Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
About the Role
The Business Risk & Controls Officer will report to the Business Risk & Controls Associate Manager for Technology Control. Technology Control Self-Assurance team performs evidence based evaluations of processes, applications and infrastructure on a periodic basis using a risk based approach. Our focus is to ensure that Effective rated controls are operating effectively in mitigating their assigned risk and that applications and infrastructure are in compliance with required controls. The accountabilities of this position include, but are not limited to:
Performs or validates Self-Assurance Activities for all Effective controls aligned to Processes.
Support a governance framework to provide transparency, accountability, and escalation of risk management related matters
Knows when to act independently and when to lead and involve others in decision making process
Reviews own work product for completeness and accuracy against a set of criteria
Provides the team guidance on policy and processes in support of management
Provide subject matter expertise on regulatory expectations and industry best practice around risk and control frameworks
Partner with Second and third line of defense to inform, educate, and collaborate
Tests IT general controls (ITGC) including, but not limited to, change management, logical access and IT operations.
Maintains open communication with management. Communicates assessment progress and findings by providing information in status meetings, highlights unresolved issues, reviews, working papers and prepares final assessments reports.
Market Skills and Certifications
Market Skills and Certifications
University degree (Bachelor's or equivalent)
Minimum 6 years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 6+ years of IT systems security, IT General Controls, IT Application Controls, business process management or financial services industry experience, of which 3+ years must include direct experience in compliance, operational risk management, or a combination of both.
Advanced Microsoft Office skills
Excellent verbal, written, and interpersonal communication skills
Strong analytical skills with high attention to detail and accuracy
Ability to interact with all levels of an organization
Program management experience
Experience communicating with business partners and project managers
Certified Internal Auditor (CIA), Certified Information Systems Auditor, (CISA) Certification in Control Self-Assessment (CCSA), Certified Information Systems Security Professional, (CISSP) or other risk management discipline certification
Experience communicating in both written and verbal formats with senior executive-level leaders
Other Desired Qualifications
6+ Years risk management experience with demonstrated team player skills and ability to mature risk management programs.
IT audit/audit consulting experience.
Advanced Enterprise Risk Management experience and perspective.
Experience successfully navigating and influencing global financial institutions on risk management topics.
Strong risk and control fundamentals, knowledge of frameworks and methodologies, common implementation challenges.
Experience in evaluating the adequacy and effectiveness of policies, procedures and controls.
Experience in review and development of risk ratings.
Experience in assessing risk, writing issues, and developing appropriate corrective actions.
Demonstrated negotiation skills, especially with difficult topics when partnering with senior management. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary.-Demonstrated experience with both strategic and tactical approaches to risk management.
Ability to synthesize data from a variety of sources and deliver results quickly.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo