CIB Supervision Business Accountability

About this role:

Wells Fargo is seeking a senior Business Accountability Officer to strengthen the Front Line Supervision Program within Corporate Investment Banking (CIB). The primary focus will be on governance of supervisory obligations, including maintenance of Written Supervisory Procedures, review of associated controls, testing of design and operating effectiveness, issue management, and implementation of technology enhancements to support effective supervision. This is a hybrid role with some in office expectation. Learn more about our career areas and lines of business at wellsfargojobs.com.

The successful candidate will report into the central Conduct and Supervision support team and will work closely with the Line of Business supervisors, Business Controls and COO teams as well as other support functions (e.g., Compliance, Testing, Risk, Operations, Technology, Legal, Audit and Human Resources).

In this role, you will:

• Establish a robust supervision framework through implementation of Written Supervisory Procedures (WSPs) for compliance with applicable rules, regulations, and industry best practices

• Create procedures and standards to ensure sustainable controls are documented in line with Wells Fargo’s risk Management Framework

• Implement evidence-based control activities including defining of relevant requirements

• Distribute supervisory expectations and responsibilities via WSPs and coordinate periodic acknowledgement

• Communicate changes and train employees as supervision standards are implemented or adjusted

• Establish and build robust Quality Assurance framework for front line monitoring activities

• Support the Supervisory hierarchy and associated delegations processes

• Participate in the design and delivery of strategic Front Line monitoring platform

• Perform in-depth pattern analysis of specific high-risk controls or escalation

• Build relationships with front office, compliance and technology teams

• Lead meetings to facilitate decision making and ensure implementation of recommendations and plans

Required Qualifications:

• 7+ years of risk management, business controls, quality assurance, business operations, compliance, or process experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• Demonstrated knowledge and experience within CIB

Desired Qualifications:

• In-depth knowledge of Supervision, Supervisory programs, and the role of a Supervisor

• Understanding of CIB Supervision and Conduct risks and applicable rules and regulations

• Strong regulatory and business control experience, including Risk Control Self Assessments

• A BS/BA degree or higher.

• Experience designing and execution of governance framework(s) across multiple risk types

• Experience in control design and evaluation including articulating business requirements, performing data analysis and prototyping automated controls within Excel

• Experience partnering with technology throughout the development lifecycle

• Process definition and documentation experience associated with controls and procedures

• Ability to work collaboratively across multiple stakeholders and deliver results in a timely manner

• Self-starter with ability to multitask, manage competing priorities, and effectively lead in a dynamic environment

• Excellent verbal and written communication skills with the ability to articulate complex concepts in a clear and concise manner

• Strong attention to detail and high quality standard for work

Job Expectations:

• Ability to travel up to 5%

Posting Locations:

New York, NY: 30 Hudson Yards

Pay Ranges:

New York, NY: $144,400 – $300,000

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$144,400.00 – $300,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits – Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.

• Health benefits

• 401(k) Plan

• Paid time off

• Disability benefits

• Life insurance, critical illness insurance, and accident insurance

• Parental leave

• Critical caregiving leave

• Discounts and savings

• Commuter benefits

• Tuition reimbursement

• Scholarships for dependent children

• Adoption reimbursement

Posting End Date:

24 Jan 2025

* Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Req Number: R-429281