About this role:
Wells Fargo is seeking a Senior Control Management Specialist
In this role, you will:-
Participate in identifying, assessing, managing, and mitigating current and emerging risk exposures within Control Management functional area
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Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes, and business controls
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Monitor moderately complex business specific programs and provide risk management consulting to support the business in designing and implementing risk mitigation strategies
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Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area
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Provide guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and mitigate risk
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Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations
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:-
Effectively raises/reports issues/concerns to the management to ensure corrective actions are in line
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Knowledge of the operational risk framework and disciplines primarily in the banking industry and its related operations
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Able to read and understand the policies, procedures, training and any relevant documents to identify the adequacy, gaps or red flags which indicate the effectiveness or noncompliance to the regulations
- Identifies operational risk issues; advises management on risk ratings and evaluates ratings against established policy standards.
- Assist in drafting corrective action plans and in managing change. Identifies training opportunities; provide input to the development of training materials and delivers training
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Deliver effective and consistent execution of the Risk Management Framework to build Front Line Risk Mitigation capabilities and accountability, coordinating issue analysis, thematic reviews, control evaluation and remediation activities across businesses and functions to manage risk
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Complete root cause analysis, identify risk, and develop remediation plans
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Analyze and determine controls and MCR during the workshop
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Strong collaboration and consulting experience across internal and external key stakeholders.
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Document risk and control assessments in system of record during the workshop
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Experience in evaluating the adequacy, effectiveness, creation and updating of program methodologies, policies, procedures, processes, and controls.
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Showcase strong knowledge of Risk management framework, including risk identification, risk-related decisions, processes and controls, risk analytics and governance
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Effectively collaborating with business partners in the first line-of-defense (Business Owner), second line of defense
Job Expectations:-
Controls team will support RCSA & other programs in designing and execution of the policies. Leads implementation of initiatives with moderate to high risk.
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The individual will be responsible for leading and delivering on the RCSA program (End-End Execution of RAU's) requirements from I&P. For this role, we are looking for a candidate with good understanding of risk management, operational risk and control evaluation methodologies with an ability to assess the design and operating effectiveness of controls for medium to high complex processes.
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A successful candidate for this role will have the ability to operate independently, multi-task on operational and strategic activities, and to communicate effectively with executives both verbally and written.
Posting End Date:
30 Aug 2025
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 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 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.
