The Job logo

What

Where

Senior Control Management Specialist

ApplyJoin for More Updates

You must Sign In before continuing to the company website to apply.

For more than 160 years, Wells Fargo has been in the risk management business. It’s central to what we do, and it’s never been more important.  If you have a passion and desire to understand and help mitigate risk, you will be interested in reading further.

 

Who We Are: We evaluate whether Issues have been thoroughly mitigated, and confirm that evidence of that mitigation meets a high standard. Our approach is based on industry standards for Issue verification. We evaluated Root Cause Mitigation, Design Effectiveness, Outcomes, Sustainability, and Evidence Adequacy in alignment with Wells Fargo policies and standards.

 

We are looking for employees to perform evidence-based control evaluations. This process will conduct control testing and Issue verification for all Critical/High severity and Regulatory issues in advance of Issue Closure Tollgates.

 

We are looking for a Front Line Issue Verification Execution Team Member to join our team and bring prior control and operating effectiveness assessment experience to the Front Line. The right candidate will be responsible for evaluating Issues, including conducting root cause analysis, assessing the effective of solution design, testing the outcomes of that design, and finally ensuring the closure evidence meets standards - while connecting and building relationships with key partners.

Functional Responsibilities will include:

-Conduct verification testing of Issues at key points in the Issue Management lifecycle to identify observations on the success of mitigation efforts, and ultimately provide Issues rating. Conduct activities in coordination with LOB stakeholders, and in alignment with Issue Management frameworks and policies.

-Manage the intake of documentation requests and subsequent requests for additional documentation

-Execute pre-verification  and planning activities (i.e., execute pre-verification checklist, develop verification plan)

-Perform verification activities leveraging issue verification framework and related policy and procedures

-Drive quality and consistency across the issue verification program

-Draft conclusions and/or findings based on the verification activities performed

-Maintain verification documentation (e.g., test plan, verification checklist, verification summary memo, etc.)

-Interfaces internally with the team.

-Dynamic Individual contributor role which requires the ability to manage multiple simultaneous workstreams at once.

 

These critical roles will dispersed into the various lines of business at the time of hire (WIM, Commercial, CIB, etc.). 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.


Required Qualifications, US:

  • 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


Required Qualifications, International:

 

- Overall minimum 10 years of experience with 5+ years of experience in controls management /internal audit (third line of defense)/ or 5+ years of financial services industry experience, of which 3+ years must include direct experience in control testing and/or internal audit (third line of defense).


Desired Qualifications:

• Track record of working in a team-based environment to solve business challenges

• Ability to drive quality and consistency across the issue verification program

• Experience in the development of testing plans and procedures.

• Experience in documentation of test results in a clear and precise manner which enables independent third party review of test procedures employed.

• Ability to multitask efficiently while paying close attention to detail

• Listens without interrupting, asks clarifying questions as needed, forms judgements with consideration.

• 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.

• Audit and/or internal control evaluation experience

• Risk Management Certification Programs

• Ability to influence and consult internally.

• Strong risk and control fundamentals.

• Written and oral communication skills

• General awareness of operational risk management in the financial services industry.

• Experience in assessing risk, reviewing risk ratings, and identifying control deficiencies..

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

• Capable to deliver high quality output

Set alert for similar jobsSenior Control Management Specialist role in Hyderabad, India
Wells Fargo Logo

Company

Wells Fargo

Job Posted

a year ago

Job Type

Full-time

WorkMode

On-site

Experience Level

3-7 years

Category

Operations

Locations

Hyderabad, Telangana, India

Qualification

Bachelor or Master

Applicants

Be an early applicant

Related Jobs

Wells Fargo Logo

Senior Control Management Specialist

Wells Fargo

Chennai, Tamil Nadu, India

Posted: a year ago

About this role: Wells Fargo is seeking a Senior Control Management Specialist... 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, US: 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 Required Qualifications, International: 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: 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 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 multi task 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 Job Expectations: 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.

Wells Fargo Logo

Institutional Investment Operations Manager

Wells Fargo

Hyderabad, Telangana, India

Posted: a year ago

About this role: Wells Fargo is seeking an Institutional Investment Operations Manager... In this role, you will: Manage and develop team of individual contributors and managers working on complex issues Support the lifecycle of Institutional trades while managing a larger group or multiple groups covering the following functions; client account onboarding, cash payments, customer service, funding operations, custodial operations, securities settlement services, structured loan operations, general ledger reconciliation, as well as, work to resolve confirmation and ISDA related issues Identify and recommend opportunities for process improvement and risk control development Collaborate with all business partners and various departments, create efficiencies and mitigate risk for team and organization Resolve complex issues and processes within Institutional Investment Operations Make decisions and resolve issues regarding resources, objectives and operations of functional area and team to meet business objectives Interpret and develop policies and procedures for functions with low to moderate complexity Collaborate and influence all levels of professionals including more experienced managers Lead team to achieve objectives and strategy Manage allocation of people and financial resources for Institutional Investment Operations group Mentor and guide talent development of direct reports and assist in hiring talent Required Qualifications, US: 4+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education 2+ years of Leadership experience Required Qualifications, International: Experience in Institutional Investment Operations, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Wells Fargo Logo

Control management Senior manager - Risk programs Execution

Wells Fargo

Bengaluru, Karnataka, India

Posted: a year ago

About this role: Wells Fargo is seeking a Control Management Senior Manager In this role, you will: Manage and develop a team of managers, experienced officers, and officers in roles with moderate complexity and risk in accomplishing goals and priorities associated with the functional area Engage and influence corporate heads, business heads, legal, audit, regulators, and industry partners associated with the function, or who are affected by its outcomes Identify and recommend Business Controls opportunities for process improvement and risk control development by managing and directing teams on strategy and execution of activities 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 Interpret and develop policies and procedures for functions with moderate complexity within defined scope of responsibility Collaborate with and influence key stakeholders including managers Interact directly with relevant business groups Manage allocation of people and financial resources to ensure commitments are met and aligned with strategic objectives in Business Controls functional area Develop and guide a culture of Business Controls talent development to meet business objectives and strategies Required Qualifications: 15+ years of Risk Management or Business Controls experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education 7+ years of Management experience Required Qualifications, International: Experience in Risk Management, Business Controls, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Management experience Desired Qualifications: Strong analytical skills with high attention to detail and accuracy Excellent verbal, written, interpersonal communication skills and stakeholder management. Experience in analytics role Job Expectations: Demonstrate strong leadership and communication skills Build, and maintain solid working relationships in and outside of immediate department Influence and drive change and initiatives Identify and evaluate exposures and potential risks, including identification of resolution Interact and lead complex discussions comfortably with senior levels of management. Manages communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics.

Wells Fargo Logo

Senior Securities Research Specialist

Wells Fargo

Hyderabad, Telangana, India

Posted: a year ago

About this role: Wells Fargo is seeking a Senior Securities Research Specialist... In this role, you will: Work on various work streams that form key components of Wells Fargo's Corporate Banking debt financing, F/X , and/or Rates products, across sectors Assist in preparing Credit memos, credit reports or annual reviews for corporate clients including support in drafting company/borrower overviews, business description, industry overviews, corporate actions and in performing historical financial analysis and industry or peer analysis Work on borrower rating, capital structure and covenant analysis Work on publishing quarterly or annual earnings summaries for target portfolio companies and in tracking credit rating reports or equity reports Prepare market or sector updates, sector newsletters to keep a track of key market developments Monitor and track covenant compliance Support in drafting non-borrower reports, Annual credit reviews or CAC Memos Develop excellent working knowledge of market database tools e.g. Fact set, Thomson one, Capital IQ, Moody's, S&P etc. Interact with multiple stakeholders to achieve the desired goal Would be required to operate in the US time zone providing real-time support to the US stakeholders covering various products and sectors as part of the core team looking to add significant value to the India franchise  Required Qualifications, US: 4+ years of Securities Research experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Required Qualifications, International: MBA, CA, CFA or Masters in Finance from a premier education institute 3-5 years' experience in Corporate Banking, Credit research or Debt advisory Experience in working in any of the following sectors: Consumer & Retail, Healthcare, TMT, FIG, Industrials or Energy & Power Strong inclination towards building a career in Corporate Banking, Corporate Finance, Investment Banking or Capital Markets Good understanding of Credit metrics, Covenants, Capital structure, Financial statement and ratio analysis Impeccable communication and interpersonal relationship skills with the ability to interact with senior professionals and key stakeholders Strong logical, analytical skills and a systematic problem solving approach Ability to proficiently use Microsoft Office Applications - Power Point and Excel Strong time management skills and ability to work under pressure and meet strict deadlines Attention to detail and ability to ensure high quality of deliverables Ability to interact with integrity and a high level of professionalism with all levels of team members and management Results driven, accountable and ability to work with multiple priorities in a fast-paced and results-driven environment

Wells Fargo Logo

Buying Coordinator

Wells Fargo

Hyderabad, Telangana, India

Posted: a year ago

About the Role Responsible for routine and medium to difficult complex purchase orders of PC hardware, software, and lease or rental of products, services and equipment utilizing purchase order eProcurement systems and processes, incorporating transactional orderable product identifier data, while providing Buying Team operations support. Considered a commodity expert for routinely purchased products and related services, the candidate will interact with customers and suppliers for ensuring requirements for products and services are fulfilled throughout the procure to pay life cycle process.  Identifies, recommends, and supports implementation of improvements in tools and processes in order to streamline and automate existing processes. Responsibilities: The Buying Coordinator is responsible to Manage requisition lifecycle from initial request through PO fulfillment; consistently uses automation tools within the buying process to deliver an optimized process and improved turnaround time. • Address escalated issues with key stakeholders and ensure timely resolution • Supports Buying Team delivery of routine and complex purchase orders of PC hardware, software, and Non IT Related Spend categories using eProcurement systems • Responsible for tracking supplier performance and will provide where necessary reporting and monitoring of inventory levels • Identifying Purchasing needs and negotiating with Suppliers • Determination to minimize risk of buying operations and continuously meet or exceed departmental SLA measurements. • Interacts with suppliers’ customer service teams and LOB stakeholders and requestors to clarify orders and/or special instructions, in addition to defective equipment returns for replacement. Meets contractual and departmental SLAs • Working with Catalog Admin team to get the Item adds done • Being the point of contact and owns the customer relationship for each purchase. • Supports ongoing system testing (UAT, PROD validation, and BCP events) Essential Qualifications: • University degree in any stream. • Experience of more than 2+ years in supply chain • SAP Ariba & SAP ECC Procurement Experience - minimum 1+ year • Basic Supply Chain Management Knowledge. • Subject matter knowledge in Accounts Payable, Accounts Receivable, and/or Billing and Collections • Ability to effectively support buying team operations and meet departmental SLAs. • General knowledge of problem resolution steps, financial controls, and purchasing procedures