Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
About Wells Fargo India & Philippines Wells Fargo India & Philippines (WFI&P) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions. WFI&P operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about WFI&P at our International Careers website.
: Corporate Risk enables all Wells Fargo businesses to identify and manage risk. The team focuses on several key risk areas, including credit risk, operational risk, market risk, reputation risk, and compliance risk. Corporate Risk strives to ensure all Wells Fargo corporate functions and lines of business soundly manage risk, comply with applicable laws and regulations, and offer products and services that meet the needs of our customers. 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. Within Corporate Risk, Strategic Enterprise Risk Management (SERM) is a group directly under the Chief Risk Officer that is responsible for a variety of strategic functions within Corporate Risk that includes risk reporting, risk governance, risk programs that oversee risk measurement and risk identification, strategic and reputational risk oversight, and risk optimization and strategy. Are you detail oriented with a desire to directly impact controls and process improvements across all facets of a financial services company? Then a position with Wells Fargo Enterprise Issue Management is the next step in your career. The Enterprise Risk team is responsible oversight and strategic direction of enterprise risk, governance and reporting programs. Supports management ownership of functional or enterprise programs such as liquidity oversight, treasury oversight, enterprise risk appetite, new product approval process and risk data aggregation programs through several Enterprise Risk Programs and Risk Types; guides and directs the organization in terms of policies, effectiveness of enterprise-wide initiative execution, and reporting to the Board. Objectives include:
Supporting the Enterprise Issue Management & Escalations policy adherence program through development and execution of test scripts and quarterly adherence reporting.
Performs effective and timely execution of test scripts following established program procedures and routines
Conducts analysis on population datasets, enhances testing strategies and methodologies, and supports issue management program reporting
Maintain strong partnership and engagement with Control Executive Group Issue Management teams to gain a clear understanding of their issue management processes, roles, and responsibilities
Market Skills and Certifications
A graduate degree or higher.
2 to 5 years of overall professional experience in risk assessment, control testing/evaluation and issue management on various risk types.
2+ years of experience in risk management
2+ years of testing experience (may include audit, compliance, regulatory compliance, controls testing, quality assurance)
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills, also adept in documentation.
Strong analytical skills with high attention to detail and accuracy; strong critical thinker
Industry recognized risk certifications such as CRISC / CRM
Financial Services Issue Management Experience
Knowledge of the Wells Fargo Issue Management policy
Experience with the Wells Fargo Risk Management Framework
Experience working with the Shared Risk Platform (SHRP)
Broad knowledge of operational risks and issues faced by financial institutions today.
Strong knowledge on enterprise risks, i.e. front office and middle office processes/controls would be considered as an added advantage.
Knowledge of testing platforms, Test Script Design & Detail Oriented work ethics
Experience providing 'credible challenge' to business partners when necessary, with the ability to lead through influence
Experience assessing test scope, designing test scripts, and executing, documenting, and reporting on compliance testing
Experience testing policy and procedures/control testing.
Experience leading compliance reviews and or engagements
Experience effectively interacting with a broad range of risk professionals, senior management, and regulators
Experience analyzing and interpreting complex data and information, and translating it into clear digestible information per the audience
Other desirable skills experience
Six Sigma Certified / Process Improvement capabilities
Experience in Audit, Compliance, Risk, and Testing
Strong critical thinking and analytical skills
Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members
Ability to assess issues, make quick decisions, implement solutions, and influence change
Ability to exercise independent judgment and creative problem solving techniques
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to present complex material in a digestible, consumable manner to all levels of management.
Ability to synthesize data from a variety of sources and deliver results quickly.
Strong organization and detail-oriented skills, with proven ability to manage and prioritize work to meet deadlines despite frequent interruptions.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Internal Number: 50995BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo