Control Management Executive, Wells Fargo

Wells Fargo

Location:
India, Bengaluru

Category:
Banking

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

Wells Fargo is seeking a Control Management Executive responsible for overseeing the strategic direction and operational management of EFCR control functions within the organization and help mature the control frameworks to effectively manage risk within these functions. The role requires a strong proactive approach, leadership, relationship management skills, and ability to operate in a matrixed environment. The Control Executive will lead a team, develop strategies, manage risks, and ensure operational excellence.

Job Responsibility:

Lead a credible team to support EFCR Controls who act as Risk Advisors to all Enterprise Functions (Finance
HR
Legal
Corporate Risk
etc.) in the region
Developing and implementing the company’s long-term strategies and goals
Provide strong engagement and leadership across various verticals of EFCR functions
Engage and manage senior executives and stakeholder relationships and ensure efficiency and effectiveness
Enable other senior Leaders to focus on Control strategic road map, driving maturity model, drive operational excellence and consistency across all EFCR verticals
Engage, manage Risk Management in identifying, assessing, and mitigating EFCR related risks to ensure stable running of these critical functions
Ensure that these functions through robust controls adhere to regulatory requirement, internal policies, and industry standards
Overseeing the design, implementation and maintenance of controls and processes to protect organizations key assets
Leading responses to control related incidents and breaches including Root cause analysis and remediation efforts
Managing the team’s finances, including budgeting, forecasting, and financial reporting
Develop and coordinate executive level updates to Operations leadership, Committees and stakeholders on roadmap, Target Operating Model, delivery milestones and capability maturity progress

Requirements:

8+ years of Risk Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of Management experience
Strong working experience in Risk & Controls with robust understanding of Enterprise Functions
Deep knowledge and understanding of Local Rules and Regulations and their impact on the actual execution across key risk programs within the EFCR space
Solid Experience in Business Control Management activities that leverage risk program and business subject matter expertise to enable informed business decisions and strategic growth and proactively drive business optimization

Nice to have:

Significant Senior leadership experience in Operational Risk Management & Compliance discipline, including experience in a captive unit of a MNC financial institution
Hands on experience in creating strategic roadmap that include plan, identify, assess, control, monitor, and report risk exposures consistent with the risk appetite
Strong expertise in risk reporting and review with the governance committees through identification of significant and emerging risks, risk drivers, and issues and result oriented across the areas that need improvement
Experience in building and managing a strong EFCR control function with efficient processes, skilled talent, and a clear strategic vision
Proficient and experience on multiple EFCR areas
Strong proven experience in managing operational risk & compliance framework, primarily in the banking industry and its related operations
Proficiency and understanding nuances of front-line control reporting. Experience with Committee and board meetings as well as regulatory engagements
Demonstrate collaboration, strong negotiation, communication, presentation, and influence skills
ability to build and lead a team across multiple geographies
Proven ability in exercising independent judgment and applying prudent risk mitigation principles
Strong influencing skills within a complex, matrixed environment
able to gain support and cooperation and build effective business partnerships with all levels of team members to achieve results without direct organizational control
Executive presentation, communication experience at Operating Committee level

What we offer:

Equal opportunity employer
inclusive workplace
focus on building strong customer relationships balanced with strong risk mitigating and compliance-driven culture
compliance with risk programs including Credit, Market, Financial Crimes, Operational, and Regulatory Compliance programs

Additional Information:

Job Posted:
April 28, 2025

Expiration:
May 01, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Control Management Executive