Business Accountability Specialist
About this role :
Wells Fargo is seeking a Business Accountability Specialist to join the Risk Transformation and Governance team. This role will support policy and regulatory requirement implementation activities for Consumer, Small and Business Banking (CSBB) lines of business.
In this role, you will :
Participate in research, assessment, and documentation of matters relating to business policy and regulatory adherence, risk mitigation, or control efforts;
identify patterns and trends and look for opportunities for procedural or control improvements within area of focus
Conduct assessments and analysis of basic business or operational outcomes, systems of record, technical assignments, documentation, procedures, or challenges that require research, evaluation, and selection of alternatives;
exercise independent judgment to guide completion of medium risk deliverables
Present concise and well-articulated findings and recommendations, including rationale, to facilitate resolution of identified matters;
exercise independent judgment while developing expertise in the risk mitigation or control activities of the business
- Engage in additional research and studies to enhance regulatory knowledge
- Collaborate and consult with colleagues, internal partners, and other business stakeholders to provide feedback, credibly challenge issues, and calibrate, as needed, to ensure alignment, consistency, and accuracy across groups
- Participate in cross-organizational or internal operational initiatives and improvement efforts
Required Qualifications :
2+ 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
Desired Qualifications :
- Knowledge of Consumer, Small and Business Banking lines of business
- Experience collaborating with business and risk partners
- Ability to organize, execute, and manage multiple priorities and deadlines in a fast-paced environment
- Financial services consulting experience
- Excellent analytical and problem-solving skills, with the ability to think critically and strategically
- Experience with project management
- Experience in change management with a focus on policy and regulatory implementation
- Excellent verbal, written, and interpersonal communication skills
Job Expectations :
- This position offers a hybrid work schedule
- Relocation assistance is not available for this position
- This position is not eligible for visa sponsorship
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.
$63,600.00 - $113,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs 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 : 11 Nov 2024
11 Nov 2024
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 .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our 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.