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.

Wealth & Investment Management, or WIM, is one of the United States leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, and retirement products and services to meet clients unique needs and help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. We accomplish this by:

* Building enduring client relationships through sound, thoughtful, and objective advice
* Developing individualized plans for clients to help meet their financial objectives
* Helping clients build, manage, preserve, and transition their financial resources and wealth

WIM serves clients through the following businesses:

* Wells Fargo Private Bank serves high-net-worth individuals and families.
* Abbot Downing serves ultra-high-net-worth individuals and families.
* Wells Fargo Advisors provides investment advice and guidance to clients through more than 13,200 full-service financial advisors and referrals from more than 5,450 licensed bankers.
* Wells Fargo Asset Management brings together a strategic balance of investment capabilities to serve the investment needs of institutions, financial advisors, and individuals worldwide.

Through Wells Fargo Private Bank and Abbot Downing, WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services and a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients.

The WFA Operations Control - Control Associate will consult with senior leaders in developing corrective actions for new issues and will be assigned to monitor the resolution of outstanding issues to ensure compliance with regulatory requirements and the Corporate Issue Management Policy. The Associate will partner with business owners to ensure controls are well designed in order to address the risk and root cause of the issue. The Associate will partner with business process owner and functional partners in Risk & Control Self-Assessment (RCSA) workshops. They will also work with the business to implement control processes to mitigate and reduce risk, and ensure that controls are documented to mitigate the risk and operate effectively. In addition, the Associate will support monthly and quarterly risk reporting requirements. They will also provide pre-validation testing support to provide assurance that the issue has been properly remediated before the issue is closed or validated by another testing function.

Specific core competencies include:

* Supporting WFA Operations Group Leaders and WIM Operations Control Leader in ensuring effective front line risk identification, measurement, monitoring, controls and mitigation; counseling business leaders on risk, issues, and remediation
* Maintaining deep and dynamic understanding of the key business processes core to the WFA business
* Identifying and assessing risks with the business
* Designing new and enhancing existing controls in partnership with business owners including effectiveness measures, implementation support, validation of effectiveness post-implementation and controls evaluation based on defined triggers
* Tracing controls back to formal, documented business procedures owned in the business
* Providing ongoing monitoring and assessment of the operating/control environment, including business environment changes such as new business initiatives, product change, regulatory change and/or enterprise policy change
* Facilitating end to end issues management for functional areas within WFA Operations
* Develop action plans and validate sustainability
* Identifying appropriate root cause and any relevant themes/trends to lead to proactive risk mitigation

IMPORTANT: This position will start remotely, however candidates will be expected to return to 1 N. Jefferson Ave in Saint Louis, NO at a future point in time. Please Note: This role is not open to telecommute long term.

Required Qualifications
* 2+ years of risk management experience demonstrated through work or military; or 1+ year of financial services industry experience and a BS/BA degree or higher in business

Desired Qualifications
* Strong organizational, multi-tasking, and prioritizing skills
* Excellent verbal, written, and interpersonal communication skills

Other Desired Qualifications
* Bachelors degree in either accounting or finance
* The ability to effectively interact with all levels of management and staff
* Strong analytical and critical thinking skills as well as ability to gain an understanding of and evaluate the internal controls of previously unfamiliar areas
* Strong organizational skills, ability to work independently and on multiple initiatives concurrently
* Should have or be willing to obtain NASD Series 7 securities registration
* Knowledge and understanding of Brokerage industry: control, compliance, risk management, or audit operations
* Experience working in or closely with Wealth and Investment Management lines of business (or external equivalents) sufficient to demonstrate a working knowledge of their products/services, key processes/systems, and organizational structure
* Strong technical knowledge of risk management frameworks and principles, internal control design objectives, audit/testing/quality assurance methodologies
* Familiarity with root cause analysis
* The ability to manage multiple engagements simultaneously while delivering all commitments on time and with high quality
* Prefer candidate with experience performing audit engagements within brokerage and/or investment advisory
* Prefer candidate with experience with SHRP Issue Management and performing issue validations

Street Address
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

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.