About this role:

Wells Fargo is seeking a Senior Control Management Specialist.

Business Control Management: Covers jobs responsible for partnering with their relevant business group to develop and maintain a strong control environment leading to the early identification and sustainable mitigation of operational risk. Responsible for Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies, Control Governance & Reporting, and Control Programs.

The Consumer, Small and Business Banking Controls team is responsible for delivering a more consistent approach to business groups, strengthening the company's risk and control infrastructure,

In this role, you will:

• Participate in identifying, assessing, managing, and mitigating current and emerging risk exposures within Control Management functional area
• Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes, and business controls
• Monitor moderately complex business specific programs and provide risk management consulting to support the business in designing and implementing risk mitigation strategies
• Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area
• Provide guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and mitigate risk
• Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations

• 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

• Identify, assess and mitigate risks across all risk types, in coordination with LOB and assurance activities consistent with the risk management framework and policies established by Independent Risk Management.
• Support LOB RCSA Affirmation process(s) and related feeder/governance meetings.
• Review and approval process for line managers through senior management
• Support the execution and maintenance of RCSA program which includes:

• Identify risks applicable for the RAU
• Ensure data is up to date
• Identify items that are applicable to the RAU in the data provided
• Identify risk drivers
• Ensure process inventory is updated in the RCSA RAU
• Assesses, documents, and communicates emerging risks, themes and identified control deficiencies to management and risk partners in a timely manner.
• Foster strong relationships with team and collaborate effectively. Ensures coordination with team, line of business, other business units, Audit, and regulators on risk related topics.
• Ensures internal collaboration with the team, line of business/ partners.

• Interfaces internally with the team, line of business, and risk partners.
• Timely update, reporting and escalation of issues.
• Partners with business groups and enterprise functions to facilitate issues partners throughout the issue lifecycle including Root cause identification, Corrective action development and RCSA alignment.
• Experience in evaluating the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; additional experience analyzing business and/or systems changes to determine impact.
• Assist for control forums and provide necessary reporting for the assigned business group which includes report & escalate issues, key risks, control gaps, corrective actions, OREs and align them to the respective onshore Risk and Control Committees.
• 4+ years of overall experience in Financial or Banking industry with atleast 4+ years in Risk Management and Controls.
• B Com, BBM, MBA, M Com with Business, Finance, Banking, Accounting or Economics as preferred major subject.
• Understanding of Consumer Banking products and services Deposits, Checking and DDA, Home Loan, Servicing, Credit and Merchant Services, Personal Loans and Auto Loans.
• Knowledge and understanding of operational risk management in the financial services industry
• Comprehensive understanding of operational risk management and or operations process management
• Excellent communication skills
• Ability to prepare management level presentations