Job Description

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as Personal Cell or Cellular in the contact information of your application.

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Global Payment Services (GPS) is one of nine major lines within Corporate and Investment Banking. GPS supports Financial Institutions (e.g. banks, central banks, and supra-nationals) and Non Bank Financial Institutions. Globally, the GPS FI network and corridors span approximately 120 countries and consist of more than 1,300 customers.

The Control Organization is a newly formed organization that is responsible for supporting CIB lines of business with risk strategy, implementation, and execution to meet regulatory, corporate, and group risk management requirements and expectations. This front-line group interfaces with the Business, Independent Risk Management teams (f/k/a second line of defense) and third lines of defense, as well as risk teams supporting each Wholesale business. This position resides within Wholesale Controls CIB Business Control team and will support the Global Payment Services functions.

The role will be responsible for the implementation and management of the First Line of Defense corporate risk program requirements. The position will report to the GPS Business Control Manager will help manage business risk, control and governance programs. The candidate requires a detailed understanding of Global Payment Systems related infrastructure and services. Furthermore, this candidate should have a strong understanding of the principles of operational risk management.

The Business Risk and Control Senior Associate will assist with Business Process Management (BPM) and Integrated Process Risk and Controls (IPRC). The role will ensure all policies and procedures surrounding BPM/IPRC and are followed and adhered to and ensure that RCSA data is aligned. During the process mapping exercises, the Risk Associate is expected to assist the business line to identify and document the process, any control gaps and recommend process/operational improvements to mitigate risks. Oversight of the IFT to GMTS migration and support of the Enterprise Wire Transformation effort as it relates to GPS. As the Enterprise Wire Transformation effort gathers steam candidates with industry, product and risk knowledge would be required to be successful in the role.

The Business Risk and Control team is responsible for partnering with the relevant business group to identify, assess, manage and mitigate current and emerging risk exposures associated with their activities and operations. Monitors, measures, evaluates, and reports on the impact of decisions and controls to the relevant business group and enterprise function. Consults and provides guidance to business groups on the development, implementation, and monitoring of moderately complex business-specific programs to identify, assess, and mitigate risk. Consults and provides support in the interpretation of policy, guidelines, and governance programs as the front line liaison to Independent Risk Management area for moderate to high risk and complexity enterprise risk programs. Provides risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes and controls that mitigate risks and address regulatory requirements. Develops and implements risk monitoring and risk reporting processes and controls. Monitors and reports on its risk concentration, current and emerging risk, and risk appetite. Aggregates, evaluates, reports results and escalates where necessary. Designs and executes control effectiveness assurance programs for Front Line-owned controls. Consults and implements initiatives with moderate to high risk. Internal interface with business regarding risk management of business-specific risk programs.

Successful candidates will be articulate and possess a demonstrated leadership capability; they will be impressive in their inter-personal effectiveness and with regard to their accomplishments. It requires an individual with strong relationship management and execution skills. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed corporate environment. The role requires a sense of urgency and personal accountability for achievement.

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 units risk appetite and all risk and compliance program requirements.

Required Qualifications
* 5+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 5+ years of financial services industry experience, of which 3+ years must include direct experience in risk management demonstrated through work or military experience

Desired Qualifications
* Advanced Microsoft Office skills

Other Desired Qualifications
* Strong facilitation skills with business partners
* Ability to provide credible challenge and yet maintain good relationships with business partners
* Experience in designing or documenting a work process or BPRM experience
* Deep knowledge in Global Funds Transfer applications including SWIFT, CHIPS and Fedwire and related applications and technology
* Experience related to one or more of the following: Global Payments Customer Experience, Payments Liquidity & Risk Management, Client Consultant Management, Technical Solutions and Network Management

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.