Join the Wells Fargo Team as an ERRC Risk and Control Lead
We're seeking a highly skilled and experienced professional to join our team as an ERRC Risk and Control Lead! This role offers the opportunity to work in a 100% remote environment, providing you with full control over your work setting. As a key member of our team, you will play a critical role in driving success and contributing to the company's mission. Your skills and expertise will be valued, and you will be rewarded with a competitive compensation package.
About Wells Fargo
Wells Fargo is a leading financial services company with a rich history and a strong commitment to diversity, equity, and inclusion. We ranked #2 on the 2023 LinkedIn Top Companies list and #1 among financial services companies as the best workplace "to grow your career" in the U.S. At Wells Fargo, we support employees' career aspirations and growth, and we're proud of our employee-welfare-centered business approach. We offer competitive salaries and one of the richest benefits packages in the industry, focusing on wellness, work-life balance, and financial health.
Job Summary
Wells Fargo is seeking an experienced ERRC Risk and Control Lead to serve as a liaison between risk, compliance, and controls. In this role, you will be responsible for day-to-day oversight and risk mitigation activities within the Escalation Review & Root Cause (ERRC) team. You will work closely with various stakeholders to identify operational risks, develop corrective action plans, and implement controls to mitigate risks.
Key Responsibilities
- Support, consult, and provide ERRC artifacts for audit and exam requests in partnership with Production and ECR Operational Risk/Controls Team.
- Identify operational risks and partner with teams to develop and implement corrective action plans.
- Manage the inventory of issues across the ERRC and facilitate routines with ERRC SLT to ensure awareness of Issue Management health.
- Implement corrective actions across the ERRC to effectively resolve open issues and corrective actions.
- Support the testing and validation of sustainability and consult with Risk and Control partners to effectively raise issues, debate risks, and drive corrective actions.
- Control Health Oversight Routines and assist Control owners in performing audit walkthroughs of control execution.
- Gather artifacts for control evidencing and package them for audit partners.
- Aid in the design of new controls and coordinate implementation to execution phase with the team.
- Act as a Subject Matter Expert (SME) on specific controls when working with internal audit, issues management, control partners, operations leaders, etc.
Essential Qualifications
- 7+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through work experience, training, military experience, or education.
Preferred Qualifications
- Proven experience working on control design and implementation.
- Experience with Wells Fargo Internal Control Policy.
- Experience analyzing processes to identify gaps and risks.
- Experience working on Issues Management initiatives.
- Experience with process design and change management.
- Experience conducting or facilitating audits.
- Ability to work independently with minimal direction.
- Experience putting together Executive Summaries and Business cases to influence the direction of a department, project, or group.
- Ability to present and discuss information in a manner that persuades, educates, and enhances understanding at all levels.
- Significant experience working closely with senior and executive leadership.
Skills and Competencies
- Strong collaborator and empathetic listener who works with diverse groups to solicit multiple perspectives.
- Possesses executive presence, high energy, ability to manage complexity, and a broad scope of daily work activities and stakeholders.
- Leads by example with transparency, relationship management, and influencing skills.
- Superior business consulting and relationship management skills.
- Ability to strategically review situations and diagnose opportunities and interventions.
- Strong analytical and critical thinking skills, combined with strategic business focus and vision.
- Ability to execute in a fast-paced, high-demand environment while balancing multiple priorities.
- Demonstrated ability to both think strategically and act tactically.
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment.
- Ability to translate and summarize complex data into understandable, actionable information and recommendations.
- Facilitation skills, including ability to facilitate decision-making and broker agreements amongst diverse, differing, and/or conflicting perspectives/priorities.
Career Growth Opportunities and Learning Benefits
At Wells Fargo, we are committed to supporting the career aspirations and growth of our employees. We offer various training programs, mentorship opportunities, and career development resources to help you achieve your goals.
Work Environment and Company Culture
Wells Fargo is a diverse and inclusive workplace that values employee well-being and work-life balance. We offer a range of benefits and programs to support our employees' physical and mental health, including flexible work arrangements, employee assistance programs, and wellness initiatives.
Compensation, Perks, and Benefits
We offer a competitive compensation package, including a salary range of $120,000 - $180,000 per year, depending on experience. Additionally, we provide a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.
Conclusion
If you're a motivated and experienced professional looking for a challenging and rewarding role, we encourage you to apply for this exciting opportunity. As an ERRC Risk and Control Lead at Wells Fargo, you will play a critical role in driving success and contributing to the company's mission. Don't miss out on this chance to join our team and take your career to the next level. Apply now!
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