Description

About this role: Wells Fargo is seeking talent to join the Business Risk Control and Regulatory Oversight team under the Chief Operating Office (COO) organization for a 2025 summer internship. Learn more about the career areas and lines of business at wellsfargojobs.com.

Business Overview:

The Business Risk Control and Regulatory Oversight Early Talent program encompasses five unique pathways to learn and gain meaningful work experience while growing your expertise. At Wells Fargo, we are committed to a strong business-control infrastructure to protect the business and provide a positive client experience.

Participants have an opportunity to choose their career path through a competitive internship that may result in an offer into the 2-year rotational analyst program.

• Control Management is a financial industry function that collaborates with and influences front-line business groups and functions through assessment and mitigation of operational risk across Wells Fargo. Program participants have the opportunity to work within Control Management to support one of the 15 Wells Fargo business divisions. Participants in program select rotation to engage in a variety of experiences to build a personal career path.
• Enterprise Complaints Resolution (ECR) brings together key functions from across the company that help customers when they have concerns or have been adversely impacted. Enterprise Complaints addresses customer concerns, the Customer Remediation Center of Excellence helps customers affected if operational breakdowns occur, and the Customer Impact Assessment and Resolution Strategies team houses five specialized teams that deliver executive reporting, strategic communication, monitoring progress toward key objectives, and more. These three business areas are supported by several shared function support teams through risk and issue governance, exam management, systems and technology support, capacity and site planning, procedures, learning, communications, data, analytics, and reporting.
• Regulatory and Policy Affairs (RAPA) is responsible for Wells Fargo Regulatory Relations, the Enterprise Policy Office, Non-Financial Regulatory Reporting Governance, and the Office of Consumer Practices. The team focuses on ensuring an integrated and holistic approach to Wells Fargo's regulatory, policy and governance activities and ensuring communication and coordination of engagements across multiple stakeholders.
• Risk Transformation and Execution is the company's primary operational risk and control identification and assessment tool used to assess operational, compliance and model risks. RCSA helps to demonstrate an understanding of risks and controls, reduce the cost of control by identifying duplicative and unnecessary controls, and provide confidence and assurance through change or during periods of stress. The team is dedicated to the governance and oversight of risk activities across the organization to ensure consistent execution and outcomes.
• Sales Practices and Conduct Management is a front-line operation responsible for looking into reports of possible employee misconduct across Wells Fargo. The group analyzes trends and shares reporting and insights with business partners to support the company in managing conduct-related issues. The team leads the Insider Threat and Conflicts of Interest programs, helping to protect Wells Fargo resources and ensure employees are acting in the company's best interests. It is also home to the Loudspeaker program, which strives to improve our customer and employee experience through the solicitation of employee input and ideas.

*Through posting to this job requisition, you will choose which of program(s) you would like to consider. Eligible applicants will have an opportunity to learn more about the listed internship opportunities and interview for programs based on interest and availability.

Program Overview

The summer internship program is a professional development program providing participants with a 10-week overview of Wells Fargo and a high-level understanding of the company's operations, business strategies, and corporate culture. The internship experience includes relationship building, relevant work assignments, coaching, performance feedback sessions, and informative learning sessions with key leaders.

It is designed to provide undergraduate students with an experiential overview of the applicable team under business risk control and regulatory oversight functions and how they support mitigating risk through data analytics, reporting, collaboration, consulting, or creating efficiencies. The program incorporates real-world scenarios and experiences to help prepare you for a rewarding career at Wells Fargo.

The competitive internship program targets exceptional juniors and is a pipeline program where successful interns may receive an offer to return the following year to join the full-time Analyst Program.

Ideal candidates for this role must have the following:

• Ability to work in a fast paced, highly collaborative culture in both a face-to-face and virtual environment
• Energetic self-starter who proactively takes initiative, remains curious and has a genuine interest in learning and growth
• Possess leadership skills
• Attention to detail
• Effective verbal and written communication skills
• Ability to prioritize multiple tasks
• Ability to take on responsibility and accountability
• Demonstrated ability to navigate regular feedback, coaching, and mentoring during your program
• Have the ability to work in a fast-paced, highly-collaborative culture in both a face-to-face and a virtual environment

Some of the open positions would benefit from candidates with one or more of the following professional skills or certifications:

• Data analytics, including experience in SQL, PowerBI, JIRA, SharePoint, and/or Tableau
• Experience in Agile methodology
• SIE Certifications
• CAMS (Certified anti-money laundering specialist)
• CRCM (Certified regulatory compliance manager)
• CAFP (Certified AML and Fraud professional)

Program Date: Summer 2025. 40 hour work week. Daily working hours based on business need.

Program Locations:

• Charlotte, NC (ECR, CM, SPCM, RAPA, RT)
• Dallas, TX (CM, RT)
• Des Moines, IA (ECR, CM)
• Minneapolis, MN (ECR, CM)
• New York, NY (CM)
• Phoenix, AZ (CM)

In this role, you will:

• Participate in formal internship program and workshop initiatives
• Review various assignments to become familiar with policies and procedures for which answers can be quickly obtained, related to low-to-medium risk tasks and deliverables
• Receive direction from managers in a matrixed environment and exercise independent judgment while developing understanding of compliance and risk management requirements for the supported area
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 6+ months of work experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Bachelor's degree candidate with an expected graduation in December 2025 - May/June 2026
• Experience using Microsoft Office suite of products
• Knowledge and/or experience in the financial services industry
• Demonstrated interest and/or experience in manipulating data and reporting, data visualization, and/or data insights
• BA/BS degree with an interest in any of the following: Business Administration, Business Intelligence, Finance, Economics, Engineering, Statistics, Technology, Communication, Accounting, Mathematics, Analytics, Physics, Political Science, Pre-law, Government, Policy and Management, Computer Science, Management and Risk Management or related business field

Job Expectations

• Ability to travel 10% or more of the time

Based on the volume of applications received, this job posting may be removed prior to the indicated close date. If you do not apply prior to the closing of this posting, we encourage you to apply for other opportunities with Wells Fargo. After submitting your application, please monitor your e-mail for future communications.

Wells Fargo will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from Wells Fargo now or in the future in order to retain their authorization to work in the United States.

HOW TO APPLY

This program will be accepting applications through the Wells Fargo Career site. To search and apply for open positions in this program, please go to https://www.wellsfargo.com/careers/ and click on "Search Jobs" and search by keywords, "Control Management Development Program" OR "Job ID: R-381397" and follow the instructions to complete your application.

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 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.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$20.00 - $45.00
Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:
31 Oct 2024
*Job posting may come down early due to volume of applicants.

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, status as a protected veteran, or any other legally protected characteristic.

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.