Control Officer - Commercial Banking Transformation

at Wells Fargo in Phoenix, Arizona, United States

Job Description

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

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 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 Capital

+ A 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

Middle Market Banking

+ Services private and public companies with annual sales of $5 million to $2 billion

+ Specialized expertise across industry sectors

Treasury Management & Payment Solutions

+ Provides cash management services and digital channel capabilities for customers of Commercial Banking and Corporate & Investment Banking

+ Also serves some Consumer and Small Business Banking and Wealth and Investment Management customers, and Auto Dealer Finance partner relationships in Consumer Lending

Use of this job is restricted to Control Executive groups. The Control team is responsible for partnering with their relevant business group to develop and maintain a strong control environment leading to the early identification and sustainable mitigation of operational risk. The team focuses on five areas: Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies, Control Governance & Reporting, and Control Programs. Leads and influences partnerships with the business process owner by consulting and providing expertise and strategic direction in the control design to effectively mitigate risks, including design of effective means of measurement. Contributes to the development and enhancement of the business control environment through execution of the Risk and Control Self-Assessment (RCSA) program. Engages in the development and implementation of new controls, action plans, and root cause analysis. Supports the Business with implementation of Control programs by providing consultative guidance. Assesses and designs appropriate metrics to inform and monitor the health of the operational risk environment. Supports a strong risk management culture through the implementation of key risk management programs into the standard operating framework of the business.

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 Qualifications

+ 7+ years of experience in risk management or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management

Desired Qualifications

+ Advanced knowledge of issue management policy

+ Ability to work and influence successfully within a matrix environment and build effective business partnerships with all levels of team members

+ Ability to translate and present complex data in a manner that educates, enhances understanding, and influence decisions

+ Ability to organize and manage multiple priorities

Other Desired Qualifications

+ Experience working on large technical projects

Job Expectations

+ Ability to travel up to 5% of the time

Salary Information

The salary range displayed below is based on a Full-time 40 hour a week schedule.

NC-Charlotte: Min: $110,600 Mid: $158,000 Max: $205,400

NC-Charlotte: Min: $110,600 Mid: $158,000 Max: $205,400

IA-Des Moines: Min: $110,600 Mid: $158,000 Max: $205,400

MN-Minneapolis: Min: $110,600 Mid: $158,000 Max: $205,400

SC-Fort Mill: Min: $110,600 Mid: $158,000 Max: $205,400

TX-Irving: Min: $110,600 Mid: $158,000 Max: $205,400

TX-DAL-Downtown Dallas: Min: $110,600 Mid: $158,000 Max: $205,400

AZ-PHX-Northwest Phoenix: Min: $110,600 Mid: $158,000 Max: $205,400

Street Address

NC-Charlotte: 301 S Tryon St – Charlotte, NC

NC-Charlotte: 401 S Tryon St – Charlotte, NC

IA-Des Moines: 800 Walnut St – Des Moines, IA

MN-Minneapolis: 600 S 4th St – Minneapolis, MN

SC-Fort Mill: 3480 State View Blvd – Fort Mill, SC

TX-Irving: 250 E John Carpenter Freeway – Irving, TX

TX-DAL-Downtown Dallas: 1445 Ross Ave – Dallas, TX

AZ-PHX-Northwest Phoenix: 2222 W Rose Garden Ln – Phoenix, AZ


All 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.

Benefits Summary


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Company: Wells Fargo

Req Number: 5579778-2

Updated: 2021-08-04 03:35:24.358 UTC

Location: Phoenix,AZ

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Job Posting: JC184231804

Posted On: May 23, 2021

Updated On: Aug 06, 2021