the WCOO business. Furthermore, this role will support critical efforts to strengthen the risk management culture as an integral element of the business model and practices through BPM work. This role will be responsible for aiding, supporting, and coordinating the formal implementation and maintenance of the enterprise and Wholesale risk programs Additional responsibilities include: Support the implementation of procedures, processes, and controls across WCOO to meet operational risk management requirements. Collaborate with and support WCOO to ensure timely implementation and effective execution of operational risk controls. Provide guidance in order to ensure WCOO consistently interprets and implements all risk policies and procedures. Monitor and report on operational risk processes, performance, and associated conduct risk metrics across business such as the state of the risk program, emerging issues, and trends affecting operational risk management for WCOO. Implement updates to controls or other approaches based on feedback from Independent Risk Management (IRM), audit, and regulatory exams. Ensure high risk issues are promptly escalated and resolved appropriately, including securing immediate senior management attention. Collaborate with WCOO to support business line growth initiatives, while providing input on activities that may lead to elevated operational risk. Evaluate initiatives and implementations within and across WCOO to ensure that operational risks are considered, prioritized, and appropriately controlled and managed. Build relationships and foster a team orientation with business partners, the Wholesale Risk Control group, IRM, legal, and audit. Support a collaborative, risk-minded, success-oriented, empowered, and accountable team environment. Support operational risk training and awareness activities to foster a trans-formative change in risk culture within WCOO. Team members 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. Required Qualifications 5+ 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 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management Desired Qualifications Excellent verbal, written, and interpersonal communication skills Ability to identify risk factors and ensure enactment of appropriate controls Ability to articulate issues, risks, and proposed solutions to various levels of staff and management Strong analytical skills with high attention to detail and accuracy Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important Ability to effectively assess stakeholder, partner, or client needs while consulting, building solutions, and developing processes Ability to strategically analyze data and diagnose opportunities and interventions Ability to interact with all levels of an organization Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills Other Desired Qualifications Demonstrated leadership ability that embodies the Wells Fargo Vision and Values and leadership competencies Ethical integrity and demonstrated ability to identify risks and confidently raise issues, escalate early and engage in constructive credible challenge and will do so independently when necessary Demonstrated ability to monitor and report on risk control processes, performance, and associated metrics across all businesses Job Expectations Ability to travel up to 5% of the time Salary Information The salary range displayed below is based on a Full-time 40 hour a week schedule. NC-Charlotte: Min: $80,500 Mid: $115,000 IA-Des Moines: Min: $80,500 Mid: $115,000 MN-Saint Louis Park: Min: $80,500 Mid: $115,000 AZ-PHX-Central Phoenix: Min: $80,500 Mid: $115,000 Street Address NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC IA-Des Moines: 800 Walnut St - Des Moines, IA MN-Saint Louis Park: 435 Ford Rd - Saint Louis Park, MN AZ-PHX-Central Phoenix: 100 W Washington St - Phoenix, AZ Disclaimer 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. Job Requirements:
Wells Fargo
Phoenix, AZ, USA
Full time
