Lead Control Management Officer - London, United Kingdom - Wells Fargo

Wells Fargo
Wells Fargo
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

About this role:


Are you ready to take the lead in shaping the future of banking? Join Wells Fargo's dynamic team where you'll have the opportunity to drive your own career growth while contributing to the evolution of the bank.


We are currently seeking a Lead Control Management Officer to join our Corporate & Investment Banking (CIB) Banking's Control organization.

This role offers the chance to provide risk and control leadership across our international CIB Banking businesses, serving multi-national corporate and institutional clients.


As the Lead Control Management Officer, you'll play a pivotal role in ensuring the effectiveness of risk management and control measures within our lending businesses, focusing on initiatives that impact multiple Risk Assessable Units (RAU) owned by CIB Banking.


If you're passionate about risk management and eager to be part of a forward-thinking team, we want to hear from you.


In this role, you will:


  • Provide control team support across a variety of topics including:
  • Marketing, sales activity, and transactional execution with large and sophisticated multi-national corporate clients, publicly traded and institutionally owned, based domestically as well as other global regions.
  • Credit underwriting, origination, distribution, and portfolio management of large corporate credit facilities, including lendingrelated compliance and capital/data reporting requirements.
  • Conduct and supervision of a large global team of licensed and regulated bankers, requiring focus on handling of MNPI, User Access, eCommunications, and Books/Records.
  • Play a key role in CIB Banking's Risk and Control Self-Assessment (RCSA) program by conducting detailed risk and control evaluations.
  • Support Control Team coverage of International CIB Banking Lending owned processes, risks, and controls.
  • Serve as the issue management point of contact for members of the business and consult with process owners to develop corrective action plans and control redesign. Oversee implementation progress and conduct control evaluation efforts as required. Coordinate with business and support partners for the creation of Self-Disclosed issues in Issues Management system of record.
  • Support the development and implementation of the CIB Banking Lending business' remediation book of work.
  • Escalate, where appropriate, and present risk initiatives and other topics to the International CIB Banking Risk and Control Council and other leadership forums.
  • Develop strong working relationships and continuously engage in discussions with LOB partners on strategy, industry trends, organizational changes to determine impact and identify and remediate risk and control issues across all risk types.
  • Provide operational risk expertise and consulting for projects and platform initiatives, taking into account impacts to risk & control framework.
  • Remain abreast of changes to risk programs, risk profiles, policies, procedures and other governing documents and processes.

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

Desired Qualifications:


  • Direct experience and working knowledge of Banking and Capital Markets businesses, operating models, and regulatory environments
  • Working knowledge of Corporate & Investment Banking businesses, its products and services, and relevant risks and controls of the business.
  • Knowledge of Risk and Control Self-Assessment (RCSA)
  • Experience with Issue Management, root cause analysis, and corrective action development
  • Strong analytical skills with high attention to detail and accuracy used to identify, assess and confidently raise risks and issues, escalate early, and independently engage in constructive credible challenge.
  • Highly professional, adaptable and proactive mindset with the ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a fast paced and complex environment.
  • Strong influencing skills with the ability to communicate effectively (verbal, written and interpersonal) with stakeholders at all levels of the organization.

Posting End Date:

4 Apr 2024


Job posting may come down early due to volume of applicants.

We Value Diversity


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.


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