17 Jan
Business Risk & Control Senior Manager
North Carolina, Charlotte , 28201 Charlotte USA

Vacancy expired!

Job DescriptionImportant Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.The Business Risk & Control Senior Manager is part of the Business Risk and Control Team, supporting the Credit, Market, Counterparty Risk and Enterprise Finance CRO Groups while reporting to the Business Risk & Control Leader. The Business Risk and Control team is responsible for identifying, assessing, managing and mitigating current and emerging risk exposures associated with the activities and operations relevant to the Business Group or Enterprise Function. The Business Risk & Control Senior Manager is a subject matter expert of inherent risks in Credit, Market and Counterparty Risk group's functions and takes a forward-looking view to identify internal and external risk trends. The Business Risk & Control Senior Manager is responsible for overseeing the monitoring and reporting of the impact of decisions and controls to the relevant Business Group and Enterprise Function, directs control teams on strategy and execution of activities associated with the Business Risk and Control for a business group or functional area with significant risk and complexity, ensures that all business issues are proactively identified and addressed, and leads initiatives that cross multiple lines of business. The Business Risk & Control Senior Manager manages a team of Managers, Senior Officers and/or Officers or cross-functional teams in accomplishing department goals and priorities.Specific Responsibilities:Manage and direct control team on strategy and execution of activities associated with the Business Risk and Control for a business group or functional area with significant risk and complexity.

Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant Business Group and Enterprise Function.

Oversee the development, implementation, and monitoring of business-specific programs and processes and controls to identify, assess, and mitigate risk.

Manage the design of business-specific risk controls/processes and provide leadership over the development of remediation plans to address any control weaknesses or gaps.

Ensure that all business issues are proactively identified and addressed appropriately, escalating where necessary.

Lead initiatives that cross multiple lines of business in scope with significant impact/risk.

Build relationships with corporate, business heads, Legal, Audit, regulators, and industry partners regarding risk management of business-specific risk programs.

Accountable for assessing risk and assisting the applicable Credit, Market and Counterparty Risk areas in managing risks and controls consistent with the risk management framework and risk policies

Proactively counsel senior leaders within the functional areas of risk and control issues including new and emerging risks, issue management, and remediation.

Ensure timely escalation of risk issues following established protocols.

Work with applicable group teams to implement new requirements, implement new policies, develop effective risk programs, and identify gaps that will need to be tracked through corrective action and remediation.

Communicate to senior management via formal presentations and standard management reporting artifacts on a regular basis.

Manage relationships and foster a team orientation with group heads, independent risk management, legal, and audit.

Build a high performing team that meets heightened risk management expectations.

Provide input to the design, development, implementation, and maintenance of the overall Wells Fargo Risk Management Framework.

Advise aligned group on Risk and Control Self Assessments (RCSA)/Integrated Process Risk and Control (IPRC), Business Process Management (BPM), and other programs.

Ensure group has effective control change management processes.

Work in partnership with groups in Credit, Market and Counterparty Risk to implement risk programs.

As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will:Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them.

Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks.

Locations: New York, NY; Charlotte, NCPlease note: Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells FargoRequired Qualifications10+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 10+ years of financial services industry experience, of which 7+ years must include direct experience in risk management

3+ years of management experience

Other Desired QualificationsExpertise in supporting one or more areas of risk including Credit Risk or Market Risk, Operational Risk, Model Risk and Compliance for BCL roles aligned to these groups within Corporate Risk.

Strong experience in the development, implementation, and monitoring of business-specific risk programs, processes and controls.

A thorough understanding of enterprise risk management framework including risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.

Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the Credit Risk, Market Risk, and Counterparty Risk teams and enterprise Risk function.

In depth technical understanding of Corporate Risk operations, processes, and responsibilities.

Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with group's processes.

Deep insight into the risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.

Ability to evaluate impacts based on changes in laws/regulations and develop company response.

Comprehensive understanding of operational risk management in the financial services industry.

Proven ability to identify risks and propose mitigation plans

Demonstrated leadership ability that embodies the Wells Fargo Vision and Values and leadership competencies.

A Master's degree or higher

Job ExpectationsAbility to travel up to 10% of the time

Street AddressNC-Charlotte: 401 S Tryon St - Charlotte, NCNY-New York: 150 E 42nd St - New York, NYDisclaimerAll offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.Company: Wells FargoReq Number: 5561570-2Updated: 2021-01-16 22:22:22.486 UTCLocation: Charlotte,NC

Vacancy expired!


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