Market Job Description
Responsibilities include :
Identify, design, and implement cross-functional risk programs, procedures and controls for enterprise requirements and local / jurisdictional requirements in conjunction with Regional Business Control Leaders and LOB Control teams
Provide input into the development of enterprise-wide and region-specific risk programs and policies in coordination with Control Executive Risk program leaders and IRM
Coordinate the implementation of cross-functional regulatory change management in partnership with Regional Business Control Leaders, Regulatory Control and LOB Control teams
Assist in the design and implementation of controls to address outstanding cross-functional issues within the international regions, including issues identified by Wells Fargo Audit Services and Regulators
Coordinate reviews (testing and validation, WFAS, regulatory exams) of the International Control implementation of risk management program requirements in alignment with Corporate Risk and Regulatory requirements
Manage relationships and foster a team orientation with corporate, business heads, legal, audit and multiple US and non-US regulators
Establish a cross-functional issues management program, including issue intake, root cause analysis, corrective action and related plan development, management through the target completion date and validation, in coordination with Wholesale Control Issues Management and LOB Issues Management teams
Establish a cross-functional Regulatory Change Management program in accordance with the Regulatory Change Management Policy
Develop and implement a front line engagement model in collaboration with other senior leaders across IRM, Wholesale Control, International Control, Regional Control Leaders to assess impact to business for regulatory changes
Establish implementation procedures to intake regulatory changes, confirm initial business applicability, and for potentially actionable changes partner with relevant stakeholders on business impact to identify action plans to refine business processes and update controls
Participate in APAC Regulatory Forums to inform on readiness of business processes and control adjustments and implementation
Promote and maintain a risk culture that encourages an informed, measured, disciplined and balanced approach to understanding and managing business process risk and controls.
Market Skills and Certifications
Required Qualifications :
10+ 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;
business process management or financial services industry experience, of which 5+ years must include direct experience in compliance, operational risk management, or a combination of both.
Leadership Expectations at Wells Fargo
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.