Senior Control Management Specialist (Markets)

6 days left

Wells Fargo
London, United Kingdom
13 Jan 2023
12 Feb 2023
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
About this role:

Wells Fargo is seeking a Senior Control Management Specialist.

This position will be accountable for the front line control responsibilities related to the EMEA Markets line of business. This is a regional Specialist position which will develop and execute consistently with the Group Control Executive's 5 pillars amongst other objectives this targets risk identification & assessment, control & issue management and control design & evaluation.

The role will work within the EMEA Markets line of business (LOB) to implement and execute the required risk and controls framework and help identify, escalate and proactively manage "non-financial" risks in the designated lines of business. This position will partner functions across the second and third lines of defense as required.

In this role, you will:
  • Participate in identifying, assessing, managing, and mitigating current and emerging risk exposures within Control Management functional area
  • Provide risk management consulting to support the business in designing and implementing risk mitigation strategies, business processes, and business controls
  • Assist, advise and support the EMEA Markets business with the management of non-financial risk events and issues.
  • Monitor moderately complex business specific programs and provide risk management consulting to support the business in designing and implementing risk mitigation strategies
  • Support related LE Risk & Control Self-Assessment, and Control Design activities consistent with the Group Control Executive's 5 pillars, Risk Management Framework, regulatory commitments and associated policies established by Independent Risk Management (IRM)
  • Monitor, measure, evaluate, and report on the impact of decisions and controls to the relevant business group or functional area
  • Provide guidance to business groups on the development, implementation, and monitoring of business specific programs to identify, assess, and mitigate risk
  • Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations
Required Qualifications:
  • Experience in Risk Management, Control Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • Direct experience and working knowledge of a Markets business through experience in non-financial risk roles across the three lines of defense (including compliance, financial crimes, operational risk, audit, legal)
  • Detailed knowledge of front to back transaction lifecycles and bookings flows to support the business.
  • Provide succinct and timely reporting and tracking of progress including status of issues that supports effective decision-making
  • Excellent inter-personal skills with the ability to work, and collaborate with, geographically dispersed teams, in matrixed relationships and interact with all levels of an organization
  • Must be a proactive self-starter who values personal accountability and thrives under pressure in a fast-paced and demanding environment
  • Strong relationship management skills and organizational savvy with a 'no surprises' approach to communicating issues
  • Experience communicating in both written and verbal formats with Business leaders
  • Ability to analyze data and make connections across various data sets to make recommendations to management and project teams in a timely manner.
  • Ability to leverage creative thinking and problem solving skills to facilitate decisions and to ensure project outcomes result in expected business value.
  • Ability to exercise independent judgment to identify and resolve problems
  • Ability to articulate complex concepts in a clear manner
  • Ability to escalate issues
  • Ability to meet stringent deadlines
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skill
  • Solid conflict management and decision making skills
  • Strong analytical skills with high attention to detail and accuracy.
We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.