Nov 14, 2019
Job Description At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you. Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk. The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company. Within Wells Fargo Compliance, the Enterprise Testing group is responsible for establishing and maintaining a consolidated Enterprise Testing program at the corporate level. Enterprise Testing is responsible for developing a common methodology and standards, providing governance and oversight, executing testing; and conducting horizontal reviews. Testing and validation teams are responsible for implementing the Enterprise Testing methodology and standards, and executing group- specific testing. Wealth and Investment Management (WIM) provides a full range of personalized wealth management, investment and retirement products and services to clients across U.S.-based businesses including Wells Fargo Advisors, The Private Bank, Abbot Downing, Wells Fargo Institutional Retirement and Trust, and Wells Fargo Asset Management. We deliver financial planning, private banking, credit, investment management, and fiduciary services to high-net-worth and ultra-high-net-worth individuals and families. We also serve customers' brokerage needs, supply retirement and trust services to institutional clients, and provide investment management capabilities delivered to global institutional clients through separate accounts and the Wells Fargo Advantage Funds. The WIM Testing & Validation (T&V) function performs regulatory compliance and operational risk testing and issue validation across all the WIM businesses. This leader will manage and support activities of the WFA and Financial Crimes testing teams within WIM Testing & Validation and will document and help ensure compliance with applicable corporate policies, including a special focus on issue validation and escalation activities. This leader will help lead the supported teams through corporate and WIM initiatives and will manage or coordinate certain testing activities horizontally across the WIM teams. This leader will be required to develop and maintain strong relationships within WIM T&V and across WIM Risk, Corporate Risk, Wells Fargo Audit Services, Regulators and Line of Business stakeholders. This position will report into the leader of the WFA and Financial Crimes testing teams within WIM Testing & Validation. Specific duties for this position include, but are not limited to: • Subject matter expert on the Issue Management Policy, Operational Risk and Compliance Escalation Standards, Enterprise Testing Standards and Procedures. • Developing training and processes to ensure supported teams are compliant with all applicable requirements. • Maintains inventory of and performs enhanced management and reporting on the WFA and Financial Crimes testing schedules including oversight of the consolidated schedule and any impacts or changes to that schedule. • WFA and Financial Crimes T&V liaison with WIM and LOB issue management partners. Independently identifies population of issues that requires validation by WIM T&V and ensures these are on the WIM T&V consolidated schedule. Confirms responsibilities, dates and all other details affecting WIM T&V with issue management partners. • Will lead WFA and Financial Crimes T&V teams through a variety of firm, Compliance and/or Enterprise Testing initiatives, such as SHRP Data Quality, Dependent Controls, Third Party testing approach, etc.) • May manage WIM T&V validation reviews or coordinated reviews involving support from the automated control testers in accordance with Enterprise T&V standards to ensure comprehensive coverage and consistency of execution. • May assist in facilitating independent reviews of the WFA and Financial Crimes testing teams such as internal audits or regulatory inquiries or examinations. • Serves as a delegate to the manager of the WFA and Financial Crimes team within WIM Testing & Validation, where needed, and will assist with budgeting, logistics and other functions needed to support the overall team. As a Team Member Manager, you are expected to achieve success by leading yourself, your team, and the business. Specifically you will: • Lead your team with integrity and create an environment where your team members feel included, valued, and supported to do work that energizes them. • Accomplish management responsibilities which include sourcing and hiring talented team members, providing ongoing coaching and feedback, recognizing and developing team members, identifying and managing risks, and completing daily management tasks Required Qualifications 8+ years of experience in compliance, operational risk management (includes audit, legal, credit risk, market risk, or the management of a process or business with accountability for compliance or operational risk), or a combination of both; or 8+ years of IT systems security, business process management or financial services industry experience, of which 4+ years must include direct experience in compliance, operational risk management, or a combination of both 3+ years of management experience Desired Qualifications Advanced Microsoft Office skills Excellent verbal, written, and interpersonal communication skills Strong analytical skills with high attention to detail and accuracy Ability to articulate complex concepts in a clear manner Ability to manage in a matrixed organization environment Experience working with changing priorities and deadlines Other Desired Qualifications • Experience cultivating relationships and collaborating with multiple stakeholders, including business leaders, legal, audit and regulators. • Demonstrated ability to work independently, self-starter, and highly motivated to work in a fast paced and changing environment • Knowledge of, and desire to become proficient in, the Issue Management Policy, Operational Risk and Compliance Escalation Standards and Enterprise Testing & Validation Standards and Procedures • Ability to take ownership of assigned policy requirements and ensure compliance with them • Specific experience related to operational risk and regulatory compliance testing and/or audit experience • Experience in Audit, Compliance, Risk and Testing • Critical Thinking and Analytical skills • Knowledge of WIM businesses • Audit or compliance related certification such as the CPA, CIA, CRCM, ACAMS, etc. • Bachelor's or Master's Degree in Business, Finance, or related field Salary Information The salary range displayed below is based on a Full-time 40 hour a week schedule. MO-Saint Louis: Min: $106,400 Mid: $152,000 MN-Minneapolis: Min: $106,400 Mid: $152,000 IA-Des Moines: Min: $106,400 Mid: $152,000 IA-West Des Moines: Min: $106,400 Mid: $152,000 NC-Charlotte: Min: $106,400 Mid: $152,000 OR-Portland: Min: $106,400 Mid: $152,000 TX-DAL-North Dallas: Min: $106,400 Mid: $152,000 TX-San Antonio: Min: $106,400 Mid: $152,000 SC-Fort Mill: Min: $106,400 Mid: $152,000 PA-Philadelphia: Min: $117,000 Mid: $167,200 SD-Sioux Falls: Min: $95,800 Mid: $136,800 Street Address MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO MN-Minneapolis: 600 S 4th St - Minneapolis, MN IA-Des Moines: 800 Walnut St - Des Moines, IA IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA NC-Charlotte: 401 S Tryon St - Charlotte, NC OR-Portland: 1300 Sw 5th Ave - Portland, OR TX-DAL-North Dallas: 14241 Dallas Parkway - Dallas, TX TX-San Antonio: 4101 Wiseman Blvd - San Antonio, TX SC-Fort Mill: 3480 State View Blvd - Fort Mill, SC PA-Philadelphia: 101 N Independence Mall E - Philadelphia, PA SD-Sioux Falls: 4811 N 4th Ave - Sioux Falls, SD Disclaimer All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
St. Louis, MO, USA