About Wells Fargo India & Philippines

Wells Fargo India & Philippines (WFIP) enables global talent capabilities for Wells Fargo Bank NA., by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services and Knowledge Services. WFIP operates in Hyderabad, Bengaluru and Chennai in India and in Manila, Philippines. Learn more about WFIP at our International Careers website.

Department Overview

We evaluate whether controls are well-designed and operating effectively. Our approach is tailored around Risk and Control Self-Assessment (RCSA) and other risk programs and it supports proactive risk management in alignment with the Risk Management Framework. We perform evidence-based controls evaluations and document our outcomes based on applicable policies and standards.

• Participate in mitigating current and emerging risk exposures associated with the activities and operations of the assigned business group, and identify opportunity for process improvements within the scope of defined business control responsibilities
• Review and analyze basic business challenges that require research, evaluation, and selection of alternatives
• Develop and implement risk monitoring, risk reporting processes, and controls while evaluating and reporting results where necessary
• Present recommendations for resolving complex situations and exercise independent judgment while developing Control Management functional area expertise
• Provide support in the interpretation of policy, guidelines, and governance programs as front line liaison to Independent Risk Management area
• Collaborate and consult with Control Management team and key stakeholders, including internal customers

• 2+ years of Risk Management or Financial Services industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• Bachelor's degree or higher. Relevant certifications will be an advantage
• 2+ years of experience in risk (includes compliance, financial crimes, operational risk, internal audit, legal, risk management, credit risk, market risk, IT systems security, business process management).
• Experience in automation / advanced excel / reporting will be an advantage.
• General knowledge of industry standards and best practices around control evaluations / testing, internal audit and risk management processes.
• Experience assessing control design and performance through testing, audit or Risk Control Self-Assessment practices
• Experience assessing processes, procedures and identifying controls
• Experience in assessing risk, reviewing risk ratings, identifying control gaps and determining the appropriate evaluation methodology
• Comprehensive understanding of operational risk management in the financial services (preferred) or other highly regulated industries
• Strong analytical skills with high attention to detail and accuracy.
• Excellent verbal, written, interpersonal communication skills and stakeholder management.
• Demonstrate positive attitude and readiness to work in a challenging and dynamic environment.
• Flexibility to multi-task and work across domains and business groups.
• Ability to credibly challenge, conduct tough conversations and effectively communicate with various levels of management
• Ability to synthesize data from a variety of sources and deliver results quickly

• Individual contributor role focusing on performing evidence-based control evaluations by conducting various evidence gathering activities.
• Design, maintain and execute the control evaluation scripts, identify control deficiencies, document and escalate potential issues to appropriate stakeholders.
• Validate & track action plans, escalate issues as required and document the control test artifacts and findings.
• Perform control evaluations for moderate to complex engagements, challenge status-quo and identify opportunities to add efficiencies or refining the existing processes.
• Engage and work with multiple stakeholders - front line business groups, risk program aligned functions and IRM teams for driving the objectives of risk and control programs.
• Instill and drive proactive risk culture, operational excellence and efficiencies.
• Willing to work on a mid-shift (3pm)
• Weekends Off, PH Holidays
• Currently on Hybrid work set up (3/week onsite)