Wholesale Commercial Banking Operations Control Management Director

Control Management Director

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About this role : We are seeking a Control Management Director within the Wholesale Operations Control organization, which is the front line of risk and control management function to support assessing and managing risks and controls in partnership with the business. The control team works to ensure internal controls, processes, and procedures are effective. This team works directly with operations management to understand the risks, exposures, and trends that impact the business. The control team will also provide input and support on risk mitigating projects and initiatives. This role will report to the head of Wholesale Operations Control and will lead a dedicated front line control team to support Commercial Banking Operations (CBO). Successful candidates will have demonstrated product / industry knowledge, leadership capability, as well as understanding of enterprise operational risk frameworks, tools and governance. The role requires a sense of urgency, passion for results, and personal accountability. As a senior leader in the control organization, the Control Director will work closely with other senior leaders across Control, Operations, Risk, Compliance and partners from elsewhere in the company in the development and execution of risk management activities.

In this role, you will :

• Manage a global control team for the support of front-line operational risk and compliance requirements including RCSA, Issues management, Loss Capture, Governance, Audit and escalations.
• Partner with the CB Lending Operations Accountable Executive, RAU owners and BCMs to define controls standards and conduct reviews for process / risk / control opportunities.
• Lead RCSA efforts including creation of new RAU as well as on-going optimization efforts.
• Lead Move-the-Line assessment and monitoring efforts, as well as business process-change governance routines.
• Lead targeted risk assessment and control remediation efforts, including collection of business environment data to tell the story of applicable suite of controls.
• Implement strategies to meet organizational measures of performance (ORKRI)
• Support the inventory of business processes, internal testing, audit, regulatory engagements outputs and the integration with RCSA, EBCE, Trigger Events, and other core control functions as applicable
• Assessing control weaknesses and operational risk incidents (OREs) using methods such as root cause analysis
• Review controls for deficiencies and associated remediation (e.g., procedures gaps, rewriting control design and performance rationales to meet standards, rewriting MCR rationales to standards
• Control Development : Control Documentation, control evaluation, control implementation and monitoring
• Partner with risk and compliance functions to ensure effective controls vs. applicable policy, law, rule, regulation.
• Partner with the business to assess Business Environment and Internal Control factors.
• Partner with the CIB Lending Operations Control team on common efforts across Lending Operations processes and systems.

Required Qualifications :

Desired Qualifications :

Job Expectations :

Posting Locations :

Pay Range : $185,000.00 - $300,000.00

Benefits : Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below.

We Value Equal Opportunity : Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Wells Fargo Recruitment and Hiring Requirements :

Req Number : R-497675