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Principal Control Management Specialist

2 months ago


Charlotte, North Carolina, United States WELLS FARGO BANK Full time
Position Overview:

Wells Fargo is in search of a Senior Risk Control Management Officer to enhance our Indirect Auto-lending, Underwriting, and Funding divisions.

This role is situated within the Chief Operating Office's Control Management team, collaborating with senior leadership to define and execute initiatives and programs across various operational fronts. The position involves building strong relationships with a diverse range of senior leaders and enterprise partners across all business sectors to foster a robust control environment that facilitates early risk identification and sustainable risk mitigation.

Key Responsibilities:
  • Lead intricate initiatives aimed at mitigating both current and emerging risks with widespread implications.
  • Actively participate in the monitoring, evaluation, and assessment of the impacts of decisions made within the Control Management functional area.
  • Oversee complex business-specific programs and provide risk management advisory services to assist the business in crafting and executing risk-mitigation strategies.
  • Evaluate, measure, and report on the impacts of decisions and controls to the relevant business unit or functional area.
  • Develop and implement processes and controls for risk monitoring and reporting.
  • Work collaboratively with relevant business units to identify current and emerging risks associated with operational activities and provide guidance in formulating and executing risk-mitigation strategies.
  • Lead Control Management projects or virtual teams.
Essential Qualifications:
  • 5+ years of experience in Risk Management or Control Management, or equivalent demonstrated through a combination of work experience, training, military experience, or education.
Preferred Qualifications:
  • Extensive experience with Risk and Control Self-Assessment (RCSA).
  • Proficient in Issues Management, including root cause analysis, control design, and managing corrective actions.
  • Familiarity with the Risk Management Framework (RMF) concepts and policies across various risk types (regulatory, financial crimes, credit, operational, etc.).
  • Knowledge of lending and financial services regulations, compliance, policies, processes, and procedures, including US consumer laws.
  • Exceptional communication skills and executive presence (verbal, written, and interpersonal); proven ability to clearly articulate complex concepts.
  • Capability to identify root causes of issues and evaluate potential mitigation strategies.
  • Strong analytical skills with a keen attention to detail and accuracy.
  • Experience in banking analytics, including the development of effective key risk indicators (KRI) and monitoring/reporting processes.
  • Demonstrated ability to raise issues confidently, escalate concerns early, and engage in constructive challenges independently.
  • Ability to assess when to escalate concerns appropriately.
Job Expectations:
  • Hybrid work schedule with a requirement to work from an approved location three days in the office and two days remotely.
  • Relocation assistance is not available for this position.
  • Visa sponsorship is not available for this position.
Diversity and Inclusion:

At Wells Fargo, we are committed to diversity, equity, and inclusion in the workplace. We welcome applications 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 are accountable for executing all applicable risk programs, which includes adhering to Wells Fargo policies and procedures, fulfilling risk and compliance obligations, and making sound risk decisions. There is a strong emphasis on proactive monitoring, governance, risk identification, and escalation, as well as making informed risk decisions aligned with the business unit's risk appetite and all risk and compliance program requirements.