Control Management Specialist

About this role:

Wells Fargo is seeking a Control Management Specialist

In this role, you will:

• Participate in mitigating current and emerging risk exposures associated with the activities and operations of the assigned business group, and identify opportunity for process improvements within the scope of defined business control responsibilities
• Review and analyze basic business challenges that require research, evaluation, and selection of alternatives
• Develop and implement risk monitoring, risk reporting processes, and controls while evaluating and reporting results where necessary
• Present recommendations for resolving complex situations and exercise independent judgment while developing Control Management functional area expertise
• Provide support in the interpretation of policy, guidelines, and governance programs as front line liaison to Independent Risk Management area
• Collaborate and consult with Control Management team and key stakeholders, including internal customers

Required Qualifications:

• 2+ years of Risk Management or Financial Services industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Be part of the front-line Business Control Management (BCM) team responsible for review, research and disposition of transaction monitoring alerts to identify potential anomalies and policy breaches across asset classes supporting the CIB Markets business.

• Business Control Management (BCM) team member to support the Corporate and Investment Banking (CIB) Markets business.

• Perform CIB Markets controls and activities across asset classes for compliance with regulatory and internal requirements.

• Identify any non-compliant activity and escalate questionable trading activity to the onshore team; support remediation where required.

• Collaborate and consult with onshore teams and India Management for any escalations and process improvement ideas.
• ​Partner the internal stakeholders (Line of Business Chief Operating Officers, Compliance, etc.) ensure adherence to the bank’s supervisory framework and to maximize efficiencies.
• Remain updated on developments and changes concerning relevant regulatory rules/regulations and policies.
• Actively participate in team meetings. Bringing solutions / suggestions / recommendations to the table.
• Develop, oversee, and provide independent credible challenge to standards with subject matter expertise.
• Assist with analysis and implementation of new and enhanced business controls and processes.
• Provide work direction to less experienced staff.

Job Expectations:

• Experience in trade surveillance, transaction monitoring, or equivalent including direct experience reviewing alerts in trade surveillance role.
• Ability to work in a matrix global organization structure.
• Strong financial products and financial markets knowledge.
• Proficient knowledge of data sets for trading in Markets products, including but not limited to quotes, orders and executions.
• Knowledge of U.S., U.K. and Asia regulations.
• Ability to handle multiple tasks in a fast-paced environment.
• Strong written communication and verbal communication skills in English.
• Excellent analytical skills and strong attention to detail.
• Must exhibit highest standards of integrity and maintain confidentiality.
• Experience in creating MIS and capability to work with business analytics tools (Power BI, Tableau, QlikView, MS Dynamics).

Posting End Date: 

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

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