Wells Fargo Senior Control Management Specialist 

India, Telangana, Hyderabad 

268416695

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
• Monitor moderately complex business specific programs and provide risk management consulting to support the business in designing and implementing risk mitigation strategies
• 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:

• 4+ years of Risk Management or Control Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience in Financial Services industry and / or risk & control domains covering operational risk, controls testing / evaluation, compliance, internal audit, risk management etc.

• Experience in automation / advanced excel / reporting will be an advantage.

• General knowledge of industry standards and best practices around control evaluations / testing, internal audit and risk management processes.

• Experience creating test questions or test scripts

• Experience assessing control design and performance through testing, audit or Risk Control Self-Assessment practices

• Experience assessing processes, procedures and identifying controls

• Experience in assessing risk, reviewing risk ratings, identifying control gaps, and determining the appropriate evaluation methodology.

Job Expectations:

• Comprehensive understanding of operational risk management in the financial services or other highly regulated industries

• Strong analytical skills with high attention to detail and accuracy.

• Excellent verbal, written, interpersonal communication skills and stakeholder management.

• Demonstrate positive attitude and readiness to work in a challenging and dynamic environment.

• Flexibility to multitask and work across domains and business groups.

• Ability to credibly challenge, conduct tough conversations and effectively communicate with various levels of management

• Ability to synthesize data from a variety of sources and deliver results quickly.

Department Overview

We evaluate whether controls are well-designed and operating effectively. Our approach is tailored based on Risk and Control Self-Assessment (RCSA) data, and it supports proactive risk management in alignment with the Risk Management Framework. We perform evidence-based controls evaluations and document our outcomes based on applicable policies and standards.

Responsibilities

• Individual contributor role focusing on performing evidence-based control evaluations by conducting various evidence gathering activities.

• Design, maintain and execute the control evaluation scripts, identify control deficiencies, document and escalate potential issues to appropriate stakeholders.

• Validate & track action plans, escalate issues as required and document the control test artifacts and findings.

• Perform control evaluations for moderate to complex engagements, challenge status-quo and identify opportunities to add efficiencies or refining the existing processes.

• Engage and work with multiple stakeholders - front line business groups, risk program aligned functions and IRM teams for driving the objectives of risk and control programs.

• Instill and drive proactive risk culture, operational excellence and efficiencies.

Essential Qualifications and Experience

• Bachelor's degree or higher. Relevant certifications will be an advantage

• Overall experience of 8+ years with 5 years of relevant experience in Financial Services industry and / or risk & control domains covering operational risk, controls testing / evaluation, compliance, internal audit, risk management etc.

• Experience in automation / advanced excel / reporting will be an advantage.

• General knowledge of industry standards and best practices around control evaluations / testing, internal audit and risk management processes.

• Experience creating test questions or test scripts

• Experience assessing control design and performance through testing, audit or Risk Control Self-Assessment practices

• Experience assessing processes, procedures and identifying controls

• Experience in assessing risk, reviewing risk ratings, identifying control gaps, and determining the appropriate evaluation methodology.

Essential Skills​

• Comprehensive understanding of operational risk management in the financial services or other highly regulated industries

• Strong analytical skills with high attention to detail and accuracy.

• Excellent verbal, written, interpersonal communication skills and stakeholder management.

• Demonstrate positive attitude and readiness to work in a challenging and dynamic environment.

• Flexibility to multitask and work across domains and business groups.

• Ability to credibly challenge, conduct tough conversations and effectively communicate with various levels of management

• Ability to synthesize data from a variety of sources and deliver results quickly.

19 Feb 2025

Wells Fargo Recruitment and Hiring Requirements:

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