Wholesale Banking Operations Control Management Director
Wells Fargo
full-time
Posted on:
Location Type: Hybrid
Location: Charlotte • Arizona, Iowa, Minnesota, North Carolina, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $185,000 - $300,000 per year
Job Level
Lead
About the role
- Manage a global control team for the support of front-line operational risk and compliance requirements including RCSA, Issues management, Loss Capture, Governance, Audit and escalations.
- Partner with the CB Lending Operations Accountable Executive, RAU owners and BCMs to define controls standards and conduct reviews for process/risk/control opportunities
- Lead RCSA efforts including creation of new RAU as well as on-going optimization efforts.
- Lead Move-the-Line assessment and monitoring efforts, as well as business process-change governance routines.
- Lead targeted risk assessment and control remediation efforts, including collection of business environment data to tell the story of applicable suite of controls.
- Implement strategies to meet organizational measures of performance (ORKRI)
- Support the inventory of business processes, internal testing, audit, regulatory engagements outputs and the integration with RCSA, EBCE, Trigger Events, and other core control functions as applicable
- Assessing control weaknesses and operational risk incidents (OREs) using methods such as root cause analysis
- Review controls for deficiencies and associated remediation (e.g., procedures gaps, rewriting control design and performance rationales to meet standards, rewriting MCR rationales to standards)
- Control Development: Control Documentation, control evaluation, control implementation and monitoring
- Partner with risk and compliance functions to ensure effective controls vs. applicable policy, law, rule, regulation.
- Partner with the business to assess Business Environment and Internal Control factors.
- Partner with the CIB Lending Operations Control team on common efforts across Lending Operations processes and systems.
Requirements
- 8+ years of Risk Management or Business Controls experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of Management or leadership experience
- Demonstrated knowledge of Commercial Banking products, industry, regulation, and Operations
- Experience with RCSA, risk/control identification and assessment, and enterprise risk frameworks
- Exceptional interpersonal and relationship building skills to effectively influence all organizational and leadership levels, where flexibility, collaboration, and adaptability are a must
- Highly organized and proactive with demonstrated ability to assess, exercise independent judgment, apply prudent risk management principles, prioritize work to meet deadlines, and proactively escalate when necessary
- Ability to be flexible and adjust plans quickly to adapt to changing business needs
- Hands on style; proven ability to structure tasks or projects, execute and achieve targeted results and develop and manage associated goals and plans
- Ethical integrity and demonstrated ability to exercise independent judgment and apply prudent risk mitigation principles
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Risk ManagementBusiness ControlsRCSARoot Cause AnalysisControl DocumentationControl EvaluationControl ImplementationControl MonitoringOperational RiskRisk Assessment
Soft skills
Interpersonal SkillsRelationship BuildingCollaborationAdaptabilityOrganizational SkillsProactiveIndependent JudgmentFlexibilityEthical IntegrityLeadership