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 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.

Commercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.

Wells Fargo Commercial Capital

* A market-leading provider of working capital, investment capital, trust services, and sales financing solutions that help customers optimize liquidity and grow their business through their lifecycle

This position aligns to WFCC Business Control Manager and will provide support to Wells Fargo Equipment Finance/ Commercial Auto or Wells Fargo Capital Finance. The Business Control Manager will manage a team of dedicated business risk officers and as such will be the primary point of contact for leadership and line of business team members on all operational risk and regulatory compliance matters. This position will be responsible for customizing, implementing and monitoring risk based programs to identify, mitigate and control operational, compliance and financial crimes risk.

The Business Control Leader will work with the designated lines of business (LOBs) to implement and execute the required risk controls in an effective, sustainable manner and help identify, escalate and proactively manage risks in the LOBs. This Leader will report directly to the LOB Group Control Leader

Individual Responsibilities Include:

* Develop a team with a strong working knowledge of the designated LOBs and the key risk controls that apply to these LOBs.
* Develop a team that serves as the primary day-to-day coverage officers for the LOBs with proven knowledge of products, services, processes, systems and customers in these LOBs.
* Activities include: leadership meeting routines, team member engagement, key Human Resource processes, including performance and talent development/management, team communication and training, onboarding, etc.
* Build a high performing team, ensuring proper staffing and expertise exists in the group; build capabilities, processes, and teams that meet heightened risk management expectations.

This Control Leader will work closely with Senior Managers across the business groups, Control Strategy teams and with other Control Executives in the development and execution of company risk management strategies. Accordingly, critical success factors will include the ability to develop partnerships with many functional areas, lead change in a highly matrixed organization, provide insight into the regulatory climate, and identify trends which may present opportunities or reflect gaps in the Companys strategic execution/direction.

* Continuously engage in discussions with LOB partners on strategy, industry trends, organizational changes, and new/modified markets, systems, products and services, to determine impact and identify and remediate risk control issues across all risk types.
* Collaborate with, guide and counsel LOB partners on control design and implementation to mitigate risks.
* Collaborate with, guide, and counsel LOB process and control owners on identifying where controls reside, managing control changes and evaluating effectiveness.
* Collaborate with, guide, and counsel LOB partners on matters relating to the implementation of Corporate policies and Wholesale requirements.
* Help ensure proper LOB profiles of applicable regulations and associated controls as well as residual risks and compensating controls are maintained and continuously updated in appropriate systems of record on an ongoing basis.

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
* 10+ years of experience in risk management or 10+ years of financial services industry experience, of which 7+ years must include direct experience in risk management
* 7+ years of management experience

Desired Qualifications
* Audit or internal controls testing experience
* Commercial banking experience
* Advanced Microsoft Office skills
* Excellent verbal, written, and interpersonal communication skills
* Strong analytical skills with high attention to detail and accuracy
* Ability to articulate complex concepts in a clear manner

Other Desired Qualifications
* Knowledge across enterprise risk management framework, including: risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance.
* Understanding of best-practice risk management techniques applicable for LOBs similar to those found in the designated LOB.
* Knowledge of relevant financial regulations and understanding of how they are implemented, managed and enforced in LOBs similar to those found in the designated LOB.
* Deep technical understanding of specific business operations, processes, products, and customer interactions and where they manifest risk.
* Strong interpersonal, influencing and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the business and enterprise Risk function.
* Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with business/customer processes.
* Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type.
* Demonstrated leadership ability that embodies the Wells Fargo Vision & Values and leadership competencies.
* Ethical integrity and demonstrated ability to assess and determine when to raise concerns and escalate.
* Proven ability to build and lead high performing risk control organization in a matrixed environment, ensure proper staffing and expertise exists and can coach and enable others.
* Strong analytical ability used to identify risks and confidently raise issues, escalate early and engage in constructive credible challenge and will do so independently when necessary.
* Proven ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale.
* Ability to design and implement control analytics and reporting to drive effective decision making and results.
* Demonstrated ability to solve problems and analyze issues when data is collected from multiple sources and know how to ask the right questions to obtain the information needed to properly assess potential risks.
* Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the enterprise Risk function and the business
* Ability to influence business partners, including enterprise functions through networking, communication, and written products
* Ability to analyze and problem solve with demonstrated excellence at identifying stakeholders, understanding needs, and driving decision making/resolution through a consensus building approach
* Ability to implement solutions through written action plans, procedures, and change management
* Deep understanding of ever-evolving governance processes and regulatory environments
* Ability to fluently articulate strategy and operations and translate organizational strategies into clear objectives and action
* Experience working horizontally across an organization and participating in enterprise-wide implementations of major policy and relevant risk programs

Job Expectations
* Ability to travel up to 10% of the time

Street Address
NC-Charlotte: 301 S Tryon St - Charlotte, NC
IA-Des Moines: 800 Walnut St - Des Moines, IA
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC
TX-Irving: 5000 Riverside Drive - Irving, TX
IL-Chicago: 10 S Wacker Drive - Chicago, IL

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.

Benefits Summary
Benefits
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.