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Control Management Specialist

AT Wells Fargo
Wells Fargo

Control Management Specialist

Bangalore, India

About this role:

Wells Fargo is seeking a Control Management Specialist.

In this role, you will:

  • 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.
Required Qualifications:

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  • 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
Desired Qualifications:
  • Adhere to Committee policy and procedures and demonstrate knowledge of the Risk Management Framework.
  • Ensure required Governance routines are completed timely and accurately e.g., Agenda Planner, Attendance Tracker, Action Tracker, Escalation Tracker.
  • Ensure Escalations are tracked and communicated as outlined in Charters and can be easily provided to demonstrate escalation path.
  • Demonstrate organization and planning in preparation for Committees/Councils.
  • Support and communicate the high-level planning to risk officers, the business, and control team partners.
  • Build relationships with key partners by acting transparently, and intentionally aligning actions to the overall business unit and company goals. Establish regular checks in with Co-Chairs on feedback to improve the process.
  • Execute deliverables and routines related to calendars and planning are maintained and communicated to keep business unit, control team, and other partners informed.
  • Support the team through partnership and support of Committees and Councils across Consumer Lending.
  • Promotes strong risk management culture in business or function by focusing on content and standardization.
  • Review materials and L1 segments for accuracy and messaging.
  • Incorporate review with CRO and BCM partners for identification of emerging risks and escalations. Incorporate feedback and effectiveness of agenda and materials.
  • Ensure Risk Summary reporting captures emerging risks and escalations in preparation for submission to the CLRCC.
  • Share Risk Summary Reporting and emerging risks with IRM for inclusion in Enterprise Risk Reporting.
  • Support Examples of Good efforts and the Committee content in 2024, sharing with stakeholders for learning and improvement of Committee materials.
  • Take on additional assignments as required for Committee consistency and alignment.
  • Track performance and material improvement through Committee/Council tracking and analysis reporting.
Job Expectations:
  • Shift timings: 1:30 PM to 10:30 PM
Posting End Date:

*Job posting may come down early due to volume of applicants.

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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Client-provided location(s): Bengaluru, Karnataka, India
Job ID: WellsFargo-R-412494
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • FSA
    • HSA
    • Mental Health Benefits
    • Short-Term Disability
    • Long-Term Disability
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Return-to-Work Program
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Stock Purchase Program
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Internship Program
    • Associate or Rotational Training Program
    • Promote From Within
    • Mentor Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program
    • Unconscious Bias Training

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