About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Market Job Description
The Business Control
organization serves as the front line risk management organization of Wells Fargo supporting the CIB and other businesses with risk strategy, implementation, and execution. The team is responsible to identify and assess risks, design and implement controls, and execute and monitor the controls to ensure they are working effectively to manage risk across CIB. Business Control interfaces with Independent Risk Management and Audit to drive comprehensive and consistent implementation of regulatory and corporate risk policies and programs across the lines of business.
About the Role
The Business Risk and Controls Senior Associate will report to the APAC Regional Business Control team within the International Control organization. The Business Risk and Control team is responsible for identifying, measuring, assessing, controlling, mitigating, monitoring, and reporting current and emerging risk exposures associated with APAC activities.
This position will be accountable for the front line control responsibilities related to 3 broker dealer legal entities in APAC (Hong Kong, Singapore and Japan). This position will responsible for design and implement control activities within the legal entities. The Business Risk and Controls Senior Associate will also work with designated lines of business (LOBs) and Enterprise Function (EF) control team members to design and implement the required risk and controls and help identify, escalate and proactively manage risks in these 3 broker dealer legal entities. This position will also partner with Independent Risk Management (IRM) and the Integrated Business Process Risk and Control team to ensure proper alignment with program requirements.
Market Skills and Certifications
7+ years of experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, business process management) or 7+ years financial services industry experience, of which 5+ years must include direct experience in risk.
We Value Diversity
At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.
Team members 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.