Lead Control Management Officer

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About this role:

Wells Fargo is seeking a Lead Control Management Officer. This position is one of the primary Business Control Management leads for Capital Finance/Asset Based Lending (ABL) line of business within Commercial Banking. This high impact position is a trusted partner and works closely with the leaders of ABL in proactively identifying, assessing, and mitigating risks and designing controls.

In this role, you will:

• Lead at least one RCSA RAU and be the day-to-day contact for execution of risk mitigation activities including RAU changes/enhancements.  Support leadership on complex initiatives designed to mitigate current and emerging risks with broad impact

• 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 RAU/business in designing and implementing risk-mitigation strategies

• Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant RAU, 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 for ABL, Credit Product Group and/or CB Control

• Indirectly lead and provide direction to the team supporting the assigned RAU to achieve its objectives

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

Desired Qualifications:

• Experience supporting Commercial Banking businesses, particularly Asset Based Lending, or complex credit products.

• Strong knowledge and experience in leading risk and control identification methods and performing assessments (i.e. leading an RAU through the RCSA program requirements)

• Knowledge and understanding on Control Programs including Risk and Control Self-Assessment (RCSA), executing the RCSA (risk identification, risk assessment - inherent/residual, and control design and Issue Management

• Strong working knowledge of applicable regulatory requirements and applicable Corporate Policy requirements in order to identify areas of risk and issues for the LOB and/or provide credible challenge.

• Strong knowledge and understanding of Shared Risk Platform (SHRP) and Veritas such as reporting and issue management

• Direct experience with Issue Management Life Cycle and issue & corrective action remediation

• Experience leading or coordinating work through offshore or indirect teams, including resources based in India or the Philippines.

• Ability to collaborate at all levels of the organization but also influence to ensure risks are appropriately mitigated in a timely and efficient manner.

• Strong, proactive, individual contributor and ability to work with a high degree of autonomy.

• Ability to identify and implement control optimization opportunities to drive efficiency and support business growth, whilst maintaining a strong control environment

• Ability to effectively analyze, draw conclusions and make sound recommendations for the assigned RAU and broader line of business.

• Strong analytical skills with high attention to detail and accuracy.

Job Expectations:

• This is an in-office position currently requiring at least three in-office days per week at one of the locations listed below.

• Relocation assista