The Wells Fargo has invited applications for the post of Lead Control Management Officer.
Responsibilities:
- Lead complex initiatives designed to mitigate current and emerging risks with broad impact specific to programs and processes implanted in response to the consent orders and regulatory matters requiring attention
- 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
- Ensure that business control issues are proactively identified and addressed appropriately, escalating where necessary
- Support a strong risk management culture through the implementation of key risk management programs into the standard operating framework of the business
Qualifications:
- Overall 15+ years of experience in risk management or 15+ years of financial services industry experience, of which 12+ years must include direct experience in risk and control management, Program management, leadership experience of 5+ years
- B Com, BBM, MBA, M Com with Business, Finance, Banking, Accounting or Economics as preferred major subject.
- Understanding of Consumer Lending products and services like Home Loan, Servicing, Credit and Merchant Services, Personal Loans and Auto Loans.
- Knowledge and understanding of operational risk management in the financial services industry
- Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end-to-end risk management solutions and controls aligned with group’s processes
- Ability to evaluate changes to laws, processes, etc. to assess impacts and to develop implementation plan to close gaps
- Comprehensive understanding of operational risk management and or operations process management
- Understanding of US banking regulatory requirements. Applies product/domain knowledge to improve/add value to the processes, Line of defense Structure
- Familiar with various quality assurance techniques, issue verification frameworks and role of issue oversight, Audit, or internal controls assessment experience
- Knowledge and understanding of financial services: regulations, compliance, policies, process, and procedures
- Ability to consult, build, and maintain solid working relationships in and outside of immediate department
- 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
- Ability to manage initiatives involving process improvements
- Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals
- Ability to prepare management level presentations
Location: Bengaluru, India
For more details and to apply, click here:
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