Senior Control Management Specialist

Company: Wells Fargo
Location: Concord
Posted on: January 22, 2023

Job Description:

Why Wells Fargo: This is where your true career begins. We ranked on the 2022 LinkedIn Top Companies list - and among financial services companies - as the best workplace "to grow your career" in the U.S. At Wells Fargo, we support employees' career aspirations and growth. We're proud of our employee-welfare-centered business approach and our commitment to diversity, equity, and inclusion in the workplace. We offer competitive salaries and one of the richest benefits packages in the industry. Our Total Rewards program focuses on wellness, work-life balance and the financial health of our employees. Our customers invest with us, we invest in you. Apply today. About this role: At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. The Wells Fargo front line Evidence Based Control Evaluation (EBCE) team is part of the Control Management Executive organization. The EBCE team is tasked with evaluating whether controls are well-designed and operating effectively by assessing the design and performance effectiveness of a control in mitigating operational risks. The EBCE process is aligned to the front line Risk and Control Self-Assessment (RCSA) Program to support a proactive risk management environment in alignment with Wells Fargo's Risk Management Framework. EBCEs are performed and results are documented in templates and systems of record based on applicable policies, standards, and guidance documentation. The EBCE process may involve leading, conducting and documenting walk-throughs of controls with control owners and business aligned control team members, developing test scripts, and determining the appropriate data and/or documentation needed for sampling to assess the design and operating effectiveness of the control(s). We are looking for a Senior Control Management Specialist to join our team. The right candidate will be responsible for evaluating complex controls to ensure proactive self-identification of control deficiencies, providing insight into emerging risks while operating in a very dynamic manner, and connecting and building relationships with key partners. This role requires attention to detail, strong organizational skills, communication skills and the ability to collaborate with stakeholders across the business group or Enterprise. In this role, you will:

• Evaluate complex controls aligned to high/moderate risk instances across all risk types consistent with the RCSA policy established by Independent Risk Management and the Front Line RCSA Procedures.
• Execute evidence based control evaluations (i.e. control testing) in an effective manner and on schedule.
• Communicate any potential control deficiencies discovered during the completion of the EBCE to a coordinator.
• Document the EBCE in templates and systems under limited supervision and in accordance with requirements.
• Identify appropriate data, populations and other documentation needed to support the execution of the EBCE design and performance evaluation.
• Develop and execute test scripts needed to evaluate the control performance aligned with the associated risk types.
• Present recommendations for resolving complex situations and exercise independent judgment while developing Control Management functional area expertise
• Build relationships with team and collaborate effectively in a dynamically changing environment. Required Qualifications, US:
  • 4+ years of Risk Management or Control Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications:
    • Capable of building constructive and effective relationships. Delivers on commitments. Sense of accountability.
    • Adept at executing complex control evaluation test scripts to assess the design and performance of internal controls.
    • Familiar with risk types, methodologies and frameworks for evaluating or testing controls and assessing results, conducting research, and identifying control deficiencies.
    • Strong listening and communications skills (both written and oral) with strong interpersonal communications skills with the ability to convey complex information and ideas, including complex data sets, both simply and clearly.
    • Proficient at executing control evaluation test scripts to assess the design and performance of internal controls.
    • Experience evaluating the adequacy and effectiveness of policies, procedures, processes, systems and internal controls with high attention to detail and accuracy.
    • Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment.
    • Knowledge and understanding of Risk And Control Self-Assessment (RCSA) processes
    • Knowledge and understanding of Shared Risk Platform (SHRP)
    • Experience working with Independent Testing and Validation, Evidence Based Control Evaluation (EBCE) and/or Audits
    • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills. NYC Comp Range- $100,800 -$179,200 Pay Range $84,000.00 - $149,400.00 Annual Benefits
      • Information about Wells Fargo's employee benefits We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, 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. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Keywords: Wells Fargo, Concord , Senior Control Management Specialist, Executive , Concord, California