Control Management Specialist Job in Bengaluru at Wells Fargo

Wells Fargo is hiring for the role of Control Management Specialist!

Responsibilities of the Candidate:

• Participate in mitigating current and emerging risk exposures associated with the activities and operations of the assigned business group and identify opportunity for process improvements within the scope of defined business control responsibilities.
• Review and analyze basic business challenges that require research, evaluation, and selection of alternatives.
• Develop and implement risk monitoring, risk reporting processes, and controls while evaluating and reporting results where necessary.
• Present recommendations for resolving complex situations and exercise independent judgment while developing Control Management functional area expertise • Provide support in the interpretation of policy, guidelines, and governance programs as front line liaison to Independent Risk Management area.
• Collaborate and consult with Control Management team and key stakeholders, including internal customers.

Requirements:

• 2+ years of Risk Management or Financial Services industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Adhere to Committee policy and procedures and demonstrate knowledge of the Risk Management Framework.
• Ensure required Governance routines are completed timely and accurately e.g., Agenda Planner, Attendance Tracker, Action Tracker, Escalation Tracker.
• Ensure Escalations are tracked and communicated as outlined in Charters and can be easily provided to demonstrate escalation path.
• Demonstrate organization and planning in preparation for Committees/Councils. 
• Support and communicate the high-level planning to risk officers, the business, and control team partners.
• Build relationships with key partners by acting transparently, and intentionally aligning actions to the overall business unit and company goals. Establish regular checks in with Co-Chairs on feedback to improve the process. 
• Execute deliverables and routines related to calendars and planning are maintained and communicated to keep business unit, control team, and other partners informed.
• Support the team through partnership and support of Committees and Councils across Consumer Lending. 
• Promotes strong risk management culture in business or function by focusing on content and standardization.
• Review materials and L1 segments for accuracy and messaging.
• Incorporate review with CRO and BCM partners for identification of emerging risks and escalations. Incorporate feedback and effectiveness of agenda and materials.
• Ensure Risk Summary reporting captures emerging risks and escalations in preparation for submission to the CLRCC. 
• Track performance and material improvement through Committee/Council tracking and analysis reporting.