Business Accountability Specialist

2 weeks ago

Minneapolis, Minnesota, United States Wells Fargo Full time
About this Role:

Wells Fargo is seeking a Business Accountability Specialist to join our Commercial Banking Business Risk Execution Coverage team. This individual will be responsible for executing controls, escalating issues, and working across all of Commercial Banking to support business requirements for multiple regulations.

This role will participate in control testing by participating in walkthroughs and providing supporting documentation with program SME's. The successful candidate will have a strong understanding of risk management concepts and be able to explain the impact of any deficient results in a detailed manner.

Key Responsibilities:
  • Participate in research, assessment, and documentation of matters relating to the business' policy and regulatory adherence, risk mitigation, or control efforts.
  • Identify patterns and trends and look for opportunities for procedural or control improvements within area of focus.
  • Conduct assessments and analysis of basic business or operational outcomes, systems of record, technical assignments, documentation, procedures, or challenges that require research, evaluation, and selection of alternatives.
  • Exercise independent judgment to guide completion of medium risk deliverables.
  • Present concise and well-articulated findings and recommendations, including rationale, to facilitate resolution of identified matters.
  • Engage in additional research and studies to enhance regulatory knowledge.
  • Collaborate and consult with colleagues, internal partners, and other business stakeholders to provide feedback, credibly challenge issues, and calibrate, as needed, to ensure alignment, consistency, and accuracy across groups.
  • Participate in cross-organizational or internal operational initiatives and improvement efforts.
Requirements:
  • 2+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • Strong knowledge of, and ability to apply, risk and control principles.
  • Mid-level MS Excel knowledge.
  • Ability to frame and present control results reporting in a concise manner.
  • Experience with operational and/or compliance control development, execution, and reporting.
  • Strong understanding of risk management concepts including the ability to explain the impact of any deficient results in a detailed manner.
  • Understanding of businesses within CB.
  • Strong verbal, written, and interpersonal communication skills.
  • Demonstrated ability to build strong partnerships with partners in the business, control and compliance.
What We Offer:
  • This position offers a hybrid work schedule.
  • Willingness to work on-site in one of the listed locations.
Wells Fargo is an Equal Opportunity Employer:

We value diversity, equity, and inclusion in the workplace. 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.

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