Cib Control - Equity Research Lead Control Officer

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About this role:

The Corporate & Investment Banking (CIB) Control Team is responsible for the implementation and management of the First Line of Defense risk program requirements. This position resides within the Equities Business Control team and supports the broader Equities business that includes Cash Trading, Derivatives Trading, Equity Finance, Equity Advisory and the FCM. This role will assist with support of the Equities Research, Research Sales and Economics and will require a candidate with an in-depth understanding of Equity products, market practice, operations, technology and relevant regulations. As part of the business control team, the role will support business leadership and COO teams to design and implement first line controls with respect to a variety of regulatory requirements, Wells Fargo policies and industry best practices.

In this role, you will:

• Execute risk framework requirements such as the RCSA, creation and alignment of metrics
• Establish governance for open and upcoming items across all risk inventories and programs.
• Collaborate with Line of Business (LOB) partners on control design, implementation and monitoring.
• Ensure the LOB profile of applicable regulations and associated controls is maintained and monitored.
• Ensure appropriate connectivity, linkage, and integration with in-region international risk management teams.
• Establish the inventory of all relevant business processes, governance channels, internal testing, audit, and regulatory engagements is maintained
• Conduct risk assessments to evaluate the adequacy and effectiveness of policies, procedures, processes, systems, technology and internal controls.
• Participate in business growth initiatives and maintain awareness of platform changes
• Awareness and involvement in regulatory change control, and alignment of related controls.

Required Qualifications:

• 5+ years of Risk Management or Control Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Direct experience with Equity Research and related control frameworks

• Demonstrated understanding of rules and regulations applicable to the Equity Research business

• Experience with operational risk framework, the RCSA and related control programs

• Prior experience in a business control or compliance role with focus on control design and evaluation.

• Prior experience with governance frameworks and management reporting of non-financial risk profiles.

Job Expectations:

• Hybrid work schedule. Must be able to work from one of the approved job posting locations three (3) days in office & two (2) days remote.

Posting Location(s):

• 500 W 33rd St NEW YORK, NY 10001

Pay Range

Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

Posting End Date:

*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.

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To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

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