CIB Credit Sales and Trading Control Officer

Wells Fargo•Charlotte, NC

2d•Hybrid

About The Position

This position is within the CIB Markets Control organization and provides risk management leadership and expertise to the Credit Sales & Trading team. It leads risk identification, assessment, escalation, and mitigation strategies and performs day-to-day risk and control activities in partnership with front-line business teams. The role supports risk transformation initiatives and serves as the primary point of contact with Control, Independent Risk, Business Leadership, and other partners. It provides guidance on applicable bank policies and related risk and control process requirements, and supports governance, issue management, management reporting, reviews and examinations, control development, and risk-and-control improvements. The position offers a hybrid work schedule at the posted location in Charlotte, North Carolina. Relocation assistance and visa sponsorship are not available.

Requirements

5+ years of Risk Management or Control Management experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
Ability to synthesize data and observations from varied sources, deliver succinct verbal and written summaries, and respond quickly.
Strong work ethic, enthusiasm, focus on deliverables and performance, and a demonstrated bias toward proactive communication and responsiveness to in-flight demands.

Nice To Haves

Extensive front-line direct experience developing and/or executing risk and control assessment programs.
Experience in large and complex banking or broker/dealer institutions, including risk management leadership in a multi-jurisdictional global financial institution.
Proven experience with Enterprise Risk Identification and a track record of building and implementing risk programs.
Direct experience in operational risk reporting and escalation programs.
Extensive knowledge of Target State RCSA processes, purpose, scope, and RAU Owners’ roles, responsibilities, accountabilities, and deliverables.
Prior experience in risk process improvement, standardization and automation of business and control processes, quality assurance and control routines, and risk and control metrics and reporting.
Strong knowledge of products, services, applicable regulations and policies, business processes, systems, and customers in Credit Sales & Trading.
Substantial knowledge and experience in risk management practices and applicable Wells Fargo systems and applications.
Knowledge of Risk Management Framework concepts and policies across risk types, including regulatory, financial crimes, credit, and operational risk.

Responsibilities

Serve as the primary day-to-day lead coverage officer for Credit Sales & Trading.
Lead the Control team’s risk governance and serve as the escalation point for control issues for aligned business leaders and teams.
Act as the key CIB Control contact for selected senior Credit Sales & Trading leaders, Independent Risk Management, Internal Audit, regulators, and other constituents on risk and control requirements, performance, and enhancement efforts.
Engage with line-of-business partners on strategy, industry trends, organizational changes, and new or modified markets, systems, products, and services to identify and remediate risk and control issues across risk types.
Guide Credit Sales & Trading leaders through detailed risk and control evaluations, metric and observation collection, and recurring forums to evidence management validation and attestation to RCSA.
Manage issues by documenting and assessing control weaknesses and operational risk incidents, including through root cause analysis.
Consult with business process owners on corrective action plans and control redesign; oversee implementation progress and conduct control evaluations as required.
Coordinate with business and support partners to create self-disclosed issues in the Issues Management system of record and record losses as applicable.
Establish and update recurring, timely reports on risks, initiatives, and deliverables for business leaders and risk partners.
Plan and coordinate reviews and examinations with business contacts and internal testing and examination teams, including Independent Testing and Validation, Internal Audit, and regulatory exam teams.
Develop business cases to influence process owners, control owners, business sponsors, and risk partners on the need for additional or improved controls.
Provide operational risk expertise and consulting for projects and platform initiatives, considering impacts to the risk and control framework.
Monitor and evaluate emerging risks, operational trends, and external events for potential impact to the control environment in the context of RCSA.
Ensure appropriate connectivity, linkage, and integration with in-region international risk management teams responsible for line-of-business activities.