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About this role:

Wells Fargo is seeking a Lead Control Management Officer. This position will be in the CIB Markets Business Control organization, partnering closely with CIB COO and the CIB Markets Division. The position will be responsible for providing risk management leadership and expertise to businesses across the Markets Division, leading risk identification, assessment, escalation, and mitigation strategies, and will perform day to day risk and control activities in support of and in partnership with front line business teams. The leader should demonstrate “brilliance in the basics” in the execution of the Control function to meet regulatory commitments on time and with sustainable quality, while measurably improving the Wells Fargo control environment.

Within CIB Control, this position resides in the Markets Business Aligned Control team and will support high priority initiatives linked to our Global Markets business which includes six lines of business i.e., Equities, Structured Products Group, FX, Rates, Commodities, etc. The role will support the global business to design and implement first line controls with respect to a variety of regulatory requirements, Wells Fargo policies and industry best practices for aspects of the business that are apply across Markets.

This role will be expected to take on leadership accountabilities in support of the risk transformation initiatives and will operate as the primary point of contact with key partners including Business Leadership, Control, Independent Risk, and Internal Audit. Other responsibilities include, but are not limited to, providing risk management expertise on applicable bank policies and related risk and control process requirements.

In this role, you will:

• Lead complex initiatives designed to mitigate current and emerging risks with broad impact

• Coordinate and consult with business process owners for creation of self-disclosed issues in Issues Management system of record and develop corrective action plans and control redesign for high priority issues.

• Oversee implementation progress and conduct control documentation and evaluation efforts.

• Act as key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area

• 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

• Develop and implement risk monitoring and risk reporting processes and controls

• Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations, and provide guidance in developing and implementing risk-mitigating strategies

• Lead Control Management project or virtual teams

Required Qualifications:

• 5+ 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

• Extensive front line direct experience with developing and/or executing risk and control assessment programs

• Strong knowledge of products, services, applicable regulations and policies, business processes, and systems in the Markets business

Desired Qualifications:

• Extensive knowledge of Target State RCSA, process, purpose, scope, the Risk Accountable Unit (RAU) Owners roles and responsibilities roles, accountabilities, and deliverables.

• Experience in large and complex banking or broker/dealer institutions, risk management leadership experience in multi-jurisdictional global financial institution.

• Personal ability to understand and operate successfully in a complex, heavily matrixed corporate environment with competing priorities.

• Proven experience with Enterprise Risk Identification process; proven track record building and implementing risk programs.

• Direct experience in operational risk reporting and escalation programs.

• Prior experience in risk process improvement, standardization and automation of business and control processes, quality assurance and control routines, and risk and control metrics and reporting.

• Substantial knowledge and experience in risk management practices and applicable systems and applications.

• Knowledge of the Risk Management Framework (RMF) concepts and policies across risk types (regulatory, financial crimes, credit, operational, etc.)

• Ability to synthesize data and observations from a variety of sources, deliver succinct summaries (both verbal and written), and enact response quickly.

• Capable of diagnosing business needs, conceptualizing and initiating planning, organizing the enlistment of response teams, and the implementation and management of change

Job Expectations:

This position is not eligible for Visa sponsorship

This position offers a hybrid work schedule

Posting Location:

30 Hudson Yards New York, NY

550 S. Tryon Street Charlotte, NC

The Control Executive adheres 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 self-relocate within an agreed upon timeframe.

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.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs 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:

*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.

Drug and Alcohol Policy

Wells 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.