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Job DescriptionAbout Wells FargoWells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies and small businesses in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Commercial BankingCommercial Banking provides financial solutions to businesses with annual sales generally in excess of $5 million. Our business lines are Wells Fargo Commercial Capital, Middle Market Banking, and Treasury Management & Payment Solutions.Wells Fargo Commercial CapitalA market-leading provider of working capital, investment capital, trust services, and sales financing solutions that help customers optimize liquidity and grow their business through their lifecycle.The PositionThe Data Control Director will be accountable for leadership, vision and influence of control support to sr. executives in Commercial Banking Data & Transformation. The Data Control Director will establish and lead a team of high-performing data control experts. This role will be an integral leader within the CB Control team, advising and partnering with the CB Business Control Managers in the assessment of data controls which apply horizontally across each line of business. The Data Control team will lead process improvements, as well as enhancing infrastructure, modernizing workflow, and enabling control tools to be leveraged and interconnected into strategic initiatives.The leader will serve as a trusted partner, jointly accountable to business leadership, for the development and maintenance of a strong control environment. The leader will partner with business owners to support execution of control deliverables while strengthening the business processes. The leader will be responsible for establishing the engagement model, governance structure with clear roles and responsibilities, integrated operating model with other control programs, resource planning, change management, and development of business procedures for effective data management.The CandidateManages a team to accomplish goals and priorities related to the Data Control program for Commercial Banking (CB); coaches/ develops, establishes the priorities, sets expectations and drives accountability in the delivery of the priorities.
Provides dynamic and proactive strategic leadership for the CB Data programs, processes, and controls; consults on end to end issue management related to CB Data management.
Oversees series of data initiatives related to the Enterprise data strategy with significant, recognizable impact across CB and the enterprise.
Organize outstanding deliverables across the various CB LOBs and drive efforts to completion. Track overall progress and completion of program requirements for CB and provide effective reporting to CB leadership and other key stakeholders.
Keep senior leaders and other key stakeholders abreast of process, risks, and control health, and similar infrastructure and capacity concerns impacting CB.
Drives a risk culture; influence the self-identification of issues and control gaps.
Influence a strong risk management culture within the LOB through proactive partnership, bias for action and deep understanding of the business process and outcomes
Contributes and provides direction towards the development of Data procedures, guidelines and governance programs.
Provide expert guidance and coaching in order to ensure CB consistently interprets and implements all relevant risk policies and procedures in the context of Data.
Monitors and evaluates emerging risk, operational trends, and external risk events for potential impact to control environment.
Provide reporting, written and verbal updates to LOB risk oversight councils, CB and Enterprise risk committees as issues/incidents arise that require escalation.
Serves as the primary interface and representative with Business Heads, Control Leadership, Corporate Risk, Audit, and regulators regarding management of CB Data.
Align with and advise business control managers and other key stakeholders to ensure timely implementation and effective execution of risk and control identification and assessment, integrated with business process management.
Establish regular routines with corporate risk, testing & validation and audit partners to provide transparency into business risk profiles and trend.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.Required Qualifications10+ years of experience in risk management or 10+ years of financial services industry experience, of which 7+ years must include direct experience in risk management
7+ years of management experience
Other Desired QualificationsExpert-level knowledge of industry standards and best practices around data risk and control identification, documentation, design, monitoring, testing, and assurance processes.Strong controls experience including design and implementation
Financial Services experience
Demonstrated experience and knowledge of Operational Risk Management and Risk & Control Self-Assessment (RCSA).
Extensive experience designing, measuring and monitoring internal controls, including the development of consistent standards and methodologies for end to end control environment management.
Strong analytical, critical thinking and problem-solving skills, coupled with an ability to translate ambiguous ideas/issues into well-defined plans/solutions with a track-record for delivering results.
An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.
Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies, including business leaders, compliance, corporate risk, audit, etc.
Demonstrated capability to confidently raise issues, escalate early, and engage in constructive debate. Proactively resolve conflict and maintain objectivity.
Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.
Job ExpectationsAbility to travel up to 10% of the time
DisclaimerAll offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.Relevant military experience is considered for veterans and transitioning service men and women.Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.Company: Wells FargoReq Number: 5600482-3Updated: 2021-09-18 22:19:17.453 UTCLocation: DES MOINES,IA
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