Lead Control Management Officer - Consumer Lending EBCE
Company: Wells Fargo
Location: Minneapolis
Posted on: August 7, 2022
Job Description:
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. About this role: Wells Fargo is seeking a Lead
Control Management Officer supporting our Consumer Lending (CL)
group. This position sits within the Control Management
organization and will support activities aligned with
Evidence-Based Control Evaluation (EBCE) to drive the
implementation of Wells Fargo's policies across Consumer Lending.
Specifically, EBCE evaluates whether controls are well-designed and
operating effectively. Our approach is tailored based on Risk and
Control Self-Assessment data, and it supports proactive risk
management in alignment with the Risk Management Framework. We
perform evidence-based evaluations and document our outcomes based
on applicable policies and standards.This role will lead a team of
assessors that will perform evidence-based control evaluations, and
other activities as needed. Evaluations generally include
interviews with business partners, developing narratives based on
the walkthroughs, determining the most appropriate testing
methodologies, crafting specific test scripts, overseeing assessors
as they perform testing, formally documenting results and evidence,
and reporting on findings. The role will also provide guidance,
coaching, and feedback to control assessors, interact directly with
senior business leaders, and prioritize multiple activities
simultaneously under time-sensitive deliverables. In this role, you
will:
- Lead control evaluation (testing) engagements, varying in
complexity and risk level, to assess control effectiveness as
prescribed by internal policies and guidance
- Develop control testing strategies, identify appropriate data
populations and sampling approaches, and draft detailed testing
scripts
- Lead and oversee numerous assessors, including providing
coaching, guidance, and feedback (but will not directly manage team
members)
- Ensure overall timelines are met, assist assessors in
completing control evaluations within the defined timeline, provide
engagement status updates, and escalate scheduling delays as needed
to senior leaders
- Assist in identifying trends across teams and
communicate/escalate any potential control deficiencies discovered
during the completion of the control evaluation to the appropriate
stakeholder and/or leader
- Complete applicable documentation in accordance with
established requirements
- Foster strong relationships with team, collaborate effectively,
and partner with multiple leaders
- Coordinate with Audit, Independent Testing & Validation, COSO
and possibly regulators on risk related topics
- Interface internally with the control team and line of business
leadership
- Leverage knowledge of industry standards and best practices
around control evaluations (i.e. control testing) and risk
management processes Required Qualifications, US:
- 5+ 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:
- Strong control evaluation/testing and/or Audit experience:
Experience in assessing risk, drafting, and executing test scripts,
identifying gaps between controls and in control execution,
assessing issues and trends, and influencing change
- Strong risk and control fundamentals experience
- Comprehensive understanding of risk types, methodologies, and
frameworks for evaluating or testing controls and assessing
results, conducting research, and identifying control
deficiencies.
- Comprehensive understanding of operational risk management in
the financial services industry, including experience in RCSA
- Experience developing constructive partnerships and
collaborating with other business and functional areas
- Ability to develop and negotiate solutions to issues with
partners, including escalations as needed
- Ability to influence and consult strategically across a large
organization and with various levels of
leadership/stakeholders
- Ability to prioritize competing priorities, meet deadlines,
achieve goals, and work under pressure in a dynamic and complex
environment
- Ability to take on a high level of responsibility, initiative,
and accountability
- Outstanding problem solving and decision-making skills
- Excellent verbal, written, and interpersonal communication
skills
- Strong analytical skills with high attention to detail and
accuracy
- Ability to synthesize data from a variety of sources and
deliver results quickly
- Advanced experience with Microsoft Word, Excel, Power Point,
SharePoint
- Risk Management Certifications (i.e. CIA, CISA, CRCM, CPA,
etc.)
- A BS/BA degree or higher Office locations:
- 800 S JORDAN CREEK PKWY West Des Moines IA
- 250 E John Carpenter Frwy Irving TX
- 2800 S Price Rd Bldg D Chandler
- 550 S 4th St Minneapolis MN
- 2200 Concord Pike Wilmington DE
- 401 S Tryon St Charlotte NC
- 3476 STATEVIEW BLVD LAKEMONT EAST B Fort Mill SC Salary Range:
- $111,100-154,000. Base annual salary is dependent on
experience. May be considered for a discretionary bonus. 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, or status as a protected veteran. 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.
Keywords: Wells Fargo, Minneapolis , Lead Control Management Officer - Consumer Lending EBCE, Executive , Minneapolis, Minnesota
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