Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 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
Wells Fargo Finance
Wells Fargo Finance organization plans, tracks, analyzes and reports financial results; manages the company's balance sheet, including funding, capital and investments; drives acquisitions; is responsible for financial controls; leads corporate strategy; and oversees enterprise shared services (internal real estate, global services, program management, business process management, and operational resiliency). Enterprise Finance informs shareholders, regulators, taxing authorities 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. . The
Leader (EMEA/APAC) is an important member of the Finance Control leadership team and is accountable for assessing and effectively managing front line risks and controls within Enterprise Finance across Europe, Middle East, Africa and Asia Pacific regions. Reporting into the Global Head of Finance Control and with a dotted line into the EMEA Business Risk & Control Director, this senior level individual contributor role, with support from the Finance Control team, will actively counsel group leadership on risk issues, issue management/remediation and control effectiveness. This leader must foster a collaborative environment that ensures timely communication and strong cooperation between this front line unit and multiple leaders across Enterprise Finance.
Supports the development of a strong risk culture within Enterprise Finance and within the EMEA and APAC region.
Escalates concerns and issues to senior leadership and other stakeholders, following established protocols.
Works with business partners to ensure risks are identified, monitored, and remediation is sustainable and completed timely.
Ensures proper risk management staffing and expertise exists in the Finance Control group to support EMEA/APAC and requires the team builds capabilities, processes and teams that meet heightened risk management expectations for the regions.
Provides guidance to Enterprise Finance leaders and Regional Executives in the establishment of controls in alignment with Enterprise and functional policies and standards.
Proactively counsels Enterprise Finance leaders and Regional Executives on new and emerging risks, issue management, and provides reporting to help them understand
The successful candidate will also work closely with Finance leaders, risk partners and other stakeholders across Wells Fargo in the development and execution of company risk management strategies. Critical success factors will include the ability to develop partnerships with many functional areas, and identify trends which may present opportunities or reflect gaps in risk management.
Market Skills and Certifications
The successful candidate for this role is knowledgeable of the inherent risks and control environment for Enterprise Finance and is forward-looking to identify internal and external risk trends which may present opportunities or cause for concern. Must have the skills and competencies to exercise the stature and authority of the role to effectively challenge members of the leadership team to ensure that risks are identified, has sustainable risk remediation with a robust control environment. Candidate must be able to demonstrate effectiveness in driving results; and contributing to a broad risk management strategy for Enterprise Finance that is in alignment with the Wells Fargo Risk Framework. This collaborative leader must be capable of initiating action and managing change. It requires a leader with strong relationship management, influencing, vision and execution skills. The role requires a sense of urgency, passion for results, and personal accountability for achievement.
Extensive experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or extensive experience within financial services industry experience, of which a significant proportion must include direct experience in risk management
A strong track record and business knowledge in the financial services sector with subject-matter expertise as it pertains to Enterprise Finance functions.
Global risk management experience in Europe or Asia Pacific countries.
Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the enterprise Risk function and the business.
Meaningful knowledge across the enterprise risk management framework, including: risk identification, risk appetite and strategy, risk-related decisions, processes and controls.
Demonstrated ability to confidently raise issues, escalate early and challenge leaders as needed.
Experience working horizontally across an organization and participating in enterprise-wide implementations of major policy and relevant risk programs.
Comprehensive knowledge and understanding of strategic elements of financial, operational, technical, and regulatory environment across the company.
Proven leadership and project management skills to drive alignment across stakeholder groups to seek root causes, drivers and context and actively challenge Front-Line adherence to risk frameworks, policies, and documents.
Strong leadership skills, to include virtual leadership experience and the ability to effectively manage and build relationships with leaders and team members in geographically dispersed environments.
Demonstrated excellence at identifying stakeholders, understanding needs, and driving decision- making/resolution through a consensus building approach.
Ability to fluently articulate strategy and operations; translating organizational strategies into clear objectives and action.
Ability to plan, prioritize and set goals. Must possess a sense of urgency about exceeding the objectives of the role.
Demonstrated experience working in a rapidly changing and complex environment.
Bachelor's degree required and advanced degree preferred
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.
Team members 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.
Internal Number: 50500BR
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo