Finance Third Party and Payment Risk Officer - Business Risk & Control Officer Details

Finance Third Party and Payment Risk Officer - Business Risk & Control Officer

Wells Fargo - Charlotte, NC

Employment Type : Full-Time

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you

Finance brings together enterprise functions that drive Wells Fargo's financial management, including accounting and control, financial planning and analysis, line of business finance, asset-liability management, treasury, tax management, and the company's investment portfolios. They also inform shareholders, regulators, taxing authorities, employees, and leaders of the company's financial performance through earnings releases, investor meetings and conferences, and meetings with regulators and credit rating agencies, following appropriate reporting guidelines.

This Business Risk & Control Officer – Finance Group Payment Risk & TP&E Leader will be a part of the Business Management Office, a Shared Services group supporting Finance functions. This role will serve as a backup to Third Party Program Leader. The Finance Group Payment Risk & TP&E Leader role will be responsible for one or more tasks below:
Specific responsibilities include:

• Establish, implement, and maintain a group payments program that identifies and tracks risk activities across all stages of the lifecycle and provide support to business coordinators responsible for payment execution.
• Implement documentation, playbooks, guides, and processes including review activities to ensure alignment with policies
• Provide updates to Payment Risk Operation Committee (PROC) and leadership on the state of the program (Issues, ORE, Credible Challenge, Projects, Initiatives, etc.) and escalate issues and triggers of payment risk appetite
• Communicate and drive new strategic initiatives across all businesses that arise from new regulations and/or emerging risks related to payment
• Provide review and oversight for Third Party Program to support compliance with Third Party Program requirements.
• Review monthly spend without thresholds to ensure there are no violations to the policy and all transactions have a proper engagement in TRIMS prior to spend.
• Review Relationships and Engagements under Finance to ensure ownership criteria is met. Work with peer GTPO teams to transition relationships as needed.

Successful candidate should be focused 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.

Required Qualifications

• 
  7+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management
• 5+ years of experience with privacy oversight and compliance implementation

Desired Qualifications

• 
  3+ years of risk and regulatory compliance experience
• Third party service provider risk experience
• Strong analytical skills with high attention to detail and accuracy
• Experience developing improvement processes and implementation strategies
• Ability to lead projects/initiatives with high risk and complexity
• Ability to manage projects or programs including active and pipeline projects for adherence to enterprise guidelines
• Ability to communicate effectively, in both written and verbal formats, with senior executive-level leaders
• Ability to influence across all organizational levels, particularly senior management
• Outstanding problem solving and analytical skills with ability to turn findings into strategic imperatives
• Strong risk management leadership skills
• Strong collaboration and partnering skills
• Strong organizational, multi-tasking, and prioritizing skills
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

Other Desired Qualifications

• Global payments services and bank operations exposure

Job Expectations

• 
  Ability to travel up to 10% of the time

Street Address

NC-Charlotte: 11625 N Community House Road - Charlotte, NC
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA