Premium Employer

i

This company page is being actively managed by Wells Fargo Team. If you also belong to the team, you can get access from here

Wells Fargo Verified Tick

Compare button icon Compare button icon Compare
filter salaries All Filters

204 Wells Fargo Jobs

Lead Control Management Officer

5-10 years

Bangalore / Bengaluru

Lead Control Management Officer

Wells Fargo

posted 8d ago

Job Role Insights

Flexible timing

Job Description

In this role, you will:
  • Lead complex initiatives designed to mitigate current and emerging risks with broad impact
  • Act as key participant in monitoring, evaluating, and measuring the impact of decisions practiced in Control Management functional area
  • 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
  • Develop and implement risk monitoring and risk reporting processes and controls
  • Collaborate with relevant business group to identify current and emerging risks associated with business activities and operations, and provide guidance in developing and implementing risk-mitigating strategies
  • Lead Control Management project or virtual teams


Required Qualifications:

  • 5+ 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:

  • Executes and implements business control priorities and strategy; drive the control agenda across the business.
  • Act as an advisor to more experienced leaders in developing risk mitigation strategies for complex and highly integrated business specific risk across different business lines
  • Evaluates and provides strategic guidance for programs, policies and procedures to ensure alignment with regulatory requirements and risk strategies.
  • Identify and recommend Business Controls opportunities for process improvement and risk control development by managing and directing teams on strategy and execution of activities
  • Supports to the business for the design of business-specific risk controls/processes and development of remediation plans to address any control weaknesses or gaps and identifies opportunities for enhancements.
  • Ensures that business control issues are proactively identified and addressed appropriately, escalating where necessary.
  • Oversees programs or initiatives related to a line of business and/or an Enterprise strategy with considerable impact across the Enterprise and externally.
  • Determine appropriate strategies and actions of Business Controls functional area to meet moderate to high-risk deliverables by ensuring that all business risk issues are proactively identified and addressed appropriately
  • Key interface and fosters relationships with corporate, business heads, Corporate Risk, Legal, Audit, regulators, and industry partners regarding risk management of business-specific risk programs
  • Risk & Control Self-Assessment (RCSA)
  • Perform process walk throughs, as needed, to identify and raise self-identified issues and heighten Issue Management discipline in the frontline. Facilitate workshops for aligned business verticals or trigger events in BAU, Review and Challenge Board prep, Suite of Controls reviews post workshop and day to day in BAU, Conduct NBI Review, Day-to-day contact for business or enterprise function
  • Issue Management Support: Conduct weekly issue meetings with business partner(s) inclusive of designed strategy to remediate issues which garner residual risk reduction, Review and approve PVCs, issues, CAs, ISMs and tollgate documents, Conduct thematic analysis across assigned vertical as well as with peers, Facilitate Tollgates, Review issue status updates
  • Transition Control Related Reviews: Perform reviews on transitions per Transition Framework, Controls opinion/acknowledgement, Second-line engagements etc.
  • Control Design & Evaluation: Assesses controls to ensure appropriately mitigates risk, Partners with BG/EF to appropriately design controls and QA/QC monitoring activities, Partner with business process owners in process and control design
  • Governance & Reporting Routines: Establish Controls governance/reporting routines to provide Risk & Controls landscape view and escalate issues as appropriate. Identify emerging risks or escalations that require IP CLCC/ Risk & Control Committee review, Provides root cause analysis and plans actions for breaches of defined reporting triggers, Partners with BG/EF leaders to develop Risk & Control Governance Committee and forum materials/discussion items, Participates in the BG/EF design of key metrics to oversee business risk, Facilitate other front-line governance activities
  • Advisory role: Provide input into enterprise policies and procedures, Key business initiatives and continue to engage in Risk & control management discussions with the LOB Functions, Business partners and Operations
  • During the recruiting process you may be considered for a role based on your expertise in a particular Control LOB. Additionally, each business has a specific location strategy, therefore your candidacy may be determined based on your current location. Remote work locations are not available for these roles so if you are not in a location listed on the posting, you must commit to relocation within an agreed upon timeframe
  • 5+ years of overall experience in Risk Management or Financial Services industry, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
  • Knowledge and a broad background in Corporate and Investment Banking
  • Experience in Operational Risk Management
  • Experience in assessing risk, reviewing risk ratings, and identifying control deficiencies.
  • Adaptable to a dynamic work environment with multiple priorities and strict timelines and able to organize for responsiveness and efficiency
  • Proven ability to work within a team environment as well as individual accountability
  • Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment. Propensity to deliver high quality output
  • Ability to synthesize data from a variety of sources and deliver results quickly.
  • Novice negotiation skills include the willingness and ability to question decisions, understand direction and escalate issues, where necessary.
  • Experience evaluating the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls; additional experience analyzing business and/or systems changes to determine impact.
  • Familiar with various quality assurance techniques, issue verification frameworks and role of issue oversight, Audit, or internal controls assessment experience
  • Understanding of US banking regulatory requirements. Applies product/domain knowledge to improve/add value to the processes, Line of defense Structure
  • Experience working in a matrixed environment and the ability to effectively manage and build relationships
  • Ethical integrity and demonstrated ability to identify risks and confidently raise issues, escalate early and engage in constructive challenge, doing so independently

Employment Type: Full Time, Permanent

Read full job description

Prepare for Management Officer roles with real interview advice

Top Wells Fargo Management Officer Interview Questions

Q1. Detect the First Node of the Loop in a Singly Linked List You are provided with a singly linked list that may contain a cycle. Your task is ... read more
Q2. How have you implemented dependency injection in your .NET Core projects? How have you used the Razor engine to build dynamic views in your ... read more
Q3. How have you handled security in your Angular and .NET Core applications, such as implementing JWT or OAuth authentication?
View all 274 questions

What people at Wells Fargo are saying

What Wells Fargo employees are saying about work life

based on 6.5k employees
58%
93%
76%
66%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Wells Fargo Benefits

Submitted by Company
Education benefits
Well-being
Paid time off
Submitted by Employees
Free Transport
Health Insurance
Cafeteria
Gymnasium
Work From Home
Team Outings +6 more
View more benefits

Compare Wells Fargo with

HSBC Group

3.9
Compare

Standard Chartered

3.7
Compare

JPMorgan Chase & Co.

4.0
Compare

Bank of America

4.2
Compare

Goldman Sachs

3.5
Compare

Morgan Stanley

3.7
Compare

Barclays

3.8
Compare

UBS

3.9
Compare

Cholamandalam Investment & Finance

3.9
Compare

Citicorp

3.7
Compare

BNY

3.9
Compare

American Express

4.2
Compare

State Street Corporation

3.7
Compare

IDFC FIRST Bharat

4.5
Compare

HDFC Sales

4.0
Compare

Aditya Birla Capital

3.9
Compare

BNP Paribas

3.8
Compare

FactSet

3.9
Compare

Aon

3.8
Compare

The Muthoot Group

3.5
Compare

Similar Jobs for you

Management Officer at Wells Fargo International Solutions Private Ltd

Bangalore / Bengaluru

5-9 Yrs

₹ 7-17 LPA

Management Specialist at Wells Fargo International Solutions Private Ltd

Bangalore / Bengaluru

4-6 Yrs

₹ 7-17 LPA

Senior Consultant at Wells Fargo International Solutions Private Ltd

Bangalore / Bengaluru

4-9 Yrs

₹ 7-17 LPA

Management Specialist at Wells Fargo International Solutions Private Ltd

Bangalore / Bengaluru

4-8 Yrs

₹ 7-17 LPA

Management Specialist at Wells Fargo

Hyderabad / Secunderabad

3-6 Yrs

₹ 12-14 LPA

Control Specialist at Wells Fargo International Solutions Private Ltd

Bangalore / Bengaluru

4-9 Yrs

₹ 7-17 LPA

Management at AMERICAN EXPRESS

Gurgaon / Gurugram

6-11 Yrs

₹ 20-35 LPA

Management at Wells Fargo International Solutions Private Ltd

Hyderabad / Secunderabad

5-10 Yrs

₹ 7-17 LPA

Senior Analyst at American Express Company

Gurgaon / Gurugram

2-6 Yrs

₹ 7-11 LPA

Senior Manager at American Express Company

Gurgaon / Gurugram

4-9 Yrs

₹ 11-16 LPA

Wells Fargo Bangalore / Bengaluru Office Location

View all
Bangalore / Bengaluru, Karnataka Office
Outer Ring Road, Bengaluru, Karnataka 560103, IN Bangalore / Bengaluru, Karnataka
560103

Lead Control Management Officer

5-10 Yrs

Bangalore / Bengaluru

8d ago·via naukri.com

Software Engineering Senior-Manager

6-10 Yrs

Hyderabad / Secunderabad

2hr ago·via naukri.com

Independent Testing - Specialist

2-4 Yrs

Bangalore / Bengaluru

2hr ago·via naukri.com

Analytics Associate

6-9 Yrs

Bangalore / Bengaluru

2hr ago·via naukri.com

Senior Process Engineer - RCSA

4-7 Yrs

Hyderabad / Secunderabad

2hr ago·via naukri.com

Treasury Analyst

2-5 Yrs

Bangalore / Bengaluru

2hr ago·via naukri.com

Due Diligence Diligence-Coordinator

3-6 Yrs

Hyderabad / Secunderabad

2hr ago·via naukri.com

Lead Analytics-Consultant

5-9 Yrs

Bangalore / Bengaluru

2hr ago·via naukri.com

Senior Control Management - Specialist

4-9 Yrs

Bangalore / Bengaluru

2hr ago·via naukri.com

Lead Control Management-Officer

5-10 Yrs

Hyderabad / Secunderabad

2hr ago·via naukri.com

Recently Viewed

JOBS

Pegasystems

No Jobs

JOBS

CirrusLabs

No Jobs

JOBS

Lodha Group

No Jobs

REVIEWS

Wells Fargo

No Reviews

SALARIES

Wells Fargo

JOBS

Wells Fargo

No Jobs

JOBS

MOURI Tech

No Jobs

REVIEWS

Knight Frank

No Reviews

write
Share an Interview
How was your last interview experience?
Rate your experience using AmbitionBox
Terrible
Terrible
Poor
Poor
Average
Average
Good
Good
Excellent
Excellent