Control Assoc
Wells Fargo
Manila, Metro Manila, Philippines
6d ago

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

Control Associate is expected to work with minimal guidance and support functionally to meet the BCM goals and control coverage requirements.

The job involves interacting with the GDA managers, onshore partners to understand and analyze the processes, identify risks and controls in the processes, evaluate the controls, prepare, and publish reports to stakeholders in both Wells Fargo India & Philippines and Onshore.

Candidate is expected to have strong stakeholder management skills, strong communication skills and project management skills.

Should have sound understanding of risk management principles. Be a subject matter expert with respect to Commercial Banking especially focused in one of the area such as Loan processing and management, collateral management, Agency Services, Equipment and Distributor Finance operations, Financial Crimes Operations, Trust Finance and Capital Finance.

MMB- Portfolio Monitoring and Support, Credit Underwriting and Support Services


is responsible for ensuring appropriate control coverage is provided for the assigned business group, Be a strong partner for business group to identify risk, control gaps and help to remediate any issues.

Responsible to run the control forums and provide necessary reporting for the assigned business group. Identify the area, which require stronger control and build necessary coverage framework / programs.

Serve as key first line of defense voice in the policy development life cycle and risk management framework activities owned by the second LOD


  • Responsible for implementing and monitoring control assurance program such as GDA process review, Issue / Incident Management
  • Conduct monthly risk connects with Front Line Managers' / Managers / Head of the department
  • Be part of transition, and provide control views on the risks associated with the processes being transitioned to GDA locations
  • Conduct periodic risk reviews for steady state processes through various risk programs viz., GDA process review, control testing, Conduct periodic Council meetings to discuss concerns / issues in GDA that require management attention and ensure transparency in reporting
  • Manage stakeholders at various levels of hierarchy within I&P and Onshore. Relationship building being a key attribute
  • Monitor, track and perform root cause analysis on incidents related to operational internal financial loss, data privacy and near misses assigned portfolio
  • Works with assigned business units and provides operational risk expertise and consulting for projects and initiatives with moderate to high risk
  • Exhibit credible challenge and evaluate the adequacy and effectiveness of policies, procedures, processes and internal controls while maintaining professional independence throughout the engagement
  • Taking information from various formats, compiling the information and placing it into the system of record
  • Should be able to drive various projects and engagements independently
  • Conduct periodic risk awareness sessions with emphasis on the importance of pro-active risk management across CIB GDA and to enhance the risk culture amongst team members
  • Implementation of various risk remediation programs in-line with those of the CIB GDA, to address operational risks that expose the line of business
  • Adopt a risk-based approach to monitor and manage business risks and corresponding controls, emerging risks or watch list, and risks related to Business Continuity Planning, End User Computing Tools, etc.
  • Participate in various control forums to address risk related to subjects such as, and not limited to, BCP, Mandatory trainings, Required Absence for Sensitive Positions Policy etc.
  • Essential Qualifications

  • University degree in Business, Finance or related discipline
  • Strong Operational risk domain knowledge / experience
  • Good presentation skills
  • Sound knowledge of MS Office especially Excel and PowerPoint
  • Experience in project management
  • Market Skills and Certifications

    Desired Qualifications

  • Experience in Commercial Banking
  • Certification in Risk Management such as ORM / FRM / CISA
  • 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.


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