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 20 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
Wells Fargo is seeking an Operations Control Consultant in our Asia Operations. The incumbent will oversee the regional risk and operations control related activities for the Asia Pacific region that covers Trade Finance, Lending and Correspondent Banking. This role is expected to provide thought leadership in strengthening existing controls, as well as managing Asia Operations related internal/external audits, compliance reviews, regulatory activities and risk initiatives. The incumbent will work closely with offshore teams in India and Philippines, International Operations Control teams, regional governance functions like Front Line
teams and Independent Risk Functions, as well as facing off Internal Audit. The role covers an extensive scope with key responsibilities as follow
To spearhead internal/external audits, compliance reviews and regulatory activities
To provide regional operations control oversight and lead/manage the related activities
To lead and manage regional regulatory initiatives and events such as regulatory reporting and ad hoc requests from regulators in co-ordination with Regional Compliance team
Manage and analyze Operations risk incidents which ultimately lead to control or process improvement opportunities
To implement and execute regular Quality Assurance program across Asia Operations which include controls review, testing methodologies validation, production process review etc.
To engage in Operations Risk and Control related strategic initiatives led by Asia and International Group
To work with offshore teams and provide guidance to junior team members for task completion
To work and connect with stakeholders across businesses, regions, branches, onshore and offshore teams in order to resolve day to day issues and manage the operational risk
Market Skills and Certifications
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.