Desired Qualifications:

• 10+ years of Operational Risk, Fiduciary Risk, Compliance risk, or a combination of experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• 3+ years of prior experience in trust administration/ fiduciary services/ fiduciary risk
• Strong risk management and compliance skills
• Hands on experience in trust administration
• Familiarity with state trust laws
• Experience with SEI Trust 3000 software
• Knowledge and understanding of fiduciary law and federal regulations
• Knowledge and understanding of fiduciary, investment, or planning disciplines
• Knowledge and understanding of investment risk and compliance management processes
• Knowledge and understanding of trust, fiduciary law, and federal regulations/operations
• Ability to influence across all organizational levels, particularly senior management
• CFIRS or related certification preferred

Job Expectations:

This role will be part of the Fiduciary Risk Oversight (“FRO”) unit of Operational Risk Coverage Programs. FRO’s program is designed to proactively and systematically identify, assess, measure, monitor, control and report on significant fiduciary risks to Wells Fargo and its customers. The primary business group currently in scope for this oversight program is Wealth & Investment Management.

• Provides fiduciary risk expertise to the trust business and oversight of the trust administrative account review process
• Provides subject matter expertise to the businesses and supporting group partners on select OCC regulations and risk topics
• Monitors the regulatory and industry environment and identifies fiduciary risk issues and may participate in development of risk ratings
• Designs and develop complex oversight strategies, monitoring routines, methodologies and analyses for business fiduciary products and services
• Evaluates the adequacy and effectiveness of policies, procedures, processes, systems and internal controls
• Provide operational risk oversight in line with the risk management framework and the various risk and control programs (example – RCSA, ICP, Issue Management, ORKRI, etc.)
• Provides consulting to business on corrective action plans and effectively managing change
• Reports findings and develop business cases to influence executive management or management committee member/ head of business on the need for controls to mitigate risk
• May lead implementation of initiatives with moderate to high risk and escalate challenges to senior leaders
• Internal collaboration with key stakeholders in Corporate Risk and Business Groups for oversight of F&I risk
• May interface with Internal Audit, Legal, external agencies, and regulatory bodies on risk related topics
• May lead project/virtual teams and may mentor team members

This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Posting End Date: 

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 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.

Applicants with Disabilities

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

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.