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Senior Lead Officer - Financial Controllers and Tax

Wells Fargo
London, United Kingdom
Posted 26 days ago Permanent Competitive
See job description for details
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.

Department Overview

International Functions Business Control Executive (BCE) team sits within Enterprise Functions supporting Finance, HR, Legal, Public Affairs and DSRI (Diverse Segments/Representation/Inclusion) across EMEA, APAC and Americas (ex US). This team supports accountable executives of these functions with risk strategy, implementation, and execution.

The team assesses and effectively manages risks and delivers an integrated view of risks, produces a sustainable control environment, and instils a culture of strong risk management. The team interfaces with Independent Risk Management and Audit to consistently drive comprehensive implementation of regulatory and corporate risk policies and programs across International.

About this Role
Senior Lead Control Management Officer is an important member of the team and will report directly to the International Control Executive for the above Enterprise Functions. They will be accountable for the front line control responsibilities related to the Controllers and Tax sub-functions within Finance.

This is an International role across EMEA, APAC and Americas (ex US) focused on developing and executing consistently on the 5 pillars of Risk and Control Management set by the Group Controls Executive: Risk identification & assessment; Control & Issue Management; Control Design & Evaluation; Control Reporting & Governance; Control Programs.

The Senior Lead Control Management Officer will work with designated Enterprise Function to implement and execute the required risk and controls activities and help identify, escalate and proactively manage 'non-financial' risks. This position will partner across second and third lines of defence as required.

Responsibilities

Performs and manages for the Front Line the following risk and control programs:
  • Act as an experienced advisor in designing and implementing risk mitigation strategies, business processes, and controls that mitigate risks and address regulatory requirements.
  • Identifies and documents risks, controls and self-assurance activities associated with lines of business and business processes impacting Enterprise Functions.
  • Partner with the other Controls teams (e.g. Markets, Banking, Finance, Ops, HR, Legal, Technology etc.) to understand and assess the front-to-back risk & control environment as it impacts the designated Function.
  • Lead development, implementation, and monitoring of Region and Legal Entity (LE), business-specific programs to identify, assess, and mitigate risk.
  • Lead Legal Entity Risk & Control Self-Assessment and Control Evaluation activities consistent with the Group Control Executive's 5 pillars, Risk Management Framework, regulatory commitments and associated policies established by Independent Risk Management (IRM)
  • Manage the design of business-specific risk controls and provides the leadership over the development of remediation plans to address any control weaknesses or gaps. Advise and coordinate with the respective Support Functions as required,
  • Drive collaboration with the International Control Programs management to lead and promote a strong risk culture to ensure effective communication and supportive partnerships
  • Lead the design, implementation and monitoring of new front line controls for the Legal Entity across the relevant business groups, consistent regulatory requirements and associated IRM policies
  • Ensure assigned strategic plans includes material risk and associated activities consistent with the enterprise risk framework and risk appetite statements as they impact the designated function
  • Ensure planned activities to be performed by designated function in region(s) are consistent with the Enterprise Risk Framework, policies, and programs and risk appetite framework, and to ensure they are well-calibrated and integrated within the Line of Business.
  • Attends and represents Business Control team in relevant business meetings in Region(s)
  • Remediates RCSA quality assurance and IRM credible challenge findings.
  • Collaborates with the Business, Business process 'Subject Matter Experts' (SMEs), and business contacts across the second and third lines of defence and BCE's from other regions to deliver the designated Enterprise Functions control program requirements.
Skills and Certifications
  • Strong experience in risk (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or similar financial services industry experience, of which there must be direct experience in risk
  • Strong subject matter expertise in one of the following topics/areas in Finance: Financial & Regulatory reporting; Treasury; Product Control; FP&A gained while working for a top tier bank
  • Knowledge of global banking regulatory/supervisory frameworks.
  • Proven experience implementing and maintaining effective risk management programs, especially risk controls, within a large complex financial services company.
  • Must be a proactive self-starter who values personal accountability and thrives under pressure in a fast-paced and demanding environment.
  • Ability to manage and/or collaborate with geographically dispersed teams, matrixed relationships and interact with all levels of an organization
  • Ability to work with a high degree of autonomy
  • Strong relationship management skills and organizational savvy
  • Experience communicating in both written and verbal formats with executive-level leaders
  • Ability to analyze data and make connections across various data sets to make recommendations to management and project teams in a timely manner.
  • Ability to leverage creative thinking and problem solving skills to facilitate decisions and to ensure project outcomes result in expected business value.
  • Ability to exercise independent judgment to identify and resolve problems
  • Ability to articulate complex concepts in a clear manner
  • Ability to escalate issues
  • Ability to meet stringent deadlines
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skill
  • Solid conflict management and decision making skills
  • Strong analytical skills with high attention to detail and accuracy
    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, or status as a protected veteran.

    Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

    Job ID  R-150418
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