Wells Fargo Control Management Specialist 

Philippines, Maypajo 

166960110

In this role, you will:

• Develop and maintains partnerships with the business process owner by consulting and providing expertise in the control design to effectively mitigate risks, including design of effective means of measurement.
• Contribute to the development and enhancement of the business control environment through execution of the Risk and Control Self-Assessment (RCSA) program .
• Engage in the development and implementation of new controls, action plans, and root cause analysis
• Support the evaluation and design of appropriate metrics to inform and monitor the health of the operational risk environment.
• Identify areas of improvement in existing processes. Identify gaps and recommend improvements.
• Support a strong risk management culture through the implementation of key risk management programs into the standard operating framework of the business.

Required Qualifications, International:

• 5 – 10 years of experience in risk management or 5+ years of financial services industry experience
• B Com, BBM, MBA, M Com with Business, Finance, Banking, Accounting or Economics as preferred major subject.
• Understanding of Consumer Lending products and services like Home Loan, Servicing, Credit and Merchant Services, Personal Loans and Auto Loans.

Desired Qualifications:

• Knowledge and understanding of operational risk management in the financial services industry
• Ability to evaluate changes to laws, processes, etc. to assess impacts and to develop implementation plan to close gaps
• Comprehensive understanding of operational risk management and or operations process management
• Understanding of US consumer law
• Strong leadership skills with the ability to interact and lead discussions comfortably with senior levels of management and regulators
• Knowledge and understanding of financial services: regulations, compliance, policies, process, and procedures
• Ability to consult, build, and maintain solid working relationships in and outside of immediate department
• Ability to manage initiatives involving process improvements
• Excellent communication skills and ability to articulate complex material to a diverse audience
• Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals
• Ability to prepare management level presentations
• Ability to lead projects/initiatives with high risk and complexity

Job Expectations:

• Perform reviews on transitions per Transition Framework, Controlsopinion/acknowledgement,Second-line engagements etc.
• Support functionally to meet the BCM goals and control coverage requirements. The job involves interacting with the business group managers, onshore/offshore partners to understand and analyze the processes, identify risks and controls in the processes, evaluate the controls, End to End Issue Management support Business and publish various reports to stakeholders.
• Should have sound understanding of risk management principles and will be responsible for ensuring appropriate control coverage is provided for the assigned business group, be a strong partner for business group to identify risk, control gaps and help to remediate any issues.
• Timely update, report and escalate of issues. Closely work with GDAs to identify, assess and mitigate deficient controls / control gaps or risks identified in the processes
• Partner with BG/EF to facilitate issues partners throughout the issue lifecycle including Root cause identification, Corrective action development and RCSA alignment.
• Experience in evaluating the adequacy and effectiveness of policies, procedures, processes, systems and internal controls; additional experience analyzing business and/or systems changes to determine impact.
• Assist for control forums and provide necessary reporting for the assigned business group which includes report & escalate issues, key risks, control gaps, corrective actions, OREs and align them to the respective onshore Risk and Control Committees.
• Subject matter expert with respect to aligned lines of businesses.

Working Hours:

• 4-6 hours overlap with US Teams

29 Aug 2024

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Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.