About Wells Fargo
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
Job Description and details
Wells Fargo Technology is a team of more than 40,000 information technology and security professionals who help keep Wells Fargo at the forefront of America's diversified financial services companies. Employees execute an engineering-led IT strategy to deliver stable, secure, scalable and innovative services that provide Wells Fargo global customers 'round-the-clock' banking access through in-store, online, ATM, and other channels. Wells Fargo Technology plays a critical role in the company's customer and employee experience, business and risk management transformation, and growth agenda.
Department Overview
The Technology Control group is a part of the Technology organization. Its functions improve how we own, assess, manage, and report technology risks, while ensuring that we have strong technology risk expertise, employ the concept of risk management as a utility – operationalizing for efficiency, and move us to progressive risk management based on data and analytical processes.
This position will report to the Technology Control International (TCI) team and will provide direct support across the organization to the various leaders that execute and manage the current risk programs within EMEA. This position will engage with multiple Risk and Control stakeholders across technology lines of defense to enable strong Risk Management practices and capabilities.
Required Qualifications- University degree
- Substantial experience in Technology Risk / Control Management and one or a combination of the following: Technology project management, implementation or strategy roles
- Strong co-ordination / communication skills
Desired Qualifications- Ability to articulate complex concepts in a clear manner
- Ability to identify inefficiencies, opportunities to streamline business processes, and implement change
- Ability to manage complex initiatives
- Ability to motivate staff to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Ability to take on a high level of responsibility and accountability and demonstrate initiative
- Advanced Microsoft Office (Word, Excel, PowerPoint, Access, and Project) skills
- Excellent verbal, written, and interpersonal communication skills
- Knowledge and understanding of complex regulatory/compliance issues and potential solutions
- Strong problem solving and decision making skills
- Strong analytical skills with high attention to detail and accuracy
- Strong time management skills
- Identify trends and opportunities to improve department processes and procedures as identified
- Support initiatives to implement sustainable corrective actions
- Monitor new and emerging internal control related guidance and issues and assist with facilitating group-wide training to interested and impacted stakeholders
- Act as a change agent for continual improvement and seek opportunities to improve effectiveness and efficiencies through use of technology and identification of best practices
- Help to establish operational metrics and oversight practices to monitor team activities
Market Skills and Certifications
Other desired
Previous experience with Technology transformation initiatives, working across multiple regions and functions and previous experience in a regulated industry (not necessarily Financial Services)
The Technology Senior Control Associate will provide risk consulting and oversight within Technology Control EMEA. This role will support our teams in the EMEA as well as central Technology Control teams by providing cross-regional and legal entity specific coverage in the following areas:
Policy management: - Align EMEA coverage to central Technical Control model to ensure EMEA stakeholder engagement and communications to support policy adherence
- Manage the EMEA policy exception inventory; review and ensure policy exceptions are appropriate and managed, and execute monthly governance reporting.
- Support policy adherence monitoring, risk mitigation, and governance execution.
- Support policy development to ensure it includes the EMEA regional perspective and requirements
- Evaluate and challenge International and EMEA Technology's compliance with policy management requirements
Regulatory compliance risk management:- Facilitate EMEA-wide regulatory requirement and change alert reviews
- Partner with central and other regional (i.e. Can / LaTam & APAC) teams to analyze design and effectiveness of controls against regulatory requirements as needed
- Ensure EMEA regulatory risks are assessed and properly mitigated; perform regulatory compliance monitoring, risk mitigation, and governance execution
- Collaborate with Technology Regulatory Adherence to implement international governance routines
Cross-regional initiatives: - Co-ordinate with the US Technology and Technology Control teams for regional specific issues and corrective actions management
- Facilitate project management international DCL engagement process
- Ad hoc assignments to support various stages of the risk management lifecycle required across EMEA and in other regions, as necessary
Support regional reporting, internal audits, regulatory responses and issues management:- Liaise with the Central Reporting team and the TC EMEA teams to ensure that reporting is completed on time and to a high level of quality for the various legal entities
- Execute monthly governance reporting across EMEA for policy exceptions, project management, regulatory compliance and issues management, at the regional and legal entity levels
- Support EMEA internal audits, regulatory responses and inspections for all lines of businesses
- Support all lines of business and other Control functions in identifying, reporting and tracking issues and corrective actions to resolution
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.
Team members 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. |
